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Eurcadshort

NAFTA vs. the EU; A "generational" Long! (but wait for it!)OK, so the CAD/HUF is not the most liquid of pairs - although quite tradable -, it is the pair which best expresses the upcoming abyss, the EU as a whole staring into. As for conviction; I owned some real estate all over the EU (not that I cared for them, too much. It was just a good price at the time.) BUT I've completed dumping them all - about 4 months ago. The funds raised by those sales are about to be dumped into this upcoming Long. This is just my personal take on it but I also feel very comfortable with this trade setup, including for the (very) long term. Here, the idea is, to go long the strongest NAFTA components vs. the weakest EU component. Everything that could be said about the Loonie and the HU Forint has been already said in previous posts - attached - thus, the only thing left here is to execute at the right time - clearly depicted on the main chart! The Monthly;
Long
by Nemo_Confidat
3
USDCAD (incl. all major CAD pairs) - Short; (very) Bearish!As a dyed-in-the-wool USD bull,(as of late) I've been fighting the urge to load up on the Loonie. - But I'm weak, so I fold. I also can't overlook the mounting evidence. All the planets are on their way for a (almost) perfect alignment for the Loonie; - It's been way oversold since the second half of 2022 (because of the rate hike pause by the BoC); - It is nearly impossible to make a case for anything other than one of (if not the") shallowest upcoming recession in the Western Hemisphere; - Their NATO role is "limited" - to put it mildly - and if anything that far away money pit (Ukraine) is filled by EUR & USD mostly, the least of all CAD; (If anything, the war may wake up Canada to at least start questioning their NATO membership role, all together - as it is even more pointless than it's ever been. (Who, and How, exactly is going to invade Canada?? ...) - Energy will continue to play a central role in world affairs; - It's a big place with few people, who have lots of stuff - including an idiotic central leadership, like Norway; (In politics, "The Greens" are like a watermelon; Green on the outside but red on the inside.) E.g., Long everything CAD, Short all else - for the foreseeable future.
Short
by Nemo_Confidat
EURCADEURCAD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
4
EURCAD - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on EURCAD . Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. We are near the point of interest, I wait price to fulfill the imbalance and to reject from bearish order block to open a short position. ‼️Attention!!! Due to the fact that we have news on CAD upcoming week, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
EURCAD SELL Hello Guys, Happy Sunday trust you are having a Blessed Day, Let’s Focused on EURCAD Sell Movement so Basically I do not have much to say on this analysis but I would probably advise you to save this picture and wait for it to play out before taking a sell because lot of money coming in on EURCAD. We broke our trend line and price went to a support lvl and what we are Currently waiting on price to reject the support lvl so we can see retest on our fib lvl 0.61 area which is the sell Zone, so let’s wait patiently for trade Confirmation, this would be my last a analysis for the day thanks guys.
Short
by GoCrazyfx0