EURCAD LONG - HTF TREND CONTINUATION!Waiting for a retest of 1.46226 to long EURCAD back to 4H swing highs at 1.48605
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EURCAD
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.
EURCADTRADE IDEA: EURCAD market broke above my channel (bearish trend) giving us a nice market retest at 1.45570,will be looking for buying opportunities as buyers are preparing to push the market to the upside.
EURCAD : Short Trade , 1hHello traders, we want to check the EURCAD chart. The price is moving in a range area. We expect the price to react to the ceiling of the range channel again and fall to the price of 1.45400. Good luck.
EUR/CAD Set To Fall! SELL!
My dear subscribers ,
This is my opinion on the EUR/CAD next move:
The market is trading on 1.46025 pivot level.
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.
Target - 1.45092
My Stop Loss - 1.46550
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURCAD - Potential SellThe EURCAD has been in a downtrend for a while, we are looking to take trades that are going with the trend.
The POI is a 1H POI just above the 79% retracement level.
USDCAD I It has broken the range and channelWelcome back! Let me know your thoughts in the comments!
** USDCAD 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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EUR/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
EUR/CAD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 1.446.
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EURCAD possible selloff After price broke structure with a huge bearish momentum, it retraced slowly into the imbalance that it had left behind. It formed liquidity below an identified golden zone that it could possibly use to reverse and continue with is extension to the downside.
EURCAD Swing Long!EUR-CAD broke the long-term
Falling resistance and the
Breakout is confirmed
So we are now bullish biased
Despite the nearby horizontal
Resistance level so I think that
After the pullback and retest
Of the broken line we will
See a bullish move up !
