EURCAD H2 Best Level to SHORT/HOLD +100/+200 pips🏆 EURCAD Market Update H2 chart
📊 Technical Outlook
🔸broke down on high vol
🔸compression BEAR FLAG
🔸Mid-term: BEARS 5500
🔸Status: compression/dump
🔸5710/5720 heavy S/R BEARS
🔸5520/5540 key s/r zones below
🔸Price Target Bears: 5520
🔸final pump possible
🔸strategy: SHORT SELL 5710/5720
🔸SL 40 pips TP
EURCAD: Bearish Outlook For Next Week Explained🇪🇺🇨🇦
Earlier, I shared a very bearish outlook for EURCAD on a daily time frame.
During the NY session on Friday, the price retested a broken support
of the flag and formed a head and shoulders pattern on that.
Its neckline violation provides a strong bearish confirmation.
I expect a bearish continua
EURCAD: Your Trading Plan For Today⚠️EURCAD is currently testing a recently violated horizontal support level within a trading range.
It is highly likely that this broken structure has now become resistance.
We will look for a confirmation to sell upon a bearish breakout of the neckline of a descending triangle pattern on the 1-hou
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Short entry activated—targeting the high-risk Green MA Zone.
Oversold market? Consolidation? Reversal trap? Bullish robbers lurking?
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EUR/CAD Bearish Reversal Setuphello Trader
what are your thoughts on eurcad.
Enrty: 1.59-1.60
stop loss 1.61
take profit 1.50
Analysis:
Key Resistance Zone: The red-highlighted area around 1.5800 marks a strong resistance zone where price previously faced rejection.
Double-Top Formation: A potential double-top patt
EURCAD: Another Bearish Pattern 🇪🇺🇨🇦
Earlier, we spotted a head & shoulder pattern on EURCAD on a daily
and a confirmed breakout of its neckline.
Analysing a price action, I spotted another bearish formation today.
The price formed a bearish flag pattern, and it is retesting a broken
trend line at the moment.
I think that the pair
NO SET UP = NO TRADE....so be PATIENT!!! EURCAD SELL part 2All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain dir
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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.
Related currencies
Frequently Asked Questions
The current rate of CADEUR is 0.6371 EUR — it has decreased by −0.02% 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 −0.73% fall over the past week, the month change is a 0.41% rise, and over the last year it has decreased by −5.73%. 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 sell 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 strong sell signal, and 1 month rating is sell. See more of CADEUR technicals for a more comprehensive analysis.