FxWirePro
Short

We prefer to go short EUR/CAD

FX:EURCAD   Euro / Canadian Dollar
24 0 1
Short term trend: Bearish
Ichimoku analysis (4 Hour chart):
Tenkan-Sen level: 1.4211
Kijun-Sen level: 1.4207
Ichimoku cloud top: 1.4141
Ichimoku cloud bottom: 1.4175

EUR/CAD made a low of 1.4125 and is recovering from that level. Overall trend is bearish as long as resistance 1.4305 holds. Any break above 1.4305 would extend gain to 1.4350/1.4435.
The pair is facing short term support around 1.4125. On the downside break below will target 1.4000/1.3888 (100% projection of 1.4499 to 1.4046 from 1.43412).

Recommendation: Sell EUR/CAD around 1.4195, SL 1.4305, Target 1.3890.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out