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Thread: Eur/Cad

  1. #5074
    Senior Member troykilson is on a distinguished road troykilson's Avatar
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    by viewing the EURCAD chart of the day we conclude that weak bearish trend happened due to the blade oscillator of value 0.0021 located below the balance level of the indicator which shows a blue signal to conclude a weak indication that a bearish direction happen on the short run.
    By the way the moving average 5 on the chart giving us a down indication then the top placed at price 1.426 can be taken as a stop loss point for the sell orders given by the indicators that we deal with them .

    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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    Senior Member ralf is on a distinguished road ralf's Avatar
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    According to price position which is below the EMA indicator on the EURCAD chart I believe it will be taking a bearish direction throughout the day.
    A sell signal is indicated by the RSI indicator according to the line which is currently below the center line of 35.
    Using the MACD indicator we can see that the green lines are heading up which means that the market bulls are the ones in control in the current period.
    As a result to that I do believe that choosing the bears for the current day would be the best choice but that of course until we get an opposite buy signal via the EMA indicator when the price gets above the wave .

    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.


  3. #5072
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    The moment indicator indicates that there is good selling signal on our pair EURCAD and thats because of the cross taking place where the blue lines location is below the red line at the moment The oracle strength indicator.
    on the other hand is could be considered be giving a upwards direction signal according to the yellow color shown.
    If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the red colors on the arrows could be acting as downward signals.
    Now as a conclusion from all the data we acquired up till now I believe that a downward trend would be taking action and that of course if the sell cross was still on the chart sell trades would have the priority as long as the ATR indicator gives selling signals.

    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.


  4. #5071
    Banned halloiasan is on a distinguished road halloiasan's Avatar
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    According to what I am witnessing now on the EURCAD chart the price now is giving us a signal that it might keep heading to a bullish trend based on the up channel drawn in front of us.
    The upper edge of the donchain channel which got hit by the price giving us by that south signal.
    The red bar shown by the awesome oscillator indicator is located above the level of 0 indicating by that a sell signal at the moment.
    A bearish signal shown by the sell cross taking place on the stostatic indicator where the lines are located near the level of 80 The buying data shown in front of us could be the right call targeting by that the high level of the donchain channel but before entering any deal it would be wise to wait for a confirmation of up trend from the Awesome Oscillator increasing by that the chance for the buy trades to win almost near the up line of the channel

    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.


  5. #5070
    Senior Member hmmo is on a distinguished road hmmo's Avatar
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    On the EURCAD chart now you can indicate that the price is currently moving below the MBFX indicator's blue line which is the balanced area with a location at 1.419 Currently by looking on the last signal on vestro indicator it was a bearish saturation signal by going to -100 level of vestro which may be a good notification about going south for the current time if you decided to enter short then you can target the next level of support on MBFX indicator at area of support on MBFX indicator at area of 1.4144 as first take profit and 1.4116 as your next and final target as long as the price did not hit 1.4236 which can be used also as stop loss for your sell trades.

    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.


  6. #5069
    Senior Member osos is on a distinguished road osos's Avatar
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    The EURCAD chart shows a up trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 so I think that I will go for buy positions when the other indicators confirm the bullish direction .
    For the parabolic sar indicator there are dots located below the candle that indicates a upward direction also the MACD indicator that is moving above the level 0 shows a buy signal the CCI line is at the higher level that performs a upward signal .
    The EMA locations suggest buying until the price shows any opposite bearish signal .

    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.


  7. #5068
    Senior Member troykilson is on a distinguished road troykilson's Avatar
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    by viewing the EURCAD chart of the day we conclude that strong bullish trend happened due to the blade oscillator of value 0.0012 located above the balance level of the indicator which shows a blue signal to conclude a strong indication that a bullish direction happen on the short run.
    By the way the moving average 5 on the chart giving us a UP indication then the bottom placed at price 1.4173 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them .

    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.


  8. #5067
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    The moment indicator indicates that there is good selling signal on our pair EURCAD and thats because of the cross taking place where the blue lines location is below the red line at the moment The oracle strength indicator.
    on the other hand is could be considered be giving a upwards direction signal according to the blue color shown.
    If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the red colors on the arrows could be acting as downward signals.
    Now as a conclusion from all the data we acquired up till now I believe that a downward trend would be taking action and that of course if the sell cross was still on the chart sell trades would have the priority as long as the ATR indicator gives selling signals.

    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.


  9. #5066
    Banned halloiasan is on a distinguished road halloiasan's Avatar
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    According to what I am witnessing now on the EURCAD chart the price now is giving us a signal that it might keep heading to a bullish trend based on the up channel drawn in front of us.
    The upper edge of the donchain channel which got hit by the price giving us by that south signal.
    The green bar shown by the awesome oscillator indicator is located above the level of 0 indicating by that a buy signal at the moment.
    A bullish signal shown by the buy cross taking place on the stostatic indicator where the lines are located near the level of 80 The buying data shown in front of us could be the right call targeting by that the high level of the donchain channel but before entering any deal it would be wise to wait for a confirmation of up trend from the Awesome Oscillator increasing by that the chance for the buy trades to win almost near the up line of the channel

    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.


  10. #5065
    Banned Gamabunta will become famous soon enough Gamabunta will become famous soon enough Gamabunta's Avatar
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    I think that this is a good opportunity to get in short position from the resistance level at 1.4168.

    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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