i,m trying to invest my small bonus into trading if anyone want to invest on behalf of me
i,m trying to invest my small bonus into trading if anyone want to invest on behalf of me
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The pair has been quite volatile, trading mostly to the downside in July, as the Euro-zone sovereign debt worries weighed heavier on the pair than did the collateral effect on the Loonie as a result over concerns of the U.S. debt crisis
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this is my analysis for EURCAD pair , hopefully it will be good & understandable and help you to earn good profit in trading
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakdown of the resistance level at 1.5190 and the pair will continue to go down to the next level level at 1.5165
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 1.5235 stop loss at the level 1.5200 target take profit at the level 1.5280
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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once in the prediction of several indicators for the technical analysis of currency pairs EURCAD on the market today at 1.5250 the resistent level , then I recommend you to do the open position SELL with some criteria such as the following. You put a take profit at 1.5165 positions. You put a stop loss at 1.5249 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 1.5250
Resistent2 = 1.5262
Resistent3 = 1.5275
Support 1 = 1.5180
Support 2 = 1.5167
Support 3 = 1.5155
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
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I think EURCAD is trying to break the 1.2667 support level now. If the current candle on H4 time frame can close below 1.2667 level, I think and expect this pair will continue falling today and has a potential to reach the next support level at around 1.2607
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Till now the pair unable to breakout to the weekly resistance @1.4352.
so it is likly to falling down just to retest the trend line then Up movements will be expected after
brokeakout of the weekly resistance.
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EurCad technical analysis by using : Auto pivot indicator.
resistent level 1 - 1.5345
resistent level 2 - 1.5308
resistent level 3 - 1.5274
pivot point - 1.5237
support level 1 - 1.5203
support level 2 - 1.5166
support level 3 - 1.5132
Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the lower level to perform a upward signal
on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.
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148 (2019-01-13), Anees786 (2019-01-13), FA148P (2019-01-13), FM2127 (2019-01-13), isha (2019-01-13), ismar (2019-01-12), lover222 (2019-01-12), m148 (2019-01-13), mansurep (2019-01-12), PAK786 (2019-01-13), SA148P (2019-01-13), SA153P (2019-01-13), Sing (2019-01-12), sridevi (2019-01-15), yulbang111 (2019-01-12), yuyul (2019-01-14), zainm6050 (2019-01-12)
elliott extended impulse wave down 1.2968 it should trade higher to 1.3065 or above 1.3103 in extention support at 1.2999 and 1.2980 stop loss below 1.2933
\support and resistance
res2 1.3103
res1 1.3065
pivot 1.3018
sup1 1.2980
sup2 1.2933
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
148 (2019-01-13), Anees786 (2019-01-13), FA148P (2019-01-13), FM1881 (2019-01-13), FM2127 (2019-01-13), isha (2019-01-13), ismar (2019-01-12), lover222 (2019-01-12), mansurep (2019-01-12), SA148P (2019-01-13), SA153P (2019-01-13), Shahzada (2019-01-14), Sing (2019-01-12), siqidir (2019-01-12), Unregistered (2), zainm6050 (2019-01-12)
Daily analysis EUR/CAD of the pair
today trend is: buy
Resistance level:
1- Resistance : 1.5283
2- Resistance : 1.5346
3- Resistance : 1.5385
Supporting level :
1- Supporting : 1.5180
2- Supporting : 1.5141
3- Supporting : 1.5078
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the pair has closed it's daily candle above 1.3800 . so , that's means that up trend is expected and the pair might head to 1.3840 and then 1.3870 ,but also the hourly correction is expected before continue in the up trend
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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