Midterm forecast: While the price is above the support 1.4750, beginning of uptrend is expected. We make sure when the resistance at 1.5285 breaks. If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is...
Midterm forecast: While the price is above the support 1.4750, beginning of uptrend is expected. We make sure when the resistance at 1.5360 breaks. If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
Midterm forecast: While the price is above the support 1.4750, beginning of uptrend is expected. We make sure when the resistance at 1.5360 breaks. If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
EUR/CAD - BUY Order: Entry @ 1.500 with SL @ 1.4910 TP @ 1.5300
Midterm forecast: While the price is above the support 1.4750, beginning of uptrend is expected. We make sure when the resistance at 1.5115 breaks. If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI bounced from the resistance #1 at 48 and it prevented price from more gains. A peak is...
Midterm forecast: While the price is above the support 1.4750, beginning of uptrend is expected. We make sure when the resistance at 1.5115 breaks. If the support at 1.4750 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI bounced from the resistance #1 at 48 and it prevented price from more gains. A peak is...
Conclusion for today’s analysis: Minimum expectation for the EURCAD (FX) is 1.45024 if it breaks below support at 1.47623.. The Daily time frame is examined in today’s analysis for the EUROCAD. Major attention is drawn to the bearish channel (tentative) that is used to put price action into context ever since a price high of 1.61530 was achieved on March 20,...
Good evening once again from the UK. The Euro against the cad has found some momentum after testing the lower upper trendily at the key level of 1.50800. With a shooting start forming on last weeks closures many rookie traders would of entered a short with a break of the trendline. With a weekly timeframe Gravestone dogi closure this indicated a clear opportunity...
the price is approaching an unfilled gap - the strong sell area
Sell EUR/CAD with a target at 1.49426 I am expecting it to pull back up and then continue its bearish trend to hit our target.
Here I see an opportunity to go take a safe long position on the EURO CAD currency pair here a potential Target in mind. The specific coordinates are identified here on my chart. This should be a pretty easy target
Here as described in the image attached I have identified yet another opportunity to scale in short positions as I see the Euro continuing to weaken. Last week we closed out with a huge momentum bust to the downside crushing directly to the previous level of support. I see this pair continuing this momentum with the first downside target at the 1.46300-1.46400 level.
EUR / CAD More likely we will see big rise. Below, see the chart attached.
EURO/CAD Short 8.2 RR.
Below the support low at 1.38100, it is suggested a short with target at 1.35
I was expecting to take a short on the 4hr here, but it looks like we are seeing a bearish wedge. PA won't continue downwards for long.
My thoughts for this trade This Pair is looking very bullish at the moment. -A couple of Long term (Weekly) Fibonacci -Monthly, Weekly and Daily MA's bullish (My MA's of course) -Daily Break retest and continuation of 1.5000 Monthly Res level. Price ready for entry with liberal stop. I Will see how market opens and potentially wait for price to enter a better...