Get started
Euro / Canadian Dollar
Short
Updated

EURCAD: BEARISH POSITIONS BELLOW 1.3138

79
EURCAD

Hello folks!!!,
This is my analysis brought to you after deeply analyzing the EUR/CAD Forex pair from a technical, trend and fundamental perspective:

Pivot point : 1.3138

Stop loss : 1.3175

Take profit : 1.2914

Entry Price : 1.3110

Risk/Reward Ratio : 1:3.7

If this post was useful to you, do not forget to like and comment.❤️

Trade Safely,
Best Regards,
Yasser TavarezEURCAD
Trade closed: stop reached
STOP LOSS was reached (- 71 PIPS).

Reason:

Due to an unexpected rumor over which took place on Monday 9/12 during morning hours regarding the next raise of interest rates for euro in October (The rumor says would firmly be 0.75% as the one taking placing the current month of September).

This rumor made Euro burst against its competitor.
YasserTF
Also on:
bearishmarketbeyondtechnicalanalysisForexforexsignalsFundamental AnalysisfundamentalanalsysisTechnical IndicatorsresistancelevelTechnical AnalysistrendanalyseTrend Analysistrendtrading

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
bearishmarketbeyondtechnicalanalysisForexforexsignalsFundamental AnalysisfundamentalanalsysisTechnical IndicatorsresistancelevelTechnical AnalysistrendanalyseTrend Analysistrendtrading
YasserTF
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.