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EURCAD trade ideas

Bullish bounce?EUR/CAD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 1.47874 1st Support: 1.47379 1st Resistance: 1.48459 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.
Long
by ICmarkets
EURCAD Technical Analysis! SELL! My dear followers, This is my opinion on the EURCAD next move: The asset is approaching an important pivot point 1.4821 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.4783 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 A Fall Expected! SELL! My dear subscribers, This is my opinion on the EURCAD next move: The instrument tests an important psychological level 1.4776 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.4729 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
EURCAD Trading Signal Alert - Direction: BuyDear Traders, We have identified a promising opportunity in the EURCAD currency pair, and we recommend opening a Buy position based on the following parameters: Enter Price: 1.47486 Take Profit: 1.47641333 Stop Loss: 1.47300333 Our forecast suggests a favorable upward movement for EURCAD, supported by several key factors: 1. Technical Analysis: The pair is currently showing a strong bullish trend on the short-term charts, with consistent higher highs and higher lows. The current market price is approaching a significant support level, indicating a potential bounce back. 2. Fundamental Analysis: Recent economic data from the Eurozone has been positive, with better-than-expected GDP growth and improving investor sentiment. Meanwhile, the Canadian Dollar may face downward pressure due to recent declines in oil prices, a key export for Canada. 3. Quantitative Factors: According to the EASY Quantum Ai strategy, there are clear buy signals generated by the algorithm, which takes into account recent price movements, volatility, and historical performance patterns. We believe that these combined factors justify our Buy recommendation at the enter price of 1.47486, with a take profit target of 1.47641333 and a stop loss set at 1.47300333 to manage risk. Happy Trading! Disclaimer Please remember that trading carries risk. Always ensure to do your own research before making any trading decisions.
Long
by ForexRobotEasy
EURCAD Bullish Robbery PlanMy Dear Robbers / Traders, This is our master plan to Heist EURCAD bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 3h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
Long
by Thief_Trader
EurCad could visit recent lowsAt the beginning of last month, EUR/CAD tested the waters near the important 1.5 level. Sellers entered the market, causing the pair to drop to 1.46. A normal correction followed, and at the time of writing, the price is 1.4750. The 1.48 level serves as significant horizontal technical resistance, and the recent rise appears to be a corrective move contained within a flag pattern. All this suggests that a new leg down is probable. I am looking to sell into rallies with a 1:3 risk-reward ratio.
Short
by Mihai_Iacob