EURCAD - DivergenceThe EUR/CAD pair has exhibited bearish divergence, indicating the potential onset of a bearish trend.Shortby Choughle1
EURCAD-SELL strategy 4-hourly chartThe pair seems poised moving south, and corrective action towards 1.4765 area possible. Strategy SELL current @ 1.4870-1.4890 and take profit @ 1.4785 for now. SL above 1.4927. Shortby peterbokma442
EUR/CAD BEARS ARE GAINING STRENGTH|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 6H 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 1.481 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals112
EURCAD What Next? SELL! My dear friends, Please, find my technical outlook for EURCAD below: The price is coiling around a solid key level - 1.4860 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.4822 Safe Stop Loss - 1.4888 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals111
EURCAD: Strong Potential to Drop Lower 🇪🇺🇨🇦 EURCAD has a nice potential to drop lower after a false violation of a key horizontal resistance. The price just formed a strong bearish imbalance, confirming a bullish trap. I think that the pair may keep falling to 1.4847 support. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader224
EUR-CAD Potential Short! Sell! Hello,Traders! EUR-CAD is going up But the pair will soon Retest a horizontal Resistance level of 1.487 From where we will Be expecting a Local bearish pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too! Shortby TopTradingSignals113
EURCAD_BullishScript currently trading in the bullish zone and printing higher highs, we found this as an opportunity for a quick short scalping and identified the levels accordingly as well. DYOR (Do your own research)Longby Humza_Mehtab111
EURCAD is approaching a significant supportHey Traders, in today's trading session we are monitoring EURCAD for a buying opportunity around 1.47700 zone, EURCAD is trading in an uptrend and currently is in in a correction phase in which it is approaching the trend at 1.47700 support and resistance area. Trade safe, Joe.Longby JoeChampion112
EURCAD: Long From Support 🇪🇺🇨🇦 EURCAD may bounce from a solid intraday horizontal support. After its test, the price formed an inverted head and shoulders pattern and broke its neckline. I think that the pair can reach 1.483 level easily. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader115
Bearish reversal?EURCAD is rising toward the pivot point and could potentially fall to an overlap support However, a break above the pivot it could rise to the multi-swing high resistance Pivot: 1.4799 Support: 1.4737 Resistance: 1.4836 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 ICmarkets2
EUR-CAD Long From Support! Buy! Hello,Traders! EUR-CAD is making a Bearish correction but The pair will soon hit a Horizontal support of 1.477 From where we will Be expecting a Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals114
EURCAD H4Entry Price 1.47500~1.47650 Stoploss 20pips Below lowest price 1.47300~1.47500 (Stoploss range 30~35pips) Takeprofit at 1.48500Longby kyle7225223
EURCAD Sell Sell EURCAD from the Weekly resistance. Sellers are getting in strong and with volume!Shortby Dionisis0
EURCAD: Developing a major correctionEURCAD: Developing a major correction EURCAD is moving inside a large corrective pattern and it is showing clearly that we have a bullish and a bearish zone where the price reacted very well in the past. Considering also that the Eurozone Preliminary HICP inflation rose to 2.6% YoY in May vs. 2.5% expected, we can see EURO advancing more during the coming hours. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Longby KlejdiCuniUpdated 3317
5/30/24 - EURCAD Sell (cont.)selling ECAD continued analysis from previous post. looking to take profits at either LOD for 1:2 or 1:4Short03:53by victoriaawUpdated 661
EURCAD SHORTHello traders, The EUR/CAD setup looks promising. I have marked the important key level and my potential short position idea. I will provide an update if the market changes. Wishing you blue digits on your trading platform!Short03:03by TradebyRoss2
5/30/24 - EURCAD Analysisneutral on this trade idea need BOS to determine next steps18:42by victoriaawUpdated 0
EURCADEURCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?by JustTradeSignals4
SELL IDEA EUR/CADWe can expect to have a reaction in the direction of selling from the specified resistance zoneShortby Ali-Rezaei-FX222
EURCAD is on the Edge of Consolidation1. EURCAD trading above the trendline. 2. Once its swept the support zone we may take a short entry depends on the upcoming fundamental news. 3. If 1.47300 support level broken with 200 EMA crossed then its the confirmation for short. 4. I'll update further details on coming days. please follow and support. by Sha_The_Icon224
5/28/24 - EURCAD Analysisneed a break of structure to determine long's/short's either direction09:36by victoriaawUpdated 111
EURCAD: Three days cycleHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance ✅ Three days cycle Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside Backside ✅ 4. THESIS: Long: N/A Short: Possibility to see this market going to stop the previous LOW, long traders are still in profit and most of their SL are mostly below that level. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Shortby GianniPichicheroUpdated 446
EURCAD LONGPrice Action Day Trading Daily Bias: Bullish POI: H4 support level that have been rejected multiple times. Price retraced back and confluence with trendline. Price formed a double bottom at POI and created a higher high to confirm a trend reverse towards upside Setup: H1 broken resistance (neckline for double bottom pattern) with SL below Double bottom swing high. Targeting next daily swing high R:R 1:5 Longby royschen070