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EURCAD

EUR/CAD BUYERS WILL DOMINATE THE MARKET|LONG Hello, Friends! We are going long on the EUR/CAD with the target of 1.607 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1
EURCAD What Next? BUY! My dear friends, My technical analysis for EURCAD is below: The market is trading on 1.5784 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.5907 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
EUR/CAD: Shorting the Climactic Rally Near 1.6000The strong rally in EUR/CAD has pushed the pair into extreme territory, approaching a major psychological and structural resistance zone. While momentum has been strong, this looks like a potential climactic or "blow-off" top, offering a highly favorable risk/reward opportunity to short the pair in alignment with the weak underlying Euro fundamentals. The Fundamental Why 📰 The core thesis remains bearish for the Euro. The European Central Bank (ECB) maintains a distinctly dovish tone, signaling a willingness to ease policy further to support a slowing Eurozone economy. This fundamental headwind suggests that extreme rallies in Euro pairs are often exhaustive and present prime shorting opportunities. The Technical Picture 📊 Major Supply Zone: The price is entering a critical multi-month supply zone between 1.5950 and the key psychological level of 1.6000. This is a major ceiling where significant selling pressure is anticipated. Fibonacci Extension: This area aligns with a key Fibonacci extension level (1.272) from the last major impulse wave, a common zone where trending moves become exhausted and reversals begin. Pronounced RSI Divergence: A clear bearish divergence is forming on the daily chart. As price makes this final push to a new high, the Relative Strength Index (RSI) is making a significantly lower high, signaling a deep exhaustion of buying momentum. The Counter-Trade Rationale 🧠 This is a high-level fade. We are positioning for a reversal at a major, technically significant ceiling. The extreme price extension, combined with clear momentum divergence, indicates that the risk of buying at these highs is substantial. By shorting here, we are betting that the powerful technical resistance and weak fundamentals will trigger a significant correction. The Setup ✅ 📉 Pair: EUR/CAD 👉 Direction: Short ⛔️ Stop Loss: 1.63230 🎯 Entry: 1.59490 ✅ Take Profit: 1.52008 ⚖️ Risk/Reward: ≈ 2:1
Short
by MaxellAguiran
EURCAD The Target Is DOWN! SELL! My dear subscribers, EURCAD looks like it will make a good move, and here are the details: The market is trading on 1.6089 pivot level. Bias - Bearish My Stop Loss - 1.6104 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.6061 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
EURCAD Will Go Down! Short! Please, check our technical outlook for EURCAD. Time Frame: 15m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.608. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.607 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
EUR-CAD Risky Short! Sell! Hello,Traders! EUR-CAD is trading in a Strong uptrend so we are Bullish biased long-term However a strong horizontal Resistance is ahead at 1.6110 And the pair is overbought So after the retest of the Resistance we will be Expecting a bearish correction Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TopTradingSignals
1
EURCAD Buyers In Panic! SELL! My dear friends, My technical analysis for EURCAD is below: The market is trading on 1.6005 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.5956 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
EURCAD - Follow the Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈EURCAD has been overall bearish , trading within the falling red channel and it is currently retesting the upper bound of the channel. Moreover, it is rejecting a weekly resistance marked in blue. 📚 As per my trading style: As #EURCAD is around the red circle zone, I will be looking for trend-following sell setups on lower timeframes. (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
13
EUR/CAD BULLISH BIAS RIGHT NOW| LONG Hello, Friends! Previous week’s red candle means that for us the EUR/CAD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.600. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1
"EUR/CAD Price Pirate Mode: Long Entries Loading!"🔥🚨 "EUR/CAD BANK HEIST: The Ultimate Bullish Loot Grab! (Thief Trading Style) 🚨🔥 🌟 Greetings, Market Pirates & Profit Raiders! 🌟 (Hola! Oi! Bonjour! Hallo! Marhaba!) The EUR/CAD "Euro vs Loonie" vault is WIDE OPEN—time to execute the Thief Trading Heist Plan! 🏦💰 Based on 🔥 high-probability technicals & stealthy fundamental analysis 🔥, here’s how we SWIPE THE LOOT before the bears catch on! 🎯 TRADE SETUP (Scalping/Day Heist) 📈 Entry (Bullish Raid): "The vault door is cracked—enter anywhere!" Pro Thief Move: Use buy limit orders near swing lows (15M/30M) for sneaky pullback entries. Advanced Raid Tactics: Layer entries (DCA-style) for maximum loot efficiency. 🛑 Stop Loss (Escape Route): Swing Low (4H) = 1.58800 (Adjust based on your risk tolerance & lot size!) Thieves’ Golden Rule: "No heist is worth a jail sentence!" 🚔💨 🎯 Take Profit (Escape Before the Cops Arrive!): Primary Target: 1.62300 (or exit early if resistance gets too hot!) ⚠️ Danger Zone: High-voltage resistance = Bear Trap Territory! ⚡🐻 💡 WHY THIS HEIST WILL WORK: ✅ Bullish Momentum Intact (Price structure favors buyers) ✅ Weak CAD Fundamentals (Loonie under pressure) ✅ Smart Money Algos Likely Pushing Higher (COT data hints at institutional bias) 📰 NEWS ALERT (Avoid the Market Police!) 🚨 Upcoming High-Impact Events? Avoid new trades during news spikes! Trailing stops = Your getaway car! 🚗💨 💥 BOOST THIS HEIST! (Let’s Get RICH Together!) 🔥 Hit the 👍 LIKE & 🚀 BOOST button to strengthen our robbery squad! 💬 Comment your entry & TP—let’s track the loot! 🔔 Follow for DAILY HEIST PLANS! ⚠️ DISCLAIMER (Stay Out of Jail!): This is NOT financial advice—just a pirate’s treasure map! 🗺️ Manage risk like a pro thief—don’t blow your capital! 🚀 Ready to RAID? Let’s STEAL those pips! 🏴‍☠️💸
