Eur/Cad

EUR/CAD fell to its lowest levels since April of 2017 on Monday, a day lacking in major economic news. The euro has been pressured by lackluster economic data, while Canadian dollar has been supported by rising oil prices.

The euro remained on the back foot against its major rivals on Monday amid enduring concerns over weak economic growth. Figures released last Wednesday showed that euro-area industrial production fell by 2.1%, the most in almost 4 years. German GDP also came in weaker than expected on Friday and reflected that the German economy stagnated at the end of 2019. The market now looks to the release of Tuesday’s German ZEW Economic Sentiment indicator for further clues to the health of the eurozone economy.

January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday,

Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade

Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI

So best of luck for the comferm trade .

However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.

EUR/CAD
1.4335-0.0008(-0.0571%)
15:15:49(GMT)|Real-Time Data, Quoted in CAD
Open
1.4343
Day's Range
1.4327 - 1.4371
Class
Currencies
Bid/Ask
1.4334/1.4335
Symbol
EURCAD
Subclass / Sector
Minor

Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.

Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.

Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.

Market trand sell.
pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
trade sell ki laga deni chahie ye humary lie kafi faidy mand sabit ho sakti
hai Good Luck.

trading signal today : Bullish

chart : H1 & H4 timeframe

traders ke liya zarori hai ke buy or support ko follow karen or market me buy yani nechey ki janab trade ko open kar lain sab. indicator market nechay ki janab he janay ka eshara day rahain hain. the market trend could remain in this position and I expected support resistance levels.use higher timeframe is very important because it always helps you to enter in the direction of current trend .

using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. to get consistent profits we must have a good strategy, many of the strategies we use but must match your trading style.

you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, good luck and doing trade like a boss

Forex Forecast with price level
EUR/CAD - pair in focus.
Current Price - 1.4310
main support level - 1.4297
main resistance level - 1.4324
Pair likely to be in Sell today.

Forex Forecast with price level
EUR/CAD - pair in focus.
Current Price - 1.4310
main support level - 1.4297
main resistance level - 1.4324