EURCAD Bullish ProjectionFrom a Macro standpoint, EURCAD looks strongly bearish as it is locked up within a very solid bearish range. However, to continue the strong bearish move, we expect EURCAD to take out some fuse at the upside before presenting more opportunities to the sell side.Longby WavedepthsAcademy221
EURCAD ANALYSIS AND TRADE SIGNAL📈 EUR/CAD - Bullish Setup Analysis (4H Timeframe) 🔹 Pair: EUR/CAD 🔹 Bias: Bullish 📊 🔹 Key Levels: Resistance Zone: 1.49000 (Supply Zone) Major Target: 1.49941 (Next Resistance Level) Ascending Trendline Support: Price is following an upward trend 🔍 Analysis: Price is currently approaching a key supply zone (1.49000), where we may see either: A breakout above the resistance leading to a continuation toward 1.49941 A rejection from the supply zone, potentially leading to a retest of the trendline before another push upward The ascending trendline suggests that buyers are in control, and a breakout above the resistance could lead to further bullish movement. 📌 Trade Plan: ✅ Break & Retest Strategy: If price breaks above 1.49000 and retests successfully, a long position targeting 1.49941 could be valid. ✅ Trendline Bounce: If price rejects the supply zone and respects the ascending trendline, it could provide another buying opportunity. 📊 Let me know your thoughts! 🚀 by naumanfx_118
longwe can expect the good long when euro cad breaks the above level ,market can give us entry on 3 locations or 3 good trades expected after confirmation happy trading :)by aslamfahad020111
Canadian Dollar likely to weaken to EUR by US import tarifs ->10Canadian Dollar likely to weaken to EUR by US import tarifs ->10% As of February 14, 2025, the United States has announced the following import tariffs on Canadian goods: General Goods: A 25% tariff on all imports from Canada, effective March 4, 2025. EN.WIKIPEDIA.ORG Energy Products: A reduced 10% tariff specifically on Canadian energy exports, including oil, natural gas, and electricity. EN.WIKIPEDIA.ORG These tariffs were initially set to take effect on February 4, 2025, but were postponed for one month following negotiations between the U.S., Canada, and Mexico. KLGATES.COM In response, Canada has announced plans to impose 25% tariffs on $30 billion worth of U.S. goods, effective February 4, 2025, with potential expansion to additional goods in subsequent phases. CANADA.CA Expected Currency Effect on CAD/EUR: The imposition of these tariffs is anticipated to weaken the Canadian dollar (CAD) due to potential economic strain from reduced exports and retaliatory measures. Consequently, the CAD/EUR exchange rate may decline, making the euro more expensive relative to the Canadian dollar. Forecasts suggest a bearish outlook for CAD/EUR, with potential decreases in value over the coming months. GOV.CAPITAL Recent Developments in US-Canada Trade Relations reuters.com US will suffer job losses through tariffs on Canadian steel and aluminum, says Trudeau Yesterday apnews.com Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown 2 days ago theguardian.com Trump's tariffs on Canada, Mexico and China: will they spark a trade war? 13 days ago Shortby develuse223
Sell GBPCAD and EURCADon 14th Feb 2025 Both Euro and GBP are becoming weak as CAD is gaining strength and according to my strategy we are approaching. a supply area so am expecting a sellShortby didier35Updated 0
Bullish bounce?EUR/CAD is falling towards the pivot which has been identified as a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce to the 1st resistance. Pivot: 1.4796 1st Support: 1.4746 1st Resistance: 1.4902 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Longby ICmarkets227
EURCAD Trade Ideas [buylimit]The EURCAD (Euro/Canadian Dollar) is another interesting currency pair. Here's a idea of factors to consider for a potential buy limit orderLongby BKGTrader350
EURCAD 13/02/2025Weekly: -Weekly highs rejected. Daily: -Bearish W pattern. -H&S pattern. -IC. 4H: -H&S pattern. -IC. -FVG.Shortby HANSFXTRADER2
EURCAD - ShortWaiting for price to tap into and reject that FVG to confirm the Daily pullback to the daily supply area before looking for longs. Just an idea...Shortby DPA_FxKnight0
EURCAD: has bottomed and turned bullish.EURCAD is on a neutral 1D technical outlook (RSI = 45.274, MACD = -0.003, ADX = 32.435) as it rebounded on the bottom of the inner Channel Up, a pattern inside the 1 year Channel Up. If the price crosses over the 1D MA50, it validates the extension of this bullish wave. In that case, the trade will be long, aiming at a symmetric +2.90% increase (TP = 1.51500) like the previous wave. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope8
