eurcadshort

eurcad

EURCAD is testing its resistance at 1.5061(23.6%, 38.2% & 50% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 1.4948 (38.2% Fibonacci retracement, horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance at 97%.

EURCAD is approaching its resistance at 1.4920 (61.8% Fibonacci extension x2, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 1.4839 (50% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.

EUR/CAD : a Head & Shoulders pattern is forming, we wait for the break, retest, and we enter short. targets on chart

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EURCAD is approaching our first resistance at 1.5090 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.4942 (horizontal pullback support, 50% Fibonacci retracement). RSI (34) is approaching resistance and we might see a ...

Midterm forecast: While the price is above the support 1.4800, beginning of uptrend is expected. We make sure when the resistance at 1.5360 breaks. If the support at 1.4800 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 1.49165 on 2018-05-30 and the ...

IF U DIDN'T NOTICE :) I AM EXPECTING A DOWNWARD CONTINUATION AFTER THIS REVERSAL LIKE, FOLLOW AND COMMENT ALSO SEE PREVIOUS ANALYSIS ON THIS PAIR

EURCAD BUY THIS WEEK LIKE COMMENT AND FOLLOW, PLEASE :)

EUR/CAD is extending bearish gap open. The Canadian dollar remains buoyed after US and Canada alongside Mexico, have reached a new trade deal, to replace Nafta. EUR/CAD is extending weakness below daily cloud, eyes major trendline support at 1.48. Break below could see further downside. Price action is below major EMAs and technical indicators support further ...

EURCAD SELL

Possible Sinking continues to EURCAD as you can see there lets wait for the retest to get more confrimation

EC will continue to drop hitting resistance around 1.48250 or the 1.46500

EURCAD is approaching our first support at 1.5159 (horizontal overlap support, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.5232 (61.8% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding rise in price ...

I'm in, price likely to reach next minor support zone.

Hey Traders, Here on the EUR/CAD we can see the following entry reasons to go SHORT: DAILY Chart: 1- Consolidation fase 2- Resistance Level reached 4H Chart: 1- Agressive Bearish Engulfing Candle

EURCAD Gartley Pattern!

Midterm forecast: While the price is above the support 1.4800, beginning of uptrend is expected. We make sure when the resistance at 1.5360 breaks. If the support at 1.4800 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The descending flag taking shape suggests we will soon see another leg lower. There is a ...