Pair still looking bullish as the most recent price action appears corrective around the top, likely a fourth wave triangle from where bullish break should occur in the near term, and send pair towards 1.44/45.
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Pair still looking bullish as the most recent price action appears corrective around the top, likely a fourth wave triangle from where bullish break should occur in the near term, and send pair towards 1.44/45.
Eur cad is showing bearish trend and it will go down for the day
Signal:- Sell
Support and resistance levels:-
S3 1.5146
S2 1.5175
S1 1.5193
R1 1.5222
R2 1.5234
R3 1.5263
EUR/CAD
Resistance and Supporting
Resistance 1 - 1.5018
Resistance 2 - 1.5024
Resistance 3 - 1.5029
Supporting 1 - 1.5002
Supporting 2 - 1.4997
Supporting 3 - 1.4993
Todays analysis for the pair Eur/cad.
The trend is showing a bullish movement for this pair.
Buy signal for the hourly time frame.
Support levels:-
S1 1.5146
S2 1.5175
S3 1.5193
Resistance levels:-
R1 1.5222
R2 1.5234
R3 1.5263
Short expect to support the couple in the zone around 1.3980. MA20 and MA50 bearish cross, MACD goes to negative territory and also signals the decline, RSI is still in the area of ultra-sales indicators are in favor of my forecast.
the pair and as we can see from the chart has closed it's daily candle above the level of 1.4200 , so , that's mean the up trend is still standing and the pair is heading to 1.4250 then 1.4300
I think EURCAD is trying to break the 1.2667 support level now. If the current candle on H4 time frame can close below 1.2667 level, I think and expect this pair will continue falling today and has a potential to reach the next support level at around 1.2607EURCAD has broken the 1.2727 resistance level and I think the up trend still strong enough. So, this pair may continue going up to the next resistance level at 1.2800. But if the current candle on H4 time frame can close below 1.2727 level, be careful because the rejection may happens.
Now the euro is observed good growth, we see that the candles on top of the larger, and rollbacks are not as big and the price is not time to roll back below .. and it turns out this trend steps ... so that is expected next week and can continue to grow with more volume and faster ... Goal 1. 2760 ...
Resistance level and Support level
current Eur / Cad is very good pair
eur / Cad live trading /1.5242
Resistance level 1/ 1.5247
Resistance level 2/ 1.5252
Resistance level 3 / 1.5257
Support level 1/ 1.5238
Support level 2/ 1.5235
Support level 3/ 1.5232
Daily analysis of the pair
today trend is: sell
Resistance level:
1- Resistance : 1.5241
2- Resistance : 1.5252
3- Resistance : 1.5265
Supporting level :
1- Supporting : 1.5224
2- Supporting : 1.5220
3- Supporting : 1.5215