Eur/Cad

[troykilson]

by viewing the EURCAD chart of the day we conclude that weak bearish trend happened due to the blade oscillator of value 0.0016 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 1.421 can be taken as a stop loss point for the sell orders given by the indicators that we deal with them .

[hmmo]

On the EURCAD chart now you can indicate that the price is currently moving above the MBFX indicator's green line which is the support 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 long then you can target the next level of support on MBFX indicator at area of resistance on MBFX indicator at area of 1.416 as first take profit and 1.415 as your next and final target as long as the price did not hit 1.4213 which can be used also as stop loss for your buy trades.

[ramadanyu]

As soon as the candles started showing a green color I noticed that the MA indicator changed to green on our chart EURCAD indicating by that the making of a new bullish trend.
The green dots shown by the BB MACD indicator which is currently located above the level zero showing by that the strength of the bullish trend at this particular moment.
Summing all that up I do think that bullish direction would be having more strength and following the buy trades would be the best in this situation while having the level 1.4255 as a target since it's a resistance where the price got a good chance of reaching only and only if the price remained strong to keep the position it does have above the support level 1.421 .

[hatrik]

by viewing the EURCAD chart of the day we conclude that strong bullish trend happened due to the blade oscillator of value 0.0028 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 1.424 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them .

[samoo]

According to my analysis on the EURCAD chart for today

[mary]

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 Above the candle that indicates a downward 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 .

[hatrik]

The moment indicator indicates that there is good selling signal on our pair EURCAD and that�s because of the cross taking place where the blue line�s 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 blue colors on the arrows could be acting as upward 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.

[ANDRIAS]

http://prntscr.com/5868u6
analysis for today 11 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURCAD on the date 11 / 19 / 2014
OPEN 1.4157
HIGH 1.4255
LOW 1.4156
CLOSED 1.4235

The third resistance (R3) 1.4255 -( 1.4215 - 1.4156 = 0.0059 x 2 = 0.0119 )= 1.4374
The second Resistance (R2) 1.4215 + 1.4255 - 1.4156 = 1.4314
First resistance (R1) 1.4215 x 2 = 2.8431 - 1.4156 = 1.4275
pivot points 1.4255 + 1.4156 + 1.4235 = 4.2646 / 3 = 1.4215
Support for the first (S1) 1.4215 x 2 = 2.8431 - 1.4255 = 1.4176
Support second (S2) 1.4215 -( 1.4255 - 1.4156 = 0.0099 ) = 1.4116
Third Support (S3) 1.4156 -( 1.4255 - 1.4215 = 0.0040 x 2 = 0.0079 )= 1.4077

[ng1985]

pair- eur/cad
analysis time frame- m15



the price is down side from the resistance at 1.4255 level and lower side hold at the 1.4215 level. the divergen of the macd indicator is also to the zero side. if the price is break support at 1.4195 level then short with profit target at 1.4131 and stop loss at 1.4263
good luck.

[alii.hassan]

A bullish trend is taking place because of the up blue arrow located below the price on the EURCAD pair right now.
You can confirm it even more using the buy cross between the snake and T2_clean.
In order to be safe a strong resistance level should be determined to act as a take profit and I believe the level 1.42.05 would serve that purpose since it�s a strong resistance level at the current time.
But of course if it got broken it would mean that the price would head further up and so we would keep buying as a result.
But if the price headed to the other direction it would be wise to use 1.4045 as a stop loss level for it�s a really strong support As a result to what we said earlier I do believe that buying would be the best decision at the moment unless either a sell cross signal appears or a red down arrow is shown