The one-minute EURCAD chart above demonstrated immediate traders bullish reaction regarding to the euro five minutes after the Canadian leading indicator released. The currency pair rapidly jumped 40 pips from 1.3570 to nearly 1.3610
The one-minute EURCAD chart above demonstrated immediate traders bullish reaction regarding to the euro five minutes after the Canadian leading indicator released. The currency pair rapidly jumped 40 pips from 1.3570 to nearly 1.3610
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.
The EURCAD has traded lower to test 13853 and a low may be forming as price continues to bounce from its corrective channel and former 4th wave support.
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Price high to the top at level 1.4021 and can work a deal to buy because it will continue to climb to the top
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in this chart we can see that the candle will downtrend , i use ( one hour frame H1 ) so i supose to sell in this time and make two target the first target at ( 1.39842 ) and the second target is at ( 1.39743 ) and do not forget to make your stop loos at ( 1.41530 ) . good luck in this signal and you will earn more.
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the pair and as we can see from the chart has closed it's daily candle under the level of 1.4000 , so , that's mean the down trend is still standing and the pair is heading to 1.3970 then 1.3940
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break above previous high 1 hour on close
suggest to buy with as next targed 1.4045 than 1,4075
stop can be placed below 1,3990
good luck
1 hour chart
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as i can see from the chart the pair has success in breaking the level of 1.3950 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 1.3920 then 1.3885
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If a M15 close above 1.4000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3930 sell only and do not buy. If price closes back above it again do nothing
The range 1.4000 and 1.3930 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
the chart is showing that the pair has closed it's daily candle under the level of 1.4000 , and that's mean that the down trend is still standing and the pair might reach 1.3965 and then 1.3935
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.
If a M15 close above 1.4200 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3900 sell only and do not buy. If price closes back above it again do nothing
The range 1.4200 and 1.3900 is neutral area, any trade done in between is personal decision and not part of this analysis
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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