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EURCAD trade ideas

EUR/CAD Trade Setup – Bullish BiasMarket Overview – Why EUR/CAD is Bullish 1. Euro Supported by Fundamentals The Eurozone is showing signs of recovery, with better-than-expected economic data and a stable inflation outlook. This strengthens investor confidence in the EUR. 2. CAD Weakness Driven by Oil & BoC Policy Oil prices remain soft due to slowing global demand, which directly impacts the Canadian Dollar. Additionally, the Bank of Canada has taken a more dovish tone, which adds further downward pressure on CAD. 3. Technical Signals Align with Bullish Outlook Strong rebound from 1.5540 support zone Price structure shows higher lows and higher highs 50 EMA crossing above 200 EMA (bullish signal) RSI holding above 50, indicating bullish momentum without being overbought 4. Sentiment Favoring EUR Over CAD Current market sentiment leans towards strength in the Euro over commodity-linked currencies, especially amid uncertainty and risk-off flows. Summary: This setup blends technical confirmation, fundamental strength, and a smart two-part risk-managed strategy. The first position is designed to bank quick gains, while the second gives us a chance to ride the bullish trend further — all while keeping total risk limited to $200. Risk Management: As always, stick to your SL and be ready to adjust if major economic events hit the calendar. EUR/CAD Trade Setup – Bullish Bias Pair: EUR/CAD Trend: BULLISH Entry (Buy Stop): 1.56012 Stop Loss (SL): 1.55300 Take Profit 1 (TP1): 1.56728 Take Profit 2 (TP2): 1.57086 Lot Size: 0.39 Total Risk: $200 Total Reward: $300 Strategy Breakdown: Two Trades, Managed Risk We're executing this setup with two positions, each with different risk-reward targets: Trade 1: Risk: $100 Reward: $100 Target: TP1 @ 1.56728 (1:1 R:R) Objective: Secure quick profits Trade 2: Risk: $100 Reward: $200 Target: TP2 @ 1.57086 (1:2 R:R) Objective: Capture extended move if momentum continues This dual-trade strategy allows us to lock in profits early while still having exposure to larger upside potential with controlled risk. #EURCAD #ForexTrading #TradingStrategy #TechnicalAnalysis #FundamentalAnalysis #ForexSetup #TradeIdea #BullishSetup #PriceAction #RiskManagement #ForexSignals #MarketAnalysis #CurrencyTrading #ForexCommunity #TradingPlan #ForexLife #ForexTrader #DayTrading #SwingTrading #SmartMoney
Long
by asimafridi
EURCAD H2 Best Level to SHORT/HOLD +100/+200 pips🏆 EURCAD Market Update H2 chart 📊 Technical Outlook 🔸broke down on high vol 🔸compression BEAR FLAG 🔸Mid-term: BEARS 5500 🔸Status: compression/dump 🔸5710/5720 heavy S/R BEARS 🔸5520/5540 key s/r zones below 🔸Price Target Bears: 5520 🔸final pump possible 🔸strategy: SHORT SELL 5710/5720 🔸SL 40 pips TP1 +100 pips TP2 +200 pips 🔸swing trade setup for patient traders 📊 Forex Market Update (May 7, 2025) 🇪🇺 EUR/USD 📉 Price: \~1.1370 USD strength ahead of Fed dampens Euro German HCOB Services PMI fell in April; ECB rate-cut bets rising Key Levels: Support 1.1320 | Resistance 1.1380 🇬🇧 GBP/USD 📉 Price: \~1.3320 (slid from recent highs) Modest USD buying ahead of Fed decision BoE policy caution keeps Pound in check Key Levels: Support 1.3300 | Resistance 1.3400 🇺🇸 DXY (US Dollar Index) 📈 Price: \~99.39 Supported by rising U.S. yields and Fed rate-cut delays Pressured by strategic uncertainty and trade tensions Key Levels: Support 98.00 | Resistance 100.00
Short
by ProjectSyndicate
39
Ready to raid the EUR/CAD ("Euro vs Loonie") with precision?✨ Greetings, Market Mavericks & Currency Pirates! ✨ 🔍 Thief Trading’s Heist Blueprint (Bearish Raid Mode) Short entry activated—targeting the high-risk Green MA Zone. Oversold market? Consolidation? Reversal trap? Bullish robbers lurking? Perfect. We strike where they least expect. 🎯 Steal the profits and vanish before the alarms sound! ⚡ Entry Strategy (Sneaky & Strategic) "The vault’s unlocked—swipe the bearish loot at any price!" *→ Prefer sell limits within 15-30 min (nearest swing highs/lows for clean pullbacks).* 🛡️ Stop Loss (Escape Route) *→ Thief SL set at nearest swing high/low (4H timeframe).* → Adjust based on risk, lot size, & multiple orders. 💰 Take Profit (Loot & Scoot) → Primary Target: 1.53000 → Or escape early if the heist gets too hot. 🌪️ Market Context (Why This Raid?) Bearish momentum fueled by: Macroeconomic tides COT whispers Sentiment shadows Check out there👉🏻🌏🌎🔗🔗 📊 Sentiment Snapshot (May 13, 2025, UTC+1) Retail Thieves: 🟢 Bullish: 34% 😏 (Betting on Eurozone rebound) 🔴 Bearish: 56% 😣 (CAD strength, ECB dovishness) ⚪ Neutral: 10% 🤔 Institutional Thieves: 🟢 Bullish: 29% 💼 (EUR hedges on global risks) 🔴 Bearish: 61% ⚠️ (CAD oil rally, EUR slump) ⚪ Neutral: 10% 🧐 🚨 Trading Alert (News Survival Kit) News = Chaos. Protect your loot: Avoid new trades during releases. Trailing stops = Profit shields. 💎 Boost This Heist → Fuel Our Next Raid! Hit 💥Boost💥 to join the crew. More market heists = More stolen pips. 🏴‍☠️ Stay sharp—another heist drops soon. Until then, trade sly & profit big! — Thief Trading Syndicate 🎩🔓
