entry zone : 0.7000 stop loss:0.7230 tp1 :0.6769 tp2 :0.6420
the eur/gbp in big time in box and have good big support and resistence so i buy one step at here 0.8506 and another step at 0.8475 and then at 0.8440-8410 stop loss : 0.8350 tp 1: 0.8560 tp 2:0.8660 tp 3:0.8700 tp 4:0.8770 tp 5:0.8850
in march of 2020 The Reserve Bank of New Zealand decide to save the worth of this country currency and decrease the Interest Rate from 1 to 0.25 in 15 march
if you see this cross in long term it has long sell time story so I think stil we going down until 141 i sell entry now at 151.28 and another step at 151.60 & 152.50 sl :153.10 tp 1 : 148.60 tp2 :148 tp 3 to under 50 pip down
the path show every think we have good support in 0.8812 and i think we goes up to 0.8875 or 0.8930 and there is resistence zone for sell
gbp/usd is in Descending channel and i think the target is 1.3200 and also we have 1.3460 and 1.3480 for resistence
after bullish move in 9 day gold touched 1868 twice and fall if you focus and see the back of market 1868 is iportant zone for gold and have good reaction and i think if gold can close 1 day up of the 1868 it can go to 1893 & 1914
if you see eurjpy its in good support zone and it can vring it up for better sell so i'll do that sell limit @ 128.40 128.90 129.40 stop loss @ 130 take profite 1- 127 2- 126.50 3-126 4-125.50
in 21 april we have good cpi and then BOC Monetary Policy Report the decending start and in 28 april we have good retail sales and in 6 of may the BoC's Governor Macklem speech
The bank of Canada after pandemic Corona in 2020 decided to cut the interest rate for saving the worth of Canadian Dollar and it happened in 3 sessions: 1- A decrease in March 4th from 1.75 to 1.25 2- in 13 of march decrease from 1.25to 0.75 3- in 274 of march decrease from 0.75 to 0.25