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EURCAD

eurnzd h2 long/short +200/+400 pips swing trade plan🔸Hello traders, let's review the 2hour chart for EURNZD today. Rangebound trading condition recently, currently expecting a re-test of the mirror S/R resistance overhead and then sellers will take over from the resistance. 🔸Key levels for EURNZD traders: 7860 s/r bulls, 8050/60 s/r bears, 7659 mirror s/r bulls level will get re-tested by the bears for liquidity. 🔸Recommended strategy for EURNZD traders: the sequence is long/short so you want to buy low off the s/r bulls at 7860 SL 40 TP +200 pips, this is the bounce play / re-test of the mirror s/r bears at 8050 then flip short at/near 8050+-10 pips SL 50 pips TP1 +200 TP2 +400 pips final exit bears at mirror s/r at 7650. this is a swing trade setup, patience required. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
16
EURCAD GONE !The EUR/CAD currency pair has recently shown an upward trend driven by divergent monetary policies, with the European Central Bank maintaining a hawkish stance while the Bank of Canada adopts a more cautious approach, increasing euro demand. Declines in oil prices have weakened the Canadian dollar, given Canada's reliance on oil exports. Technical indicators reveal breaches of key resistance levels, signaling sustained bullish momentum. Traders should monitor economic data, oil price trends, and central bank communications closely to adjust their strategies accordingly.
Long
by edl75
Heading into pullback resistance?EUR/CAD is rising towards the pivot and could reverse to the 1st support. Pivot: 1.48819 1st Support: 1.47444 1st Resistance: 1.49827 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
EURCAD Will Explode! BUY! My dear subscribers, My technical analysis for EURCAD is below: The price is coiling around a solid key level - 1.4798 Bias -Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.4912 My Stop Loss - 1.4731 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURCAD Will Move Higher! Buy! Here is our detailed technical review for EURCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.497. Considering the today's price action, probabilities will be high to see a movement to 1.503. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
EURCAD is in a Bullish PatternHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
2