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Thread: Eur/Cad

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    Senior Member Alfredo is on a distinguished road Alfredo's Avatar
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    EURCAD At this moment we have a Neutral situation with the exponential moving average period 20 at 1.2844. Also the Average Directional Index period 14 is at 33.1621 indicating that we should be looking for a Neutral decision. Using the classic method of calculation, the daily pivot points for this pair are: Main pivot 1.2886, S1 1.2853, S2 1.2791, S3 1.2977 and 1.2915, R1 1.2948, R2 1.2977, R3 1.2977.

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    Senior Member sobissa will become famous soon enough sobissa will become famous soon enough sobissa's Avatar
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    EUR / CAD closed the week bearish candle closed under strong uptrend on the daily frame, as well as under the Fibonacci levels of 23 for this is expected to see more of the landing, but is close to the historic levels of support gives rise to the possibility at any time

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    Now the market price of EUR/CAD is 1.2877, we expect that market go to next week 1.3055 level because the Greece election already done and new government form, they stay in EU as a result we expect next week market in bullish trend.

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    As the pair had reached the downward strong trend as shown on the chart , it started to move down as it does always , i don't think that will be a gap formation for this pair after the open of the market or it will be small gap , so i suggest to sell this pair by then open of the market with targets @ 1.2805 then @ 1.2734 and with stop loss above the downward trend line , Good Luck

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    Senior Member Alfredo is on a distinguished road Alfredo's Avatar
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    EURCAD At this moment this pair is trading at 1.28 86/91 (-0.19%), looking at Average Exponential Indicator (ADX) we have a Neutral trend direction. If we look at Commodity Channel Index (CCI) it is at -67.805, giving us the advice that we should look for a Sell Situation. This in conjunction with the the Moving Average Convergence Divergence (MACD) at 0.0008, telling us that we should be in a Sell trend. This data help us to make a decision on the direction of price for this pair.

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    Senior Member sobissa will become famous soon enough sobissa will become famous soon enough sobissa's Avatar
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    EUR / CAD break today shut down waiting for the rising trend today to determine the next direction

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    EUR / CAD back down from a cloud at Como Span as predicted yesterday waiting for closure under the rising trend for the sale of the husband

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    Senior Member Alfredo is on a distinguished road Alfredo's Avatar
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    EURCAD This pair is at 1.29 05/11 (-0.25%) level. If we look at the Average Directional Indicator (ADX) it is telling us that we should be in a Neutral situation. In the one hour time frame the Exponential Moving Average period 5 is at 1.2902, giving the indication that we should Sell. And the Exponential Moving Average period 20 is at 1.2917, giving the indication that we should be in a Sell situation.

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    EUR / CAD closes this week bearish candle closed above the level of reflectivity 23 Fibonacci This gives the possibility for the rise in my view, but we have closure on the falling trend

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    Recent selloff involves a evaluation of our recommended depend and indicates the major increase from 1.2557 (2000 low) has finished at 1.7509 as group trend B (please consult larger degree trend depend below) and group trend C is now in advance which should increase to 1.3289

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