EUR/CAD CAD/CHF Correlation

FX:EURCAD   Euro / Canadian Dollar
Hi Traders,

Here we have a Fibonacci study drawn on a daily chart for the EUR/CAD pair. Friday's close saw a hammer formation push above the 61% retracement after a week spent forming a support base at 50%.

The line below EUR/CAD shows the direction of CAD/CHF and the clear, negative correlation between the two pairs. As it stands I'm looking for long entries with EUR/CAD in conjunction with short entries in the CAD/CHF pair.

Happy trading!


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out