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EURCAD

EURCAD - 4hrs ( Buy Trade Target Range 300 PIP ) Pair Name : EUR/CAD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 1.45000 Area Reasons - Major Turn level - visible range lvn - visible Range Value - Visible / Hvn - Month Low Area - Trend Break Out Bearish Reversal 1.48500 Area Reasons - Major Turn level - Visible Range lvn - Pattern Target - Choch Area - Fibo Golden
Long
by GoldenEngine
EURCAD Next MoveHello Fellow Traders, Its BEEN A WHILE! I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For XAUUSD The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some (Rejection / Confirmation / Direction) 2.Wait for confirmation(Price Action Confirmation ( Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance) 3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND ) 4.Always Use Risk Management (Risk 1% of your capital) 5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation) 6.Trade at own risk! &. Plan Your Trade & Trade The Plan! Let Me know if you have any Questions or Comments Below! Negative Or Insulting Comments Are Not Welcome See You in the next Analysis! Global Fx Education
Short
by Global_Fx
Breakout of the daily flag, likely more down side... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
EURCAD SHORT TO 1.38000EURCAD have been on the rise since August 2022, and now approaching the highs of 2022, what are my expectations? We can see that above the 2022 highs, there is a weekly imbalance I labelled, so price might get to that highs before going bearish, remember that the first leg of the M formation, formed on December, so this will be our second leg. So we expect this move to flow to 1.38000 Why shorting? There on the monthly timeframe, there is a high resistance zone we are currently on and we expect continuation of trend to the downside. Please do share, and give a follow to support.
Short
by Superstarsony_05
13
EURCAD LowerTrying EURCAD lower here. We seem to be forming a bearish flag on the chart. Narrative seems to still support a move to the downside, the recent rise has been due to the ECB being more resolute on hiking rates than the market expected but i think with inflation continuing to come off fairly strongly and EU economic data still coming in worse than expected we should see people continue to take out long EUR trades. CAD should still benefit from a hawkish BoC and a strong economy to back it up at the moment. rate differentials are continuing to move lower which should help. sentiment is moving lower still while positioning is a little long on the pair. Not trading/investment advise, feedback welcome!
Short
by Spinning_
1
EUR/CAD - Short; Heavy resistance confluence!This pair is running into major resistance here, in an area of heavy confluence. This is the end of a corrective rally, in which all Euro pairs participated, off of their recent, major lows. (Mostly due to a, yet again, market wide delusion that the EU will have to tighten ("at least!") 375 basis points... When in reality, as the latest data illustrates, the EU couldn't even climb out of its decade long deflationary spiral despite a massive, war/sanctions - and categorically, self - induced inflationary spike.) Also, the EUR/GBP showing every sign of a top here, consequently, this pair makes an even stronger case for this Short than it's cousin's, the GBP/CAD. This pair is on the verge of a cliff with no technical support under the current levels, i.e., for the next -550 pips. Which makes it the obvious Short Target. Note; This has been stated time and again that these CAD pair shorts, while the case is strong, remain inferior to their USD cousins. The EUR/GBP picture
Short
by Nemo_Confidat
14
EURCAD I Potential bearish flag breakout Welcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
11
AUD/USD, USD/SGD, EUR/CAD and USD/CAD on watch for me today.AUD/USD: • If price pushes down to and ideally just below the lower descending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If price simply impulses back up above our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. USD/SGD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. EUR/CAD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses back down, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. USD/CAD: • If price impulses down below our rayline and it does so in a convincing manner, then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
by StewySongs
10
EUR/CAD Retests Major SupportIntroduction: EUR/CAD has recently demonstrated a significant technical development, as it successfully retested a major support level at 1.43. This retest, coupled with the formation of a higher market structure, suggests the potential for an uptrend in EUR/CAD, offering us a potential opportunity for profitable trades. The retest of the 1.43 support level holds great significance as it validates the strength of this area, indicating that buyers have emerged and are willing to defend this level. This creates a solid foundation for a potential bullish move in the pair. In addition to the successful retest, EUR/CAD has formed a higher market structure with a new higher low, indicating that a potential continuation of higher highs and higher lows could continue. This pattern suggests a potential shift in market sentiment, with buyers exerting more control over sellers. It also implies the presence of bullish momentum in the pair. Based on this analysis, we can consider setting three specific target levels as potential profit objectives: TARGET 1 : 1.4476 TARGET 2: 1.4648 TARGET 3: 1.4743
Long
by UnknownUnicorn48526553