• EURCAD reversed from key support 1.3280 • Likely to rise to resistance level 1.3520 EURCAD under the bullish pressure after the earlier upward reversal from the key support 1.3280 (former strong resistance from July and August) – standing near the lower daily Bollinger Band. Upward reversal from the key support 1.3280 created the daily […]
• EURCAD broke resistance level 1.3300 • Likely to rise to resistance level 1.3500 EURCAD currency pair rising strongly after the breakout of the resistance level 1.3300 (top of wave (i) from the middle of September) intersecting with the two resistance trendlines from March and February. The breakout of the resistance level 1.3300 continues the […]
• EURCAD reversed from resistance level 1.3200 • Likely to fall to support level 1.3000 EURCAD currency pair recently reversed down from the resistance level 1.3200, intersecting with the upper Bollinger Bond and the 38.2% Fibonacci correction of the downward impulse from June. The downward reversal from the resistance level 1.3200 stopped the earlier short-term […]
• EURCAD reversed from support level 1.3025 • Likely to rise to resistance level 1.3200 EURCAD currency pair recently reversed up from the pivotal support level 1.3025 (which has been reversing the pair from the middle of July) – intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.3025 is […]
• EURCAD reversed from major support level 1.3020 • Likely to rise to resistance level 1.3200 EURCAD recently reversed up from the major long-term support level 1.3020 (former multi-year low from the middle of 2015), standing outside of the lower weekly Bollinger band. The upward reversal from the support level 1.3020 is likely to form […]
• EURCAD continues daily downtrend• Likely to fall to support level 1.3600 EURCAD recently reversed down from the pivotal resistance level 1.3755 (which reversed the pair multiple times from April). The resistance level 1.3755 is further strengthened by the upper daily Bollinger Band and by the 61.8% Fibonacci retracement of the previous downward impulse from […]
• EURCAD reversed from support level 1.3400• Likely to rise to 1.3600 EURCAD today reversed up from the strong support level 1.3400 (which stopped the previous sharp downward impulse wave 3 at the end of last month). The upward reversal from the support level 1.3400 will most likely form the daily candlesticks reversal pattern Morning […]
• EURCAD reversed from resistance area• Likely to fall to support level 1.3600 EURCAD recently reversed down from the resistance area located between the key resistance level 1.3750 (which has been reversing the pair from March) and the upper daily Bollinger Band. This resistance area was further strengthened by the 50% Fibonacci correction of the […]
• EURCAD reversed from support area• Likely to rise to resistance level 1.41 EURCAD recently reversed up sharply from the support area located between the key support level 1.3800, weekly down channel from 2021 and the lower daily Bollinger Band. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Hammer. […]
• EURCAD reversed from resistance level 1.4645 • Likely to fall to support level 1.4400 EURCAD currency pair recently reversed down strongly from the key resistance level 1.4645 (which has been reversing the price from May of 2021). The resistance zone near the resistance level 1.4645 was strengthened by the upper daily Bollinger Band. EURCAD […]