Eur/Cad

Eur/cad analysis :

date : 10.21.14
time : 18:30 GMT
time frame : 15 min

current rate :1.4288
high : 1.4456
low : 1.4264
net change : -1.06%

overall trend : slightly bullish

The momentum indicator shows a clear cross on the EURCAD chart when the blue line heads below the red line to construct a very good selling signal for now On the Oracle Strength indicator a yellow color is shown and it is an indication for the bullish direction for the EURCAD pair.
The red color of the arrows can be a confirmation for the downward direction at the Oracle direction indicator.
As a result of the previous indicators the Bearish trend would be appeared as the sell cross of the momentum indicator appears on the chart and the sell trades advised to be taken as the ATR indicator still showing a sell signals.
http://bigimage.cz/photos/20141017141349897199953.gif .

On our EURCAD pair today we can see that the price is taking a downward direction and that’s due to the red dots above the candles if the price kept its position lower than the strong resistance 1.4548 which happens to be a weekly pivot level then I can assume that price would be taking a south direction till it reaches the weekly pivot support 1.4178 .
On the other hand if the price penetrated the resistance at the level 1.4548 and blue dots appeared indicating bullish signals then I can assume that the price will be taking a north direction till it reaches the resistance of the level 1.4707 of the next Pivot level.
http://bigimage.cz/photos/20010103978482273534135.gif .

The price hits the lower level of donchin channel on the EURCAD chart to perform a probably of bullish trend start by today As you can see the price is actually moving at bullish trend because of the up channel for today About the Awesome oscillator there are a bullish sign by having a green colored bars located below the 0 th level A quick look to the stostatic can inform you by a sell signal as the price near the level of 20 and there is a bearish cross between the two lines As a result of the previous signals I can bet on the bullish side by taking a buy trades wishing that the price reach the high edge of Donchin level which can be used as a good area for closing buy trades in profit http://bigimage.cz/photos/20010103978478812192505.gif

According to the analysis made upon the EURCAD chart today I do notice that a strong bearish trend is taking place based on the oscillator which is now at 0.0019 area located below the balance level while at the same time the indicator is giving us a red signal which makes a strong indication that a bearish direction is taking place on the short term. The moving average 5 on the chart giving us a down slope the top located at the price 1.4266 could be considered a good stop loss for if there were sell orders indicated by the indicators we are using. http://imagez.me/photos/20141021141393192214740.gif

on the EURCAD one hour chart you can see a red arrow which indicates a bearish trend for now which has a top supporting it at 1.445 also it can be used as a strong resistance as the price shouldn't go above it the trend still as a bearish trend.
And the dots of the parabolic sar indicator located above the candles and that sign for the price to go down In case of there are selling trades are taking place then i think that the 1.4255 is a good place to close a part from your opening trades because the price has a good chance to go up after hitting it http://bigimage.cz/photos/20010103978483618164376.gif .

The price hits the lower level of donchin channel on the EURCAD chart to perform a probably of bullish trend start by today As you can see the price is actually moving at bullish trend because of the up channel for today About the Awesome oscillator there are a bullish sign by having a green colored bars located below the 0 th level A quick look to the stostatic can inform you by a sell signal as the price near the level of 20 and there is a bearish cross between the two lines As a result of the previous signals I can bet on the bullish side by taking a buy trades wishing that the price reach the high edge of Donchin level which can be used as a good area for closing buy trades in profit http://bigimage.cz/photos/20010103978478812192505.gif

Eur/cad analysis :

date : 10.22.14
time : 03:00 GMT
time frame : 15 min

current rate :1.4276
high : 1.4281
low : 1.4265
net change : 0.05%

overall trend : slightly bullish.

On the EURCAD chart the price in now having a bullish trend and the indication for that is the up blue arrow below the price also you can find the buy cross between the snake and T3_clean on the 1H chart We have some levels that could effect on the direction like the resistance level at 1.445 which can be a good level to claim profits or to keep on your buying trades but in case of breaking it up and you can use the support level of 1.4255 as a stop loss Unless there is an opposite sell cross occurs or a red down arrow occurs then buying is the most right decision for the current time http://bigimage.cz/photos/20010103978491684205526.gif .

According to the EURCAD hourly chart in front of us we can see that there is a Bearish channel taking place in addition to that the Red colored moving average is currently taking a down direction for the current period.
The prices where the market opened today got Lower values than the daily pivot's point which is located at 1.4326 taking that data we collected so far I do think that the price may keep heading down until it reaches the first daily pivot support which is located at the price 1.4263 that of course if the WPR indicator didn't show any opposite signal which is upward in this case.
If the target got reached selling to 1.4201 which in this case could be considered as the next support for the price to reach before the end of the day.
http://bigimage.cz/photos/20010103978494357195194.gif