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http://prntscr.com/49t4qg
analysis for today 8 / 5 / 2014
EUR/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.4661
Retracement (50%) 1.4656
retracement (61,8%) 1.4650
Extensions (61.8%) 1.4704
Extensions (100.0%) 1.4720
Extensions (138.2%) 1.4736
Extensions (161.8%) 1.4747
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/4a02xu
analysis for today 8 / 6 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURCAD on the date 8 / 5 / 2014
OPEN 1.4637
HIGH 1.4674
LOW 1.4622
CLOSED 1.4660
The third resistance (R3) 1.4674 -( 1.4652 - 1.4622 = 0.0030 x 2 = 0.0060 )= 1.4734
The second Resistance (R2) 1.4652 + 1.4674 - 1.4622 = 1.4704
First resistance (R1) 1.4652 x 2 = 2.9304 - 1.4622 = 1.4682
pivot points 1.4674 + 1.4622 + 1.4660 = 4.3956 / 3 = 1.4652
Support for the first (S1) 1.4652 x 2 = 2.9304 - 1.4674 = 1.4630
Support second (S2) 1.4652 -( 1.4674 - 1.4622 = 0.0052 ) = 1.4600
Third Support (S3) 1.4622 -( 1.4674 - 1.4652 = 0.0022 x 2 = 0.0044 )= 1.4578
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http://prntscr.com/4a553w
analysis for today 8 / 6 / 2014
EUR/CAD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.4642
Retracement (50%) 1.4648
retracement (61,8%) 1.4654
Extensions (61.8%) 1.4590
Extensions (100.0%) 1.4570
Extensions (138.2%) 1.4550
Extensions (161.8%) 1.4538
calculation based on a Fibonacci retracement then today I choose sell
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http://prntscr.com/4ac1hn
analysis for today 8 / 7 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURCAD on the date 8 / 6 / 2014
OPEN 1.4661
HIGH 1.4671
LOW 1.4587
CLOSED 1.4607
The third resistance (R3) 1.4671 -( 1.4622 - 1.4587 = 0.0035 x 2 = 0.0069 )= 1.4740
The second Resistance (R2) 1.4622 + 1.4671 - 1.4587 = 1.4706
First resistance (R1) 1.4622 x 2 = 2.9243 - 1.4587 = 1.4656
pivot points 1.4671 + 1.4587 + 1.4607 = 4.3865 / 3 = 1.4622
Support for the first (S1) 1.4622 x 2 = 2.9243 - 1.4671 = 1.4572
Support second (S2) 1.4622 -( 1.4671 - 1.4587 = 0.0084 ) = 1.4538
Third Support (S3) 1.4587 -( 1.4671 - 1.4622 = 0.0049 x 2 = 0.0099 )= 1.4488
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http://prntscr.com/4adrks
analysis for today 8 / 7 / 2014
EUR/CAD
Resistance : R1 1.4680 R2 1.4705 R3 1.4725 R4 1.4755
Support : S1 1.4548 S2 1.4523 S3 1.4503 S4 1.4473
Open : 1.4608
High : 1.4623
Low : 1.4605
Range : 18 Pips
Running Price : 1.4622
Strategy : SELL at the level 1.4622 stop loss at the level 1.4680 target take profit at the level 1.4503 or at the level 1.4473
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http://prntscr.com/4agwqe
analysis for today 8 / 7 / 2014
EUR/CAD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.4619
Retracement (50%) 1.4629
retracement (61,8%) 1.4639
Extensions (61.8%) 1.4535
Extensions (100.0%) 1.4503
Extensions (138.2%) 1.4471
Extensions (161.8%) 1.4451
calculation based on a Fibonacci retracement then today I choose sell
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The price have break the resistance at 1.4586 and now it is trying to retest it. I think that wee should put a sell limit at 1.4586 ordre with take profit at 1.4557 and stop loss at 1.4592.
http://i.imgur.com/N09iF7L.png
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http://prntscr.com/4anzud
analysis for today 8 / 8 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURCAD on the date 8 / 7 / 2014
OPEN 1.4608
HIGH 1.4631
LOW 1.4558
CLOSED 1.4600
The third resistance (R3) 1.4631 -( 1.4596 - 1.4558 = 0.0038 x 2 = 0.0077 )= 1.4708
The second Resistance (R2) 1.4596 + 1.4631 - 1.4558 = 1.4669
First resistance (R1) 1.4596 x 2 = 2.9193 - 1.4558 = 1.4635
pivot points 1.4631 + 1.4558 + 1.4600 = 4.3789 / 3 = 1.4596
Support for the first (S1) 1.4596 x 2 = 2.9193 - 1.4631 = 1.4562
Support second (S2) 1.4596 -( 1.4631 - 1.4558 = 0.0073 ) = 1.4523
Third Support (S3) 1.4558 -( 1.4631 - 1.4596 = 0.0035 x 2 = 0.0069 )= 1.4489
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http://prntscr.com/4adrks
analysis for today 8 / 8 / 2014
EUR/CAD
Resistance : R1 1.4661 R2 1.4686 R3 1.4706 R4 1.4736
Support : S1 1.4565 S2 1.4540 S3 1.4520 S4 1.4490
Open : 1.4599
High : 1.4640
Low : 1.4586
Range : 54 Pips
Running Price : 1.4629
Strategy : SELL at the level 1.4629 stop loss at the level 1.4661 target take profit at the level 1.4520 or at the level 1.4490
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http://prntscr.com/4asmq2
analysis for today 8 / 8 / 2014
EUR/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.4603
Retracement (50%) 1.4595
retracement (61,8%) 1.4586
Extensions (61.8%) 1.4676
Extensions (100.0%) 1.4704
Extensions (138.2%) 1.4732
Extensions (161.8%) 1.4749
calculation based on a Fibonacci retracement then today I choose buy