Bearish drop?EUR/CAD has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 1.4800
Why we like it:
There is a pullback resistance level.
Stop loss: 1.4847
Why we like it:
There is a pullback resistance level.
Take profit: 1.4682
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Eurcad!
EURCAD: Bullish Continuation is Highly Probable! Here is Why:
Balance of buyers and sellers on the EURCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
❤️ Please, support our work with like & comment! ❤️
EURCAD Will Grow! Buy!
Take a look at our analysis for EURCAD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.476.
The above observations make me that the market will inevitably achieve 1.480 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
EURCAD - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURCAD has been in a correction phase and it is currently approaching the lower bound of the blue channel.
Moreover, the green zone is a strong support zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #EURCAD approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom 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.
EURCAD Expected Growth! BUY!
My dear friends,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4823 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.4906
Recommended Stop Loss - 1.4770
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
EURCAD The Target Is UP! BUY!
My dear subscribers,
This is my opinion on the EURCAD next move:
The instrument tests an important psychological level 1.4882
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.4964
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
EUR/CAD BULLS ARE STRONG HERE|LONG
Hello, Friends!
EUR/CAD is making a bearish pullback on the 10H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.496 level.
✅LIKE AND COMMENT MY IDEAS✅
EURCAD Resistance , 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
1:2 RR made on EURCAD, but now what? I was hoping for more... The CAD fundamentals are very poor, and inflation is currently under control, so the Bank of Canada may continue to cut rates.
I'm not keen on buying the EUR. However, this trade is based on CAD weakness and strong EURCAD price action, more than a stronger euro. But, hey, Euro Area inflation is climbing and above target, so the ECB's rate-cutting cycle may be over.
I want to go long again. OANDA:EURCAD is clearly up-trending within a bullish channel on the weekly. However, it is ranging and choppy on the daily. The 4-hour may become oversold, which may provide an opportunity.
I guess it's a waiting game...
EUR/CAD Closed Below My Supp , Short Setup Valid With Retest !As you see in the chart we have a very good daily and 4h closure below my support , and the price now confirm that this pair will go down in the next days , so i`m waiting the price to go up a little and then we can enter a sell trade from my res area that show in the chart .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURCAD_4HEURCAD_4H BULLISH
Everything is mentioned on Charts.
Please always look for double confirmation before entry.
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
EURCAD: Trump Trade - Short Europe Vs CanadaFundamentals:
Canada looks better as it could settle some solution with Trump
Europe can't politically and economically agree on buying US cars and agriculture
Technicals:
EURCAD is in the range between 1.5113 and 1.4283 and hit the top of it recently.
Hence, odds are in favor of sell supporting fundamentals above.
Trade setup:
Short current (1.4907)
Stop 1.5301
Take profit 1.4283 (anywhere below 1.44)
Bearish drop?EUR/CAD is reacting off the pivot which has been identified as an overlap support and could drop to the pullback support.
Pivot: 1.49218
1st Support: 1.47989
1st Resistance: 1.50755
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.
EURCAD - Sell Setup at Clear Resistance ZoneOANDA:EURCAD is approaching a significant resistance zone. This zone has consistently acted as a key area of interest where sellers regained control, leading to reversals. If the price confirms rejection through bearish price action, such as wicks signaling rejection, I anticipate a move downward toward the 1.49600 level.
However, if the price successfully breaks and holds above the zone, this would invalidate the bearish outlook and could open the door for further upside.
Proper risk management is essential, given the possibility of price breaking higher.
This is not financial advice but rather how I approach support/resistance zones. Always wait for confirmation, like a rejection candle or volume spike before jumping in. And let me know what you think of this setup in the comments!
Falling towards 50% Fibonacci support?EUR/CAD is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.4922
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
Stop loss: 1.4840
Why we like it:
There is a pullback support level that is slightly above the 71% Fibonacci retracement.
Take profit: 1.5067
Why we like it:
There is a pullback resistance.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EURCAD: Bearish Continuation & Short Signal
EURCAD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURCAD
Entry - 1.5063
Stop - 1.5120
Take - 1.4959
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EUR/CAD SHORT FROM RESISTANCE
Hello, Friends!
EUR/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. 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 1.465 area.
✅LIKE AND COMMENT MY IDEAS✅
Bearish drop off 38.2% Fibonacci resistance?EUR/CAD is rising towards the pivot which has been identified as a pullback resistance and could drop to the overlap support.
Pivot: 1.50485
1st Support: 1.49224
1st Resistance: 1.51355
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.
EURCAD"Hello, Fam! Here we are again, and today we’re taking a long position on this pair because the price has dropped below the 200 EMA on the 15-minute timeframe. We expect the price to move up to the 1.50909 level, where there’s an existing imbalance that may be filled, and it could also hit our R2 Fibonacci pivot."
Happy Trading! Peace out
Pullback resistance ahead?EUR/CAD is rising towards the pivot which acts as a pullback resistance and could reverse to the overlap support.
Pivot: 1.50485
1st Support: 1.49229
1st Resistance: 1.51335
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.
EURCAD: Bulls Will Push
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURCAD pair which is likely to be pushed up by the bulls so we will buy!
❤️ Please, support our work with like & comment! ❤️