EURCADEURCAD Daily chart is in a correction phase. The price has a chance to test the resistance zone 1.57436-1.57940. If the price cannot break through the 1.57940 level, it is expected that the price will drop. Consider selling the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
CADEUR trade ideas
EURCAD: Your Trading Plan For Today⚠️EURCAD is currently testing a recently violated horizontal support level within a trading range.
It is highly likely that this broken structure has now become resistance.
We will look for a confirmation to sell upon a bearish breakout of the neckline of a descending triangle pattern on the 1-hour timeframe.
A close of the hourly candle below 1.5545 will confirm this violation, with an anticipated bearish continuation targeting at least 1.5538.
EURCAD H2 Best Level to SHORT/HOLD +100/+200 pips🏆 EURCAD Market Update H2 chart
📊 Technical Outlook
🔸broke down on high vol
🔸compression BEAR FLAG
🔸Mid-term: BEARS 5500
🔸Status: compression/dump
🔸5710/5720 heavy S/R BEARS
🔸5520/5540 key s/r zones below
🔸Price Target Bears: 5520
🔸final pump possible
🔸strategy: SHORT SELL 5710/5720
🔸SL 40 pips TP1 +100 pips TP2 +200 pips
🔸swing trade setup for patient traders
📊 Forex Market Update (May 7, 2025)
🇪🇺 EUR/USD
📉 Price: \~1.1370
USD strength ahead of Fed dampens Euro
German HCOB Services PMI fell in April; ECB rate-cut bets rising
Key Levels: Support 1.1320 | Resistance 1.1380
🇬🇧 GBP/USD
📉 Price: \~1.3320 (slid from recent highs)
Modest USD buying ahead of Fed decision
BoE policy caution keeps Pound in check
Key Levels: Support 1.3300 | Resistance 1.3400
🇺🇸 DXY (US Dollar Index)
📈 Price: \~99.39
Supported by rising U.S. yields and Fed rate-cut delays
Pressured by strategic uncertainty and trade tensions
Key Levels: Support 98.00 | Resistance 100.00
EURCAD WILL GO UPIt as not been an easy one for PEPPERSTONE:EURCAD regaining back its bullish moves after previously falling from the monthlytf resistance @1.59617. Currently The 61.8% fib level and 200EMA as we can see on this H4 charts is giving enough protection blocking the price from going low further, Finally we had another bounce off the 200EMA today, in my own view, team Bullish now have the upper hand, and we will see EURCAD go up till at least 1.578.
Buy EURCAD @1.56592
Ready to raid the EUR/CAD ("Euro vs Loonie") with precision?✨ Greetings, Market Mavericks & Currency Pirates! ✨
🔍 Thief Trading’s Heist Blueprint (Bearish Raid Mode)
Short entry activated—targeting the high-risk Green MA Zone.
Oversold market? Consolidation? Reversal trap? Bullish robbers lurking?
Perfect. We strike where they least expect. 🎯 Steal the profits and vanish before the alarms sound!
⚡ Entry Strategy (Sneaky & Strategic)
"The vault’s unlocked—swipe the bearish loot at any price!"
*→ Prefer sell limits within 15-30 min (nearest swing highs/lows for clean pullbacks).*
🛡️ Stop Loss (Escape Route)
*→ Thief SL set at nearest swing high/low (4H timeframe).*
→ Adjust based on risk, lot size, & multiple orders.
💰 Take Profit (Loot & Scoot)
→ Primary Target: 1.53000
→ Or escape early if the heist gets too hot.
🌪️ Market Context (Why This Raid?)
Bearish momentum fueled by:
Macroeconomic tides
COT whispers
Sentiment shadows
Check out there👉🏻🌏🌎🔗🔗
📊 Sentiment Snapshot (May 13, 2025, UTC+1)
Retail Thieves:
🟢 Bullish: 34% 😏 (Betting on Eurozone rebound)
🔴 Bearish: 56% 😣 (CAD strength, ECB dovishness)
⚪ Neutral: 10% 🤔
Institutional Thieves:
🟢 Bullish: 29% 💼 (EUR hedges on global risks)
🔴 Bearish: 61% ⚠️ (CAD oil rally, EUR slump)
⚪ Neutral: 10% 🧐
🚨 Trading Alert (News Survival Kit)
News = Chaos. Protect your loot:
Avoid new trades during releases.
Trailing stops = Profit shields.
💎 Boost This Heist → Fuel Our Next Raid!
Hit 💥Boost💥 to join the crew. More market heists = More stolen pips. 🏴☠️
Stay sharp—another heist drops soon. Until then, trade sly & profit big!
— Thief Trading Syndicate 🎩🔓
RISK ON = STRONG AUD...BUT I prefer EURCAD SELLS!!!All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
www.tradingview.com
EURCAD: Bearish Outlook For Next Week Explained🇪🇺🇨🇦
Earlier, I shared a very bearish outlook for EURCAD on a daily time frame.
During the NY session on Friday, the price retested a broken support
of the flag and formed a head and shoulders pattern on that.
Its neckline violation provides a strong bearish confirmation.
I expect a bearish continuation on Monday.
Goal - 1.5505
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NO SET UP = NO TRADE....so be PATIENT!!! EURCAD SELL part 2All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
www.tradingview.com
A LESSON IN PATIENCE!!!! Part 3 of EURCAD SELLS!!!All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
www.tradingview.com
EURCAD: Another Bearish Pattern 🇪🇺🇨🇦
Earlier, we spotted a head & shoulder pattern on EURCAD on a daily
and a confirmed breakout of its neckline.
Analysing a price action, I spotted another bearish formation today.
The price formed a bearish flag pattern, and it is retesting a broken
trend line at the moment.
I think that the pair may drop lower soon.
Next support - 1.5503
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
SELL EURCAD for bullish trend reversal STOP LOSS: 1.5678SELL EURCAD for bullish trend reversal
STOP LOSS: 1.5678
Regular Bearish Divergence
In case of Regular Bearish Divergence:
* The Indicator shows Lower Highs
* Actual Market Price shows Higher Highs
We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart.....
The daily time frame is showing strength of trend reversal from this level resistance so we
are looking for the trend reversal and correction push from here .....
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with….....trading with the trend, patient and good risk management is the key to success here
EUR/CAD LongMacro fundamentals favor EUR strength: Strong Q1 GDP, sticky inflation, and no urgency for ECB rate cuts.
CAD is weakening: Oil prices are down ~15% for the month, BoC is leaning dovish, and trade risks remain elevated.
Technical structure is bullish: EUR/CAD broke above multi-year resistance at 1.5500. Price is now pulling back into that zone, which is likely to act as support (classic break-and-retest setup).
Monthly and weekly candles both support a bullish continuation, and this entry gives you a clean structure with tight risk and high reward potential.
EUR/CAD Swing Long Trade Setup
Entry: 1.5520 (buy limit)
Stop Loss: 1.5375 (below weekly structure and invalidation point)
Take Profit 1: 1.5800
Take Profit 2: 1.6000
EURCAD no3 view, bearish continuation still to expect
OANDA:EURCAD last two analysis on EURCAD doing, going good, will be attached, having now one more update and new view.
Price at end is break RAISING WEDGE and BEARISH FLAG, pushing strong bearish, strong volumem and momentum is gathered and still here having strong bearish expectations.
SUP zone: 1.57200
RES zone: 1.53000, 1.51600