empty
 
 
18.05.2015 04:21 AM
Technical analysis od EUR/CAD for May 18, 2015

The cross changed its direction from 1.3428 and probably made a double bottom. At Friday's session, the cross managed to breach the previous supply zone around 1.3765 but it was unable to close above that zone. The cross managed to close above 100Dema facing strong resistance at 100Dsma 1.3780. Today, the cross opened on a bullish note. The cross is trading on the verge of break (1.4020 initially). We initiated buying between 1.3450 and 1.3400 with sl 1.3385 dated May 13, 2015. In case the price closes above 1.3780, bulls will aim at 1.4000. Support is found at 1.3725 100Dema, 1.3650 61.8 FE, and 1.3484 50Dsma. Today, we expect the cross to touch 1.3800. Intraday support is found at 1.3690.

This image is no longer relevant


InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2025
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback