EUR/CAD – 1H – BUYAdditionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.613405 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 1.6127 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62068 |
| 2nd High | 1.61755 |
| Next High | 1.6127 |
| Current Price | 1.60977 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.6127 – 1.61755 – 1.62068 – 1.60463 – 1.605 – 1.61351 —
1.60795 – 1.61000 —
54.256610329991 – 58.451830867205 —
– —
1.6127 – 1784041200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –