Thread: Eur/Cad
presents short-term scalpers with an opportunity as the pair ranges between an encompassing symmetrical wedge formation. With daily relative strength holding mid-range at 43.8, the pair lacks coherent direction or momentum, providing traders with a range-bound setup
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Now the euro is observed good growth, we see that the candles on top of the larger, and rollbacks are not as big and the price is not time to roll back below .. and it turns out this trend steps ... so that is expected next week and can continue to grow with more volume and faster ... Goal 1. 2760 ...
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techncal analysis
this is a sensitive price rate.
the price eur/cad buying point is 1.5113 and the selling point 1.5096
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techniical analysis
this is a sensitive price rate.
the price eur/cad buying point is 1.5110 and the selling point 1.5099
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Today the trend of this pairs Eurr/Cad is bullish
The resisting and supporting level is very success now.
The resistance level.
01. Resistance level=1.5118
02. Resistance level=1.5165
03. Resistance level=1.5217
The supporting level=
01. supporting level=1.5020
02. supporting level=1.4960
03. supporting level=1.4920
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Recent selloff calls for a review of our preferred count and suggests the major rise from 1.2557 (2000 low) has ended at 1.7509 as circle wave B (please refer to larger degree wave count below) and circle wave C is now in progress which should extend to 1.3289
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Today,s Bullish Trend of Eur/Cad
Resistance Level is :
Resistance 1: 1.5143 Resistance 2: 1.5189 Resistance 3: 1.5239
Supporting Level is :
Support 1: 1.5047 Support 2: 1.4996 Support 3: 1.1940
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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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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.
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.
Dear,Recent selloff calls for a review of our preferred count and suggests the major rise from 1.2557 (2000 low) has ended at 1.7509 as circle wave B (please refer to larger degree wave count below) and circle wave C is now in progress which should extend to 1.3289.although the trend h4 in the opposite trend d1, we just follow the trend in h4, because canlde formed clearly UP and has appeared a green marbels. and I put a BUY LIMIT at 1.3938 (SMA5 Low H4).
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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