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Until eventually today the match not able to breakout towards regular opposition @1. 4352.
so it's lily to be able to plummeting lower only to retest the pattern collection after that In place movements will probably be anticipated following
breakout with the regular opposition. Eur cad match has demonstrated excellent signal regarding uptrend..
it offers a substantial opposition at 1. 4000
If this match passes across this value, i then believe it is going to hint 1. 4100 without the dilemma.
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waw 50 and 100-day moving averages seems likely over the next 24-hours as the euro continues to come off.
Although the pair did break above our topside barriers later in the week, a move back within our levels sees the scalp setup intact
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in the h1 time frame the price is supported at the lower side at 1.3287 it is not able to break this support level and break the upper side resistance at 1.3333
now stoch and cci are also move out from overbought area. we can short this pair with breaking the lower support at 1.3280
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Eur/cad analysis for 03.15.2013 by using pivot indicator.
r3: 1.3414
r2: 1.3371
r1: 1.3331
pivot: 1.3288
s1: 1.3248
s2: 1.3205
s3: 1.3165
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euru and cad is best hi likan me ye kehtaa ho k jpy usd me trading sb se behtar hi mere nazdeek ho skta hi ap
es se agree nahi karean lekan me to en do kuransses pr trading krta ho
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elliott elongated flat correction down 1.3212
market should hold major support at 1.3212 befor rising towards 1.3333 or 1.3375 limt
technical points
key point 1.3267 - entry point 1.3291 - closing 1.3292 - project 1.3196
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Eur/cad technical analysis by using moving averages.
date : 03.15.2013
time : 0900 GMT
time frame : 15 min
sma200 : 1.3313 signal- sell.
sma100 : 1.3300 signal- sell.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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