Eurcadanalysis
EURCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCAD SWEEPING Lets see how MM works.. just wait for the zone on our BSL, need to break that liquidity below before goes PUMP to sweep the OLD resistance..
Trade base on your own decissions. you can trade this on BUY side, just have patience.
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DeGRAM | EURCAD consolidation marketEURCAD is consolidating between 1.4600 and 1.4400 level .
Price action has previously reacted several times to this zone.
Price action is likely to move down from the confluence zone: the resistance and the lower channel's border + 61.8 % fibo.
We expect a pullback from the resistance level .
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EURCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective on EURCAD .
Here we are bullish from daily perspective, but I expect we could see a retracement as price formed a normal divergence and rejected from institutional big figure 1.46000.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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EUR/CAD :: LONG !!!EUR/CAD :::
The price is in an upward trend and has managed to break the resistance line and has once again returned to this line to stabilize itself .
It is expected to move to the bottom of the channel to correct itself and then continue its upward trend towards the top of the channel .
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DeGRAM | EURCAD divergence at the resistanceEURCAD is making lower highs and equal lows, which means bears are putting pressure on the support level .
Bears pushed price below the psychological level 1.46000, and we have divergence on the 4H timeframe.
As in the past, we could see a large sell-off.
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EURCAD...SHORT (67 Pips)With the recent rally of a barrel of oil, fundamentally the CAD should rally as well. But the dominance of the Euro has made a bit slower process, Technically, looking out fro a short sell on ECAD to its consolidated price zone on 13th Jan, when price was just trading a around my pivot point at 1.45010.
NB: A clear breakout from the breakout zone (Blue Box Region) will accelerate the process!!!
EURCAD possible sell setupEURCAD was trending bullish from quite a while we shorted it last month from the top and now market is back at the same strong resistance area with also a strong supply zone
i am looking for a bearish rally down to the mentioned area
look for confirmations on lower time frames and sell EURCAD with your own money management
key to remember is both scenarios possible which after mentioned there it can drop straight or it can drop after a spike to upside
always remember patience an discipline are the key to success