eurcadforcast

Chart says it all :)

EURCAD. Opened a sell trade at 1.4571. Looing for a nice downtrend with this pair after the breakout. First TP 1.44 Level and SL at 1.463 (et yours at around that level)

Our preference: lighten as long as 1.4707 is stopper with 1.4491 as objective. Alternative scenario: the overflow of 1.4707, will validate an increase over 1.4785 and 1.4832. Comment: The RSI is below its neutral zone of 50. The MACD is positive and below its signal line. The MACD must press the zero line to confirm a continuation of the drop. In addition, prices ...

EURCAD .Waiting for a close outside this range (around 1.4495 level) then I am selling this pair.

Things dont look over yet for the bearish trend on EURCAD at the weekly time frame. Expect more bearish downwards movements the next weeks. And lower range has been broken and it has opened the way for at least a 400 pip fall. This ofcourse, is on the weekly time frame. so on the daily, 4h and 1h time frames there will be plenty of retracements up that you can ...

EURCAD wait for the break

EURCAD on the 4 hour time frame is shaping up for a very nice buy setup. The range is shaped like a bullish wedge and the Stoch indicator made a bullish cross over. When it breaks out of this wedge we will see a very very nice green wave up. tp: 1.4960 sl: 1.4690

EUR/CAD is currently in a bearish trend and can extend it's loss 300+ more pips down. This is definititely a trade opportunity to keep an eye on. As always, money manage properly and invest only after your own analysis. Happy Trading!

EURCAD on the daily time frame has broken through the upper range and Stoch has just made the bullish crossover. When looking at the 4 hour time frame you see that on that time frame the Stoch is already showing a lot of buying pressure. ADX is still to make this crossover, but that one is always a bit slow, need about 3-4 green candles to make the green line go ...

Since gapping up, price has tested and respected a major support/resistance area bounced up from it. Today we've seen price has touched this major support level and price did pierce through but quickly pulled backed and has respected this level. Zooming in on the 4H time frame, candlestick pattern confirms a reversal in the downtrend to an uptrend is probable and ...

Exactly one week ago we discussed how the EURCAD bulls were tiring following a 430 pip bearish engulfing week. When I released that commentary on April 6th, the pair had already broken channel support on an intraday basis. While writing that post, I took a short position at 1.4321, which I shared with members at the time of the entry. I also added to that ...

The pair is trading within an ending diagonal. We should short at the rejection of the Triangle Resistance with Profit taken at 50% or 61.8%

Due to the falling wedge pattern the price has appreciated, now it is time of correction before moving further upwards. We go Short on this pair at the current level and book our profits at 1.3950 level.

TRIPLE TOP RESISTANCE SO STRONG AND I AM THINKING ONLY ONE WAY ... DOW SO MY TP AND SL ARE IN CHART I WISH YOU GOOD TRADING DAY AND USE RISK MANAGEMENT

The EURCAD is my bread-n-butter. This pair has high ATR's, a fairly low spread and is pretty easy to read. If you catch the right trade, you can finish an entire week's worth of trading with one position. However, since mid 2015, price action has become increasingly choppy with, what some would say, are unpredictable spikes. If you are worried about "random" ...

EURCAD Short

Eurcad

eurcad