EUR/CAD
my analysis on eur/cad....
Showing rejection on 4 hr. Correction my occur here to the 50 or 61.8 level.
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EUR/CAD
my analysis on eur/cad....
Showing rejection on 4 hr. Correction my occur here to the 50 or 61.8 level.
“We are recommending a long EUR/CAD trade idea to reflect building downside risks for CAD. The price of oil has come renewed selling pressure following reports that OPEC+ talks are on the verge of collapse. Russia does not agree with the OPEC proposal for deeper cuts. It reinforces downside risks for the price of oil from demand disruption related to the coronavirus shock.”
“The BoC followed the Fed and delivered a 0.50 point rate cut and left the door wide open for further easing. The BoC has more room to cut rates than other G10 central banks posing downside risks for the CAD. On the other hand, the EUR is expected to benefit further from the liquidation of funding positions amidst elevated coronavirus fears. There is also upside risk for the EUR if the ECB fails to meet expectations for easing in the week ahead. Unlike the Fed and BoC, the ECB has less room for manoeuver.”
i express my opinion about this pair..
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.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side
Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:SELL = (3)dEMARKER :SELL
2)Fractals :SELL = (4)Evelopes :SELL
eur/cad
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing.
All technical and fandamantal follow the SELLing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
Eurcad
euro / canadian dollar
1.51501
cad
+0.00791 (+0.52%)
market closed (mar 06 16:58 utc-5)
1.50710
prev
1.50710
open
631.105k
volume
1.50159 — 1.52458
day's range
Analysis of the pair on the 4 hours chart
I see the pair above 23.6 Fibonacci I see that the pair climb to the 1.3120 level
Indicators tend to rise and I would recommend buying from 1.3166 and target 44 points
On our EURCAD pair today we can see that the price is taking a upward direction and that�s due to the blue dots below the candles if the price kept its position higher than the strong support 1.3788 which happens to be a weekly pivot level then I can assume that price would be taking a north direction till it reaches the weekly pivot resistance 1.4149 .
On the other hand if the price penetrated the support at the level 1.3788 and red dots appeared indicating bearish signals then I can assume that the price will be taking a south direction till it reaches the support of the level 1.3665 of the next Pivot level.
Market analisis treand !
Slowly I start to add some mid-term (weeks, months) trading & investment opportunities into my TradingView account. The first one which looks technically pretty nice is .
Pretty soon you can start building your long position on and it starts from the round number Obviously, do your own research, read fundamentals and etc.
Technical...
A.o.A
Analysis of the dollar against the Turkish lira its trades in a good downward trend supported by breaking the upward trend line that occurred during yesterday trades as the 6.3382.
Area was broken on the 60 minute interval.
The simple moving average is currently 20 as resisitent area for the husband .
Friends forex is the best plate form for online job and trading .