EURCAD Local Long!EUR-CAD was trading in a
bullish pennant but now
We are seeing a bullish
Breakout and rteste
so I think that
The pair will go up!
Eurcad!
EURCAD 1day MA50 break out. Buy.The EURCAD pair crossed over the 1day MA50 yesterday for the first time in 6 weeks and today is closing over it.
This is a bullish extension signal towards at least the Falling Resistance.
Every bullish sequence in 2023 following a 1day MA50 break out has made at least a +4.21% rise.
Buy now and target 1.46800 (Falling Resistance).
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EURCADEURCAD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 1.4600.
What you guys think of this idea ?
EURCAD H4 | Bullish bounce off 38.2% fibo?Price could fall to our buy entry at 1.4449, which is a pullback support level, aligning with the 38.2% fibo retracement and 61.8% fibo projection. Our stop loss is at 1.4384, which is a pullback support level. Take profit is at 1.4530, which is the overlap resistance level.
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EURCAD - Looking To Buy Pullbacks In The Short TermH1 - Bullish trend pattern.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
EURCAD H1 | Falling to support level?Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 1.4436, which is a multi-swing high resistance.
Our take profit will be at 1.4385 a pullback support level. The stop loss will be placed at 11.4475, which is a swing-high resistance 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.
Forex Capital Markets Limited (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 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. 74% 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.
FXCM Australia 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.
EUR/CAD analysis Hello traders, EUR/CAD analysis is starting to form a bullish channel. I like the opportunity to buy in the short term
EURCAD I Potential bullish breakout Hello,Traders!
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ERUCAD is building bullish momentum after failing to create a new low
below 1.4330. Look for potential breakout to the upside for a target to
1.4445 - 1,4490 resistance. LONG!
Trade safe and good luck!
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Check out other forecasts below too!
EURCAD Potential DownsidesHey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.44 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.44 support and resistance area.
Trade safe, Joe.
EURCAD ShortOANDA:EURCAD
Looking at the current market situation, the price has recently hit the daily zone and formed a descending triangle pattern. Based on my analysis, I anticipate that the price movement will reach the upper boundary of the triangle and then experience a drop toward certain pre-defined levels.
EURCAD ____ INCOMING BULLISH MOVEHello Guys,
Like AUDCAD (inserted below), price cleared sell-side liquidity (relatively equal lows). Look left on your daily chart to see it.
After clearing the sell-side liquidity, price formed a CHOCH on the daily chart.
I'd like to see a retracement into the daily order block and wait to see if my trade setup will appear before going long.
Follow for more updates.
AUDCAD ANALYSIS
Cheers,
Jabari
EURCAD Massive Long! BUY!
My dear followers,
I analysed this chart on EURCAD and concluded the following:
The market is trading on 1.4350 pivot level.
Bias -Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.4413
Safe Stop Loss - 1.4317
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.
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WISH YOU ALL LUCK
NZDCAD I Long Opportunity from Support
Welcome back! Let me know your thoughts in the comments!
** NZDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURCAD → A symmetrical triangle can be broken through FX:EURCAD is in consolidation of the "symmetrical triangle" format. When one or another line (resistance or support) is broken, an impulse may be formed
This pattern, indicated on the chart, does not have a clear further direction, as it is a consolidation and the price breakout of one of the borders of the figure will determine for us the further direction in the short term.
Earlier the resistance of the descending channel was broken, most likely, the imbalance, which the market maker seeks to eliminate, is above the zone 1.4663, but before further growth the market should form a consolidation. Support at 1.4369 or 1.424 may be tested before rising. If the price breaks the resistance at 1.446 soon, further movement will become obvious. Moving averages are pointing to a near-term burst of activity.
Support levels: 1.4369
Resistance levels: 1.446
In the long term, I expect growth. But, before the growth there may be a local fall and support retest. A breakthrough of 1.446 will be a buy signal. A breakout of 1.4369 will be a sell signal.
Regards R. Linda!
Strifor || USDCAD-10/13/2023Preferred direction: BUY
Comment: The US dollar strengthened against the general background and against the Canadian. Now the price is at the level of 1.36545, which most likely foreshadows further strengthening of the buyer. It is excellent to take a long position from this level; one can comfortably place a stop under the level and, in case of a stop loss, try to calmly re-enter. The target of growth is updating local max.
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Sell Idea on EURCAD On one week consolidation in pass price broke uptrend downwards, then retest to HL then dropping to creat LL on week chart. long term trade on sell idea
EUR/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
We are going short on the EUR/CAD with the target of 1.437 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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eurcad bearish ideaeurcad im looking for sells as its stop it hunt previos sellers aleady and structurly shifted to dwon side in small tf ,,wait for proper confirmation before in
EURCAD - Elliott Wave CountEURCAD - Elliott Wave Count
EURCAD - The market appears to be in correction. minor degree wave C is expected to start to complete Wave B and then the price is expected to decline with wave C/Y.
Once the WXY correction is completed we can expect the next impulse up move.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
FX:EURCAD OANDA:EURCAD FOREXCOM:EURCAD PEPPERSTONE:EURCAD SAXO:EURCAD CAPITALCOM:EURCAD FX_IDC:EURCAD
EUR/CAD BULLS ARE GAINING STRENGTH|LONG
Hello,Friends!
EUR/CAD is making a bearish pullback on the 3H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.448 level.
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Strifor || USDCAD-10/09/2023Preferred direction: BUY
Comment: The Canadian is also prone to fall against the dollar. At the moment, the price is trading at the level of 1.36545, and given this fact, in the near future the price may fall a little further below the level, in the form of a breakout. A deep potential false move down is not expected. The purpose of the purchase here will be the same as on other major currency pairs, namely updating extremes.
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