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EUR-CAD

Ecad breakout and should continue higherEcad has broke out of its consolidation and likely to go higher...just wait for pullbacks **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
EurCad generally still on the upa potential inverted H&S..could see more up side once 1.4760 is cleared... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
EURCAD: Buy opportunity on the HL trendline and 4H MA200.EURCAD nearly touched the two month HL trendline and the 4H MA200 today. With the 4H technical outlook on the red (RSI = 33.840, MACD = 09.994, ADX = 36.630) this is a strong buy opportunity on a one month time frame. The RSI getting oversold and rebounding, is following the path of the February 10th Low which rose slowly to nearly the 1.382 Fibonacci extension. We are buying, TP = 1.050500. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
5
Weekly timeframe - Short EURCAD As it can be seen in the chart, I decided to make a big short on this pair. Technically, I think it's clear why I think this could happen. Also, I'll put extra chart with daily time-frame in the description with another reason why I did this. Also, today's ECB's report - it's hawkish, at least that's what they want it to sound like. But, I think the market will show middle finger, and go opposite direction. Why? They're to slow with interest rate hikes, and current jump in the Euro strength was just "a dead cat bounce". This is one big position. I have another with daily time-frame, and more on a 1H time-frame. :) Go CAD. :D
Short
by jackiecap
18
EURCAD Bullish supported by the 1D MA50.The EURCAD pair has followed our projected path since the start of the year and recently broke above former Resistance 1: This was a bullish break-out signal, with Target 1 being at 1.51200. A rejection and pull-back to the 1D MA50 (blue trend-line) again, will be a new buy, with our Target being a little below the December 22 2020 Top at 1.5700. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
EURCAD | LOOKS LIKE IT COULD BE A GOOD BUYHi everyone and happy Monday! :) Let's start from the monthly: the price is aiming to break MA 50 and MA 100, and on the weekly, we have already crossed MA 200, which is a HTF confirmation suggesting a bullish bias in the market. Strong break through the daily resistance and the 4-hour bullish engulfing candlestick closure to confirm our entry. Today we will have two speeches by President Lagarde, one at 2 p.m. and the next at 4 p.m., so please keep that in mind.
Long
by FX-TradingLions
EURCAD: Top-Down Analysis & Trading Plan 🇪🇺🇨🇦 EURCAD is approaching a peculiar horizontal demand zone. The price formed a doji candle, testing that on a daily. Analyzing a 4H, I spotted a double bottom with a higher low. 1.458 - 1.462 is its neckline. If the price breaks and closes above that on 4H, I will expect a bullish movement. Goals will be 1.469 / 1.473. If the price sets a new low though, the setup will become invalid. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
3
EURCAD: Trading Opportunity - ShortThe EUR/CAD pair is heading towards a retest of the previous resistance area located between 1.46556 and 1.46278, which forms the upper boundary of the ascending channel with a monthly resistance line. I anticipate that the next target will be at 1.45102. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
Short
by Candlestick_OB
EURCADIn the daily time frame, we reached a strong resistance level, and in the lower time frames, we see weakness in the current movement. This weakness can be seen in the negative divergence and we expect to see the price return to the specified area in these areas. By checking the skewness coefficient, we realize that this weakness started from very low areas and became more obvious at the current peak. According to the news on both the euro and the Canadian dollar, it is not unlikely that it will hold for a few hours in this area and it is better to wait for the failure of the red area.
Short
by HamidRamezani1992