Eurcad!
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.
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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