EURCAD - Follow the Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURCAD has been overall bearish , trading within the falling red channel and it is currently retesting the upper bound of the channel.
Moreover, it is rejecting a weekly resistance marked in blue.
📚 As per
Related currencies
EUR-CAD Bullish Wedge! Buy!
Hello,Traders!
EUR-CAD is trading in an
Uptrend and the pair formed
A bullish wedge pattern and
Now we are seeing a bullish
Breakout from the wedge so
We are bullish biased and we
Will be expecting a further
Bullish move up
Buy!
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EURCAD: Bearish After the News 🇪🇺🇨🇦
EURCAD may drop from a solid daily resistance.
As a confirmation signal, I spotted a bearish engulfing candle
on a 4H time frame after its test.
The formation of this candle is accompanied by multiple negative
German fundamentals.
Goal - 1.5976
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EURCAD: Expecting Bearish Continuation! Here is Why
Balance of buyers and sellers on the EURCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee fo
EUR/CAD Tests Resistance — Bullish Breakout in Sight?EUR/CAD appears to be showing bullish momentum and is likely heading toward the 1.6110 level. Currently, the pair is testing a key resistance zone. If the price manages to break above this resistance with strong volume or confirmation, we could see further upside continuation toward the next target
EURCAD Long TradeOANDA:EURCAD
Long trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
TP-1: 1.59517
TP-2: 1.59726
This is good trade, don't overload your risk like greedy, be disciplined trader, this is good trade.
Use proper risk management
L
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of CADEUR is 0.62961 EUR — it has increased by 0.25% in the past 24 hours. See more of CADEUR rate dynamics on the detailed chart.
The value of the CADEUR pair is quoted as 1 CAD per x EUR. For example, if the pair is trading at 1.50, it means it takes 1.5 EUR to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADEUR has the volatility rating of 0.50%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADEUR showed a 0.75% rise over the past week, the month change is a 0.48% rise, and over the last year it has decreased by −5.40%. Track live rate changes on the CADEUR chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADEUR is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADEUR right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADEUR technical analysis. The technical rating for the pair is neutral today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADEUR shows the sell signal, and 1 month rating is sell. See more of CADEUR technicals for a more comprehensive analysis.