EUR/CAD Multi-Time frame analysisHi Traders
EUR/CAD Multi-Timeframe analysis
H1 Chart (Bearish)
A medium probability, entry signal to go SHORT will be given after the completion of a bearish trend reversal on the lower time frame at 1.46867 after the market found resistance at 1.47157 . Only the upward break of 1.47157 would cancel the bearish scenario.
Support & Resistance
1.46686 1.47146
1.46415 1.47270
1.45955 1.47431
H4 Chart (Bullish)
The completion of a trend reversal formation at 1.47288 has forced us to close our position earlier than we had planned. Now we are looking for the next opportunity to enter the market.
Support & Resistance
1.47410 1.47757
1.46415 1.47997
1.45810 1.48992
Daily Chart (Bearish)
The completion of a trend reversal formation at 1.47607 has forced us to close our position earlier than we had planned. Now we are looking for the next opportunity to enter the market.
Support & Resistance
1.47237 1.48156
1.45810 1.52092
1.44426 1.53833
Weekly Chart (Strong Up)
Waiting for a retracement higher towards the 1.47237 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.50518 level.
Support & Resistance
1.45810 1.47237
1.44478 1.50518
1.42626 1.51914
Eurcadtrade
EURCAD; Short, for now.This is dropping strait onto the 200 Months Ema. (In conjunction with a final Equities Blow-off Top ). - After which, this should be a one-way Long for the better part of "forever". (EUR positive account balance vs. CAD, a purely speculative bubble - in no small part where the Wilshire5000 / GDP having just hit 200%!)
The Weekly;
EUR/CAD Multi-Timeframe analysis (03/02)Hi Traders
EUR/CAD Multi-Timeframe analysis (03/02)
H1 Chart (Bearish)
Target 2 at 1.52525 has been reached. We closed the remaining 50% of our position and now we are looking for the next opportunity to enter the market.
Support & Resistance
1.53327 1.53548
1.53030 1.53833
1.52898 1.53965
H4 Chart (Strong UP)
The market is approaching the support at 1.52821 . We are waiting to see reversal signals in order to reinstate LONG positions. Next important support is the 1.52619 level.
Support & Resistance
1.52821 1.53124
1.52619 1.53498
1.52092 1.53833
Daily Chart (Strong Down)
The market is approaching the resistance at 1.54016 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 1.55924 level.
Support & Resistance
1.52666 1.54016
1.52092 1.55924
1.51065 1.57096
Weekly Chart (Neutral)
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistance
1.52666 1.59912
1.50518 1.62060
1.47707 1.64871
EUR/CAD Multi-Timeframe analysis (Update)Hi Traders
EUR/CAD Multi-Timeframe analysis (Update)
H1 CHART ( Bullish )
A medium probability, entry signal to go LONG was given at 1.53623 after the market found support at 1.53317 . Only the downward break of 1.53317 would cancel the bullish scenario.
Support & Resistances
1.53328 1.53548
1.53030 1.53735
1.52898 1.53975
H4 CHART ( Neutral )
Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop.
Support & Resistances
1.53124 1.53498
1.52619 1.53782
1.52092 1.54414
DAILY CHART ( Strong Down )
Waiting for a retracement higher towards the 1.52666 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.54016 level.
Support & Resistances
1.52660 1.52666
1.50744 1.54016
1.47486 1.55924
WEEKLY CHART ( NEUTRAL )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistances
1.52666 1.59912
1.50518 1.62060
1.47707 1.64871
EUR/CAD Multi-Timeframe analysisHi Traders
EUR/CAD Multi-Timeframe analysis
H1 CHART ( Strong Up )
The market is approaching the support at 1.53258 . We are waiting to see reversal signals in order to reinstate LONG positions. Next important support is the 1.53039 level.
Support & Resistances
1.53258 1.53486
1.53039 1.53548
1.52678 1.53719
H4 CHART ( BEARISH )
Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop.
Support & Resistances
1.53124 1.53498
1.52619 1.53782
1.52092 1.54414
DAILY CHART ( NEUTRAL )
Waiting for a retracement higher towards the 1.52666 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.54016 level.
Support & Resistances
1.52660 1.52666
1.50744 1.54016
1.47486 1.55924
WEEKLY CHART ( NEUTRAL )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistances
1.52666 1.59912
1.50518 1.62060
1.47707 1.64871
EUR/CAD Multi-Timeframe analysisHi Traders
EUR/CAD Multi-Timeframe analysis
H1 CHART ( BEARISH )
Waiting for a retracement higher towards the 1.53175 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.53780 level.
Support & Resistances
1.52790 1.53175
1.52213 1.53780
1.51227 1.54766
H4 CHART ( BEARISH )
A medium high probability, entry signal to go SHORT was given at 1.53151 after the market found resistance at 1.53804 . Only the upward break of 1.53804 would cancel the bearish scenario.
Support & Resistances
1.53120 1.53782
1.52821 1.54414
1.52255 1.54980
DAILY CHART ( NEUTRAL )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistances
1.52666 1.54016
1.50744 1.55924
1.47486 1.57096
WEEKLY CHART ( NEUTRAL )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistances
1.52666 1.59912
1.50518 1.62060
1.47707 1.64871