EUR_CAD LOCAL REBOUND COMING|LONG|
✅EUR_CAD is trading in
A strong uptrend and the pair
Made a local correction on Friday
To retest the local horizontal
Support level of 1.5700 so
A bullish continuation is to
Be expected but a small
Lot size use is advised
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CADEUR trade ideas
(A re-entry) EUR CAD #0013 Short Swing Trade- A trade limit order was initiated after a failed breakout occurred on the daily time frame against the last month's HIGH.
- This indicates exhaustion of the Buyers' interest.
- The presence of orderblock on the false breakout zone indicates a reversal pattern.
- However, not to be taken frankly, INDUCEMENT is going on at the moment (April 17) in the sideways/accumulation zone.
- This represents a bulk of Retail Traders' Stop Losses creating "Liquidity Pools", in addition to the Liquidity Pool on the last Monthly HIGH.
- We are anticipating a Liquidity Hunt to occur, absorbing all stop limit orders around the sideways/accumulation (after orderblock) to occur, hence initiating a Buy Order in abundance, where SMART MONEY can take advantage of by initiating a large Sell Order (hence absorbing all liquidity).
- This trade is CONTRARIAN in nature and Swing Trading.
- The holding period is expected to be between 3 days to 1 week
EURCAD at 2009 Highs – Is a Massive 1,000 Pip Sell-Off Imminent?It's been a while since my last idea! (Too busy traveling lately 😅)
Today, we're zeroing in on a high-probability short setup on EURCAD. This pair has surged strongly since the start of the year, fueled by all the Trump-related market chaos.
Once we smashed through 1.52—last year's key resistance (a level where we previously banked over 600 pips on a massive drop)—the market has been steaming towards the next major SELL zone between 1.58 and 1.615. This area has been rock-solid resistance since 2009, causing significant sell-offs each time we've tested it. Can history repeat itself? Let’s dive into the charts.
Weekly Chart:
After the initial spike into our key zone in early March, we saw an immediate 600-pip rejection, but buyers quickly regrouped and drove the pair to fresh highs near 1.60. Crucially, we're now seeing a lack of follow-through on recent highs, which is a classic sign of buyer exhaustion. Even more telling, this week's candle is a spinning top—a textbook reversal signal.
Daily Chart:
Zooming into the daily timeframe, price action is becoming increasingly choppy with multiple rejection candles at the highs—clear signs that sellers are starting to step in. Additionally, MACD divergence is glaringly obvious, reinforcing the bearish setup.
4-Hour Chart:
At the 4-hour level, the market is now trapped in a tight sideways range between 1.57 (floor) and just above 1.58 (ceiling). The MACD continues to signal divergence—another strong indication that the bullish momentum is losing steam and a reversal is likely imminent.
How I'm Trading It:
Given all these signals, I'm using my TRFX indicator to build a long-term short position, targeting sell signals on the 8-hour and daily charts. The daily chart alone has been flashing multiple sell signals already (see below):
One last thing: Don’t be surprised by a quick fake-out spike toward the upper bound at 1.615—it’s very common in setups like these. Any sharp spike up should get quickly rejected, giving us another great selling opportunity.
Targets:
First Target: Last year's major resistance at 1.52—expect a reaction and possibly a bounce here.
Second Target: Longer term, I'm eyeing a deeper move toward the major support level around 1.43, offering a huge profit potential if the reversal fully plays out.
That's my game plan—let me know your thoughts below! 😊
EURCAD Wave Analysis – 17 April 2025- EURCAD reversed from long-term resistance level 1.5840
- Likely to fall to support level 1.5400
EURCAD currency pair recently reversed down from the long-term resistance level 1.5840 (which has been reversing the price from the start of 2020) standing close to the upper daily Bollinger Band and the resistance trendline of the weekly up channel from 2022.
This is the 3rd consecutive failure to break above the major resistance level 1.5840 by this currency pair from the start of this year.
Given the strength of the resistance level 1.5840, overbought weekly Stochastic and the bullish Canadian dollar sentiment seen today, EURCAD currency pair can be expected to fall to the next support level 1.5400.
EUR/CAD Daily AnalysisFriday saw price attempt to break the 1.5800 zone for a second since March.
However with a failure to break and close above, a break below the days low of 1.5640 could see price continue lower towards the most recent support at 1.5400.
This is just an idea of what may happen. You should always trade with a well tested and profitable trading strategy using good risk management.
