EURCAD BUY/LONGBy utilizing Fibonacci retracement levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bullish sentiment prevails.
CADEUR trade ideas
EURCAD 1W IdeaPotential for a bullish pullback on the EURCAD which could lead to a price movement towards the resistance level at 1.63300. BUY levels from 1.51500
EUR/CAD LONG Investment OpportunityHello, I am Forex Trader Andrea Russo and today I want to talk to you about an interesting trade on EUR/CAD.
In the world of Forex, every trade is a combination of analysis, strategy and intuition. Today I decided to open a buy position (BUY) on EUR/CAD based on the 4-hour timeframe. This choice comes from technical and fundamental signals that indicate potential favorable movements.
The details of my trade:
Entry Price (Entry Point): 1.53771
Stop Loss (SL): 1.52444
Take Profit (TP): 1.55621
I set the Stop Loss at 1.52444 to manage the risk effectively. It is essential to protect the capital, especially in a volatile market like the currency market. At the same time, the Take Profit is set at 1.55621, aiming to capture a significant positive movement.
Why EUR/CAD?
EUR/CAD has an interesting market dynamic influenced by European and Canadian economic factors. At the moment, technical indicators such as support and resistance, along with trend analysis and candlestick patterns, suggest a possible growth opportunity for the Euro against the Canadian Dollar.
Conclusion
Every trade is a step towards knowledge and experience. Although the outcome may vary, disciplined approach and risk management are always at the heart of every decision. I will update you on the results of this trade and continue to share my trading strategies and ideas.
EUR/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
EUR/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.542 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EUR/CAD For Bullishyou can go long now
or
wait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
EURCAD Long potentialLooking for intra positions on Eurcad, potential tariff news for canada can see eur holding for a potential long.
Tight SL potential re entry if stop loss hit.
1:4 and swings 1:6
Bearish revrsal off pullback resistance?EUR/CAD is rising towards the pivot and could reverse to the 1st support which is a pullback support.
Pivot: 1.5629
1st Support: 1.5420
1st Resistance: 1.5731
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EURCAD POSSIBLE BUY OPPORTUNITY Price has potentially reversed from the H4 perspective and is looking promising for a buy. The recent pullback that occurred, found support around 1.53000 and price currently trade at 1.55666. we are likely to see more growth in EURCAD upto the price level of
EURCAD TRADE SETUPWait for retest the entry level and bullish momentum then take a trade for Buy otherwise skip this setup
Break of Structure happen on EUR/CADIn 12 March 2025, Bank of Canada announced overnight rate same as forecast result which is 2.75%. While 18 March 2025, Consumer price index seem increase different 0.5% from forecast result. Both also have a good impact to the Canada currency. From the chart, we saw the break of structure happen, currently pending for the reversal and confirmation.
EURCAD Bearish OutlookHere is my Analysis for the EURCAD Outlook for the coming weeks.
Price is approaching correctively to the Lower time frame 0.618-0.500 level or Golden ratio, expecting the price would react on that Sell Zone as illustrates in the chart.
Expecting price to drop from the Sell Zone area towards the Higher time frame 0.618-0.500 level or Golden ratio where we would be expecting a potential Long-term Bullish Outlook.
CADEUR DivergenceHourly divergence on the CADEUR pair forming.
If the RSI resolves upwards, I'm a buyer targeting hourly resistance.
EURCAD BUY OPPORTUNITY Price became impulsively bullish in the past 4hrs from intraday perspective after rebounding at 1.54332, we’re anticipating more bullish price action to develop away from the current price. Our target profit is at 1.57000
EURCAD ANALYSIS OVER H4 CHART.The chart highlights the reaction higher and outlines a possible future path. 💡 Stay ahead with our analysis.
Looking for a long term buying opportunity in EURCAD
EUR/CAD long setup (Falling wedge pattern)**EUR/CAD (Euro/Canadian Dollar) currency pair** on a **1-hour timeframe**. Here are the key details:
**Chart Analysis:**
1. **Pattern Identified:**
- A **falling wedge** pattern has been detected, which is generally a **bullish reversal** signal.
- The price has broken out of the wedge, confirming the reversal.
2. **Exponential Moving Averages (EMAs):**
- **EMA 7 (Purple):** 1.54373
- **EMA 21 (Blue):** 1.54117
- **EMA 50 (Yellow):** 1.54102
- Price is now **above these EMAs**, indicating a possible uptrend continuation.
3. **Price Action:**
- The breakout has led to a strong bullish move.
- The **target** is marked above the breakout point, suggesting further upside potential.
- Current price: **1.54411**
4. **Volume Insight:**
- Volume increased during the breakout, confirming buying pressure.
**Conclusion:**
- The falling wedge breakout suggests **bullish momentum** in EUR/CAD.
- If price sustains above the EMAs, it could reach the marked **target zone**.
- Watch for **support at 1.541** and resistance near the **target level**.
The **target** after the **falling wedge breakout** is marked on the chart and appears to be around **1.5480 - 1.5500**.
**Key Levels to Watch:**
- **Support:** 1.5410 (EMA 50)
- **Resistance/Target:** Around **1.5480 - 1.5500**
If momentum continues, price may reach this **target zone**.
The ideal **stop-loss (SL)** for this EUR/CAD trade should be placed **below the breakout zone** of the falling wedge to minimize risk.
**Suggested SL Levels:**
1. **Conservative SL:** **1.5400** (Below EMA 50 & breakout structure)
2. **Aggressive SL:** **1.5375** (Below the last swing low inside the wedge)
EURCAD , Successful Trendline Break , Ready for BullHello Traders
In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET
today EURCAD analysis 👆
🟢This Chart includes_ (EURCAD market update)
🟢What is The Next Opportunity on EURCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURCAD Massive Long! BUY!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.5441 pivot level.
Bias - Bullish
My Stop Loss - 1.5341
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.5603
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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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WISH YOU ALL LUCK
EURCAD Long Bias ! chart shows a potential buy setup after a pullback. Price found support around 1.5350, which lines up with key Fibonacci levels, making it a strong area for a possible bounce. Buyers have stepped in, pushing the price back above 1.5500. The idea here is to target 1.5850 while keeping a stop loss below 1.5350. As long as price stays above 1.5500, the bullish outlook makes sense. But if it drops below 1.5350, the setup could fail, leading to more downside. The overall momentum suggests a good chance of continuation upwards.
EURCAD trend trading through 12M chart analysis to daily t f EURCAD as shown strong move to the upside by considering higher tf trend EURCAD is much alikely to buy but due to the liquidation move possibly it will start sell at 1.58429 it will depend on buy move and confirmation we will get at such area
EURCAD SELL/SHORTBy utilizing Fibonacci retracement levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bearish sentiment prevails.
EURCAD Resistance , All eyes on SellingHello Traders
In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET
today EURCAD analysis 👆
🟢This Chart includes_ (EURCAD market update)
🟢What is The Next Opportunity on EURCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
