Chart of the Day – EURCAD – (July 16th 2019)
Last week we highlighted the NZDCAD which had the potential to rally. Today, we will highlight the EURCAD which is sitting on weekly trend line support.
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Posts
Chart of the Day – EURUSD- (June 27th 2019)
The EURUSD is quietly consolidating above the 200dma as price action continues to compress into a pennant.
Chart of the Day – EURUSD- (June 24th 2019)
The EURUSD has closed above the 200dma and also the 35% Fibonacci retracement of the Sept 2018 highs to April 2019 lows.
Chart of the Day – EURAUD- (June 18th 2019)
The EURAUD reversal from new trend highs is pretty spectacular.
Chart of the Day -EURJPY- (June 5th 2019)
The EURJPY tested major resistance ahead of the ECB meeting. When a pair hits a level so many times, we often refer to that level the “bull/bear” line.
Chart of the Day -EURUSD- (May 23rd 2019)
The EURUSD is at risk of a double bottom being formed since the 1.1110 level held as support once again.
Chart of the Day -EURJPY- (May 9th 2019)
Alongside the bear flag competing when the pair traded below the 123.00 level a pin bar was posted which could signal a near term bounce in the pair.
Chart of the Day -EURUSD- (May 8th 2019)
The EURUSD has developed a triangle consolidation despite the AB=CD pattern pointing lower. Obviously, the risk moving forward is the China/US trade deal in the coming days.