Short
by Thief_Trader
2
SELL EURCAD for bullish trend reversal STOP LOSS: 1.5678SELL EURCAD for bullish trend reversal STOP LOSS: 1.5678 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 reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this level resistance so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with….....trading with the trend, patient and good risk management is the key to success here
Short
by BALE_FX
NO SET UP = NO TRADE....so be PATIENT!!! EURCAD SELL part 2All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!! www.tradingview.com
Short
by Simply-Forex
EURCAD Bearish Breakdown – More Downside Potential Ahead?# EURCAD Bearish Breakdown – More Downside Potential Ahead? **Analysis:** EURCAD has broken below a key support level at **1.5710**, which previously acted as a consolidation base. This breakdown could signal the start of a deeper bearish move. The market structure is clearly shifting to the downside, with **lower highs and lower lows** forming. If bearish momentum continues, the price could drop toward the psychological zones around **1.5000** and potentially **1.4500**. --- **Key Technical Highlights:** - **Breakdown level:** 1.5710 (former support) - **Structure:** Bearish - **Target zone:** 1.5000 – 1.4500 - **Invalidation:** Bullish recovery above 1.5710 --- **Trade Idea (Not Financial Advice):** Watch for retests below 1.5710 to confirm bearish continuation. Short positions may be considered with proper risk management. --- > **Disclaimer:** > This analysis is for educational and informational purposes only and does not constitute financial advice. Always do your own research before making trading decisions. Trading involves risk, and past performance is not indicative of future results.
Short
by Forex_Int
EURCAD: Your Trading Plan For Today⚠️EURCAD is currently testing a recently violated horizontal support level within a trading range. It is highly likely that this broken structure has now become resistance. We will look for a confirmation to sell upon a bearish breakout of the neckline of a descending triangle pattern on the 1-hour timeframe. A close of the hourly candle below 1.5545 will confirm this violation, with an anticipated bearish continuation targeting at least 1.5538.
by linofx1
3
RISK ON = STRONG AUD...BUT I prefer EURCAD SELLS!!!All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!! www.tradingview.com
Short
by Simply-Forex
EURCAD SELL TRADE PLAN📈 🔥 EURCAD TRADE PLAN 🔥
 📅 Date: May 05, 2025
 📋 Trade Plan Overview: * Type: Intra-Day * Direction: Sell * Confidence: ⭐⭐⭐⭐ (82%) * Risk:Reward: 3.1:1 * Status: Awaiting Confirmation Guidance:
Prioritize this plan due to high structural and volume alignment + sentiment skew. Total portfolio risk = 0.50%. Primary Trade Plan: Intra-Day – Sell 📈 Market Bias & Trade Type * Bias: Bearish * Trade Type: Continuation * 🔰 Confidence Level * ⭐⭐⭐⭐ (82%) * Reason: H4 OB + liquidity sweep + internal BOS + D1 bearish structure * Breakdown: OB 30%, Liquidity 22%, Volume spike 15%, Macro 15% * 📌 Status
Awaiting Confirmation 📍 Entry Zones
 🟥 Primary Sell Zone: 1.5675–1.5695 (H4 OB + 61.8% Fib)
 🟧 Secondary Zone: 1.5715–1.5740 (FVG + inducement) ❗ Stop Loss
1.5758 (Above OB + 1x H1 ATR buffer ~60 pips risk) 🎯 Take Profit Targets * 🥇 TP1: 1.5580 (95 pips, 1.6:1, internal liquidity) * 🥈 TP2: 1.5490 (185 pips, 3.1:1, clean liquidity pool) * 🥉 TP3: 1.5400 (275 pips, 4.5:1, D1 swing low) 📏 Risk:Reward * TP2: 3.1:1 * TP3: 4.5:1 🧠 Management Strategy * Risk 0.50% of $ ($ , lots) * SL to breakeven after TP1 * TP1 = 50%, TP2 = 30%, TP3 = 20% trailed * Exit if H4 BOS against plan or VIX > 25 * Max portfolio risk capped at 3% ⚠️ Confirmation Criteria * H1 bearish engulfing inside zone * Volume spike on H1/M30 * Optional: RSI div on M30 * Ideal Entry: London session (2–5 AM NY) * Avoid 1hr before/after CAD news ⏳ Validity * Intra-Day Plan: Valid 12–18 hrs from tap * Expires: May 06, 2025 (NY close if not triggered) ❌ Invalidation * 1H close above 1.5760 * Macro CAD sentiment shift or DXY flips direction 🌐 Fundamental & Sentiment Snapshot * COT: EUR heavy long, CAD neutral * DXY: Softening bias (risk-on) * Retail: 74% long EURCAD (contrarian) * Cross-Pair: EURUSD unaligned, GBPCAD bearish * Cross-Market: Crude Oil firm, supports CAD * Macro: No ECB/BoC news today * Sentiment Score: +7/10 * Historical Win Rate (setup type): ~78% 📋 Final Trade Summary
EURCAD is in a bearish continuation with clean structural rejection zones forming on H4. Liquidity sweep + OB confluence + bearish order flow aligns with CAD macro stability. Execution pending confirmation via H1 candle + volume. Maintain strict risk and avoid news overlap.
Short
by jibkhan111