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EUR/CAD (OANDA EU Clients)

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EURCAD.PRO.OTMS trade ideas

EUR/CAD will go For Correction Wavewe have two scenario First scenario : price will pull-back for correction wave and create higher low at black arrow or between 50:61 fibo level , so u can go short now and take any target or when confirming higher low in H4 second scenario : price will break current resistance area green arrow may be powered by news for CAD that will price to go up and we can go long and take any target i personally prefer to go with low lot with first scenario and go with high lot with second scenario because second is walking with general up trend but i can take a trade with correction wave have fun :)
Short
by maxbayne
EURCAD Under Pressure! SELL! My dear followers, This is my opinion on the EURCAD next move: The asset is approaching an important pivot point 1.4778 Bias - Bearish Safe Stop Loss - 1.4804 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.4737 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
EURCAD APPRAOCHING A MASSIVE ZONE Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. EURCAD APPRAOCHING A MASSIVE ZONE. 📚 👉As we can see price is still overall bullish trading inside this rising channel making clean higher highs and higher lows, especially after breaking above our previous major high. 👉Moreover, As the price will be approaching our upper supply zone a massive one, lining up with our upper bound of this channel, acting as an over-bought zone. where we will be looking for new shorts as a correction movement. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Short
by Hadi_karaali
EURCAD BUY BIASPrice has been bullish , making successive HH and HL, hoping to take a long position from any of the zone below, targetng the previous HH, This is just a financial advice not a signal, 1st zone is a flipzone and its in the premium, and ideally its wrong to take a long from premiums pricing ( tho it's in the discount of the recent range, but i like taking entries from the structural range). So the second zone below is my preferable option as it aligns with the discount of the structural range
Long
by Millie_FX
1
EURCAD Is Very Bullish! Buy! Please, check our technical outlook for EURCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.479. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.482 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
EURCAD | Short D1 | Market Exec |Oil Over EuroTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is at last month's Resistance Trendline - Price action is in a Consolidation zone - Targeting the 38.2% Fibo retracement Fundamental Confluences for Trade: - ECB plans to cut interest rate next month would weaken the EUR - Oil price should sustain with all the ongoing geopolitical risks; supporting CAD economy Suggested Trade: Entry @ Area of Interest 1.4760 - 1.4790 SL @ 1.4820 TP 1 @ 1.4709 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.4664 Risk-to-Reward @ Approx. 2.34 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst