Thread: Eur/Cad
Trendline Breakout and Bullish Gartley worked as predicted. President Donald Trump on Friday said he would remove metal tariffs on Canada and Mexico. CAD gains weight. I will publish a detailed forecast later. Levels and Trade Opportunities as described on the chart.
1 Resistance is. 1.5010
2 Resistance is. 1.5030
3 Resistance is. 1.5050
1 Supporting is. 1.4970
2 Supporting is. 1.4955
3 Supporting is. 1.4931
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attarehman05 (2019-05-20), JF2019 (2019-05-20), QamarXulqi (2019-05-20)
Results of analysis of using daily pivot point calculations for EURCAD
I see this pair still in strong bullish movement . If this pair can resistance level at 1.4953 I predict this pair will go up to the next resistance level at 1.4903 But if this pair go down and break support level at 1.5004 I predict this pair will make some correction to the next support level at around 1.5054. Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with and take profit at 1.4902 and put StopLoss at 1.4988
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation. my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
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attarehman05 (2019-05-20), irmafuad (2019-05-22), ismar (2019-05-20), JamesX9 (2019-05-20), jellybelly2017 (2019-05-20), mansurep (2019-05-20), siqidir (2019-05-21), yulbang111 (2019-05-21), yuyul (2019-05-20)
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.
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attarehman05 (2019-05-20), jellybelly2017 (2019-05-20)
on the short term charts, the EURCAD is currently trading near a resistance level where it could retrace back and continue its downward movement, this would be its first line of defense: 1.4051. The second one is at 1.4109. As long as the EURCAD keeps trading below these two short term resistance levels, I�d be looking for short opportunities:
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attarehman05 (2019-05-20), JamesX9 (2019-05-20), jellybelly2017 (2019-05-20), m148 (2019-05-20)
we can see that the price is taking a
upward direction and that�s due to the
blue dots below the candles if the price kept its position higher than the strong support 1.3787 which happens to be a weekly pivot levels.
then I can assume that price would be taking a north direction till it reaches the weekly pivot resistance 1.4150.
Good luck today....
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attarehman05 (2019-05-20), jellybelly2017 (2019-05-20), m148 (2019-05-20), Moon22 (2019-05-20)
EURCAD Analysis today
Market Buying
PIVOT POINT 1.5036
S1 ) 1.4968
S2 ) 1.4932
S3 ) 1.4864
R1 ) 1.5073
R2 ) 1.5042
R3 ) 1.5084
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attarehman05 (2019-05-20), jellybelly2017 (2019-05-20), JF2019 (2019-05-20), m148 (2019-05-20), Moon22 (2019-05-20), QamarXulqi (2019-05-20)
Technical analysis of eur/cad
Today bearish trend.
Pivot Point. 1.5038
Current Price. 1.4982
1. Resistance level is. 1.5010
2. Resistance level is. 1.5030
3. Resistance level is. 1.5050
1. Supporting level is. 1.4970
2. Supporting level is. 1.4950
3. Supporting level is. 1.4930
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attarehman05 (2019-05-20), Ayfy (2019-05-20), JamesX9 (2019-05-20), jellybelly2017 (2019-05-20), Moon22 (2019-05-20)
Eur/Cad
Market analysis about trading
Today market trend:sell
Pivot points
Current price
And
Resistance and Support points market ke nechay janay ke haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye
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Moon22 (2019-05-20)
EURCAD is Bullish
Signal:-sell
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1.5003
2> Resistance level is: 1.501
3> Resistance level is:1.5023
Supporting level is
1> Supporting level is:1.499
2> Supporting level is:1.4984
3> Supporting level is:1.4971
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Price is currently at 1.3831, and is in the area between the BB to BB W SD W SD +2 +1.
if so will prices rising, the next observation points are at:
1.) BB W +3 SD 1.3913
even if the price is DECREASING onwards, the dots are on the next observation:
1.) BB W +1 SD 1.3758
2.) BB M +1 elementary or high school 1.3706 1.3681 Weekly
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