capitalpropertiesfx

EURCAD at the Median Line again

FX:EURCAD   Euro / Canadian Dollar
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2
EURCAD pushed higher in the end of the week and even though the whole move was a CAD move, I stil like it. If EURUSD should pick up we might see further follow-through in this pair.
I'll be watching this one closely next week.

Comments

Your upper target is the one I'm watching :)
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capitalpropertiesfx Timing is key
I also prefer the upside but USDCAD is looking a bit weird and may go lower. So, if EURUSD doesn't start pushing higher it may be quite bad for EURCAD. But anyways - I'm watching this one very closely.
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Timing is key capitalpropertiesfx
Nice call & correlation with EUR/USD, I'm anticipating it go to around 1.47300 - 1.47400 before fighting resistance, based on weak US employment news on Friday.


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capitalpropertiesfx Timing is key
I agree - 1.47400 area should provide a resistance for now. In bigger picture, I would prefer this even higher, somewhere between 1.50 & 1.51.

Time will tell :)
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