EUR/CAD

Buy EUR/CAD – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.49671536 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.50247 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.50589
2nd High 1.50555
Next High 1.50247
Current Price 1.49520
Next Low 1.49431
2nd Low 1.49162
3rd Low 1.48881

Download EUR/CAD Signal Image

Trading Signals:

Buy EUR/CAD – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Current target is 1.49671536 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 1.50247 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 1.51240
2nd High 1.50555
Next High 1.50247
Current Price 1.49478
Next Low 1.49431
2nd Low 1.49162
3rd Low 1.48881

Download EUR/CAD Signal Image

Trading Signals:

Sell EUR/CAD – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.49431 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 1.50247 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.51240
2nd High 1.50555
Next High 1.50247
Current Price 1.49574
Next Low 1.49559
2nd Low 1.49431
3rd Low 1.49162

Download EUR/CAD Signal Image

Trading Signals:

Sell EUR/CAD – 1H – SELL

The currency pair jumps from the ascending trendline down.

The bearish trend downwards to the next support level at 1.49650 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 1.50247 should always be considered.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.51240
2nd High 1.50555
Next High 1.50247
Current Price 1.49697
Next Low 1.49650
2nd Low 1.49559
3rd Low 1.49431

Download EUR/CAD Signal Image

Trading Signals:

Buy EUR/CAD – 1H – BUY

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 1.49993 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 1.50247 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.51240
2nd High 1.50555
Next High 1.50247
Current Price 1.49874
Next Low 1.49650
2nd Low 1.49559
3rd Low 1.49431

Download EUR/CAD Signal Image

Trading Signals:

Sell EUR/CAD – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.49671536 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.50247 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.50589
2nd High 1.50555
Next High 1.50247
Current Price 1.49911
Next Low 1.49650
2nd Low 1.49559
3rd Low 1.49431

Download EUR/CAD Signal Image

Trading Signals:

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