EURCAD sitting cosy for the weekend!

Good evening ladies and gentlemen

An end to another week in the market. I hope it's been one of profit and/or progression. Once again the weekend will give you a chance to reflect and make any necessary changes!

So lets see how the EURCAD has ended play today. Being Friday, I didn't really expect to see any big moves. Below is the 4 hour chart and we can see that price had done a double top and has not broken through the previous high! It has found some comfort within the S and R zone and the squeeze. I think this is an interesting place to leave her for the weekend. Lets see what the market has to offer us next week and act accordingly. We may be in for a lucrative week next week or we just see some osciallation until she bursts the squeeze again.



Come Sunday do your own analysis for the week ahead. What do the indicators say? Is there a BOB for ESLT? Has the S and R zone been broken? Are we at a Fib Breather level? Any candlesticks and chart patterns of relevence? I will stay with this currency next week as we may be in for some exciting action next week!!

I will leave you with this thought "God's delays are not God's denials!"

I bid you all a fantastic weekend!

Till Monday

Abundance is your Birth Right

Zaheer Anwari