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Thread: Eur/cad analysis

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    Default Eur/cad analysis

    Looking at the EUR/CAD pair for 4 hours, it is noticeable that it is gaining some pips at the price level of 1.3290 Should there be a continuous appreciation in the price, the next resistance level will be 1.3295 with the next support level at 1.3255.

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    Reliability in brokers is missing so traders can’t entrust their fund into a broker. Many brokers are being established with the intention of money making not to serving traders with the best service. So, broker’s regulation is important for traders because traders trust a regulated broker. To ensure smooth trading ability, FXOpulence offers reliable mt5 trading platform, fast trade execution, narrow spread, multiple payment solutions and high security of funding.

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    Keep your motivation alive as long as you stay with the market. Being on the right track in Forex is difficult but not impossible. Without being sure about any market signals, traders shouldn’t take any entry.

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    Choice of trading style has a high impact on traders’ trading. Hedging is a good way to escape awkward situation. Some traders consistently follow this trading approach even though I don’t follow this approach all the time.

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