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 TP1 +100 pips TP2 +200 pips
🔸swing trade setup for patient traders
📊 Forex Market Update (May 7, 2025)
🇪🇺 EUR/USD
📉 Price: \~1.1370
USD strength ahead of Fed dampens Euro
German HCOB Services PMI fell in April; ECB rate-cut bets rising
Key Levels: Support 1.1320 | Resistance 1.1380
🇬🇧 GBP/USD
📉 Price: \~1.3320 (slid from recent highs)
Modest USD buying ahead of Fed decision
BoE policy caution keeps Pound in check
Key Levels: Support 1.3300 | Resistance 1.3400
🇺🇸 DXY (US Dollar Index)
📈 Price: \~99.39
Supported by rising U.S. yields and Fed rate-cut delays
Pressured by strategic uncertainty and trade tensions
Key Levels: Support 98.00 | Resistance 100.00
CADEUR trade ideas
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 continuation on Monday.
Goal - 1.5505
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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-hour timeframe.
A close of the hourly candle below 1.5545 will confirm this violation, with an anticipated bearish continuation targeting at least 1.5538.
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 pattern is forming, indicating a bearish reversal.
Bearish Projection: The blue trend lines suggest a downward move after a possible retest of the resistance area.
Support Levels: The marked horizontal blue lines at 1.5581, 1.5411, 1.5269, 1.5151, and 1.4977 represent key support levels where price might react.
Target Area: The projected move suggests a decline towards the 1.5151 level, with further downside potential toward 1.4977.
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 may drop lower soon.
Next support - 1.5503
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
A LESSON IN PATIENCE!!!! Part 3 of EURCAD SELLS!!!All 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 direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
www.tradingview.com
EURCAD-H1-LONGBuy Setup: Price has successfully broken above the descending trendline, marking a shift from bearish to bullish momentum on the 1-hour timeframe as of May 19, 2025. The breakout is supported by higher highs forming, with the current pullback testing the broken trendline as potential support. Ichimoku conditions align with the bullish outlook—price is above the Kumo, Tenkan-sen has crossed above Kijun-sen, reinforcing the upward potential. Entry is set at the current level with a target near the next resistance and a stop loss below the recent low for a favorable risk-reward ratio.
RISK ON = STRONG AUD...BUT I prefer EURCAD SELLS!!!All 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 direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
www.tradingview.com
EUR/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
EUR/CAD SIGNAL
Trade Direction: short
Entry Level: 1.567
Target Level: 1.549
Stop Loss: 1.579
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
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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EURCAD Technical & Order Flow Analysis (Swing Trading)Our analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view the price will fall to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
Please support our analysis with a boost or comment!
EURCAD BUY TRADE PLAN🔥 Pair + Date
EUR/CAD – May 19, 2025
📋 Plan Overview Table
Trade Type Direction Confidence R:R Status
Swing BUY 75% 1:2.4 Waiting/Planned
📈 Market Bias & Type
Bullish Continuation Bias
Market recently broke out of H4 consolidation structure with strong impulsive candles and is currently in a retracement phase. Daily higher low seems to be protected so far.
🔰 Confidence Level
75% CONFIDENCE
✅ Trend Structure Alignment (D1/H4): 30%
✅ Clean Breakout + Volume on Bullish Impulse: 20%
✅ Retest with decelerating bear momentum (H1): 15%
⚠️ No Major News Headwinds at current moment: 10%
📍 Entry Zones
Primary Buy Zone: 1.5635 – 1.5650 (within recent broken structure + FVG zone)
Secondary Buy Zone: 1.5585 – 1.5605 (deeper retest + old support)
❗ Stop Loss (SL) with Reasoning
SL for Primary Entry: 1.5560
Below previous H4 higher low & structural base
SL for Secondary Entry: 1.5510
Below daily consolidation base and invalidates bullish structure
🎯 Targets
TP1: 1.5745 (retest of recent H1 supply)
TP2: 1.5800 (top of current daily range)
TP3 (Optional): 1.5880 (potential daily breakout extension if continuation follows)
🧠 Management Strategy
Risk: 0.5–1.0% per entry zone depending on trader’s risk preference
Scale-In: Partial at secondary zone
Move to breakeven after price closes above 1.5715 (H1 candle close)
Secure partials at TP1
⚠️ Confirmation Checklist
Criteria Status
H1 Bullish Candle in Buy Zone ❌ Waiting
H4 Bullish Structure ✅ Confirmed
Volume Spike on Retest ❌ Not Yet
Entry during London/NY Session 🔄 Awaited
⏳ Validity
Primary Entry: Valid for next 12–16 hours (intraday H1)
Secondary Entry: Valid for next 48+ hours (swing potential)
❌ Invalidation Conditions
Daily close below 1.5520
Break of H4 bullish structure with momentum (invalidates swing setup)
🌐 Fundamental & Sentiment Snapshot
EUR: Stable; no major rate decisions this week
CAD: Crude oil softening may weaken CAD slightly
Sentiment: Risk-on flows could support EUR over CAD in coming sessions
COT: Euro net longs increased slightly; CAD positioning neutral
📋 Final Trade Summary
EUR/CAD shows a high-probability bullish continuation with a corrective pullback underway. Entry zones marked based on price structure, volume gaps and dynamic retests. Plan includes both intraday and swing management strategy depending on execution area.
EUR/CAD: Pressure Builds – Breakout Incoming !!Price is forming a tight triangle pattern, bouncing off demand and respecting trendline support. If bulls manage to break above the descending trendline, we could see a clean push toward:
📈 TP1: 1.56952
📈 TP2: 1.57534
📌 (Not financial advice)
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