EUR/CAD 4H Chart: Selling Signals

The single European currency has edged lower by 1.00% against the Canadian Dollar since the beginning of February. The currency pair breached the 50–” period SMA last week.

Technical indicators suggest selling signals on the daily time-frame chart. The exchange rate will most likely continue to decline during the following trading sessions.

However, bears are likely to encounter a support level formed by the weekly S1 at 1.5333 within this week’s trading sessions.

1 view0 comments

Recent Posts

See All



Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognize that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. Smart Analysis Pvt takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.


Credit  & Debit Card

  • Black Facebook Icon
  • Black Instagram Icon
  • Black YouTube Icon

© 2023 by Personal Life Coach. Proudly created with