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Eurcad!

Sell EURCAD Bearish ChannelThe EUR/CAD pair on the M30 timeframe exhibits a bearish signal due to a well-defined downward channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Key Points: Bearish Channel: The price has been confined within a descending channel characterized by two falling lines, one for resistance and one for support. This pattern indicates ongoing selling pressure and potential for further decline. Sell Entry: Consider entering a short position around the current price of 1.4503, situated close to the channel resistance. This offers an entry point near a potential reversal zone. Target Levels: Initial bearish targets lie at the support levels of 1.4465 and 1.4452, marking previous support zones within the channel. Stop-Loss: To manage risk, place a stop-loss order above the channel resistance line at 1.4523. This helps limit potential losses if the trend breaks unexpectedly. Thank you
Short
by KABHI_FOREX_TRADING
10
EURCAD - Wait For The Bulls 🏹Hello TradingView Family / Fellow Traders, On Daily: Left Chart EURCAD has been bearish but it is currently approaching a robust support zone so we will be looking for buy setups on lower timeframes. On H4: Right Chart 📈 For the bulls to take over, we need a momentum candle close above the last major swing high marked in red. 📉 Meanwhile , EURCAD would be bearish short-term and can still trade lower inside the daily support. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
⚡️Strifor || USDCAD-07/02/2024Preferred direction: SELL Comment: In addition to the euro and pound , the priority for selling the US dollar also applies to other majors . In this case, we will analyze USDCAD . In the medium and short term, the instrument is looking down quite confidently; we do not rule out a potential small rollback upward, but the main mood is, of course, bearish. In this regard, we highlight two main scenarios. Level 1.34000 acts as a target here for both scenarios. Scenario №1 is more about a short-term login attempt, and scenario №2 is more medium-term. Of course, scenario №2 will be more conservative than scenario №1 . One may also consider two scenarios simultaneously using the method of gradually gaining a position. Thank you for like and share your views!
Short
by Viktor_strifor_analyst
1
EURCAD Massive Long! BUY! My dear subscribers, EURCAD looks like it will make a good move, and here are the details: The market is trading on 1.4498 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.4525 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
Long
by AnabelSignals
1
Yemi_Fx1 | Bearish Setup and opportunity on EURCAD EURCAD recently broke out of a wide-ranging consolidation zone between 1.4400 and 1.4650. The breakout was followed by an upward impulse move, reaching a high of 1.4620 before pulling back slightly. The current price is testing a key resistance level around 1.4570. A rejection at the current level could lead to a pullback towards the previous support area around 1.4500 And a potential bear flag pattern has emerged on the 4-hour chart. This pattern is characterized by a preceding impulsive move, a consolidation phase, and a downward breakout from the consolidation. If the pattern hold This will lead to move in the favour of the bears. If you found this helpful please support your fellow trader with a like.
Short
by Yemi_Fx1
Eurcad for a shortTradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Cad seems to be pretty strong as compared to other majors (except USD) Let's see if we do have oppo to short this pair. Same for AudCad Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* 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. *********************************************************************
Short
by Shadowing_The_Big_Boys
⚡️Strifor || USDCAD-30/01/2024Preferred direction: BUY Comment: The setup for long the Canadian dollar has changed a little, but as you can see, the direction is still in favor of the buyer. Limit purchases will most likely show themselves soon. Most likely, you will have to hold the deal until the Fed meeting, and also possibly until non-farm. The main growth target is the level of 1.36000 . After which, with a high degree of probability, the instrument will reverse into a deeper downward correction, or form a wider accumulation range. Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1
EURCAD Sellers In Panic! BUY! My dear friends, Please, find my technical outlook for EURCAD below: The instrument tests an important psychological level 1.4560 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.4609 Recommended Stop Loss - 1.4533 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
EURCAD H4 | Potential bearish breakoutEURCAD could fall towards an overlap support and potentially break through this level to drop lower. Sell entry is at 1.44854 which is a potential breakout level. Stop loss is at 1.45612 which is a level that sits above an overlap resistance. Take profit is at 1.43862 which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
2
EURCAD The Target Is UP! BUY! My dear followers, I analysed this chart on EURCAD and concluded the following: The market is trading on 1.4536 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.4607 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURCAD Analysis Price is currently in a William-Certified RangeEURCAD Analysis Price is currently in a William-Certified Range (WCR), hovering near the 4H Support at 1.45500. Scenario 1: BUY entries can be taken the moment a bullish confirmation pattern is formed, with targets set at the 4H Resistance at 1.47200. Scenario 2: SELL entries can be taken after price breaks through the 4H support, retests it and forms a bearish confirmation pattern. Targets will be placed at the next 4H Support at 1.44800.
by chamitha45