Eur/Cad

elliott elongated flat correction down 1.3629 it should try higher up to 1.3722 - 1.3738 entry point 1.3707 or 1.3692 after this rise qa correction is expected
support and resistances
res2 1.3767
res1 1.3738
piovt 1.3707
sup1 1.3677
sup2 1.3614

Daily pivot Fibonacci points: Resistance levels: R1: 1.3740 R2: 1.3755 R3: 1.3789 Support levels: S1: 1.3698 S2: 1.3678 S3: 1.3651

eur/cad technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 14.08.13


timeframe : 1 hour
time : 0900
market trand : down

adx wilder(14) level

style : 15.25
+di : 26.66
-di : 14.42

adx(14) level

adx : 37.22
+di : 29.61
-di : 8.11

The following data is predicted based on indicators that we use for the currency pair EURCAD today, for today's resistance levels as follows: RI (1.3759) R II (1.3783) R III (1.3814). and to this day support levels as follows: SI (1.3687) S II (1.3656) S IIII (1.3626)
recommendation:
place your sell stop at 1.3697 target profit at 1.3677. (Seller zones)
place your buy stop at 1.3737 profit target at 1.3757 (buyer zone)

I don't use this pair for trading . Mostly I use two trading pairs which are, EUR/USD, and GOLD.
It is very nice and profitable pairs.

today i like to sell this pair @ 1.3727
my stop loss of the day @ 1.3753
half take profit for today @ 1.3707
and further half take profit @ 1.3684

Due to the fact that the pair EUR / CAD trade is conducted between the moving averages lines 50 and 100. Additional indicator above the zero line with the indication on the rise and the main indicator gives a buy signal, and intends to uphold the bulls buy at a penetration linii1.37361 to the resistance line 1.37782 stop loss set at the line of support 1.37190.

the pair trade down the down trend in 1h chart

stochastic refers to down way

so the pair will continue to down way
http://www7.0zz0.com/2013/08/14/13/620018913.png

Hi,,








in the chart 4h we can see the pair will go to down way in the future
I see the pair will go to 1.6300
I expect from this analyze that the price will go to down way
so sell from 1.6394 to 1.6300
good luck

A pair of EURCAD on the hourly chart until two options, the first to rise from the current level of 1.3760, and then roll back the increase to the level of 1.3810., The second version of the reduction to the level of 1.3680 on rollback and reduced to the level of 1.3620, while growth after a strong decline is preferred for achieving the top level will sell.