Community
Blog
ijayakumar's Blog

ijayakumar's Blog

Avatar

EURCAD may trade downside till it reaches the trendline

ijayakumar Przesłano 15 Lis jako Analiza EUR/CAD, Cel: 1.3910, Data: 1 z Styczeń, 12:00 GMT  w #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…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał

Gdy nie jesteś zalogowany, nie wiemy jakim językiem się posługujesz, lecz przypuszczamy iż jest to Angielski
Zarejestruj się lub wybierz inny język do tłumaczenia z listy.

– lub –

3 Komentarze
ijayakumar avatar
ijayakumar 20 Lis

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 Gru

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

ijayakumar avatar
ijayakumar 17 Gru

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

lubZostaw komentarz
Avatar

EURCAD to trade sideways

ijayakumar Przesłano 12 Paź jako Analiza EUR/CAD, Cel: 1.4820, Data: 1 z Grudzień, 12:00 GMT  w #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…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał

Gdy nie jesteś zalogowany, nie wiemy jakim językiem się posługujesz, lecz przypuszczamy iż jest to Angielski
Zarejestruj się lub wybierz inny język do tłumaczenia z listy.

– lub –

3 Komentarze
ijayakumar avatar
ijayakumar 19 Paź

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

ijayakumar avatar
ijayakumar 11 Lis

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 Lis

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!

lubZostaw komentarz