EURCAD
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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✔️ 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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➡️ 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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EURCAD Analysis 11July2023if you look at the movement of this pair on the D1 time frame, it looks like the price is stuck at a fairly strong resistance, and last week the price managed to breakout from the resistance (SR Flip). if you look at the bullish candle that formed a few days ago, the possibility of continuing the bullish trend is still strong. you can go long when the price approaches the SR Flip area.
EURCAD Potential DownsidesHey Traders, in this week we are monitoring EURCAD for a selling opportunity around 1.48 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 1.48 supply and demand area.
Trade safe, Joe.
EURCAD, H4 | Potential bullish bouncePrice has broken a key resistance-turned-support at 1.4516 which forms the basis of our potential bounce - this level also happens to coincide with the 23.6% Fibonacci retracement.
A bounce from here could see prices rise towards the 1.4631 level which is our next big overlap resistance.
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