EURCAD Next MoveHello Fellow Traders, Its BEEN A WHILE!
I hope That Everyone Follows This Forecast To make some big Profits!
Here is a Full Updated Analysis & Forecast For XAUUSD
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some (Rejection / Confirmation / Direction)
2.Wait for confirmation(Price Action Confirmation ( Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk!
&. Plan Your Trade & Trade The Plan!
Let Me know if you have any Questions or Comments Below!
Negative Or Insulting Comments Are Not Welcome
See You in the next Analysis!
Global Fx Education
Eurcadshort
EUR/CAD - Short; Heavy resistance confluence!This pair is running into major resistance here, in an area of heavy confluence.
This is the end of a corrective rally, in which all Euro pairs participated, off of their recent, major lows. (Mostly due to a, yet again, market wide delusion that the EU will have to tighten ("at least!") 375 basis points... When in reality, as the latest data illustrates, the EU couldn't even climb out of its decade long deflationary spiral despite a massive, war/sanctions - and categorically, self - induced inflationary spike.)
Also, the EUR/GBP showing every sign of a top here, consequently, this pair makes an even stronger case for this Short than it's cousin's, the GBP/CAD.
This pair is on the verge of a cliff with no technical support under the current levels, i.e., for the next -550 pips. Which makes it the obvious Short Target.
Note; This has been stated time and again that these CAD pair shorts, while the case is strong, remain inferior to their USD cousins.
The EUR/GBP picture
EURCAD Daily Short | Technical Analysis TradingEURCAD daily short
Shortstop @ 1.45639
TP #1 @ 1.44627 66.67% wr
TP #2 @ 1.43041 39.22% wr
SL @ swing high 1.51122 17.65% hr
All trades on this pair, and on this timeframe are produced by an algorithm. Winrate is based on Winnings trades on this pair, on this timeframe, from this algorithm.
Find more trades like this on my profile for consistent wins.
EURCAD - Long active ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: As I said in my previous analysis we are bullish and I look for long from discount zone if price rejects from bullish order block. I opened a long position and my target is the imbalances higher.
Fundamental analysis: Next week we have news on CAD, on Tuesday will be released CPI, pay attention to the result in order to validate the anaylsis.
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EURCAD 1.47143 -0.06 % SHORT IDEA 🐻📉💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at EUR/CAD INTO THE LONDON SESSION
1. ASIAS BSL TAKEN.
2. LOOKING FOR A PUSH INTO THE -OB / FVG.
3. Looking at momentum heading into the PD arrays.
4. Looking at that unfilled FVG as a possible entry with the bears.
5. TARGET would be the the SSL & THE DAILY +OB.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
EUR/CAD - Bearish Divergence
Overview
FX:EURCAD was in a bullish trend, however price formed bearish divergence and hence there was possibility of a bearish trend formation!
Analysis & Plan
Bullish trend of FX:EURCAD was showing weakness due to bearish divergence. Our plan was to observer the market and expect a bearish trend formation. Our entry was on break of the last two HL which gave us a good indication of a bearish trend formation and continuation!
Eur/Cad Sell IdeaEur/Cad has printed a double top on the daily time frame!
This is exactly what we wanted to see!!! It has retested resistance on the daily chart!
This is a sell idea because we have a double top reversal pattern on the daily time frame!
This is a swing trade idea and I will have 3 trades open with 3 take profit areas!
EUR/CAD Made A Good Bearish P.A , Short Setup Available ! This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURCAD - Long from discount zone ✅Hello traders!
‼️ This is my perspective on EURCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement and then to reject from bullish order block + institutional big figure 1.48000.
Fundamental analysis: Next week we have news on EUR, will be released Interest Rate which is expected to increase, followed by ECB Press Conference. Increased interest rate means strength in currency which could support our analysis.
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EURCAD CHART MONDAY 24 APRIL 2023EURCAD CHART ANALYSIS POSTED ON MONDAY!!!
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Trade safe and use always proper risk management.
Thanks in advance for checking my trade idea.
EURCAD Short Daily ChartReasons for selling:
Trendline breakout
Risings wedge breakout
Key level breakout
Change from bullish to bearish market structure.
The setup was taken after looking at various higher time frames. With this being said, we will only be looking for selling opportunities
inline with the bearish higher time frame trend.