Technical trend of Eur/Cad is buy trend
Pivot Point is : 1.5034
strong supporting level
1> resistance:1.5072
2> resistance:1.5087
3> resistance:1.5098
strong resistance level
1>support :1.5045
2>support : 1.5032
3>support :1.5018
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Technical trend of Eur/Cad is buy trend
Pivot Point is : 1.5034
strong supporting level
1> resistance:1.5072
2> resistance:1.5087
3> resistance:1.5098
strong resistance level
1>support :1.5045
2>support : 1.5032
3>support :1.5018
eur/cad
pivot point :1.5070
volume Oscillator:buy
Resistance level of this pair is:
1# Resistance is: 1.5090
2# Resistance is: 1.5110
3# Resistance is: 1.5130
Supporting level of this pair is :
1# Supporting is: 1.5050
2# Supporting is: 1.5030
3# Supporting is: 1.5000
Eur cad is showing bullish trend.
Its recommend to take a buy trade on this pair.
Don't risk your money and maintain lot size.
Happy trading.
Analysis of the pair EURCAD
WEEKLY trend is showing a BEARISH moment for the pair.
Support levels for the pair is:
Support1: 1.4974
Support2: 1.5004
Support3: 1.5022
Resistance levels for the pair is:
Resistance1: 1.5071
Resistance2: 1.5102
Resistance3: 1.5120
the candle of frame 4 hours closed at 1.4048 and above price 1.3973 this price for moving average 200 that means that in my opinion the pair go to testing this price and go downward .
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..
pivot point; 1.5035
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is: 1.5071
2> Resistance level is: 1.5096
3> Resistance level is: 1.5132
Supporting level is
1> Supporting level is: 1.5011
2> Supporting level is: 1.4974
3> Supporting level is: 1.4950
The entire pattern is now invalidated, price breaking the low of the original bullish engulfing bar. This was a full loss for me today.
The current targets to the downside are 1.3571, followed at a bigger distance by 1.3380. I suspect it is the second one, 1.3380, that will attract the price more, since there have been multiple reactions in the past around that support.
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.
EurCad technical analysis by using : Auto pivot indicator.
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 below 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.
resistance level 1 : 1.5136
resistance level 2 : 1.5099
resistance level 3 : 1.5065
pivot point : 1.5028
support level 1 : 1.4994
support level 2 : 1.4957
support level 3 : 1.4923