Heading into overlap resistance?EUR/CAD is rising towards the pivot and could reverse to the 1st support level which acts as a pullback support. Pivot: 1.4922 1st Support: 1.4796 1st Resistance: 1.5011 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets5
Buy EURCADBullish momentum on EURCAD, Failed to break resistance and trendline even with strong CPI. Price expected to continue to the upside.Longby Jasdp5
EURCAD - BullishEURCAD has formed double bottom on 1H and currently resting its neckline. Buy at CMP.Longby mohduzair91
EUR/CAD 1H Technical AnalysisTrade Outlook: The pair is in an uptrend as price is trading above EMA 21, EMA 50, and MA 20. RSI at 76.29 is in the overbought zone, signaling a potential pullback or reversal. EMA 200 is above the price, suggesting potential resistance ahead. Potential Trade Setups: Trade # 1 Short Trade (Reversal Setup) Entry: 1.48550 - 1.48650 (Wait for rejection at EMA 200) Stop Loss: 1.48800 (Above EMA 200) Take Profit: 1.48200 - 1.48000 (EMA 50 Support) Trade # 2 Long Trade (Trend Continuation) Entry: 1.48200 - 1.48150 (Buy on dip near MA20/EMA21) Stop Loss: 1.48000 (Below EMA 50) Take Profit: 1.48700 - 1.48850 Conclusion: Bullish bias remains, but RSI signals possible short-term pullback. Monitor price action near 1.48550 - 1.48650 for a sell setup. Look for buying opportunities on dips near EMA 21 / MA 20. 📊 Wait for confirmation before entering a trade! 🚀 leave your comments boys!!!!Shortby cryptotweezer330
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 ChartsLongby ForexMasters2000222
EUR/CAD BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! The BB upper band is nearby so EUR-CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.473. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals111
EUR/CAD Short OpportunityHi Traders. We see this pair breakout from a HTF Correction and is now forming and LTF correction, what is a good sign for more bearish continuation. Wait till the current correction is finished to confirm this setup. Shortby ltdcrack880
EURCADEUR/CAD is showing strong bullish momentum, breaking key resistance levels and forming higher highs and higher lows. The pair is supported by positive Eurozone fundamentals and weakening CAD sentiment. As buyers step in, the uptrend is likely to continue, presenting opportunities for further gains.Longby mwananukachabota0
EURCAD PRINTING REVERSAL Technically: EURCAD printing double bottom EURCAD printing bullish divergence EXY is bullish CXY is bearish Fundamentally: According to COT data EXY is bullish CXY is bearishLongby rizwanahmed06030
EUR/CAD Bullish Momentum Rising Channel Points to 1.5000 Target EUR/CAD is trading at approximately 1.4800. Your target price of 1.5000 indicates an anticipated upward movement of 200 pips, aligning with a bullish outlook within the context of a rising channel pattern. Technical analysis on the daily chart suggests a bullish bias, as EUR/CAD continues to trade within an ascending channel pattern. This pattern is characterized by higher highs and higher lows, indicating sustained upward momentum. The pair is approaching the upper boundary of this channel, suggesting potential for further gains toward your target price. On the 4-hour timeframe, EUR/CAD is trading within a rising channel as it approaches a confluence area. This consolidation pattern increases the likelihood of a bearish outcome, as traders can wait for the break and retest of the trendline support of the channel pattern to confirm a bearish entry. In summary, the EUR/CAD pair is exhibiting bullish momentum within a rising channel pattern, with technical indicators supporting a potential move toward the 1.5000 target. Traders should monitor key support and resistance levels, as well as fundamental factors influencing the Euro and Canadian Dollar, to make informed trading decisions. Longby AndrewsMarket-Mastery1
EURCAD - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern Currently it looks like a pullback is happening Until the strong resistance zone holds I expect the price to move lower further after pullbacks.Shortby VladimirRibakov1
Bearish drop?EUR/CAD has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 1.4800 Why we like it: There is a pullback resistance level. Stop loss: 1.4847 Why we like it: There is a pullback resistance level. Take profit: 1.4682 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets7