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  • #3751 Collapse

    Originally posted by David Milan581 View Post
    I also think that if we in crude oil So if you open a good trade in crude oil, then you can get profit in it. So if you want to know where the crude oil will go in the crude oil, then I think my nalla is towards the bottom Right now this 40.90 But if you want, should you open a trade and it can come down, it will touch 38.00 and its second target is 37.78
    Hello dear members of mt5 forex forum hope that you will be fine and enjoying good profit in this trading week. Dear forex trader i am agree with your analysis. This currency pair is showing bullish trend for trade. It will move upward and we can place buy entry on this market. It is buy trade and it will give us good profit
     

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    • #3752 Collapse

      Originally posted by Nasiralvi View Post
      Crude Oil Forecast

      Oil prices slipped more than 1% on Friday after an oil worker strike in Norway ended, which could shoot oil output. Oil futures claimed earlier in the week die to concerns the strike in Norway would cut crude output.
      Huricana Delta dealt the greatest blow to US offshore Gulf of Mexico energy production in 15 years, halting most of regions oil and nearly two third of natural gas output.

      With the strike in Norway is over, bullish crude oil traders are going to be watching the developments in the gulf of Mexico for further direction. As of early Sunday, the US Bureau of safety and environmental environmental and 90% of offshore crude oil production remains shut in the US regulated
      Northern Gulf of Mexico following Hurricane
      Delta, which made landfall on Friday.
      Through Sunday a total of 8.8 million barrels per day of crude oil production. Traders have to remember that much of last week's rally was fueled by short covering ahead of the Hurricane, so it's hard to tell how much the damage is already priced in. The point is the market doesn't have to rally if the news is bad
      regarding production. Looking ahead demand is still bearish as you can see in the chart today when market opens crude oil open with gap down and now it seems that it will drop below at the level $20 again.
      [ATTACH]288155[/ATTACH]
      Oil costs were exchanging bullish last week,The gains pushed oil toward the 41.00 level before pulling back. Inability to breakout over this level concretes the perspective on the solid obstruction here.We could expect value activity to pullback lower subsequently. The past value level close to 37.61 will probably be tried for help again.Sell from this and set the emphatically focus at 37.61 and put sl at 40.95. I trust oil will be triiger you certain objective and would be slide.
       
      Swissy Trading Journal

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      • #3753 Collapse

        Originally posted by Nasiralvi View Post
        Crude Oil Forecast

        Oil prices slipped more than 1% on Friday after an oil worker strike in Norway ended, which could shoot oil output. Oil futures claimed earlier in the week die to concerns the strike in Norway would cut crude output.
        Huricana Delta dealt the greatest blow to US offshore Gulf of Mexico energy production in 15 years, halting most of regions oil and nearly two third of natural gas output.

        With the strike in Norway is over, bullish crude oil traders are going to be watching the developments in the gulf of Mexico for further direction. As of early Sunday, the US Bureau of safety and environmental environmental and 90% of offshore crude oil production remains shut in the US regulated
        Northern Gulf of Mexico following Hurricane
        Delta, which made landfall on Friday.
        Through Sunday a total of 8.8 million barrels per day of crude oil production. Traders have to remember that much of last week's rally was fueled by short covering ahead of the Hurricane, so it's hard to tell how much the damage is already priced in. The point is the market doesn't have to rally if the news is bad
        regarding production. Looking ahead demand is still bearish as you can see in the chart today when market opens crude oil open with gap down and now it seems that it will drop below at the level $20 again.
        [ATTACH]288155[/ATTACH]
        crued oil is correct and nice for many competitive keyword phrases unorganized with difficult form day end report playback issue with it .. there is some kind management system CMS
         

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        • #3754 Collapse

          Originally posted by Nasiralvi View Post
          Crude Oil Forecast

          Oil prices slipped more than 1% on Friday after an oil worker strike in Norway ended, which could shoot oil output. Oil futures claimed earlier in the week die to concerns the strike in Norway would cut crude output.
          Huricana Delta dealt the greatest blow to US offshore Gulf of Mexico energy production in 15 years, halting most of regions oil and nearly two third of natural gas output.

