EUR/CAD Will Collapse! SELL!
My dear subscribers ,
EUR/CAD looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 1.47784
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.46995
My Stop Loss - 1.48188
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
Eurcad!
EUR/CAD LONG/ BUY🔰 Pair Name : EUR/CAD
🔰 Time Frame : 4H
🔰 Scale Type : MID Scale
🔰 Direction : LONG/BUY
From a technical standpoint, the market currently exhibits an opportunity to rectify an existing imbalance. The prevailing price trend suggests a potential adjustment that would amplify selling pressure. From a fundamental perspective, it has been widely acknowledged that the Canadian dollar (CAD) has weakened subsequent to the release of disappointing Consumer Price Index (CPI) data. Conversely, the Euro (EUR) continues to find support due to hawkish discussions emanating from the European Central Bank (ECB).
Short Opportunity Ready To Enter On EUR/CAD To Get 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURCAD - SHORTThere is a major break looming in this pair! Not that the Loonie by itself would be the end-all but as part of NAFTA it ought to vaporize the Euro rather effortlessly - just at it's been doing to the Aussie already, for quite a while now. (Now, if they just got rid of their neo-Marxist government and US-esq, deranged, monetary mismanagement ... ;-) On the long run, the CAD is in the position to be a valid alternative to the USD for Dollar bulls. (... of whom I am one.)
EUR/CAD Under Pressure! SELL!
My dear friends ,
My technical analysis for EUR/CAD is below:
The market is trading on 1.47930 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.47166
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
EURCAD Trade Update I 280+ Pips!🔥Welcome back! Let me know your thoughts in the comments!
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EUR/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
Previous week’s green candle means that for us the EUR/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.457.
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EURCAD - 4hrs ( Buy Trade Target Range 240 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 )
Type : Mid Term Swing
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Bullish Retest
1.45350 Area
Reasons
- Major Turn level / M
- Visible Range lvn
- inner Choch
- Pattern Break Out
- Fixed Range Lvn
Bearish Reversal
1.47500 Area
Reasons
- Major Turn level
- Visible Range value
- Visible Range Lvn
- Quarter's Area
- Fibo Golden
EURCAD - 4hrs ( Up + 60 PIP / Tp 1 > Full Tp 180 PIP ) Pair Name : EUR/CAD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
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VIP Opportunity
Take Profit 1
Account Growth = 5 %
Pip' Achieved = 60 PIP
EURCAD - 4hrs ( Up + 180 PIP / Tp 3 ) Pair Name : EUR/CAD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1 + 2 + 3
Account Growth = 15 %
Pip' Achieved = 180 PIP
EURCAD: Plan is being executed perfectly.EURCAD is on a strong rise following the double Support test as outlined on the plan we published 6 weeks ago (see chart at the end). The 1D timeframe is on green technicals (RSI = 64.005, MACD = 0.003, ADX = 30.986) but the RSI is near the top of the 8 month Channel Down, so it would be justifed to see a technical pullback near the 1D MA50 before the 2nd part of the rally.
TP1 = 1.46480 is already hit, TP2 = 1.47485 is near so we will be prepared to add another buy if the price pulls back. We place a new target on the Symmetric R (TP3 = 1.49360) and will only pursue TP4 = 1.51145 if the 1D MA50 holds after a new pull back. Otherwise the trend will turn bearish again to the lower S levels.
Prior idea:
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Strifor || USDCAD-07/13/2023Preferred direction: SELL
Comment: When approaching the support level of 1.31385, the currency pair immediately received a signal from buyers and rebounded. However, most likely this is a partial fixation of sellers whose ambitions locate below this support. By the end of this week, it is expected that the instrument will drop below this level. Before the weekend, the currency pair is likely to begin to recover slightly.
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EURCAD - NEW BULLISH MOVE📈Hello Traders👋🏻
On The Daily Time Frame The EURCAD Price Reached a Resistance Level (1.46028 - 1.46496).
Currently, This Key Level is Broken (Resistance Level Becomes new Support Level)🔥
So, I Expect a Bullish Move📈
i'm waiting for a retest...
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TARGET: 1.47200🎯
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EURCAD above the 1D MA50, aiming at 1.49250 by end of the month.The EURCAD pair has established trading above the 1D MA50 in the past 3 days and today should attempt to re-test it as a Support. Technically, this is the start of a bullish leg similar to Feb 15- Apr 25 towards the yearly High. Even though the last confirmation will be when the 1D RSI breaks above its Lower Highs trend-line, we are going already long on EURCAD to take advantage of the low price and target the 0.786 Fibonacci retracement level (1.49250) initially and the 1.51150 High in extension.
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