Euro Canadian Dollar (EUR/CAD) - 30/04/2008 - Archive

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,5780. EUR CAD is in a range between 1,5750 and 1,5930. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. The price should find a support above 1,5750. If the support is broken then the target will be 1,5500. We won't take a position.

Resistances
1,5795 - 1,5850
Supports
1,5750 - 1,5710
updated 30 avr 2008 05:34 GMT +02:00

Forex Forum

English
Français