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Eurcadtrade

EURCAD, annual closure and ...Good Morning everyone, the price of the Euro against the Canadian Dollar is falling just near the end of the annual cycle. We still have some time to see it drop below the November lows, personally I see 1.40526 as a good level of buying, but only the MCS will confirm this. The excess weakness on the MCS is showing up, the channel is tightening fast and everything points to a buy signal within the first ten days of February. For now we wait and do not anticipate anything, not even on the support at 1.4198, clear ?? :)
by The_Cyclical_Trading
EurCad- Do we have a bottom?EurCad is in a downtrend for 15 months now, with the price dropping 1700 pips, from 1.6 to 1.43. At the beginning of October, the pair has made an important break under 1.46 support and dropped pretty fast to the up-mentioned low. At this moment looks like EurCad is preparing to test the new 1.46 resistance for confirmation and traders can look to buy dips against 1.43. I'm bullish EurCad in medium-term and I will remain so as long as the price is above 1.43
Long
by Mihai_Iacob
6
EUR/CAD Looking For Longing Opportunity EURCADEURCAD reached a weekly and monthly major support level and retested the trendline after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by NCTrading
1
✅✅ EURCAD LONG ✅✅What we see on EURCAD is quite clear and nice, price bouncing between two trendlines, And for now we are in really strong area which you can see as gray rectangle ❗️ 1st lets wait for price to close above our support then set this order ❗️ 2nd: set our 1:5 order and fly with the price ⚠️Take Max 1% of your capital on this trade⚠️ Lets see how price respects our each scenario 👇🏻👇🏻👇🏻 Any question comment bellow 👇🏻👇🏻👇🏻 GOOD-LUCK EVERYONE
Long
by FxShzd