EURCAD: Short Trade Explained
EURCAD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURCAD
Entry - 1.5807
Sl - 1.5889
Tp - 1.5626
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EUR/CAD 1H Analysis – April 14, 2025📊 Current Price: 1.57582
🕐 Timeframe: 1 Hour
⚖️ Bias: Bearish (Short Setup Active)
🔍 Technical Breakdown:
Resistance Zone: 1.5783 - 1.5800
Price has tested this zone multiple times but failed to break above convincingly—forming a liquidity grab and now rejecting.
Entry: ~1.5758 (current market price)
Trade seems to have already triggered near this level.
Stop Loss: ~1.5840
Well above the supply zone, protecting against stop hunts.
Take Profit Targets:
TP1: 1.5570 (key support area / FVG close)
TP2: 1.5475 (strong demand zone)
Risk-Reward Ratio (RRR): Approx. 3:1 (visually based on RR box)
EURCAD Short 4//17/2025EUR/CAD Short (Re-entry After Rate Cut Reversal)
Got stopped out on the previous attempt — but this re-entry offered a stronger, higher-timeframe confirmation.
Daily Chart: We printed a long-tailed hammer rejecting hard off a key weekly zone. That wick tested liquidity and snapped back, giving early signs of euro exhaustion. Today, price is flipping into what looks like a bearish engulfing candle — pending the close — suggesting trend reversal pressure is real.
Catalyst: The ECB dropped a 25bps rate cut, a shift from my earlier post when no EU news was expected. This move added strong bearish sentiment, especially paired with continued U.S. trade pressure under Trump’s new tariffs. Macro + technicals aligned = clean setup.
4H Chart: Multiple rejections off the weekly zone after that liquidity sweep, followed by an inside bar setup — that was my re-entry trigger. I’ve been holding since yesterday and we’re now running a 1:6.27 R:R play toward a key downside target.
1H Chart: During and after the ECB announcement, price action got messy — hammers, dojis, and fake bullish pushes all turned into supply-heavy rejections. That’s typical “fade the news” behavior when the big players already had their direction.
Key Zone: 1.56800 is the final liquidity shelf before price enters clean air. Once we get a solid 4H close below that zone, I expect price to accelerate toward my target at 1.55727.
This one’s got weight behind it — technical structure, macro catalysts, and institutional pressure all aligned.
EURCAD GONNA BE UP This week or it takes a few weeks the Eurcad gonna fly to hit the green line IF the blue line had been broken by 4H breaking candle because the market first is in BOS structure and second the blue is the 512 astronomic line cycle which is so strong reversal line as we see the market hit it before and reversed .
EURCAD: Short Trading Opportunity
EURCAD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURCAD
Entry Point - 1.5748
Stop Loss - 1.5828
Take Profit - 1.5595
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
EURCAD The Target Is DOWN! SELL!
My dear followers,
I analysed this chart on EURCAD and concluded the following:
The market is trading on 1.5780 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5647
Safe Stop Loss - 1.5857
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
EURCAD: Short Signal Explained
EURCAD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell EURCAD
Entry Level - 1.5767
Sl - 1.5868
Tp - 1.5567
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
EUR-CAD Local Long! Buy!
Hello,Traders!
EUR-CAD has made a retest
Of the horizontal support
Level of 1.5720 and we are
Already seeing a bullish rebound
Which combined with the fact
That the pair is trading in a strong
Uptrend makes us locally
Bullish biased and we will
Be expecting a further
Bullish move up
Buy!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURCAD Short 4/15/2025EUR/CAD Short Setup (Midweek Reversal Play)
Currently holding a short position on EUR/CAD for the past two days. Price has been hovering around the entry point, showing signs of accumulation and low momentum — likely building volume for a directional move.
Daily Chart: Price is rejecting a significant resistance level, with today’s candle potentially forming a doji. If this confirms, we could see an evening star setup into tomorrow, signaling a strong midweek reversal.
4H Chart: Multiple upper wicks — at least 7 or 8 — show repeated rejection and failure to break higher, indicating strong selling pressure just above our level.
1H Chart: Less conclusive, but not contradicting the higher timeframe bias.
No major EUR news expected this week, which leaves room for technicals to take the lead. Targeting a 1:4 to 1:5 risk-to-reward move, aiming for a sharp drop into recent lows or the next significant demand zone.
EUR/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
EUR-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.562 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/CAD pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WHAT IS NEXT AHEAD OF ECB MONETARY POLICY REPORT?EURCAD has been maintaining its bullish outlook after a major breakout of the 1.52023 in the first quarter of the year. We have about 1% drop in value so far from the high price of 1.59210 considering the euro strength so far, we’re likely to see another round of impulse move to the upside as there’s no sign of weakness at the moment. I believe price is likely to trade more bullish.