EUR-CAD broke the rising trend-line Then went up to retest the broken level and horizontal resistance at 1.31223 From where I am expecting a local bearish reaction And a move down to retest the target below 1.28979
EURCAD $EURCAD Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
price has channelled down to a strong support area, short term buy to at least to of the channel.
EurCad is currently testing the support region, this pair is currently trapped in a box-like consolidation and has shown some bullish rejections. Breaking down the chart, we could carefully see a falling wedge pattern which indicates a bullish reversal and also adds to my assumption. July 1st, we all saw a bullish movement on some EUR pairs despite the turmoil...
#EURCAD, eurcad weekly accumulation for medium to longer long. Initial target 1.3890 next target 1.4080 that will take time.
#eurcad, until hold support 1.3400 may expect forming triple bottom, 1.3560 need to break for confirmation.
If we look closely into what has been happening since yesterday on a lower timeframe, we will notice how it appears that price action has been rejecting the Bearish trendline identified on the daily time frame. In this regard, I want to be looking forward to selling opportunities right below the key level identified at 1.36900 Risk Disclaimer: Margin trading in...
29th April daily key reversal bar dictating bullish reversal. weekly bar is inside bar did not make new low or high, confined within the range of the previous weekly bar. suspect bullish for target 1.3870. stop loss below key reversal bar.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Considering the long term bearish momentum coupled with a reversal set-up on the 1H time frame; It is advisable that we look out for selling opportunities at this juncture in the market. So with a key level identified at 1.355, we shall be using this level as a yardstick for our position. Risk Disclaimer: Margin trading in the foreign exchange market (including...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is my opinion on what will happen next on EURCAD. ➖➖➖➖➖➖➖➖➖➖➖➖ Price did a fake break out of his strong support zone @ 1.36900 and now is consolidating just bellow now, I expect growth and my goal is that price reach and break trough resistance @ 1.38900 ➖➖➖➖➖➖➖➖➖➖➖➖ Please use small lot's if you gonna trade on this, always use proper...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
In Weekly TF market is still expected to Bearish, We can sell long from Weekly Supply 1.44271 to Weekly Demand Level 1.32512 .The reason of bearish in market is that market break the Demands Level 1.43633 and the Demand level is retested and this Demand level 1.39067 is Weak, so we will use confirmation to buy from this current Demand 1.39067 to Weekly Supply...
Yesterday the bearish movement of EURCAD took us to an even more interesting and noteworthy area. A new low was reached, but without triggering any buy signals on the MCS, even though the channel has really narrowed a lot. I think the signal is close, and maybe reaching a new low at 1.4052 is a good entry point, but we still don't set any buy limit, we wait for...
Good Morning everyone, the price of the Euro against the Canadian Dollar is falling just near the end of the annual cycle. We still have some time to see it drop below the November lows, personally I see 1.40526 as a good level of buying, but only the MCS will confirm this. The excess weakness on the MCS is showing up, the channel is tightening fast and...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.