Community
Blog
aslamhammad's Blog

aslamhammad's Blog

Avatar

EUR/CAD

aslamhammad Posted 15 June as Analysis on EUR/CAD, Target: 1.4300, Date: 3rd of August, 12:00 GMT  in #Technical analysis #EUR/CAD
Monthly Chart

Well after previous pin bar candle, i think price became oversold earlier, and now price is beginning to gain demand, should be moving toward the middle bollinger band area around 1.4300 by 3rd August 2015 .

Daily Chart

Earlier price had a shooting star candle in the daily around 1.4162 where price had become earlier overbought, currently price is ranging, but still above the 50day moving average which is around 1.3680, so as long as price is trading above 1.3700 in other words…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

1 Comments
aslamhammad avatar
aslamhammad 1 Aug.

Well i was pretty close on this on, as Currently closing price on Friday was around 1.4380 around the neckline

orto leave comments
Avatar

EUR/CAD

aslamhammad Posted 15 Sep. as Analysis on EUR/CAD, Target: 1.4020, Date: 1st of November, 12:00 GMT  in #Technical analysis #EUR/CAD
Euro is currently climbing against the Canadian dollar, so i think we're going to see it reach 1.4020 by 1st of NovemberDaily Chart:Weekly Chart:
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

1 Comments
aslamhammad avatar
aslamhammad 16 Sep.

Trend is bullish in the daily Chart, but in the monthly chart it's also kind of overbought....Which means the that there is also possibility that by 1st of November it could go down to 1.3630....It all depends on some fundamentals that could drive the trend higher or bring it down again...

orto leave comments