FX Reversals: EURCAD Resistance Update
The EURCAD starts Monday trading near a key line of resistance. A reversal would suggest prices challenging support near 1.4485.
The EURCAD starts Monday trading near a key line of resistance. A reversal would suggest prices challenging support near 1.4485.
When a pair is moving sideways, support and resistance levels can create advantageous trading opportunities.
When a pair is moving sideways, support and resistance levels can create advantageous trading opportunities.
Despite an overnight rally, the NZDJPY has not broken out above resistance. As price moves back into the range, traders will look for a return to support values.
Despite an overnight rally, the NZDJPY has not broken out above resistance. As price moves back into the range, traders will look for a return to support values.
This series show you how to benefit from knowledge of common patterns that specifically develop before trend resumption so you can limit your risk.
This series show you how to benefit from knowledge of common patterns that specifically develop before trend resumption so you can limit your risk.
Despite the breakout being the most dangerous market condition, traders continue to flock towards these environments.
Despite the breakout being the most dangerous market condition, traders continue to flock towards these environments.
The EURCAD has remained range bound despite a boost from Euro CPI figures. Traders will look for a potential reversal near resistance at 1.4551.