          With the strike in Norway is over, bullish crude oil traders are going to be watching the developments in the gulf of Mexico for further direction. As of early Sunday, the US Bureau of safety and environmental environmental and 90% of offshore crude oil production remains shut in the US regulated
          Northern Gulf of Mexico following Hurricane
          Delta, which made landfall on Friday.
          Through Sunday a total of 8.8 million barrels per day of crude oil production. Traders have to remember that much of last week's rally was fueled by short covering ahead of the Hurricane, so it's hard to tell how much the damage is already priced in. The point is the market doesn't have to rally if the news is bad
          regarding production. Looking ahead demand is still bearish as you can see in the chart today when market opens crude oil open with gap down and now it seems that it will drop below at the level $20 again.
          [ATTACH]288155[/ATTACH]
          Good analysis of oil market.
          Oil prices fell again after reaching their highest level in three weeks on Thursday last week. This is the second day of decline in oil prices. At the market opening this Monday, the price of oil for delivery in November 2020 on the New York Mercantile Exchange fell 0.98% to US $ 40.20 per barrel. Oil prices started to weaken since Friday after the Norwegian oil workers strike ended. As a result, Norway's oil production has the potential to increase again.

          The strike ended after 10 days and cut production by about 25%. One of the factors causing the decline in prices was the announcement of the stoppage of this strike.
          Yes, yesterday was a good trading day for Crude Oil and it did move big and it did brought the much needed volatility to the oil market.

          But, wait what? there is no resistance level near?

          Crude Oil will face strong resistance near 41.30 area, 39.20 area & 42.50 area and there are high chances of Crude Oil reversing back into the bearish mode from either of these levels, if the bearish pressure is still intact.

          So, make your decision appropriately mate, wish you all the best. ,
             

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          • #3755 Collapse

            Originally posted by Nasiralvi View Post
            Crude Oil Forecast

            Oil prices slipped more than 1% on Friday after an oil worker strike in Norway ended, which could shoot oil output. Oil futures claimed earlier in the week die to concerns the strike in Norway would cut crude output.
            Huricana Delta dealt the greatest blow to US offshore Gulf of Mexico energy production in 15 years, halting most of regions oil and nearly two third of natural gas output.

            With the strike in Norway is over, bullish crude oil traders are going to be watching the developments in the gulf of Mexico for further direction. As of early Sunday, the US Bureau of safety and environmental environmental and 90% of offshore crude oil production remains shut in the US regulated
            Northern Gulf of Mexico following Hurricane
            Delta, which made landfall on Friday.
            Through Sunday a total of 8.8 million barrels per day of crude oil production. Traders have to remember that much of last week's rally was fueled by short covering ahead of the Hurricane, so it's hard to tell how much the damage is already priced in. The point is the market doesn't have to rally if the news is bad
            regarding production. Looking ahead demand is still bearish as you can see in the chart today when market opens crude oil open with gap down and now it seems that it will drop below at the level $20 again.
            [ATTACH]288155[/ATTACH]
            Dear trader I have seen today crude oil will move toward the downward direction. Now this pair trend looking downward direction and current price 39.30. I think it will go downward direction more. I think now this pair are on correct position to making sell order. So dont forget to make sell order.
             

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            • #3756 Collapse

              Originally posted by naveed hassan View Post
              Dear trader I have seen today crude oil will move toward the downward direction. Now this pair trend looking downward direction and current price 39.30. I think it will go downward direction more. I think now this pair are on correct position to making sell order. So dont forget to make sell order.
              Good time colleague, and everyone reading the forum. Market analysis for the near future for the instrument Oil of the hourly time ... Today, the chart shows an increase in the pair from the previous range of buffaloes with volume. The trend is moving southward. The small trend is likely to go north. The local zone (range) of buffaloes with an effort of 38.06-37.76

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              • #3757 Collapse

                Originally posted by Adnan-Rehman View Post
                crued oil is correct and nice for many competitive keyword phrases unorganized with difficult form day end report playback issue with it .. there is some kind management system CMS
                Yess you are absolutely right we will see small down movement by Crude today and this will drop more 37$ so we should go for sell trade and take profit as you want Crude Oil will remain down
                   

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                • #3758 Collapse

                  USDCAD Analysis

                  USDCAD managed to settle below the support at 1.3135 and is trying to get below 1.3100. If USDCAD manages to move below 1.3100, it will likely gain additional downside momentum and head towards the next support level at 1.3050.
                  A move below 1.3050 will open the way to the test of September lows at 1.3000. There are no important levels between 1.3000 and 1.3050 so this move may be fast.
                  On the upside, the nearest resistance level for USDCAD is located at the previous support at 1.3135. This resistance level has already been tested during the current trading session and proved it's strength.
                  If USDCAD manages to get above the resistance level at 1.3135, it will gain upside momentum and head towards the major resistance level at 1.3200. A move above the
                  resistance at 1.3200 will push USDCAD towards the next resistance level which is located at the 20 EMA at 1.3235.
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                  • #3759 Collapse

