More move higher for EURO-CADANALYSIS ON EURCAD
Welcome to my analysis
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30min CHart
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Interesting Point of interest In the EURCAD pair.
- Price testing 200 day EMA.
- look for buy signals.
- Expecting some more upward movement.
- Watch 1.47700 for Take Profit (TP).
- MACD showing bullish divergence
Stay Tuned
Eurcadforcast
EURCAD Market Outlook | Daily Forex Market BreakdownEURCAD
Looking very interesting. EC pushed to the upside made a new high then melted back to the downside. I feel we are going to come down further but it is going to be key to wait patiently for a pullback so we can secure a clean entry. Keep in mind that we are still in an uptrend so we need to be cautious.
EURCAD approaching support, potential for a bounce!
EURCAD is expected to drop to 1st support at 1.45085 where it could potentially react off and up to 1st resistance at 1.45655.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD approaching resistance, look out for potential reversal!
EURCAD is approaching its resistance at 1.46961 where it is could reverse down to its support at 1.45495.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD FALLING WEDGE PATTERN"In the name of Allah, the Most Gracious, the Most Merciful"
EURCAD FALLING WEDGE PATTERN.
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan
EURCADIt Could rise up to 1.46487 (50) Pips up
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EURCAD approaching support, potential for a bounce!
EURCAD is expected to drop to 1st support at 1.47072 where it could potentially react off and up to 1st resistance at 1.46351.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.