EURCAD 1Hour Signal Chart

Follow signal progress on the chart below.

Euro vs Canadian Dollar 60 minute chart (click on chart to zoom)

EURCAD Comment

Good evening , This is our view regarding the Euro vs Canadian Dollar pair, following the North American session today Wednesday October the 11th. By: Sherif Butt – www.LIONsignals.com


The Euro vs Canadian Dollar pair, Has surged higher during the North American session this afternoon. With the pair gaining nearly 15 pips, it continue’s to move down in a strong BULLISH trend as it did in the past days ( view Daily chart below ).
On the other hand, EURCAD is holding well above the long term 200 days simple moving average (thats why we dont recommend any long trades on the EURCAD for the coming days).
The 50 and the 20 days simple moving averages are also confirming continuation for the well established BULLISH trend.
CONCLUSION: As per above general BULLISH trend; Only Short trades to be considered following completion of any counter trend rising correction on the 60-minute chart.

πŸ”» Sell Signal Details

Time Wed 2017.10.11 18:45
Pair EURCAD
Sell@ πŸ”» 1.4825
Stop @

None Re-check for Update!

1s TP @

None Re-check for Update!

2nd TP @

No 2nd TP!

Euro vs Canadian Dollar Sell signal information table


EURCAD Chart

EURCAD Daily Live Chart


(Note: This conclusion is only valid as long as price is holding below the 200 periods simple moving average (red dotted line) on the 60-minute chart,
A Short signal is available now for review on the right
)

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