                    Originally posted by Nasiralvi View Post
                    USDCAD Analysis

                    USDCAD managed to settle below the support at 1.3135 and is trying to get below 1.3100. If USDCAD manages to move below 1.3100, it will likely gain additional downside momentum and head towards the next support level at 1.3050.
                    A move below 1.3050 will open the way to the test of September lows at 1.3000. There are no important levels between 1.3000 and 1.3050 so this move may be fast.
                    On the upside, the nearest resistance level for USDCAD is located at the previous support at 1.3135. This resistance level has already been tested during the current trading session and proved it's strength.
                    If USDCAD manages to get above the resistance level at 1.3135, it will gain upside momentum and head towards the major resistance level at 1.3200. A move above the
                    resistance at 1.3200 will push USDCAD towards the next resistance level which is located at the 20 EMA at 1.3235.
                    [ATTACH]288454[/ATTACH]
                    Usdcad pair will close this week in the 1.3200 position and it will not move far than this level and there is also a chance for price drop so price can be in the 1.3000 position also. So the usdcad pair carrying both side movement option so before trading make a good analysis. My mind is saying it will be bearish so i am going for selling. Best wishes.
                       
                    Tradingforex-Trading-Journal

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                    • #3760 Collapse

                      Originally posted by Nasiralvi View Post
                      USDCAD Analysis

                      USDCAD managed to settle below the support at 1.3135 and is trying to get below 1.3100. If USDCAD manages to move below 1.3100, it will likely gain additional downside momentum and head towards the next support level at 1.3050.
                      A move below 1.3050 will open the way to the test of September lows at 1.3000. There are no important levels between 1.3000 and 1.3050 so this move may be fast.
                      On the upside, the nearest resistance level for USDCAD is located at the previous support at 1.3135. This resistance level has already been tested during the current trading session and proved it's strength.
                      If USDCAD manages to get above the resistance level at 1.3135, it will gain upside momentum and head towards the major resistance level at 1.3200. A move above the
                      resistance at 1.3200 will push USDCAD towards the next resistance level which is located at the 20 EMA at 1.3235.
                      [ATTACH]288454[/ATTACH]
                      Hy dear mt5 mates I hope you will be fine and enjoying good trading as well as grabbing some healthy profits. I have read your post about the currency is absolutely right and according to the current pandemic situation developed after the corona virus outbreak
                       
                      Madeeha's Journal

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                      • #3761 Collapse

                        Originally posted by Nasiralvi View Post
                        USDCAD Analysis

                        USDCAD managed to settle below the support at 1.3135 and is trying to get below 1.3100. If USDCAD manages to move below 1.3100, it will likely gain additional downside momentum and head towards the next support level at 1.3050.
                        A move below 1.3050 will open the way to the test of September lows at 1.3000. There are no important levels between 1.3000 and 1.3050 so this move may be fast.
                        On the upside, the nearest resistance level for USDCAD is located at the previous support at 1.3135. This resistance level has already been tested during the current trading session and proved it's strength.
                        If USDCAD manages to get above the resistance level at 1.3135, it will gain upside momentum and head towards the major resistance level at 1.3200. A move above the
                        resistance at 1.3200 will push USDCAD towards the next resistance level which is located at the 20 EMA at 1.3235.
                        [ATTACH]288454[/ATTACH]
                        Hi, Nasiralvi, yes USDCAD has shown some good bearish strength and signs of bearish reversal after hitting the 1.34567 strong resistance level and now it would be falling atleast to the previous low level of atleast 1.35000 level where again there is a bit of support and it will be interesting to see what it does after that will it bounce again or it will break to the downside and again this is a very good analysis coming form you mate
                         

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                        • #3762 Collapse

                          Originally posted by Nasiralvi View Post
                          USDCAD Analysis

                          USDCAD managed to settle below the support at 1.3135 and is trying to get below 1.3100. If USDCAD manages to move below 1.3100, it will likely gain additional downside momentum and head towards the next support level at 1.3050.
                          A move below 1.3050 will open the way to the test of September lows at 1.3000. There are no important levels between 1.3000 and 1.3050 so this move may be fast.
                          On the upside, the nearest resistance level for USDCAD is located at the previous support at 1.3135. This resistance level has already been tested during the current trading session and proved it's strength.
                          If USDCAD manages to get above the resistance level at 1.3135, it will gain upside momentum and head towards the major resistance level at 1.3200. A move above the
                          resistance at 1.3200 will push USDCAD towards the next resistance level which is located at the 20 EMA at 1.3235.
                          [ATTACH]288454[/ATTACH]
                          You are doing very good trading. USD cad Cadman, its analysis is also very liked by you, the way you have done the trading and some of my brain works that it will go towards some silky which is a little bit down in the case. 1.1875 And some of my mind also works that it will take such a moment
                           

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                          • #3763 Collapse

                            Originally posted by Nasiralvi View Post
                            USDCAD Analysis

                            USDCAD managed to settle below the support at 1.3135 and is trying to get below 1.3100. If USDCAD manages to move below 1.3100, it will likely gain additional downside momentum and head towards the next support level at 1.3050.
                            A move below 1.3050 will open the way to the test of September lows at 1.3000. There are no important levels between 1.3000 and 1.3050 so this move may be fast.
                            On the upside, the nearest resistance level for USDCAD is located at the previous support at 1.3135. This resistance level has already been tested during the current trading session and proved it's strength.
                            If USDCAD manages to get above the resistance level at 1.3135, it will gain upside momentum and head towards the major resistance level at 1.3200. A move above the
                            resistance at 1.3200 will push USDCAD towards the next resistance level which is located at the 20 EMA at 1.3235.
                            [ATTACH]288454[/ATTACH]
                            You are expecting the long time buying from the Usd/Cad that seems imposable and also your long deal is from the distance from the currnet price, I am expecting the retrace but for the short time and for the few pips be careful brother, soon the Usd/Cad will declined again and follow the selling track.
                             
                            ForexRider's Trading Journal

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                            • #3764 Collapse

                              Originally posted by Nasiralvi View Post
                              USDCAD Analysis

                              USDCAD managed to settle below the support at 1.3135 and is trying to get below 1.3100. If USDCAD manages to move below 1.3100, it will likely gain additional downside momentum and head towards the next support level at 1.3050.
                              A move below 1.3050 will open the way to the test of September lows at 1.3000. There are no important levels between 1.3000 and 1.3050 so this move may be fast.
                              On the upside, the nearest resistance level for USDCAD is located at the previous support at 1.3135. This resistance level has already been tested during the current trading session and proved it's strength.
                              If USDCAD manages to get above the resistance level at 1.3135, it will gain upside momentum and head towards the major resistance level at 1.3200. A move above the
                              resistance at 1.3200 will push USDCAD towards the next resistance level which is located at the 20 EMA at 1.3235.
                              [ATTACH]288454[/ATTACH]
                              Hello how are you my dear friend I disagree with you because market downward move everyone insert the trade of sell and gain so much profit.Usdcad pair will close this week in the 1.3200 position and it will not move far than this level and there is also a chance for price drop so price can be in the 1.3000 position also. So the usdcad pair carrying both side movement option so before trading make a good analysis. My mind is saying it will be bearish so i am going for selling. Best wishes my dear friend....
                               

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                              • #3765 Collapse

                                Originally posted by Nasiralvi View Post
                                USDCAD Analysis

                                USDCAD managed to settle below the support at 1.3135 and is trying to get below 1.3100. If USDCAD manages to move below 1.3100, it will likely gain additional downside momentum and head towards the next support level at 1.3050.
                                A move below 1.3050 will open the way to the test of September lows at 1.3000. There are no important levels between 1.3000 and 1.3050 so this move may be fast.
                                On the upside, the nearest resistance level for USDCAD is located at the previous support at 1.3135. This resistance level has already been tested during the current trading session and proved it's strength.
                                If USDCAD manages to get above the resistance level at 1.3135, it will gain upside momentum and head towards the major resistance level at 1.3200. A move above the
                                resistance at 1.3200 will push USDCAD towards the next resistance level which is located at the 20 EMA at 1.3235.
                                [ATTACH]288454[/ATTACH]
                                Greeting and good day friend, I appreciate your analysis on usdcad. This pair now moving upward direction and now this pair standing on 1.3138. I think for today it will continue moving on upward direction. I think today we can take our position for buy side and can hold our trade for longer time. I hope that decision will help us to make big profit.
                                 

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