Communauté
Blog
ijayakumar's Blog

ijayakumar's Blog

Avatar

EURCAD may trade downside till it reaches the trendline

ijayakumar Publié 15 nov comme Analyse sur EUR/CAD, Cible: 1.3910, Date: 1 de janvier, 12:00 GMT  dans #Technical analysis #EUR/CAD #Eurcad #Trendlines
EURO is weakening heavily over it's own internal economy and December easing expectation and possible easing over Interest rates. On the other hand Canada is slowly recovering from it's short recession two months ago. Please find the chart analysis,
Monthly chart:
- This pair shows contraction in price movement which suggests that bull run is expected to be on strong hold until a breakout happens without a doji.
- Recent price action also shows the weakness over the virtual trend line and sudden…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –

3 Commentaires
ijayakumar avatar
ijayakumar 20 nov

As forecasted, Euro is weakening further and Canada is starting to strengthen. If current situation persists, then this pair go even below than the expected value. A pullback is expected in near time to make this forecast live.

ijayakumar avatar
ijayakumar 11 déc

This widening extremely because of oil dip and ECB's stop on more easing. Lets wait for FOMC!

ijayakumar avatar
ijayakumar 17 déc

Hawkish move from Euro and Canada's worry over oil has widen the gap too long!

oupour laisser des commentaires
Avatar

EURCAD to trade sideways

ijayakumar Publié 12 oct comme Analyse sur EUR/CAD, Cible: 1.4820, Date: 1 de décembre, 12:00 GMT  dans #Technical analysis #Price Action #Pattern #EUR/CAD #Eurcad #Candlesticks
EURCAD is trading with strong Support and Resistance level and it is expected to continue, as both the country economic situations are similar. Please find the chart analysis,
Weekly chart:

- This pair has strong support and resistance as the price action also suggests the same
- It is expected to continue forming a range trading within this drawn support and resistance level
Daily Chart:

- Daily charts also predicts the same with several decline on support and resistance level
- It creates a…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –

3 Commentaires
ijayakumar avatar
ijayakumar 19 oct

So far, the price movement is within the expected range!

ijayakumar avatar
ijayakumar 11 nov

Because of continuous dovishness from EURO, this pair has gone down more than the expectation. But again, a long await bullish pull back move is pending from Euro which may help my prediction to achieve it's target!

ijayakumar avatar
ijayakumar 20 nov

Prolonged dovishness from EURO making the technical expectation failure. This pair doesn't seem to be coming above 1.45 range in any near time!

oupour laisser des commentaires