Eur/Cad

[jellybelly2017]

Eurcad es time jo es ky current price hai usko filhal to day 1 mein jo chance hein wo up jane ky hein bahtar yehe ho ga resistance aur support ko nazar mein rakh kar hi trade ky jaye




EURCAD trend is buy

Pivots Point: 1.52617


1 Resistance level is 1.53166
2 Resistance level is 1.53527
3 Resistance level is 1.53888


1 Supporting level is 1.52444
2 Supporting level is 1.52083
3 Supporting level is 1.51722

[Anii]

Today market trend is :sell

This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend

[RYK]

Till now the pair unable to breakout to the weekly resistance @1.4352.
so it is likly to falling down just to retest the trend line then Up movements will be expected after
brokeakout of the weekly resistance.

[Royal003]

Today's market trend: Sell

kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down

[Awais 656]

Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit

[jam11]

Open 22.997
Prev Close 17.683
52Wk High 17.802
Since
02/06/20
30.18%
52Wk Low 17.727
Since
01/30/20
27.37%
20-Day
Average
9.7922
200-Day
Average
17.8395

[Hassinali]

Overview: By looking at the daily chart we can see that pair is heading towards the north side after testing the 50% retracement line which is a strong key support level. The price action on the daily chart seems like no more selling sentiments in the pair and it’s time to buy the pair once again where bulls did their job already with a fabulous bounce is the eyewitness of their courage. Now it seems like bulls are approaching the recent swing’s high of 1.6000 level in near term.

In our previous report also we mentioned buying at 1.5300-05 level target is 1.5450 and 1.5600 level with the tight stop loss of 1.5140 level and our target has been achieved already. Well, it’s perfect time to enter with the buy position in the pair. The bears have become exhausted now as we can witness on the chart that bears are no more interested to move down and pair is now trying to head north side which is a recent development on the chart. The overall picture looks mildly bullish and updating the sign of buying.

Odds are in favor of bulls. Intraday bias remains bullish on the pair as long as 1.5400 level remains intact on a closing basis. The short term to intermediate picture is bullish. Short term to the intermediate-term trend is up so in an uptrend market, buy on dips will be a profitable strategy.

Technical Analysis: From a technical perspective we can see that a rounding bottom pattern is in the process of formation and bulls are approaching the previous high of 1.6000 level. The pair has bounced back from the 50% Fibonacci level which can’t be ignored and further upside rally is still on the cards. On 4 hourly chart an uptrend line is lying which is providing us a bullish signal for intraday point of view.

The RSI indicator is favoring the bulls from the positive territory whereas on the MACD indicator is also supporting the buyers on the 4 hourly chart which is a recent development. The 1.5440 is the key support level followed by 1.5330 where 1.5800 is key resistance level followed by 1.5950 level.

Trade idea: Based on chart and studies above, we can say that one can go for buy at 1.5580 level target is 1.5750 and 1.5950 level with the tight stop loss of 1.5400 level.

[sp1973]

This pair is showing BULLISH trend in H1 time frame .Short term traders
may BUY this pair and earn a good profit .
Forex factory are very important and can change the trading trend so keep
an eye on these news.
Money management is important.Impatience will give you huge loss.

[bossbaby]

Initial support at 1490 (Jun 27 low) followed by 1485 (76.4% retrace of 1462.45-1558.25). Initial resistance is now at 1526 (June 24 high) followed by 1523 (Jun 23 high).

[Destny03]

Market trand sell.
pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
trade sell ki laga deni chahie ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai Good Luck.