Eur/Cad

Eur/cad ,22/7/2013

जोड़ी की कमी दिशा : स्थिर .


आज के लिए अपेक्षित लक्ष्य: 1,357 - 1,354

The pair intraday analysis at H1 using williams percentage range and moving average are showing the pair on bearish trend. It may continue today if the price still traded below the pivot level. Try to find good resistance and set Short order on it. Today SNR :
R3 : 1.3687
R2 : 1.3673
R1 : 1.3638
Pivot level : 1.3607
S1 : 1.3575
S2 : 1.3551
S3 : 1.3523

dear brother in my opinion 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 afte brokeakout of the weekly resistance....

eur/cad market analysis by using : average directional movement

index wilder(14) & average directional movement index(14)

adx wilder(14) level

style : 16.18
+di : 25.38
-di : 9.52

adx(14) levels

adx : 32.21
+di : 17.59
-di : 7.30

time : 1100
date : 24.07.2013
timeframe : 1 hour

Eur/cad pivot levels for 24.07.2013 by using fibonacci pivot indicator.

resistant 1:1.3665
resistant 2:1.3644
resistant 3:1.3630

pivot point :1.3608

support 1:1.3587
support 2:1.3573
support 3:1.3551

today price seen goin up and break pivot area and ma line.. i think price will back on the trend which bullish is still as a major.. sounds good to buy this pair and i think price will towards resistance 2 1.3655 and good to put tp there..

Spoiler:

http://i1345.photobucket.com/albums/...pse553ad26.jpg

EUR / CAD broke today on the growth of monthly resistance level 1.3639, but failed to gain a foothold above the price rebounded. This rebound seen as a signal to reduce, and may enter an order to set down with a short stop above the 200-th moving average. The expected downward objective 1.3545.

http://charts.mql5.com/2/110/eurcad-...orex-group.png


we can see in the 1d chart
the pair trading down the 38.2
I see the pair will go to down way to 1.3479
macd refers that the pair will go down
so our target sell from 1.3615 and our target will 130pips

Good luck

time frame- H1
the price is rejected from the 1.3640 but it is hold at the daily support 1.3577. the up movement of the price is rejected from the 1.3630 and again turn to the down trend side. this will be break the support at 1.3577 and move to the 1.3550. short this pair with the stop loss at 1.3650
good luck

how are you

we can see in the 4h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 1.3518
rsi refers that the pair will go down
so our target sell from 1.3601 and our target will 82pips


http://charts.mql5.com/2/111/eurcad-...orex-group.png

---------- Post added at 06:34 PM ---------- Previous post was at 05:43 PM ----------

hi

we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 1.3715
rsi refers that the pair will go up
so our target buy from 1.3615 and our target will 100pips

http://charts.mql5.com/2/111/eurcad-...ex-group-2.png

:woo::happy: