thread: EUR/CAD

Can anyone study this chart and offer any objective views on this particular pair of currencies to provide foresight on the market? Would really like to hear some views...

can anybody study this chart and provide any objective views with this pair of currencies to give foresight on the market? Would love to hear some views...

yesterday final theme succeeded bears at 1.61 but today session reveal the bears to gone awry at 1.6
nafta to direct the pair moving ahead

but it look market requirement for eur moving into ECB risk event has awoken.
Await further developments to find out if current move up is a bearish retracement or a bullish resurrection for push 1.61

Ok, looks just like a stop hunt or someone sweeping/getting filled/getting out/whatever reason doesnt matter. Ours is not to why but buy or sell.

Looking good to market today, let her examine 1.6 first, if broken then check the levels all of the way down, since the upmove was violent and rapid, the downward could be the same.

I'll be short week.
On Thursday I'll shut my position before nfp.
It is just my strategy.

I'm brief weekly. I will close my place before nfp. It's just my strategy.

Now I close the brief.

Hello fellow traders,

Seeing red corner to brief if price reaches there.

Due

Hi,

I would like to position myself on the pair, but don't know exactly what to use. I've been wanting to do this in many occasions, but not made the step towards entering the market.
So, I really don't know how to proceed. Is there some easy instrument I will use to sell EUR brief, or even buy CAD? Knowing that I have CAD (so that I don't actually know how to approach this).

Thanks for your insight!

Hello, I want to position myself on the pair, however, don't really know what to use. I have been wanting to do so in many events, but not made the step towards entering the market. I don't know how to proceed. Is there any simple instrument I can use to sell EUR short, or even buy CAD? Knowing that I have CAD (so that I don't actually know how to approach this). Thank you for your comprehension!

First, define your risk per transaction

I have a stop that is usually 100 to 150 pips and that I aim about 100 to 300 pips profit

I'm interested in selling and holding for a bearish trend

I'm new to the Forex world. I am actively investing since ages, however, Forex remains unknown.

First I am wondering whether it's possible to get vulnerable with no FX platform; just through any kind of financial instrument that reproduces the FX pair.

Secondly, my goal for EURCAD is to buy the CAD at around 1.60 and hold for a while, aiming 1.45

The opening price is over the 1.5525 pivot indicating an uptrend.
Support Level: 1.5485, 1.5421, 1.5381.
Resistance Level: 1.5589, 1.5629, 1.5693.
The MACD histogram is above the zero degree.
Parabolic SAR indicator (step 0.02, max 0.2) indicates the price is moving upward.

Trading hints: Buy.
TP: On resistance degree: 1.5589, 1.5629, 1.5693.
SL: One degree below the entry point.