Long
by The-Thief
EURCAD Forming Bullish ContinuationEURCAD has recently respected a key demand zone and is now beginning to show early signs of bullish continuation. After a clean breakout above the 1.5900 resistance level earlier this month, price retested this structure and held strongly, creating a textbook bullish rejection wick. This price behavior suggests the pair is gearing up for another impulsive leg to the upside. I'm watching for follow-through momentum targeting the 1.6390–1.6400 zone in the coming weeks, aligning with the risk-to-reward setup visible on the chart. From a fundamental perspective, the euro remains relatively supported following recent ECB comments signaling a more patient stance on future rate cuts. While inflation in the Eurozone has shown some signs of easing, policymakers remain cautious, especially with energy prices fluctuating again. On the other side, the Canadian dollar has been under pressure due to weaker-than-expected domestic growth and the Bank of Canada’s more dovish tone. Crude oil, which typically supports CAD, has been consolidating with no strong bullish drive lately, limiting CAD’s upside potential. Technically, the current structure favors bullish continuation. The clean rejection from the previous resistance-turned-support, combined with bullish price action forming a higher low, reinforces the bullish setup. As long as the 1.5900 zone holds, this remains a high-probability long trade setup with potential to deliver strong profits in alignment with the trend. Watch for daily closures above 1.6000 to confirm the next leg higher. Momentum indicators are flattening, and with liquidity sweeping both sides recently, it’s primed for a move. EURCAD remains on my radar for a swing buy opportunity, with the setup offering excellent technical confluence and favorable fundamental backing.
Long
by AndrewsMarket-Mastery
EURCAD – Two Key Levels, One Solid PlanOn this pair, we have two important levels: 🟡 The first level might act as a trap (stop hunting). So don’t rush to buy — wait for confirmation. 🟢 The second level offers a safer buy opportunity. As always, our plan stays firm — we don’t tell the market what to do, we follow it. 🔻 If a clean break and valid pullback occurs on the first level, a short trade toward the lower level is possible. ⚠️ This pullback short scenario is only valid until price reaches the lower level. If price hits the lower level and starts moving up, any short position becomes much riskier. Discipline > Prediction.
Long
by ForexCSP
EUR/CAD: Quant-Verified ReversalThe fundamental catalyst has been triggered. The anticipated strong Canadian CPI data was released as expected, confirming the primary driver for this trade thesis. Now, the focus shifts to the technical structure, where price is showing clear exhaustion at a generational resistance wall. 🧱 Our core thesis is that the confirmed fundamental strength of the CAD will now fuel the technically-indicated bearish reversal from this critical price ceiling. The Data-Driven Case 📊 This trade is supported by a confluence of technical, fundamental, and quantitative data points. Primary Technical Structure: The pair is being aggressively rejected from a multi-year resistance zone (1.6000 - 1.6100). This price action is supported by a clear bearish divergence on the 4H chart's Relative Strength Index (RSI), a classic signal that indicates buying momentum is fading despite higher prices. Internal Momentum Models: Our internal trend and momentum models have flagged a definitive bearish shift. Specifically, the MACD indicator has crossed below its signal line into negative territory, confirming that short-term momentum is now bearish. This is layered with a crossover in our moving average module, where the short-term SMA has fallen below the long-term SMA, indicating the prevailing trend structure is now downward. Quantitative Probability & Volatility Analysis: To quantify the potential outcome of this setup, we ran a Monte Carlo simulation projecting several thousand potential price paths. The simulation returned a 79.13% probability of the trade reaching our Take Profit target before hitting the Stop Loss. Furthermore, our GARCH volatility model forecasts that the expected price fluctuations are well-contained within our defined risk parameters, reinforcing the asymmetric risk-reward profile of this trade. The Execution Plan ✅ Based on the synthesis of all data, here is the actionable trade plan: 📉 Trade: Sell (Short) EUR/CAD 👉 Entry: 1.6030 ⛔️ Stop Loss: 1.6125 🎯 Take Profit: 1.5850 The data has spoken, and the setup is active. Trade with discipline.
Short
by MaxellAguiran
EURCAD Breakdown and Retest , All Eyes on SellingHello Traders In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET today EURCAD analysis 👆 🟢This Chart includes_ (EURCAD market update) 🟢What is The Next Opportunity on EURCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Short
by ForexMasters2000