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+820 Points in EURCAD

EURCAD Analysis

EURCAD is moving in uptrend line and market has rebounded from the higher low area of the pattern

After the confirmation of the Upward movement, the EURCAD Buy signal was given.

EURCAD buy signal reached the take profit target successfully


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+500 Points in EURCAD

EURCAD Analysis

EURCAD is moving in uptrend line and market has rebounded from the higher low area of the pattern

After the confirmation of the Upward movement, the EURCAD Buy signal was given.

EURCAD buy signal reached the take profit target successfully


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+980 Points in EURCAD

EURCAD Analysis

After the confirmation of the Downward movement, the EURCAD Sell signal was given.

EURCAD Sell signal reached the take profit target successfully.


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-725 Points in EURCAD

EURCAD Analysis

EURCAD is moving in an Ascending channel by forming higher highs, higher lows in the 1-hour timeframe chart

EURCADΒ Update

EURCAD Analysis

EURCAD has breached the previous lower support level within the minor ascending channel, triggering the stop-loss price. Nevertheless, there remains a possibility for EURCAD to experience a resurgence following a retest of the support zone.

Reason Owing to a succession of economic news events, such as those listed below, the market is currently devoid of significant technical fluctuations.

Eurozone Services Purchasing Managers Index (PMI)

Germany Services Purchasing Managers Index (PMI)

France Services Purchasing Managers Index (PMI)

EU Leaders Summit

Eurozone Trade Balance

Eurozone Wages YoY

Exercise patience and await a strong signal for the next favorable trading opportunity.

Our priority is to ensure your safety while trading in all market conditions.


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+630 Points in EURCAD

EURCAD Analysis:

EURCAD is retesting the broken descending channel in the 4-hour timeframe chart

After the confirmation of the Upward movement, EURCAD Buy signal was given. Β 

EURCAD June'19 T1 on June'20 +630 Points.

EURCAD buy signal reached the take profit target successfully.


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