Tradingwithtamil

Tradingwithtamil

Hi traders, An immediate descending trend line activating the EURJPY pullback setup, currently, the market printing the signals @ 129.125. The 128.50 and 128.00 are the rest points for the market attention. On a daily basis, pair's drop to the 127.10 and then to the 126.35 can't be denied. Moreover, quote's sustained downturn beneath the 126.35 might not...

Tradingwithtamil

Hi traders, XAUUSD another bounce off from the internal deviated zone . In a day time frame, the pair XAUUSD emitting a throwback setup, from the 1354.14 the market lowered the price range uniformly . An Impulse from 1303.06 diverted the price range to the low, that setup formed an internal trend and pulled the price range to max.low of this year. The ...

Tradingwithtamil

Hello traders, EURAUD successfully yet to break out the downward slanting; the surpass break out may bring the quotes to 1.5820 and give a solid confirmation for the downtrend. In case the chart continues declining below the 1.5780 sellers, the 1.5735-30 should be the next halt for the price range. If all the above got passed, the 1.5600-20 could be the target...

Tradingwithtamil

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Tradingwithtamil

Hi traders, The pair EURGBP executing an ascending channel trend; the pair's strength focusing on the bull area but there is a chance for possible reversal too A reversal Impulse from 0.90186 proffering a stable rise in the bull area; the 0.90300 should be the surpass zone to confirm the upward trend. If the market passes through the zone without any deviation,...

Tradingwithtamil

Hello traders, Day-by-day lot of users/traders getting into trading, out of that most of them are novice traders . Consequently, they ended up the trade in the lost count; An action without proper knowledge will end with the failure badge. In trading, there are two approaches to market analysis, 1. TECHNICAL ANALYSIS 2.FUNDAMENTAL ANALYSIS Both can be...

Tradingwithtamil

Hello Fellows, The pair CHFJPY continue to portraying the recovery Setup with the proof of an impulse around110.90. For the One more time the pair yet to justify its strength the price range may hit the horizontal bar near 113.15-25. Meanwhile, the buyers should be careful about the zones 112.85-113.10 the market might conquer against the current trend; If...

Tradingwithtamil

Hi fellows, The pivot point is one of the necessary subjects to learn before starting to do trades. What is the pivot point? The pivot point is the point to calculate the overall movement in the different time frames. The pivot point itself is a sum of High, low and closing prices from the previous day divided by three. PIVOT POINT=Previous high+previous...

Tradingwithtamil

Hi fellows, The pair EURJPY breaks of immediate trend resistance signal further advances to the 127.30 and the 127.65. In case the exchange rate crosses these range, the horizontal region around 128.40-50 could be the challenging zones for buyers. The quotes have a brighter chance to take a halt around 129.1 & 129.75; Moreover, if the pair successfully traded...

Tradingwithtamil Updated 

The EURUSD secured in a perfect trading range; a downward impulse @ 1.15992 procuring a technical advantage for the upcoming downfall and the is pair likely to continue with the previous trend. The 1.13680 will be the next support zone for this pair to bring the quotes to 1.13303. On the contrary, if the signals continuous sentiments with the bull, end the trade...

Tradingwithtamil Updated 

The canadian dollar tron between and the data can help it decide where the next Go.. Canada publishes its jobs report on Friday, June 8th, at 12:30. Back in April, the Canadian economy lost 1,100 positions, a very disappointing outcome. The general notion was that the nation got out of its long winter slump and growth, including in jobs, would pick up. Net...

Tradingwithtamil

The chart portraits a recovery setup; The pair AUDCHF challenges the upward trend. As a result, chances of the quote's pullback to 0.7210 seem brighter; the 0.7250 will be the check pass to add a nitro for a downfall. After the pass-through 0.7200 and 0.7170 are the critical zone for sellers; beware. On the other hand, the 0.7310 and the 0.7350 horizontal...

Tradingwithtamil

Hi fellows, The GBPNZD Challenging a u-turn to the 1.9415-20 horizontal region, the pair expected to witness a pullback towards the 1.9360 immediate resistance before revisiting the resistance zone. The pair should have to surpass the numbers 1.9480 in order to confirm a solid uptrend move. This point will offer an immediate halt for the price range on a daily...

Tradingwithtamil

The pair CADCHF have a brighter opportunity to revisit the 0.7515-05. In a daily timeframe, the signals moving in a fall short to the horizontal support zone. Sellers can again highlight the ascending trend line @ 0.7470. In case bear dominating the game, the 0.7420 and the 0.7365 are likely challenging stops to move further downward. If the challenge...

Tradingwithtamil Updated 

Hello fellows, With the evidence of reversal from 1302.25, the pair leading quotes to the bear lane; besides an impulse before the current candle inducing some attention to the market. This attention seeking process attracting a bunch of traders into the market to participate in the master game. Zones near 1180.42 and the1165.93 are checkposts for further down...

Tradingwithtamil Updated 

Hi traders, The EURUSD offering a small scale buy option; in a 4hr time-frame rate spoted@1.14024. The market has its master plan to re-test the previous resistance mark. From the beginning of this month price range dropped down when it compared with last month points. The market may push the quotes 1.15276. Due to the pair familiarity chance for a lot of buyers...

Tradingwithtamil

What is a pending order? The Pending order is a limited trade over a fixed time frame that combines the features of stop with those of a limit order and is used to reduce risk. The pending order (stop-limit order) will be executed at a specified price, or better after the given limit price has been reached. Once the price reached, the pending order becomes the...

Tradingwithtamil

Hello partners, A reversal from the support line of short-term yielded confirmation for falling wedge pattern; the pair CHFJPY may find it way hard unless surpass 111.70 resistance breakout benchmark. However, the breakout @111.70 will add extra nitro for more upward levels; In case the pair managed to sustain its advance past-112.60, the 113.0 and 113.25 are...