Get started

Canadian Dollar/Euro

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

CADEUR trade ideas

EURCAD Can Fall Fall Further DownThe last standard W pattern had failed. EURCAD completed an extended W pattern. It showed some rejection from the top. We have a support level in there. If this support levels is broken and confirmed with a bearish signal, we can see a good short opportunity. Targets are on the screen: If you found this interesting please consider supporting this analysis by liking, commenting, and sharing with friends, colleagues, traders, and trading communities. Thanks👍🙂
Short
by vikinsa
Sell EUR/CAD Channel BreakoutThe EUR/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.4932, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.4880 2nd Support – 1.4853 Stop-Loss: To manage risk, place a stop-loss order above 1.4965. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you
Short
by KABHI_TA_TRADING
2
EURCAD Ahead Of The ECB Rate DecisionEURCAD Ahead Of The ECB Rate Decision This week on THURSDAY, JULY 18 the market will focus on the ECB Interst rate decision. The expectations are that the ECB may keep the rates on hold this time: ECB Main Refinancing Operations Rate at 4.25% ECB Rate On Deposit Facility at 3.75% It will be followed also by a press conference but if ECB doesn't change rates we may see EURO correction lower again by showing some weakness. Technical Analysis: EURCAD is testing a strong resistance zone. A move above the red zone may push EURCAD further to 1.5120 On the other hand if the price will stop in the current zone it may move down further. You may find more details in the chart! Thank you and Good Luck!
by KlejdiCuni
5
EURCAD Is Bearish! Sell! Take a look at our analysis for EURCAD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.491. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.488 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1