How Far Will It Fall?

topfuel29

会员从Jul 23, 2020开始 2帖子

Aug 14, 2020 at 17:02

会员从Jul 23, 2020开始 2帖子

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

会员从Jul 19, 2020开始 310帖子

Aug 18, 2020 at 12:03

会员从Jul 19, 2020开始 310帖子

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

会员从Feb 13, 2019开始 10帖子

Aug 18, 2020 at 12:23

会员从Feb 13, 2019开始 10帖子

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

Curtid33

会员从Oct 01, 2019开始 42帖子

Aug 27, 2020 at 22:26

会员从Oct 01, 2019开始 42帖子

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

会员从Oct 01, 2019开始 42帖子

Aug 29, 2020 at 02:36

会员从Oct 01, 2019开始 42帖子

Well, the market answered your question today lol

topfuel29

会员从Jul 23, 2020开始 2帖子

Aug 30, 2020 at 13:38

会员从Jul 23, 2020开始 2帖子

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

会员从Jun 23, 2020开始 32帖子

Oct 08, 2020 at 10:44

会员从Jun 23, 2020开始 32帖子

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

EURUSD	1.13741	GBPUSD	1.33706	AUDUSD	0.63946
USDJPY	142.982	USDCAD	1.38328	USDCHF	0.82482

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