Eur/Cad

EUR/CAD has pushed off the 1.4550 level on the lower timeframes as the EUR bounces back from a tough day on Tuesday.

On Tuesday the EUR/CAD fell 0.45% and against EUR/USD lost 0.47% of its value.

Pivot Point is 1.4586


Trend is SELL



@1 Resistance : 1.4586
@2 Resistance : 1.4537
@3 Resistance : 1.4561


@1 Supporting : 1.4559
@2 Supporting : 1.4535
@3 Supporting : 1.4508

Potential rebound Area... If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care! Cheers.
Cable is in an obvious BOUNCER market here, which is great! We are allowed to trade both short and long, inside the recognized range - as long as our TS has all of our trades are fully

Weekly trending upwards - Lagging span above cloud - Future cloud bullish

the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.

I recommend to take LONG position today

Market Pair

EUR/CAD : BUY

this pair start with a nice up rising move but at the end of the day it stalled at the high of the day

got some storng resistance there, maybe a minor pullback will happen next.......

buy at bounce again..

EUR/CAD

EUR (Euro)
Currency unit of Eurozone which includes 18 leading countries of Europe. The second world’s reserve currency after US dollar in order of importance.
Issued by: European Central Bank (ECB)
Price dynamics depends on the interest rates of ECB, inflation and growth rates of the region’s economy.

Eur/Cad

Resistance level
1.Resistance level 1.4580
2.Resistance level 1.4610
3.Resistance level 1.4645

Supporting level
1.Supporting level 1.4530
2.Supporting level 1.4500
3.Supporting level 1.4470

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
euro / canadian dollar
1.45917
cad
+0.00144 (+0.10%)
market open (dec 24 14:02 utc-5)
1.45773
prev
1.45773
open
86.65k
volume
1.45657 — 1.45957
days rang

Eur/Cad

EUR/CAD traded higher on Thursday, breaking back above the 1.4600 level. The rebound came after the rate hit support near 1.4567 on Wednesday, but still remains below the prior upside support (now turned into resistance) line drawn from the low of October 30th. As long as the rate continues to trade below that line, we would see decent chances for the bears to jump back into the action and drive the rate back down.