Hot-Charts
EURCAD
by
Mar 17, 2009 13:54
| 3 Comments

EURCAD at 2-month highs testing the 50% retracement of the decline from the 1.7511 high to the 1.5640 low, risking to peak out. Unexpected strength in US Feb housing starts and building permits in contrast with prolonged deterioration in Canadian Jan factory sales supports the outlook for the single currency (due to continued risk appetite from US data) at expense of CAD. EURCAD tests EURCAD requires the breach of the 1.6580 point in order to pave the way for 1.6800. A EURUSD close above $1.30 and prolonged support in EURGBP above 0.9150 helps signal persistent EUR bullishness. Support stands at 1.6330.
More Hot-Charts
-
Managing Gaps إدارة الفجوات
Apr 10, 2025 16:09 | by Ashraf Laidiسأرسل رسالة صوتية و كتابية توضيحية للمجموعة حول هذه المخططات . Will send a detailed note on the latest technical parameters to our WhatsApp Bdcst Group .. -
S&P 55 WMA بعد كسر
Mar 31, 2025 14:12 | by Ashraf Laidiسأرسل مذكرة توضيحية للمجموعة حول هذه المخططات - Will discuss the latest technical parameters on the WhatsApp Bdcst Group - -... -
Gold YTDs الذهب 2008 و2016
Mar 20, 2025 10:42 | by Ashraf Laidiسأرسل مذكرة توضيحية للمجموعة حول هذه المخططات - Will discuss the latest technical parameters on the WhatsApp Bdcst Group ..
Nomis, Im staying away from the CHF. Maybe it will do well against USD during the current market bounce, but it's a better opportunity to sell it vs AUD, NZD, NOK and even GBP. Btw, Year to date, Swiss is worst performing currency.
-- I want to take this opportunity to thank Ashraf for a lot of great insights since many years and hopefully many more to come. I'm a big fan of yours. Cheers!