Get started

Eurcadforecast

10 Reasons for Neutral EURCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: The trend is bearish side but forms a lower high 2 📆Monthly: a clear downtrend in monthly, but the current price is in a correction phase also taps there recent FVG and continues to upside 3 📅Weekly: inducement and Change chrecttor 4 🕛Daily: clear uptrend also fill out their targets new market may give us a strong reversal or correction 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Bullish 6: 2 Pattern Candle Chart: Momentum candle /cup and handle 7: 3 Volume: below the average reversal 8: 4 Momentum UNCONVENTIONAL Rsi: rsi overbought 9: 5 Volatility measure Bollinger bands: double top 10: 6 Strength ADX: strength in bullish 11: 7 Sentiment ROC: this EUR is more substantial than CAD ✔️ Entry Time Frame: H4 12: Entry TF Structure: Bullish, but we are seeking a correction according to daily and weekly TF 13: entry move: Impulse 14: Support resistance base : 15: FIB: ☑️ final comments: Wait for this pair 16: 💡decision: Wait 17: 🚀Entry: 18: ✋Stop losel: 19: 🎯Take profit: 20: 😊Risk to reward Ratio: 🕛 Excepted Duration :
by Optimum369
EURCAD - Short from bearish orderblock ✅Hello traders! ⁉️This is my analysis on EURCAD . Here we are in a bearish market structure, so I am looking only for shorts. I expect price to continue the retracement and then to reject from bearish orderblock + institutional mid figure 1.36000. My target is imbalance from 1.32640. Upcoming week on Friday we have news about Unemployment Rate on CAD, that is forecasted to remain the same percentage, it means strong CAD. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
⭕️SELL EURCAD at the best place and time 🔥🔰You can see the analysis of Euro to Canadian dollar in the four-hour time frame (EURCAD _ 4H)🧨🧨 💥As it is clear from the picture, it can be said that the price has a Range behavior❗🧐 If the black🖤 ascending trend line is broken and the price stabilizes❗ below this line and then the price pullback❗ to the trend line, we can expect the price to fall to the first DEMAND zone🔻 SUPPLY zone and DEMAND zones are specified in the picture👌 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 __________📈TRADER STREET📉___________
Short
by TRADER_STREET
4
EURCAD TESTING THE SUPPORT ZONEEurCad is currently testing the support region, this pair is currently trapped in a box-like consolidation and has shown some bullish rejections. Breaking down the chart, we could carefully see a falling wedge pattern which indicates a bullish reversal and also adds to my assumption. July 1st, we all saw a bullish movement on some EUR pairs despite the turmoil happening around Europe. Buying from this current region will be a strategic and definite move since it is currently rejecting the falling wedge + box consolidation support zone. What is your prediction? any comment? please do leave below and follow for more.
by Drecocpt_
3
EURCAD | NEw perspectiveIf we look closely into what has been happening since yesterday on a lower timeframe, we will notice how it appears that price action has been rejecting the Bearish trendline identified on the daily time frame. In this regard, I want to be looking forward to selling opportunities right below the key level identified at 1.36900 Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
EURCAD | NEw perspectiveConsidering the long term bearish momentum coupled with a reversal set-up on the 1H time frame; It is advisable that we look out for selling opportunities at this juncture in the market. So with a key level identified at 1.355, we shall be using this level as a yardstick for our position. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry