How Far Will It Fall? | Forex Forum oleh Myfxbook

Anggota Sejak Jul 23, 2020 2 pos

Aug 14, 2020 at 17:02

Anggota Sejak Jul 23, 2020 2 pos

How long would you estimate NZD/CAD 1Day Candle will continue to fall?
https://www.myfxbook.com/forex-market/currencies/NZDCAD
I bought it yesterday to sell and it was up today. I'm using the T3 Moving Average Cross System.
Thanks for your input.

Michihito

Anggota Sejak Jul 19, 2020 298 pos

Aug 18, 2020 at 12:03

Anggota Sejak Jul 19, 2020 298 pos

This pair is in downtrend. In trend market you can hold a position against the trend. First you should consider the trend of pair. This pair still has room to fall, though nothing is certain.

BipinBike

Anggota Sejak Feb 13, 2019 10 pos

Aug 18, 2020 at 12:23

Anggota Sejak Feb 13, 2019 10 pos

The fall is over. The move down has stalled. Prices will increase over the next few weeks

Curtid33

Anggota Sejak Oct 01, 2019 49 pos

Aug 27, 2020 at 22:26

Anggota Sejak Oct 01, 2019 49 pos

Only on the technicals: The month is ending, so you might be looking at a bit of a pullback before the new month. Definitely not a buy until it breaks .88 . A lot of room down to .84/.85 . I'd assume sells are valid, but wouldn't take a position until it closes below .868

Curtid33

Anggota Sejak Oct 01, 2019 49 pos

Aug 29, 2020 at 02:36

Anggota Sejak Oct 01, 2019 49 pos

Well, the market answered your question today lol

topfuel29

Anggota Sejak Jul 23, 2020 2 pos

Aug 30, 2020 at 13:38

Anggota Sejak Jul 23, 2020 2 pos

Thank you for all the replies. I got out a couple of days after I bought in. I wanted to stay in longer, but that wasn't happening...🙃

davidkew

Anggota Sejak Jun 23, 2020 34 pos

Oct 08, 2020 at 10:44

Anggota Sejak Jun 23, 2020 34 pos

Nothing can be predicted for certain. A lot of experts though are of the view that the downward trend is over.

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EURUSD	1.07674	GBPUSD	1.255	AUDUSD	0.6612
USDJPY	152.922	USDCAD	1.3681	USDCHF	0.90498