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--Today's technical analysis,
Current rate of pair is 1.5478 and market has bullish trend from the series of last few days.
--Trade Signal is "BUY"
--Resistance Levels.
1). 1.5487
2). 1.5499
3). 1.5609
--Support Levels.
1). 1.5480
2). 1.5472
3). 1.5464
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Eur/Cad today's technical analysis is Bearish
1. Resistance Level:1.5497
2. Resistance Level:1.5519
3. Resistance Level: 1.5539
1. Supporting Level: 1.5463
2. Supporting Level: 1.5446
3. Supporting Level: 1.5432
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Eur cad is bearish for hourly chart
Sell signal
Support levels:-
S1 1.544
S2 1.5462
S3 1.5471
Resistance levels:-
R1 1.5493
R2 1.5506
R3 1.5528
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In the M30 time frame the down movement is hold at the 1.2994 and price move to the pivot point side at 1.3033. at the time macd indicator is try to give us long trend signal. we can long this pair if it is break the resistance at 1.3040 with the target at 1.3100
I wanted to share a little about my daily life in the trade, this time about the pair Eur/Cad.
I Buy Stop 1.4438
by SL: s2
do not forget to take profit at pivot
Info:
Support 1: 1.3016
Support 2: 1.2987
Support 3: 1.2966
pivot: 1.3033
Resistant 1: 1.3061
Resistant 2: 1.3078
Resistant 3: 1.3104
All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.
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According to me eur cad will sell more and you can have sell trade on this pair
Support and Resistance levels:-
S3 1.546
S2 1.5472
S1 1.5477
R1 1.549
R2 1.5497
R3 1.5509
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Eur/Cad over all trend is bearish
1. Resistance Level:1.5495
2. Resistance Level:1.5523
3. Resistance Level: 1.5534
1. Supporting Level: 1.5460
2. Supporting Level: 1.5442
3. Supporting Level: 1.5429
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In the M30 time frame the price is not able to break the last high. now the price is rejected from the pivot point and resistance at 1.3025. macd indicator is also move at the zero level. it is making a hammer candlestick pattern. we can short this pair with the target at 1.2975
Eur/cad analysis for 04.03.2013 by using pivot indicator.
r3: 1.3156
r2: 1.3118
r1: 1.3062
pivot: 1.3024
s1: 1.2968
s2: 1.2930
s3: 1.2874
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Today technical analysis of the Eur/Cad trend is bearish
Resistance and supporting level is:
Resistance level first: 1.5520
Resistance level 2nd : 1.5540
Resistance level 3rd: 1.5560
Supporting level first: 1.5490
Supporting level 2nd: 1.5480
Supporting level 3rd: 1.5470
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With my prediction of several indicators for the technical analysis of currency pairs EURCAD on the market today are at the 1.5425 support level then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 1.5510 positions. You put a stop loss at 1.5423 positions
The indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 1.5495
Resistent2 = 1.5507
Resistent3 = 1.5520
Support 1 = 1.5425
Support 2 = 1.5412
Support 3 = 1.5400
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Today technical analysis of the Eur/Cad trend is bearish
Resistance and supporting level is:
Resistance level first: 1.5530
Resistance level 2nd : 1.5551
Resistance level 3rd: 1.5570
Supporting level first: 1.5499
Supporting level 2nd: 1.5487
Supporting level 3rd: 1.5475