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
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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
Last to last week eurcad kafi strongly uptrend me chal raah tha
lekin last kuch dino se iska downtrend start hua jo ki isse kaafi neeche tak leke aaya tha
Isne kafi support break kiye aur lagatar neeche girta raha..filhal ye 1.3740 ke pas hai ayr yaha pe iska 1 support bhi hai..mere khayal se yaha pe aake ye thdoa stable ho ajyeag
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 ...
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
After formed pinbar in tf m30 price up strong until break daily ressistance 1 level (1.2680). Price still have chance to rise because there is a positif sentiment and weakness pressure for price. level weekly pivot (1.2721) will become next level that can touch price if its continue move up.
Last to last week eurcad kafi strongly uptrend me chal raah tha
lekin last kuch dino se iska downtrend start hua jo ki isse kaafi neeche tak leke aaya tha
Isne kafi support break kiye aur lagatar neeche girta raha..filhal ye 1.3740 ke pas hai ayr yaha pe iska 1 support bhi hai..mere khayal se yaha pe aake ye thdoa stable ho ajyeag
सभी दोस्तों को शुभ दिन! इस मुद्रा जोड़ी के लिए, आज ट्रेडिंग के लिए, हम चैनल को 1.50700 से 1.51670 तक लेते हैं! फिलहाल, मुद्रा जोड़ी का चार्ट ट्रेडिंग चैनल के निचले भाग में है, औसत चैनल स्तर 1.51210 से नीचे और पावर स्तर 1.51300 से नीचे है! अब इस जोड़ी का चार्ट 1.51030 के निचले स्तर तक गिरते हुए 1.51030 के क्षेत्र में भालू के स्तर तक पहुँच गया है! यदि हम 1.51350 की कीमत पर स्थिति को ठीक करते हैं, तो चलो 1.51600 के स्तर पर और चैनल के शीर्ष पर जाएं! सभी सफल ट्रेडिंग और लाभ!
EURCAD next week
Elliott: support in a triangle up 1.2808
Current rise seems to be over near 1.2940 or 1.3038 for a retracement towards 1.2842 - 1.2789 area.
Warning: End of trend
Technical points
Key point 1.3066
Entry point 1.2839
Elliott 1.2576
Closing 1.2932
Projection 1.3093
Trendline 1.2647
Trendline 1.2717
Supports / Resistances
Res 2 1.3144
Ex-High 1.2948
Res 1 1.3038
Pivot 1.2842
Sup 1 1.2736
Ex-Low 1.2647
Sup 2 1.2541
i think that we should sell EURCAD as we have a resistance level on the daily chart @50% so i predict that this pair will move downward on the short term our target point will be@38.2%.
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Today eur/cad rate is 1.50688
In my observation the profitable next selling point will be 1.50502
and by my mind the profitable next buy point will be 1.50702
You will earn more money if you will follow my views because
i have posted this after checking the routine of the chart clearly
good luck