EURCAD A Fall Expected! SELL!
My dear followers,
I analysed this chart on EURCAD and concluded the following:
The market is trading on 1.5064 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5040
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Sigbal
AUDJPY to stall at current swing high.AUDJPY - Intraday - We look to Sell at 90.00 (stop at 90.75)
Previous support located at 89.00.
Previous resistance located at 89.50.
Broken out of the channel formation to the downside.
A higher correction is expected.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 89.00 will confirm the bearish momentum.
Our profit targets will be 88.00 and 87.00
Resistance: 89.50 / 90.00 / 90.50
Support: 89.00 / 88.00 / 87.00
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