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Eurcad!

EURCAD - 4hrs ( Sell Trade Target Range 180 PIP ) ☑Pair Name : EUR/CAD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— ☑Bearish Break 1.46800 reasons - Major Turnn level / D - pattern Break - Fixed Range Break - Visible Range Lvn - Channel Break - Fibo Golden Zone - Choch Zone ☑Bullish Reversal 1.44500 Area Reasons - Major Turn level / M - Pattern Target - daily Choch - Trend Line Area - quarter's low Area - Fibo Golden - Visible Range Lvn
Short
by GoldenEngine
1
MarketBreakdown | Dollar Index, Silver, EURCAD, WTI Oil Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ Dollar Index #DXY daily time frame 💵 Dollar Index nicely respected a key daily horizontal resistance. We see a nice bearish reaction to that today. Because of the absence of important fundamentals, I think that DXY may keep staying under a bearish pressure. 2️⃣ Silver #XAGUSD daily time frame 🪙 The price action on Silver contracts. The market is currently stuck between 2 trend lines, forming a classic symmetrical triangle formation. Before the release of the news, the market will most likely stay within the triangle, respecting its upper and lower boundary. US fundamentals this week can be a catalyst for a breakout. The side of the breakout will indicate you the future direction of the market. 3️⃣ #EURCAD daily time frame 🇪🇺🇨🇦 The market is approaching a significant confluence zone based on a recently broken horizontal support and a trend line. The broken structures compose a supply zone from where we may see a bearish movement. Patiently analyze the reaction of the price to that on lower time frames and look for a confirmation to sell. 4️⃣ #WTI CRUDE OIL 🛢️ The market is currently stuck between 2 horizontal structures within a narrow range. I will wait for a breakout of one of the structures to confirm where the market will go next. ❤️Please, support my work with like, thank you!❤️
TVC:DXYShort
by VasilyTrader
1
EURCAD - Look for a short !!Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for short position. My point of interest is if price makes a retracement and fills the imbalance higher, then rejects from bearish order block + trendline. Fundamental news: Next week on Tuesday (GMT+3) we will see results of CPI in Canada, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
EURCAD: Your Trading Plan Explained 🇪🇺🇨🇦 EURCAD looks quite exhausted after a strong bearish movement in the morning. The price is currently testing a key daily support. I think that the price may pull back from that. Your confirmation to buy will be a bullish breakout of a neckline of a double bottom pattern on 1H time frame. An hourly candle close above 1.4723 will confirm a violation. A bullish movement will be expected to 1.4745 level then. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
Bearish reverse off 38.2% Fibonacci resistance?EUR/CAD is rising towards the pivot and could potentially reverse to the support which has been identified as a pullback support. Pivot: 1.48381 1st Support: 1.47755 1st Resistance: 1.49088 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 - 4hrs ( Sell Trade Target Range 150 PIP ) ☑️Pair Name : EUR/CAD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🛡 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ⌛ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 1.47350 Area reasons - Major Turn level - Channel Break - Choch Zone - Fibo golden - Inner Counter Bullish Reversal 1.46300 Area reasons - Major Turn level / D - Pattern Target - Choch Zone - Fibo Golden - Visible range lvn
Short
by GoldenEngine
EURCAD Massive Short! SELL! My dear subscribers, EURCAD looks like it will make a good move, and here are the details: The market is trading on 1.4851 pivot level. Bias - Bearish My Stop Loss - 1.4884 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.4805 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
EURCAD:Key Level and French Election ImpactHello Traders, In today's trading session, we're closely monitoring EUR/CAD for a potential selling opportunity around the 1.48100 zone. The pair had been in an uptrend but recently broke out of it, entering a correction phase. It is now approaching the 1.48100 area, which acts as a key support and resistance zone. On the fundamental side, the recent EU parliamentary elections in France resulted in a significant majority for a far-right candidate, who has historically advocated for France to leave the EU. This development has weakened the EUR. Moreover, President Macron's decision to call for an early French election has heightened political instability, posing additional risks to the EUR. Stay vigilant and trade safe, Joe
Short
by JoeChampion