Interesting Week for the Euro Ahead

FX:EURCAD   Euro / Canadian Dollar
7 0 0
The EURCAD             has been in a nice uptrend channel and has tested the lower channel with some false breakouts to the lower side. CAD is gaining some slight strength with Oil             stabilising price wise and with good numbers coming from the CAD economy.

My options are to favour the short side, however the best way to play this is to have pending orders for a Long&Short above the resistance of 1.5095 for longs and 1.488 for the shorts.

The use of trendiness is very powerful and you'll see the 3rd bottom trend line is drawn at an equidistant from the first channel to estimate where price may bounce from.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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