Eurcadforcast
EURCAD Market Outlook | Daily Forex Market BreakdownEURCAD
Looking bullish right now, but we have failed to push above resistance multiple times. We need to see how price reacts at the current resistance. If we see a strong break above we could see a bigger move to the upside, that being said if we fail to break above resistance again and we see a hard rejection we could completely melt to the downside. EC is definitely at a make it or break it level right now. Watching very carefully.
EURCAD Market Outlook | Daily Forex Market BreakdownEURCAD
EURCAD is also on our watch list. Right now EC is currently resting on a make it or break it level so we need to wait patent to see if we are going to start climbing to the upside or if we are going to see a strong break and close below the trend line giving us the bearish pressure needed to push down to retest key levels of support. Looking very good keeping a close watch on EC.
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off 1.46003 where it could potentially rise further to 1.46627.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD approaching support, potential for a further rise!
EURCAD approaching support at 1.46634 where it could potentially rise further to 1.47644.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
More move higher for EURO-CADANALYSIS ON EURCAD
Welcome to my analysis
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30min CHart
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Interesting Point of interest In the EURCAD pair.
- Price testing 200 day EMA.
- look for buy signals.
- Expecting some more upward movement.
- Watch 1.47700 for Take Profit (TP).
- MACD showing bullish divergence
Stay Tuned
EURCAD Market Outlook | Daily Forex Market BreakdownEURCAD
Looking very interesting. EC pushed to the upside made a new high then melted back to the downside. I feel we are going to come down further but it is going to be key to wait patiently for a pullback so we can secure a clean entry. Keep in mind that we are still in an uptrend so we need to be cautious.
EUR/CAD Time to Short! Pink = Important Daily Level, Approached it with some major resistance in the past.
Blue = Trend line to be broken.
Enjoy.
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off 1.45553 where it could potentially rise further to 1.46122.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off 1.46690 where it could potentially rise further to 1.45913.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD bounced from support, potential for a further rise!
EURCAD bounced off 1.45142 where it could potentially rise further to 1.45661.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD approaching support, potential for a bounce!
EURCAD is expected to drop to 1st support at 1.45085 where it could potentially react off and up to 1st resistance at 1.45655.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURCAD Sell PossibilityEURCAD is following a down trend. Waiting for breakout the minor trend line. If break the trend line then we can take short position.
My Idea on EURCAD for a couple of days On EURCAD Im seeing a bearish trend so ill be looking for sales but Im following this trade because Im still seeing a resistance at .45951 ( Feel free to leave a comment )
EURCAD Monthly Trend Possibility. "In the name of Allah, the Most Gracious, the Most Merciful".
EURCAD Monthly Trend Possibility.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
EUR/CAD Bullish ???Ascending Triangle is still in the process of forming.
Wait for a breakout, targets as per support and resistance
EURCAD approaching resistance, look out for potential reversal!
EURCAD is approaching its resistance at 1.46961 where it is could reverse down to its support at 1.45495.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
