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my opinion about this pair. Eurcad
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
Last to last week eurcad kafi strongly uptrend me chal raah tha
lekin last kuch dino se iska downtrend start hua jo ki isse kaafi neeche tak leke aaya tha
Isne kafi support break kiye aur lagatar neeche girta raha..filhal ye 1.3740 ke pas hai ayr yaha pe iska 1 support bhi hai..mere khayal se yaha pe aake ye thdoa stable ho ajyeag
Today's my technical over view of the market for the trend of this pairs Eur/Cad
according to market technical analysis the market have sell trend
the market trend could remain in this position
expected resistance and support levels
market price ----------1.4442
The resistance level as under.
1- Resistance level----------1.4480
2- Resistance level----------1.4510
3- Resistance level----------1.4570
The supporting level is as under.
1- Support level-------------1.4390
2- Support level-------------1.4320
3- Support level-------------1.4310
Eur/Cad Analysis:
Trend: Bullish
Moving average; Buy
Pivot Point :::> 1.4388
S 1 :::> 1.4382
S 2 :::> 1.4364
S 3 :::> 1.4336
R 1 :::> 1.4397
R 2 :::> 1.4414
R 3 :::> 1.4442
Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading.
The support and resistance level educate us for markit trading up or down so we can trade sell or buy and get huge benefit in trading.
It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline.
1.3920 pe is paior ka 1 support lagta hai
shyd ye is support ko na tod paaye
agar enxt 4 hour candel is value to nahi todti to isko yaah se buy kiya ja sakta hai
EURCAD Trend is buy
1 Resistance is: 1.4867
2 Resistance is: 1.4763
3 Resistance is: 1.4709
1 Supporting is: 1.4652
2 Supporting is: 1.4594
3 Supporting is: 1.4546
Forex forum is the most important and good trading forum for investing and trading in the world. We can use this forum to earning huge profits by using good stratgy and indicators. We have also follow the seniors traders policy and trading stratgy to earn good profit. I have use some good indicators to earn good profit. These indicators are
RSI and zigzag
predictions for the day.
trading is risky if no analysis is done
EUR/CAD - is the currency pair we will be focusing on
major low levels also known as supports 1.4416
major high levels also known as resistance - 1.4451