Thread: Eur/Cad
Time frame- M30
here we can draw a trend line and see that price is moving in up direction.
in stoch indicator we can see higher high so more strong signal for up direction movement. but now price level 1.3034 offering a resistance so more chance form there price will falling. if this level is hold then we can see this touch again the lower trend line at 1.2993 range.
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This EURCAD on still nice to be more bearish. Look - for today move = if then seller can break down again to that 23.6 fib (1.2935) = Yes, make search for new sell here = is better then. But, please note : we can just wait and see if price still move slow above that 23.6 fib (1.2935) = because - it's area still called sideways area, of course.
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Eur-cad
euro overall har pair me bahut weak chal raha hai aur issi wajah se eurcad ka pair bhi kafi dino se down trend me chal raah tha
1.3500 pe iska 1 bahut strong support hai jaha se iska trend change ho skata hai..isko 1.3600 tak ke liye buy kiya ja sakta hai kisi bhi value se...
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just be aware with make plan for buy OP. after look to the price action candle on 4H TF . the quite nice bearish pinbar here. Of course with this bearish pinbar change trend to bearish can probably here if seller can break down more to the ex. resistance 1.2969 (near that bearish pinbar).
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the combine and as we could see direct from chart is trading currently on top of the level of 1. 3800, therefore when ever the combine success in breaking 1. 3800, thats mean the down trend will certainly be assured and also the combine would possibly head to firmly 1. 3770 and after that 1. 3740
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Nice bulls after we see the buyer can break up to that 61.8 fib (1.2898) and also can break up to more that 76.4 fibo at 1.2942. this bulls still play and still good for buy max. to near the strong supply at 1.3014.
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Eur-cad
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>>>>>>>
---------- Post added at 10:56 AM ---------- Previous post was at 10:55 AM ----------
EUR/CAD
Weekly outbreak resistance@1.4352 unable to pair.
If it falls below the trend line, and then movements are expected to get a re-test likly
Weekly resistance brokeakout.
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US Dollar Canadian Dollar Convert
1 USD = 0.9845 CAD
1 US Dollar = 0.9845 Canadian Dollar
100 USD = 98.45 CAD
100 US Dollar = 98.45 Canadian Dollar
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EURCAD pair can break up to that 23.6 fib at 1.2787 that now still act as nearest resistance for this pair. But, of course - we can just wait and see as long as the price candle still move slow bellow that 1.2787 . it's still called sideways.
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the eur/cad presents short-term scalpers with an chance clearly as the try ranges between an encompassing symmetrical wedge formation. with daily relative strength holding mid-range at 43. 8, the try lacks coherent direction or momentum, providing traders utilizing a range-bound setup
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