EURCAD - LongEURCAD is bullish with no bearish divergence. Entry is at retracement at HL.Longby ZubairShah910
EURCAD chart shows a Bullish Flag PatternThis EURCAD chart shows a **Bullish Flag Pattern**, as indicated on the chart. **Key Observations:** - **Bullish Flag Pattern**: This is a continuation pattern that typically signals a potential upward breakout after consolidation. - **Resistance Zone**: Around **1.56200 - 1.56400**. - **Support Zone**: Around **1.55600 - 1.55700**. - **Moving Averages**: Price is trading above the moving averages, indicating bullish momentum. - **Volume Analysis**: Increased volume on the breakout suggests strong buying pressure. ### **Trading Plan:** - **Entry**: If price retraces to support and shows bullish confirmation, a buy trade can be placed near **1.55700 - 1.55800**. - **Stop Loss (SL)**: Below **1.55400** to minimize risk. - **Take Profit (TP)**: Around **1.57000 - 1.57500** in case of a breakout.Longby elitetrader9090Updated 0
EURCAD H1We have a strong demand zone if the price come back to it and show as confirmation we take long to the next high LRLongby LRFXpro0
EUR/CAD Buy Setup (Technical Analysis & Risk Management)EUR/CAD Buy Setup (Technical Analysis & Risk Management) Trade Parameters: Current Price: 1.55400 Support Level: 1.55200 Resistance/Target: 1.56400 Stop Loss (SL): 1.54800 Exponential Moving Average (EMA 20): Check if price is above EMA 20 for confirmation. Entry Criteria & Confirmation: ✅ Entry Point: Buy around 1.55400 after confirming support at 1.55200. ✅ Trend Confirmation: Ensure price is above the 20 EMA to align with bullish momentum. ✅ Candlestick Confirmation: Look for bullish candlestick patterns (e.g., bullish engulfing, hammer) near support. ✅ Volume Confirmation: Higher buying volume near support strengthens the trade setup. Risk Management: 🔹 Stop Loss (SL): 1.54800 (40 pips below entry) to limit downside risk. 🔹 Take Profit (TP): 1.56400 (100 pips above entry). 🔹 Risk-to-Reward Ratio (RRR): 2.5:1 (Good risk-reward setup). 🔹 Lot Sizing: Adjust based on risk percentage (e.g., risking 1-2% of capital per trade). Trade Scenarios: 📈 Bullish Case (Target 1.56400) If price holds above 1.55200 and remains above EMA 20, expect a bullish move towards 1.56400. 📉 Bearish Case (Stop Loss Hit at 1.54800) If price breaks below 1.55200, the setup weakens. If 1.54800 SL is hit, exit the trade to prevent further loss. Additional Confirmation (Optional): 📊 RSI (Relative Strength Index): Look for RSI above 50 to confirm strength. 📊 MACD (Moving Average Convergence Divergence): Bullish crossover supports the buy trade. 📊 Fibonacci Retracement: Check if 1.55200 aligns with a key Fibonacci level (e.g., 38.2% or 50%). Longby smarttradingstarUpdated 0
Digesting the US & Canada job numbers The numbers are out and, so far, the market is reacting logically. Let's dig in! NASDAQ:AMD NASDAQ:AVGO NASDAQ:NVDA MARKETSCOM:GOLD MARKETSCOM:EURUSD MARKETSCOM:DOLLARINDEX MARKETSCOM:USDCAD Let us know what you think in the comments below. Thank you. 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.10:45by Marketscom4
EURCAD POSSIBLE BUY CONTINUATION Price just broke a resistance level of 1.55469 a retest to this level will provide a good opportunity to go long. Fundamentally, the just released Canada unemployment rate came out worse than expected which further increase the probability of buy opportunity to emerge.Longby Cartela0
eurcadeurcad long trend is uptrend and now breakout trade with trend trend is your friend Longby trendwithbank1
EURCAD Wave Analysis – 6 March 2025 - EURCAD broke multi-year resistance 1.5100 - Likely to rise to resistance level 1.5770 EURCAD currency pair is rising sharply after the earlier breakout of the powerful multi-year resistance 1.5100, which has stopped all upward impulses from the start of 2021. The breakout of the resistance 1.5100 accelerated the short-term impulse wave 3 of the longer-term upward impulse sequence (3) from the end of 2024. Given the clear multiyear uptrend, EURCAD currency pair can be expected to rise to the next resistance level 1.5770, the former major price barrier from 2020 and the target for the completion of the active weekly impulse wave 3. Longby FxProGlobal0
EURCAD 30M TimeFrame BuyWe just saw good bullish movements from EURCAD now there is good potential for another bullish movementsby NGR_Tr0
EURCAD POSSIBLE BUY OPPORTUNITY Price is trending bullish after it hit the button level of 1.47808 a anticipate a bullish price movement to continue away from the current market price. A bullish breakout is expected from the highs of 1.501450Longby Cartela0
EURCAD: Wave 4 Nearing Completion, Wave 5 on the HorizonIt looks like we have completed or are close to completing wave 4 for EURCAD. Since wave 2 retraced to the 61.8% Fibonacci level, the fourth wave should be shallower, with a likely completion around the 38.2% Fibonacci retracement level. Additionally, the formation of wave 4 aligns with a price channel connecting the first three waves, reinforcing the overall structure. Once wave 4 is confirmed, I expect further market growth in wave 5, continuing the broader trend.Longby The_Traders_Memoirs0
EURCAD Approaching Major Resistance — Potential Sell OpportunityOANDA:EURCAD is approaching a significant resistance zone, a level where sellers have consistently stepped in, leading to notable bearish reversals in the past. This area is marked by strong selling interest and historical price reactions, increasing the likelihood of bearish move if sellers regain control. The current price action suggests that if the pair confirms resistance through signals like bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward 1.49830 — a logical target based on previous price behavior and market structure. However, if the price breaks above this zone and sustains, the bearish outlook may be invalidated, opening the door for further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!Shortby TrendDivaUpdated 2213
EURCAD-Bullish Flag Bullish trend continuation, entry can be taken at break of pole.Longby kiki_crypto0
EURCADHello this is my analysis about EURCAD now we have news for canada Im waiting here for buy side what do you think guys?Longby zahrakhezerlou72Updated 222
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.Longby TheSignalystUpdated 191968
Buy EUR/CAD High Impact NewsThe EUR/CAD pair on the M15 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 1.5086 2nd Resistance – 1.5124 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Longby KABHI_TA_TRADINGUpdated 3335
EurCad BuyExpecting it to rise in the coming hours right stop loss. **not financial advice** Please follow and like if you agree Longby ajnalden0
EURCAD: Short Trade Explained EURCAD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell EURCAD Entry Level - 1.5040 Sl - 1.5104 Tp - 1.4920 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals335
EURCAD 27.02.2025+ECB rhetoric : "more cuts in the pipeline" +Bearish eur seasonality after federal elections -COT: bullish EUR Shortby Cherry94115
EURCAD is in a Bullish Pattern After Testing SupportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD 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 ChartsLongby ForexMasters2000Updated 0
MY EURCAD BUY ANALYSIS. I tied breaking down this FX:EURCAD trading ideas from Monthlytf to H2. pls take your time out to watch the video o that you may understand what I'm up to.Long16:35by SunnyBabaFXUpdated 5
EURCAD is BearishPrice is in an uptrend, however the bears seem to be assuming control of the price action as a bearish divergence along with a double top pattern is printed, hinting bearish control. If previous higher low is broken successfully, then we can expect a bearish reversal as per Dow theory. Targets are mentioned on the chart. Shortby Fahad-Rafique112