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EURCAD Technical Analysis

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EURCAD Formation Falling wedge Patterns

support 1 = 1.49980
support 2 = 1.49580
support 3 = 1.49050

wait n see,...


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#1 - February 10, 2019, 04:33:46 PM
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EURCAD

weekly: the 100sma has been resistance and good supply zone from the last week.  the level 1.5076 should hold , to see further downside move with target around 1.4800-1.4770

daily: i can;t see any specific direction so i will watch it next week with observation of 1.5076 level for potential sell.
#2 - February 10, 2019, 05:37:17 PM
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and from the lower time frame 2hour chart i can see that sma200 at 1.5085 and sma100 1.5045 are holding the down trend for now. 
#3 - February 10, 2019, 05:51:20 PM
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and from the lower time frame 2hour chart i can see that sma200 at 1.5085 and sma100 1.5045 are holding the down trend for now.

thanks for the interesting analysis I like your analysis and will consider it for my entry position.
#4 - February 11, 2019, 12:51:20 AM

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thanks for the interesting analysis I like your analysis and will consider it for my entry position.
thank you . yes this one trade from many that can be profitable .. or not.. we will see but it looks interesting
#5 - February 11, 2019, 12:55:45 AM

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thank you . yes this one trade from many that can be profitable .. or not.. we will see but it looks interesting

okay we see for the results what we hope will be profitable.
#6 - February 11, 2019, 12:58:48 AM

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EURCAD Formation Falling wedge Patterns

support 1 = 1.49980
support 2 = 1.49580
support 3 = 1.49050

wait n see,...
if I see it from the picture. This analysis technique can work according to what you have been advised. but can it really help traders to take good positions in trading
#7 - February 11, 2019, 05:38:26 PM

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EURCAD

weekly: the 100sma has been resistance and good supply zone from the last week.  the level 1.5076 should hold , to see further downside move with target around 1.4800-1.4770

daily: i can;t see any specific direction so i will watch it next week with observation of 1.5076 level for potential sell.
update ,

 so today EURCAD price is below 1.50 , next important level is 1.4942 for this week . After reaching that level i will think about long positions.
#8 - February 11, 2019, 07:54:43 PM

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update ,

 so today EURCAD price is below 1.50 , next important level is 1.4942 for this week . After reaching that level i will think about long positions.
almost there . the main zone for today and overall for a week is 1.4940-30.  this zone for me is first place to take a counter trend longs. For now from daily and weekly it looks bearish, but the corrective bounce possible.  still waiting...
#9 - February 12, 2019, 11:46:55 AM
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almost there . the main zone for today and overall for a week is 1.4940-30.  this zone for me is first place to take a counter trend longs. For now from daily and weekly it looks bearish, but the corrective bounce possible.  still waiting...
the price is below the MA and pivot 1.5008, the trend is down. the stochastic is going up, a retrace is likely. advice for trading, sell-outs in the pivot area.
#10 - February 12, 2019, 04:10:51 PM

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eurcad is now testing the h4 hi time frame support area level and it looks like this is a support that is quite out so my estimate is the price will go back up to the price of 1.50504
#11 - February 13, 2019, 01:35:26 AM

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Today's Eurcad pair analysis has reached the Sopot area for today's destination is a buy for Erucad
#12 - February 13, 2019, 01:48:41 AM

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Today's Eurcad pair analysis has reached the Sopot area for today's destination is a buy for Erucad
The price is below the daily pivot 1.4986. A small MA above the MA is the price between the two MAs. The price forecast will be bearish, but retrace will occur first with the initial Support target 1. Possible to penetrate up to Support 2.
#13 - February 13, 2019, 02:13:55 AM
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EURCAD Formation Falling wedge Patterns

support 1 = 1.49980
support 2 = 1.49580
support 3 = 1.49050

wait n see,...
EURCAD, hopefully as expected.
#14 - February 14, 2019, 06:21:03 AM

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eurcad this afternoon the small MA is below the big MA and the price is trying to break the small MA buy option for eurcad with the yellow MA target.
#15 - February 14, 2019, 10:30:14 AM
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