On EURCAD Im seeing a bearish trend so ill be looking for sales but Im following this trade because Im still seeing a resistance at .45951 ( Feel free to leave a comment )
"In the name of Allah, the Most Gracious, the Most Merciful". EURCAD Monthly Trend Possibility. Note: This is only for Educational Purpose this is not Investment advice. Thanks Adil Khan.
Ascending Triangle is still in the process of forming. Wait for a breakout, targets as per support and resistance
Going long here for a quick trade. Target price is the green "X".
EURCAD is approaching its resistance at 1.46961 where it is could reverse down to its support at 1.45495. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The price movement for the EUR/CAD has been constrained by several channels and overlapping price action over the past few years. The above chart visualizes the WEEKLY price action of EURCAD from August 2012 low. As visible, its structure can be best labeled as a "W-X-Y" double three/combination Elliot Wave pattern. The advance from August 2012 and March 2014...
"In the name of Allah, the Most Gracious, the Most Merciful" EURCAD FALLING WEDGE PATTERN. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Share Our Chart on All Social Media. Thanks Adil Khan
The price break out Support line D1 and wave 5 will be form soon . Open Sell 1.4578 , SL 1.4605 , Target at 1.4518.
EURCAD bounced off 1.45774 where it could potentially rise further to 1.47072. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
It Could rise up to 1.46487 (50) Pips up Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment...
EURCAD approaching support at 1.45908 where it could potentially rise further to 1.46529. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCAD is expected to drop to 1st support at 1.47072 where it could potentially react off and up to 1st resistance at 1.46351. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURCAD expected to rise up to 1st resistance at 1.47845 where it could potentially react off and drop down to 1st support at 1.47141. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The EURCAD made an impulsive move to the upside and followed by a corrective structure that has retraced 61.8% of the rally. The prices have rejected a broken resistance that lined up with mean value "moving averages" as support. Price has the potential to resume higher from the near current level and resistance level @ 1.51700 area is a plausible target!
EURCAD bounced off its support at 1.47592 where it could potentially rise further to 1.48234. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.