EURCAD Breakout SituationEURCAD has found support at arounf 1.45 and failed to create a lower low. It has now broken the trend line that has supported the downtrend wich probably means that a upside continuation will happen in the near future.
Eurcad!
EURCAD, Can the bulls take it from hereEURCAD
Hello traders, welcome back to another market breakdown.
In this video I breakdown the EURCAD pair from higher to lower time explaining the reasons that might make the price bullish.
Trade safely,
Trader Leo
Strifor || USDCAD-08/09/2023Preferred direction: BUY
Comment: The short-term for the Canadian dollar has changed a little and if you are still in purchases for this currency pair, then it is best to transfer to breakeven, and also do not forget to use a partial fix. However, in the medium term the instrument has a potential move to 1.36545.
Thank you for like and share your views!
EURCAD: Bullish Continuation
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURCAD.
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EURCAD - Rising WedgeEURCAD is Currently in Rising Wedge, If it breaks the rising wedge towards the downside, We will take a sell stop entry at the break of Recent HL. Keeping Stoploss above recent HH.
EURCAD - from Daily to H1📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for EURCAD.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
EURCAD: Bullish Outlook Explained 🇪🇺🇨🇦
EURCAD is trading in a bullish trend.
After the price set a new high in July, the market started a correctional movement.
The price perfectly respected 1.45 support.
A strong bullish wave initiated from that and the market managed to violate a local
horizontal resistance.
It will most likely trigger a further bullish continuation.
Next goal - 1.4835
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EURCAD Potential DownsidesHey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.47700 zone, EURCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.47700 resistance area.
Trade safe, Joe.
EUR/CAD The Target Is DOWN! SELL!
My dear friends ,
My technical analysis for EUR/CAD is below:
The market is trading on 1.47505 pivot level.
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Target - 1.47068
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EUR/CAD SHORT FROM RESISTANCE
Hello,Friends!
EUR-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.458 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/CAD pair.
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EURCAD I Pullback to 50% fib and more potential upsideWelcome back! Let me know your thoughts in the comments!
** EURCAD 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 ____ INCOMING BULLISH RALLYHello Guys,
EURCAD price movement is one which is of great interest to me and is on my radar. The monthly, weekly, and daily structures are all aligned for a bullish rally.
You'd notice that the price, however, didn't get to the weekly order block but it doesn't necessarily have to because price has formed a bullish price action on the daily chart hence the daily order block you see on my chart.
All I have to do is wait for the price to enter the daily order block and I will go into the 1-hour timeframe and look for my trade setup to go long.
I'd suggest you also monitor this pair.
Follow for more updates like this.
Cheers,
Jabari
Strifor || USDCAD-08/07/2023Preferred direction: BUY
Comment: The formed balance right at the resistance level of 1.33347 indicates a serious mood of buyers who are aiming to break through this level. In the very near future, most likely, market participants will be able to observe an upward impulse due to the sellers accumulated in the balance. Growth prospects locate at the resistance level 1.36545.
Thank you for like and share your views!
EURCAD - 4hrs ( Buy Trade Target Range 210 PIP ) Pair Name : EUR/CAD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 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 ( Long after retest )
Type : Mid Term Swing
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Bullish Retest area
1.46700 Area
Reasons
- Major Turn level / d
- Visible Range lvn
- inner Choch
- day / week high
Bearish Retest
1.48900 Area
Reasons
- Major Turn level / D
- Visible Range Lvn
- major Choch / Liquidity
- Pattern Target
- Quarter's Area
EURCAD to 1.49 at least this weekExpecting further upside this week on EURCAD
Last week closed strong bullish to setup this week
Classic break and retest set up of 1.46 key level and 1.45 daily pivot area (79% retracement)
Looking to enter on start of week retracement with stops below 1.45 invalidation area
Targets at 1.49-1.50
Follow for more
EURCAD LONG - HTF TREND CONTINUATION!Waiting for a retest of 1.46226 to long EURCAD back to 4H swing highs at 1.48605
If you agree drop a like and if you have any questions leave a comment :)
EURCAD LIKELY MOVE Eurcad may likely resume the continuation of the uptrend considering the movement of the wave. The likely move for the week is indicated with arrows
EUR/CAD Set To Fall! SELL!
My dear subscribers ,
I analysed this chart on EUR/CAD, and concluded the following:
The price is coiling around a solid key level - 1.47322
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 1.46522
My Stop Loss - 1.47774
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EUR/CAD BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
EUR/CAD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 17H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.458 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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ECAD - BREAKOUT FROM DOUBLE BOTTOM + TREND LINEH4 did nice breakout from double bottom + trend line to up side
Let's find BUY entry in smaller time frame.
JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER.
FX:EURCAD OANDA:EURCAD FOREXCOM:EURCAD
EURCAD: Short Signal Explained
EURCAD
- Classic bearish setup
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell EURCAD
Entry - 1.46861
Stop - 1.47437
Take - 1.46004
Our Risk - 1%
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EURCAD: Double Bottom Surge! Watch Out for Key News TodayHello, Traders!
We're seeing an optimistic market scenario unfold with the recent double-bottom confirmation on the 4-hour timeframe for our pair. It strongly indicates a potential upward swing, and we may see levels rising to 1.477 and above. Coupled with the overall bullish market direction, this aligns perfectly with our trading predictions.
Today, the market's pulse will be determined by key economic events and news. Noteworthy among these are:
The Bank of England Minutes and Monetary Policy Report.
BoE's Interest Rate Decision and Governor Bailey's speech.
US Challenger Job Cuts and Initial Jobless Claims for July.
USD Nonfarm Productivity for Q2 and ISM Services PMI for July.
These are crucial market influencers and can cause quick price fluctuations. Keep an eye on these indicators and stay prepared to adapt your positions accordingly.
EURCAD Potential DownsidesHey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.46600 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46600 support and resistance zone.
Trade safe, Joe.
