Eur / Cad Analysis Signal Report From Centreforex

EurCad : 21/11/2017 Technical Analysis Report
Our Preference: Sell below 1.5080 for the target of 1.4940 levels
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- In Daily Chart EurCad was formed new upper trend line and now its started to trading in the triangle pattern so we can sell near intraday resistance levels and except up to next key support levels:- which we have shown in attached image.

EurCad : 07/12/2017 Technical Analysis Report From Centreforex

Our Preference: Sell below 1.5120 for the target of 1.4970 and 1.4780 levels
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- Last week EurCad was failure to close above the previous high of resistance and we got closing below the key resistance of previous high and closed below the upper trend line, now its started to trading in the triangle pattern so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.

EurCad : 12/12/2017 Technical Analysis Report From Centreforex

Our Preference: Sell below 1.5160 for the target of 1.4940
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- EurCad was trading in the equidistant channel lines and last week its failure to close above the previous high of resistance and we got closing below the key resistance now the previous high acting as the key resistance level so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.

EurCad : 19/12/2017 Technical Analysis Report From Centreforex

Our Preference: Sell below 1.5190 for the target of 1.5100
Alternative Scenario: Nill

Technical Commentary: In 4 Hour Chart :- EurCad was formed new upper trend line and its trading near the upper trend line and trading below the key resistance of horizontal line so we can keep stoploss above the key resistance level of horizontal line and sell below upper trend line and except upto next key support levels:- which we have shown in attached image.

By Subramanian From Centreforex