CANADIAN DOLLAR / EURO CADEUR

CXY is approaching our first resistance at 6.9990 (horizontal overlap resistance, 78.6% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 6.9634 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support). Stochastic is also approaching...

CXY is approaching our first resistance where we might see a corresponding drop in price. Stochastic is also approaching resistance where we might see a corresponding drop in price.

CXY is approaching our first resistance at 7.0544 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 6.9899 (50% Fibonacci retracement, horizontal overlap support). Stochastic is also approaching resistance where we might see a...

CXY is approaching our first resistance at 7.0544 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 6.9899 (50% Fibonacci retracement, horizontal overlap support). Stochastic is also approaching resistance where we might see a...

On the cadeur, price has been declining for a long time now while holding onto resistance. Price has then created a xabcd pattern in which is aligned with minor resistance zone.

FX_IDC:CADEUR SHORT

SHORT@0.6657 STOP@0.6657 PROFIT.TAKER@0.6441 TAKE HALF PROFITS @0.6550

Situation: CADEUR is forming a downtrend. It which might be confirmed soon (pink dashed line). Another point of potential movement will be the breaking of the yellow trend (yellow dashed line). Might even have some SHS flavour to it. Plan: Short CADEUR at the confirmation of the pink trend. Execution: Trade the trend with SL at the last lower high.

CAD and oil to get v weak going forward

So this one is really interesting. CAD has to my pleasure been really bullish for a while, and it looks like that might continue. We're currently in a breakout channel from a previous downward trend, and has just gotten out first smell of fresh air. I was thinking about putting a short on since its rebounding, but then I realized that that would be fucking crazy....

Shorting CADEUR until the support line is reached. Covering if we break the descending resistance line.

EURO has hit its minimum target for the ending diagonal on the daily chart. Next week can start to watch for potential shorts in EURO in general. Strong pairs like EURAUD, EURCAD and EURNZD would provide indicator for weakness in EURO in general. EURGBP at 8940-9050 should either breakout or breakdown from there. EURUSD is a tough trade honestly and any EURJPY...

Seems there is one last trick for general Euro strength until it breakdown. Ending diagonal structure still in place.

Self explanatory.

we are with trend ...

The LT structural weakness in CAD could be shifting soon. I'm looking for the right candidate to buy the CAD against, for a LT trade.

CADEUR REVERSAL TO CLOSEST S/R

Euro is starting January with a selective middle ground. Great against weaker currencies like USD and GBP and weak against stronger ones like AUD, CAD, NZD. Euro is practically nowhere with Yen. Great for range trades but sticking with EURUSD EURGBP as longs and shorting Euro with AUD/CAD/NZD.