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Day 2 - EUR/CAD Forecast

carpe Posted 2 Nov  in #Trader's blog #Forecast #Support #EUR/CAD #Upside #Resistance Zone
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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USD/CAD forecast

carpe Posted 17 Ott  in #Trader's blog #Forecast #Support #Resistance #USD/CAD #Upside #Floor
Hello community!
Today I will make my prediction for next week's USD/CAD and tell you what it will be going on with... but it is just my opinion, of course
At this right moment USD/CAD mark: 1.2911.
Next fisrt movement: upside until 1.3040. If this mark were broken then next movement will be close to 1.3240. If not it will return to 1.2851. 1.2851 is the floor. It is being a massive support since Jun/2015 and strong resistance between Jan and Apr 2015.
Look at the Weekly chart below: RSI and sup…
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USD/CHF Forecast

carpe Posted 14 Ott  in #Trader's blog #Forecast #Support #Resistance #USD/CHF #Channel Down #Upside #Double Top
Good morning from Portugal
Today I will make my decision about the cross USD/CHF. At this right moment this pair mark 0.9564.
As we can see in Daily chart, we are exactly at the point of a strong support and this is an excellent opportunity to buy this pair buy now or waiting for a sweet upside candle.
The horizontal support line intersects the main longitudinal support line. In my opinion the price will rebouce to the upside but if breaks below .0,9550 then will probably go to the next support …
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