Eur/Cad

[Bethirani]

all traders could they learn a programming language because so many references are used to learn in forex forums, but now I always have suggestions on the merchant if you do not have the basic programming language support then it may be difficult to do while you own should have a focus on learning in forex startegy ability to develop and so that also takes a lot of

[BURHANFX]

http://prntscr.com/3zctog
analysis for today 7 / 4 / 2014
EUR/NZD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.5555
Retracement (50%) 1.5564
retracement (61,8%) 1.5573

Extensions (61.8%) 1.5477
Extensions (100.0%) 1.5447
Extensions (138.2%) 1.5417
Extensions (161.8%) 1.5399
calculation based on a Fibonacci retracement then today I choose sell

[Emi]

http://prntscr.com/3z7kr7
analysis for today 7 / 4 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURCAD on the date 7 / 3 / 2014
OPEN 1.4566
HIGH 1.4572
LOW 1.4447
CLOSED 1.4471

The third resistance (R3) 1.4572 -( 1.4497 - 1.4447 = 0.0050 x 2 = 0.0099 )= 1.4671
The second Resistance (R2) 1.4497 + 1.4572 - 1.4447 = 1.4622
First resistance (R1) 1.4497 x 2 = 2.8993 - 1.4447 = 1.4546
pivot points 1.4572 + 1.4447 + 1.4471 = 4.3490 / 3 = 1.4497
Support for the first (S1) 1.4497 x 2 = 2.8993 - 1.4572 = 1.4421
Support second (S2) 1.4497 -( 1.4572 - 1.4447 = 0.0125 ) = 1.4372
Third Support (S3) 1.4447 -( 1.4572 - 1.4497 = 0.0075 x 2 = 0.0151 )= 1.4296

[BURHANFX]

analysis for today 7 / 3 / 2014
EUR/CAD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.4538
Retracement (50%) 1.4544
retracement (61,8%) 1.4550

Extensions (61.8%) 1.4486
Extensions (100.0%) 1.4466
Extensions (138.2%) 1.4446
Extensions (161.8%) 1.4434
calculation based on a Fibonacci retracement then today I choose sell

[Emi]

http://prntscr.com/3yvbcl
analysis for today 7 / 3 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURCAD on the date 7 / 2 / 2014
OPEN 1.4541
HIGH 1.4570
LOW 1.4518
CLOSED 1.4567

The third resistance (R3) 1.4570 -( 1.4552 - 1.4518 = 0.0034 x 2 = 0.0067 )= 1.4637
The second Resistance (R2) 1.4552 + 1.4570 - 1.4518 = 1.4604
First resistance (R1) 1.4552 x 2 = 2.9103 - 1.4518 = 1.4585
pivot points 1.4570 + 1.4518 + 1.4567 = 4.3655 / 3 = 1.4552
Support for the first (S1) 1.4552 x 2 = 2.9103 - 1.4570 = 1.4533
Support second (S2) 1.4552 -( 1.4570 - 1.4518 = 0.0052 ) = 1.4500
Third Support (S3) 1.4518 -( 1.4570 - 1.4552 = 0.0018 x 2 = 0.0037 )= 1.4481

[BURHANFX]

http://prntscr.com/3ynl1g
analysis for today 7 / 2 / 2014
EUR/CAD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.4569
Retracement (50%) 1.4579
retracement (61,8%) 1.4588

Extensions (61.8%) 1.4492
Extensions (100.0%) 1.4463
Extensions (138.2%) 1.4434
Extensions (161.8%) 1.4415
calculation based on a Fibonacci retracement then today I choose sell

[Emi]

http://prntscr.com/3ylahl
analysis for today 7 / 2 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURCAD on the date 7 / 1 / 2014
OPEN 1.4609
HIGH 1.4617
LOW 1.4540
CLOSED 1.4541

The third resistance (R3) 1.4617 -( 1.4566 - 1.4540 = 0.0026 x 2 = 0.0052 )= 1.4669
The second Resistance (R2) 1.4566 + 1.4617 - 1.4540 = 1.4643
First resistance (R1) 1.4566 x 2 = 2.9132 - 1.4540 = 1.4592
pivot points 1.4617 + 1.4540 + 1.4541 = 4.3698 / 3 = 1.4566
Support for the first (S1) 1.4566 x 2 = 2.9132 - 1.4617 = 1.4515
Support second (S2) 1.4566 -( 1.4617 - 1.4540 = 0.0077 ) = 1.4489
Third Support (S3) 1.4540 -( 1.4617 - 1.4566 = 0.0051 x 2 = 0.0102 )= 1.4438

[BURHANFX]

http://prntscr.com/3ybyw5
analysis for today 7 / 1 / 2014
EUR/CAD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.4574
Retracement (50%) 1.4583
retracement (61,8%) 1.4591

Extensions (61.8%) 1.4503
Extensions (100.0%) 1.4476
Extensions (138.2%) 1.4449
Extensions (161.8%) 1.4432
calculation based on a Fibonacci retracement then today I choose sell

[Emi]

http://prntscr.com/3y7w54
analysis for today 7 / 1 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURCAD on the date 5 / 30 / 2014
OPEN 1.4555
HIGH 1.4618
LOW 1.4547
CLOSED 1.4609

The third resistance (R3) 1.4618 -( 1.4591 - 1.4547 = 0.0044 x 2 = 0.0089 )= 1.4707
The second Resistance (R2) 1.4591 + 1.4618 - 1.4547 = 1.4662
First resistance (R1) 1.4591 x 2 = 2.9183 - 1.4547 = 1.4636
pivot points 1.4618 + 1.4547 + 1.4609 = 4.3774 / 3 = 1.4591
Support for the first (S1) 1.4591 x 2 = 2.9183 - 1.4618 = 1.4565
Support second (S2) 1.4591 -( 1.4618 - 1.4547 = 0.0071 ) = 1.4520
Third Support (S3) 1.4547 -( 1.4618 - 1.4591 = 0.0027 x 2 = 0.0053 )= 1.4494

[RaKalan]

EURCAD seems like a double bottom pattern already created in H4 chart so that price would be increase to 1.4637 for corrections and neutralize a strong bearish trend last week. However if it breakdown low 1.4541 then bearish continue rally again.