Eur/Cad

the pair surrenders grip on 1.3600 level
the pair technical cross has moved below the 1.3600 level today
having sunk on the publication of Canadian data during US trading

The pair intraday analysis at H4 using williams percentage range and moving average are showing the pair traded below the pivot level and still on bearish channel. Try to find good resistance and then set short order. Today SNR :
R3 : 1.3811
R2 : 1.3705
R1 : 1.3641
Pivot level : 1.3535
S1 : 1.3470
S2 : 1.3365
S3 : 1.3300

eur/cad market analysis by using : average directional movement index wilder(14) & average directional movement index(14)

adx wilder(14) level

style : 16.96
+di : 22.24
-di : 22.62

adx(21) levels

adx : 15.66
+di : 15.06
-di : 25.91

time : 0700
date : 12.07.2013
timeframe : 1 hour

Eur/cad analysis for 07.12.2013 by using pivot indicator.

r3: 1.38792
r2: 1.37949
r1: 1.36844

pivot: 1.36001

s1: 1.34896
s2: 1.34053
s3: 1.32948

time frame- H1
the rsi indicator is moving below the 50 level with giving us short signal. this is also rejected fromt he resistance at 1.3600 and moving down side but now it is at the strong support at 1.3520. if this level is break then price will falling continue and move to the 1.3460 level. short with the stop loss at 1.3570
good luck

elliott irregular flat correction up 1.3681 there are intial signs of good corrective recovery towards 1.3646 or even 1.3679 supports at 1.3547 and 1.3491
support and resistances
res2 1.3801
res1 1.3689
piovt 1.3603
sup1 1.3491
sup2 1.3405

http://charts.mql5.com/2/25/eurcad-d...orex-group.png


we can see in the 1d chart
the pair can close up the up trend line
i see the pair will go to up way to 1.3757
stochastic refers that the pair will go up
so our target buy from 1.3557 and our target will 200pips

Good luck

today i like to sell this pair @ 1.3576
my stop loss of the day @ 1.3612
half take profit for today @ 1.3556
and further half take profit @ 1.3518

eur/cad last day market analysis by using : average directional movement index wilder(14) & average directional movement index(14)

adx wilder(14) level

style : 14.48
+di : 21.84
-di : 14.65

adx(21) levels

adx : 15.17
+di : 17.18
-di : 12.80

time : 2300
date : 13.07.2013
timeframe : 1 hour

http://charts.mql5.com/2/30/eurcad-d...orex-group.png



we can see in the 1d chart
the pair can close up the up trend line
i see the pair will go to up way to 1.3785
stochastic refers that the pair will go up
so our target buy from 1.3585 and our target will 200pips

Good luck