EUR/CAD analysis

[June Moon]

Currently the EURCAD market is up to the trend line point which refers that the market is in the up tend. 1.5128 is an important support which hopefully won’t be broken down. So to the buyers the entry point is at 1.5190 and the closing point is at 1.5381.

 

[Tom Latham]

Honestly, I liked your entry point and I am wafting for that entry point! But, buyers are too active here, so many be I’m going to miss that trade.

 

[Lee Mark]

Right now I am bullish this trading pair; last week I missed a buy trade here based on inside bar on H1; but in this week I am going to monitor this pair more actively.

 

[Rafinha]

Great Analysis; Thank you! It's really helpful to learn Forex.

 

[lioneld]

Right now I have buy trade here with 65 pips profit, but till now I am holding this one for 25 pips more because of daily resistant level. What’s your opinion on this running trade?

 

[lioneld]

For me, only Forex is real! Because, this is the only one trading sector where I can make money, but it’s true, I have to improve more in my trading and I am confident enough. For now, I am trading with 10% monthly return.

 

[Oscar Shumack]

If you plan to be rich by trading Forex, you will simply go bust. On the other hand, you are satisfied with little earning, you can be rich from here.

 

[SaadBinToha]

Excessive level of courage and confidence both are harmful for forex traders. Traders have to pass much time with the market to get rid of this fear.

 

[Oscar Shumack]

Try to learn techniques about how to make profit from a volatile market. Scalping and hedging can be an option that time.

 

[SaadBinToha]

Formation of good traits are important for a trader. Besides so he should earn efficiency at technical analysis. Technical analysis helps a trader catch the market trend which is inevitable for a trader.