Today we will analyze the currency pair Canadian Dollar Euro (CADEUR) for internet stock trading in the FOREX stock market,
Stock Technical indicators to notice in Canadian Dollar Euro (CADEUR)
1- Last bullish trend was from 0.73 $ (2/1/2013) to 0.77 $ (3/27/2013) a 0.04 $ move 2- The current bearish trend started from 0.77 $ at 3/27/2013 and is currently trading at 0.75 $.
3- CADEUR current support level is at 0.73 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
4- CADEUR current resistance level is at 0.75 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Canadian Dollar Euro (CADEUR) Short term stock chart patterns for internet stock trading :

6- the currency pair was resisted by a resistance line, identified by two points: 0.770 and 0.822, and is currently resisting at 0.765.
Canadian Dollar Euro (CADEUR) Mid term stock chart patterns for internet stock trading :

7- the currency pair formed Double Bottom Pattern at 0.698 .
Canadian Dollar Euro (CADEUR) Long term stock chart patterns for internet stock trading :

8- the currency pair formed Double Bottom Pattern at 0.698 .

Stock Trading Conclusion:
Canadian Dollar Euro (CADEUR) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.748, 0.752, 0.753, 0.756, 0.756, 0.759, 0.761, 0.762, 0.765, 0.770,.
Stock Support levels : 0.734, 0.725, 0.712, 0.698,.