Now The pair is testing the lower limit of the bullish channel and the support level 1.3530.
We need to see this level broken in order to resume the downside movement and take further targets.
The next support level to be targetted will be 1.3450.
Printable View
Now The pair is testing the lower limit of the bullish channel and the support level 1.3530.
We need to see this level broken in order to resume the downside movement and take further targets.
The next support level to be targetted will be 1.3450.
Recently eur/cad rate is 1.49398
In my observation today the best sell point will be 1.49205
and today the most profitable buy point will be 1.49458
you will earn more money if you will follow my views because
i have posted this after checking the market clearly all the best my friends.
my all best wishes are with you
in the chart we can see 1.3908 - 1.3828 is strong support and resistance zone.
we can put order accourding to breaking zone.
if its break lower price zone it may be touch trend line if its break uper price then it will be up till 1.4000
although the trend h4 in the opposite trend d1, we just follow the trend in h4, because canlde formed clearly UP and has appeared a green marbels. and I put a BUY LIMIT at 1.3938 (SMA5 Low H4).
simply plug one, because I am also still unsure of the trend is formed.
elliott correction zigzag 1.3179 currectfall is near an end of wave around 1.3206 zone arally should then procede to above 1.3275 fall below 1.3174 would cancel this scenario
support and resistances
res2 1.3312
res1 13275
pivot 1.3243
sup1 1.3206
sup2 1.3174
technical analysis of Eur/cad is buy
1. Resistance Level:1.4940
2. Resistance Level:1.4951
3. Resistance Level: 1.4962
1. Supporting Level: 1.4924
2. Supporting Level: 1.4913
3. Supporting Level: 1.4902
Technical analysis of Eur/Cad is sell
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1.4945
2> Resistance level is: 1.4956
3> Resistance level is: 1.4967
Supporting level is
1> Supporting level is: 1.4916
2> Supporting level is: 1.4905
3> Supporting level is: 1.4894
once in the prediction of several indicators for the technical analysis of currency pairs EURCAD on the market today at 1.4968 the resistent level , then I recommend you to do the open position SELL with some criteria such as the following. You put a take profit at 1.4883 positions. You put a stop loss at 1.4967 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 1.4968
Resistent2 = 1.4980
Resistent3 = 1.4993
Support 1 = 1.4898
Support 2 = 1.4885
Support 3 = 1.4873
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
Today technical analysis of Eur/cad is sell
Resistance and supporting level is:
Resistance level first:1.4948
Resistance level 2nd : 1.4959
Resistance level 3rd: 1.4969
Supporting level first: 1.4922
Supporting level 2nd: 1.4910
Supporting level 3rd:1.4900
currency of Eur/Cad is bearish
Resistance level is:
1- Resistance level is:1.4946
2- Resistance level is: 1.4958
3- Resistance level is: 1.4969
Supporting level is:
1- Supporting level is: 1.4923
2- Supporting level is: 1.4913
3- Supporting level is: 1.4902