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Eurcadanalysis

EURCAD LONG POSITION INCOMING!! Hi Guys, todays outlook is on EURCAD and we here at Safe Trade Academy are looking for long positions on this trade as we have the following confluences: *daily break of structure and break and retest of consolidation *h4 we are uptrending so just trading with the trend, also had an impulse followed by a coil and the institutional candle has also not being retested *fib levels confirm our entrys and targets *our eurgbp bias supports the long position
Long
by Jordan_g_tp
EURCAD SHORT-TERM BUYHey, if you like this idea be sure to support with a like and a follow. Here is my analysis for EURCAD for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell. What are your thoughts? Leave it in the comments below! Blue Signal FX Rules-Based Trading 1. CHECK THE NEWS! 2. WHAT IS THE OVERALL TREND? 3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)? 4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)? 5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE. 6. CHECK FOR DIVERGENCE.
Long
by bluesignalfx
EURCAD: intraday LongHi Traders, This is my view on this pair for the next few days #EURCAD BUY 1.4769 SL 1.474 TP 1.4877 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You ——————————— Pietro from Trading Kitchen
Long
by kitchen_trading
EURCAD - BEARISH BIAS===== MARKET OUTLOOK ===== EUR - BEARISH 1️⃣ The ECB agreed on Thursday to maintain an elevated pace of bond purchases while upwardly revised projections for the bloc's economic growth and inflation for 2021 and 2022. 2️⃣ ECB governing council member Gabriel Makhlouf said on Wednesday that it's too early to discuss the end of the European Central Bank's Pandemic Emergency Purchase Programme (PEPP). CAD - BULLISH 1️⃣ Canada’s annual inflation rate quickened to 3.6% in May of 2021 from 3.4% in April and was above market expectations of a 3.5% rise. It was the highest jump in consumer prices since May of 2011. 2️⃣ The oil sector remains positive as demand for oil will increase in the summer. ===== TECHNICAL ===== - We're looking to short #EURCAD on SBR + pivot point level on H1 chart with stop loss above yesterday high. ===== RISK TO THIS TRADE ===== - This trade will hit stop loss if oil prices decline.
Short
by MonsunAsia
EURCAD: angry bulls are commingAs you may see in the chart the pair completed a 3 wave down. this may be the end of a bearish run or just part of it. What is obvious in the chart is that we should have a bullish run at least to 1.5043 which is covered with to PRZ target. first the 1.618 extension of the previous upward movement. And the second is 0.382 fib ret of 3 or c. so I am going long with sl: 1.4700 and tp 1.5043 which brings me a 1/4 risk to reward. PLZ like and comment if you found this idea useful.
Long
by mgh85
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