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EUR/CAD

EUR/CAD presently mark: 1.53000
Forecast: Hold
Sell below LWMA
Buy above LWMA
4H Key points:
Top Resistance: 1.53500
1st Support: Lwma
Floor: 1.50000
LWMA: not clear
StochF: Bullsih
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EUR/CAD

EUR/CAD presently mark: 1.58476
Forecast: Buy
H4 Key points:
Top Resistance: 1.61210
1st Support: LWMA
Floor: 1.55300
LWMA: Bullish
StochF: Bullish
Fibonacci Retracement (61.8%) worked as a good support: Stochastic Fast and LWMA(14) are both on bullish side. The target is the top resistance.
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EUR/CAD

EUR/CAD presently mark: 1.54707
Forecast: buy from any green candle on Fibo supports
H4 Key points:
Top Resistance: 1.5488
1st support: Fibonacci Retracement (23.6%)
2nd support: Fibonacci Retracment (38.20%)
3rd support Fibonacci Retracement (61.6%)
Moving support: ascending longitudinal line
Floor: Fibonacci Retracement (100%)
I'd not recommend buy now after price has grown almost 90 pips ahead of broken resistance and holds at. Wait from some retracement if you missed breakout. The trend is c…
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EUR/CAD

GBP/CAD mark: 1.51200
Forecast: hold
H4 Key points:
Top resistance: 1.53500
1st Support: 1.50500
2nd Support/floor: 1.49500
Stochastic: preparing for going down
Price already started it's north path as candle showing from the floor. The target is the top resistance but the Stochastic seems to indicate that for this period (H4) the price is now overbought and it is expected some retracement. So, my advice is hold on and BUY around the floor or close to the 1st Support. It is totally unexpected an…
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EUR/CAD

EUR/CAD mark: 1.50500
Forecast: Sell with target at Fibonacci Retracement (61.8%)
TP: 1.49500
SL: 1.50800
H4 Key points:
Top Resistance: 1.51400
1st Resistance: 1.50730
1st support / Fibonacci Retracement (31.8%): 1.49500
Floor: 1.47500
Stochastic: at the top and preparing to break on bear mode
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EUR/CAD

EUR/CAD mark: 1.48135
Forecast: sideline / hold on
H4 Key points:
Resistance: 1.51250
1st support: 1.48135
Floor: 1.47000
EUR/CAD is on the way down. The question is: will stop it at 1st Support or keep its path until the bottom line at Floor. Regarding the Resistance point from where it started downward so far it will be risky taking any option (sell or buy). My advice is: buy when and if price touch the floor and stay out of this cross until there.
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EUR/CAD


Hello all,
My prediction for EUR/CAD: UP
1D timeframe will keep uptrend movement if rate goes through 1st resistance line until second and third resistances. We can see an Inverse Head Shoulders figure as well to support uptrend. However, it will not be easy pass 1st resistance. It is holding rate pretty well since 1 month. So it is not clear.
Trade decision: wait for now! BUY if break 1st resistance; SELL if rate breaks down upside longitudinal line
Good luck to everyone.
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Uladzimir avatar

как всегда 50/50

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EUR/CAD Forecast

Hello all.
Lets try to understand what will happen with EUR/CAD.
Pair mark: 1.4290
H4 timeframe:
a) Support: 1.4190
b) Resistance: 1.4350/1.4410
c) Trend: Upside
In my opinion, 1.4280 is being quite supportive. Probably it will break the descending longitudinal line and reach Support 1. Look at RSI. This pair is oversold. You can buy now or wait until this pair reach again the main support for the period at 1.4190.
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Day 2 - EUR/CAD Forecast

Hello traders!
Sharing my analysis about EUR/CAD.
At this right moment this pair mark: 1.4427.
We have two different decisions to make depending on which timeframe we are talking about.
H4 tiemframe:
Support: 1.4360
Resistance: 1.45300
RSI: oversold
Signal: Upside
Daily timeframe:
Support: 1.4255/1.4050
Resistance: 1.4655
Channel: down
Signal: Downside
My decision overrall is taken under short term vison.
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