ByLCMS Traders FX Analysis Team
AUG 31, 2021
EUR/CAD Daily Forecast
EUR/CAD had two movements yesterday before closing almost unchanged at 1.4872. Currently, the pair is trading at 1.4885 with immediate resistance levels at 1.4900 and 1.4941. The intraday support levels are at 1.4845 and 1.4819.
On the intraday charts, the pair is once again trading within the ongoing range. However, the pair is keeping above the moving averages. The SMA-14 is at 1.4824 and the SMA-50 Support line is at 1.4739. The mid-Bollinger band is at 1.4815 and the upper and lower bands are at 1.4981 and 1.4647 respectively. The RSI is at 54 and has an upwards curve. Considering, the nearby support levels and analyzing the current trading range, the pair is likely to move above the 1.4900 mark which makes it ideal for buying entries using the following levels
Direction: Buy
Entry: 1.4860
Take Profit: 1.4920
Stop-Loss: 1.4815
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
