Thread: Eur/cad analysis

Looking at the EUR/CAD pair for 1 hour, it is noticeable that it is gaining some pips at the price 1.4420 level Should there be a continuous appreciation in the price, the next resistance level will be 1.4450 with the next support level at 1.4415.

I am less interested in hedging even though it is beneficial at times. You can escape a hazardous situation through hedging and Eurotrader never puts any restrictions on such types of trading. You can feel free to execute your strategies through this broker.

Absolutely, the ability to analyze is indeed a crucial factor that greatly influences trading outcomes. It's commendable that you are actively honing your analytical skills to further develop and stay focused. By doing so, you will be able to engage in forex trading to the fullest and benefit from it with Tickmill. Continuous improvement and a disciplined approach to analysis are key to achieving success in the forex market.