Continuation PatternWe might see this continuation pattern push us to the above POI where we will see this pair start to fall
About Euro / Canadian Dollar
The Euro vs. the Canadian Dollar. The Euro is the second most popular reserve currency in the world and is considered to be very stable. The Canadian dollar is the seventh most commonly traded currency in the world and is highly dependent on Canada’s exporting of its natural resources, especially oil.
Related currencies
EURCAD: Strong Bullish PatternObserve the price movement on 📈EURCAD.
The next buying signal will occur with a bullish breakout above the neckline of an ascending triangle pattern on the 4-hour chart.
A 4-hour candle closing above 1.6056 will confirm this breakout, with the next resistance level at 1.6105.
EUR/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are targeting the 1.594 level area with our short trade on EUR/CAD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
Disclosure: I am part of Trade Nation's Influence
Trade Recap CW27Quick and easy trade recap of my single position from last week with a cheesy little missed trade on EUR/CAD that should have been taken.
EUR CadHead and shoulders pattern? using yellow horizontal line as resistance hope it passes my ema and continue selling to my support line .
EURCAD Swing SellEURCAD will decline from this area observing this head and shoulders pattern. Price seems to be exhausted and may reverse anytime now
BUY EURCAD now for a four hour time frame bullish trend continuBUY EURCAD now for a four hour time frame bullish trend continuation ...............
STOP LOSS: 1.60037
This buy trade setup is based on hidden bullish divergence trend continuation trading pattern ...
Always remember, the trend is your friend, so whenever you can get a signal that the trend will
EURCAD: Liquidity taken, imbalance left behindPrice swept the liquidity above the previous day’s high and then broke structure to the downside. That’s often a sign that smart money was hunting stops before shifting direction. Now I’m watching for price to come back and fill the imbalance (FVG) it left after the break.
If that happens and price
EURCAD has broken belowEURCAD has broken below the ascending channel, suggesting potential bearish continuation. The move targets 1.60048 and 1.59905, with a clear invalidation level set above 1.60530. We are monitoring for confirmation of bearish control unless bulls step in to push price back above the invalidation leve
SELL EURCAD for bullish divergence trend reversal STOP LOSS: 1.6SELL EURCAD for bullish divergence trend reversal STOP LOSS: 1.6048
Regular Bearish Divergence
In case of Regular Bearish Divergence:
* The Indicator shows Lower Highs
* Actual Market Price shows Higher Highs
We can see a strong divergence on the MACD already and There is a strong trend rever
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The value of the EURCAD pair is quoted as 1 EUR per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 EUR.
EURCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.