EURCAD Wave Analysis – 19 January, 2022

• EURCAD reversed from key support level 1.4170

• Likely to rise to resistance level 1.4250

EURCAD recently reversed up from the key support level 1.4170 (previous Double Bottom from November), – strengthened by the lower daily Bollinger Band.

The upward reversal from the support level 1.4170 stopped the previous sharp downward impulse waves (iii) and 3.

EURCAD can be expected to rise further toward the next resistance level 1.4250 (former support which stopped the previous impulse wave (i)).

Source: Fxpro

Technical Analysis & Forecast 15.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair completed a decline wave, reaching 1.0622. Today, the market is forming a consolidation range above this level.

Ichimoku Cloud Analysis 15.04.2024 (GBPUSD, USDCAD, AUDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting after a rebound from the support level. The instrument is going below the Ichimoku Cloud,

Murrey Math Lines 12.04.2024 (Brent, S&P 500)

Brent Brent quotes are above the 200-day Moving Average on D1, indicating a prevailing uptrend. The RSI has broken the support line, exiting the overbought

Searching for the right forex broker is no easy task, but have no fear! Brokerswatch.com has made it very simple. Find the right brokers based on the criteria most important to you and compare them side by side for easier selection

Brokers By Regulator

Forex Brokers List

Trading Tools

Risk Warning: FX trading is high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment goals, experience and risk tolerance levels. Loss of part or all of your initial investment is possible; therefore do not invest money that you cannot afford to lose. It is advised to educate yourself about FX trading before you trade real money. Disclaimer: All data and information on this Website are provided “as is” and to be used only for information purposes. Information is not intended for trading or trading recommendations. The operators of this website shall not be liable for any loss incurred by you as a result of reliance on the information contained in the Website.