Get started

EURCAD

EURCAD Under Pressure! SELL! My dear friends, My technical analysis for EURCAD is below: The market is trading on 1.4844 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.4774 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. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
EURCAD Is Bearish! Short! Take a look at our analysis for EURCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.478. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.461 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
EURCAD: Bearish Setup at Key ResistanceEURCAD is consolidating after a sharp rebound from lower levels, but the overall structure still hints at a bearish setup. The price is now approaching a key resistance zone around 1.5000–1.5120, a level where sellers have historically shown strong activity. Will the resistance hold, or will buyers push further? The reaction here will be critical. The current setup suggests that the price may retest the resistance zone before being rejected and starting a move toward the support at 1.4862. A break and consolidation below this level could open the way toward deeper support around 1.4700 and potentially lower. However, a breakout and consolidation above 1.5120 would invalidate the bearish scenario and signal a potential continuation of the bullish trend.
Short
by TrendDiva
EURCAD Will Go Higher! Buy! Please, check our technical outlook for EURCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.476. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.480 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
Bearish reversal off 61.8% Fibonacci resistance?EUR/CAD is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.48821 Why we like it: There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 1.49410 Why we like it: There is a pullback resistance level. Take profit: 1.47454 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
Potential bullish bounce?EUR/CAD is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.48219 1st Support: 1.47448 1st Resistance: 1.49226 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
EURCAD (8H) DOWNTRENDThe EURCAD remains bearish as price respects lower pivot highs and holds below critical moving averages, confirming the ongoing downtrend. Sell Entry Zone: 1.4974 SSO @ 1.4890 ⌛️, add-on TP1: 1.4865 TP2: 1.4773 TP3: 1.4705 TP4: 1.4601 Watch the demand zone (1.4576 - 1.4486) for a potential bounce or consolidation. Buyers might emerge around the 1.4852 - 1.4773 range as indicated by some bullish moving averages. Oscillators highlight that price is neither strongly overbought nor oversold, leaving room for further bearish continuation or temporary consolidation. Enter near 1.4974 with stop-loss above 1.5032. Target TP levels in sequence as price moves lower. Monitor the 1.4576 - 1.4486 demand zone for bullish price action signals. Place conservative buy orders only if the price confirms a strong reversal. RESISTANCE Major resistance is observed at 1.5060 (Sell Stop Loss), with a significant supply zone near 1.5032, which aligns with previous pivot highs. Another intermediate resistance is noted at 1.4974, marking the latest sell order entry point. SUPPORT Minor Support (1D): 1.4785, coinciding with the first take-profit level. Further support at 1.4773 (Mid Pivot TP2) and 1.4705 (Sell Order TP3), with an ultimate TP4 at 1.4601. A potential demand zone exists between 1.4576 and 1.4486, signaling a possible reversal area if the downtrend extends further. TREND Price has consistently failed to breach resistance levels, consolidating below the 1.4974 zone, which acts as a sell-entry trigger. The chart confirms strong selling pressure with each pivot high and "DT Signal" (Downtrend Signal) leading to new lower lows. OSCILLATORS The majority of oscillators indicate a neutral sentiment, but momentum indicators show bearish pressure building up: Momentum (10): At -0.00838 (Sell), confirming downward pressure. MACD Level (12, 26): Shows a weak bearish crossover at 0.00040 (Sell). Bull Bear Power: At -0.00189 (Sell), reinforcing selling sentiment. MOVING AVERAGES Exponential Moving Averages (10, 20, 50, 100): All indicate selling pressure with prices trading below these levels. Simple Moving Averages (10, 20, 100): Confirm the bearish outlook. Simple Moving Averages (30, 50, 200): Indicate possible support on larger timeframes. Exponential Moving Average (30): Signals short-term buy potential around 1.49066. Hull Moving Average (9): Indicates short-term buying sentiment near 1.48533, suggesting price consolidation before further movement.
Short
by ProfessorCEWard