EURCAD Approaching Major Resistance - Will Sellers Step In?OANDA:EURCAD is approaching a key resistance level, marked by significant selling pressure. This area has historically acted as a key supply zone, increasing the likelihood of a bearish reaction if sellers step in again.
The current market structure suggests that if the price confirms a rejection
About Euro / Canadian Dollar
The Euro vs. the Canadian Dollar. The Euro is the second most popular reserve currency in the world and is considered to be very stable. The Canadian dollar is the seventh most commonly traded currency in the world and is highly dependent on Canada’s exporting of its natural resources, especially oil.
EURCAD at 2009 Highs – Is a Massive 1,000 Pip Sell-Off Imminent?It's been a while since my last idea! (Too busy traveling lately 😅)
Today, we're zeroing in on a high-probability short setup on EURCAD. This pair has surged strongly since the start of the year, fueled by all the Trump-related market chaos.
Once we smashed through 1.52—last year's key resistance
EUR/CAD Trying To Breakout Strong Support , Be Ready For Sell !Here is my opinion about EUR/CAD , The price at very strong support and can`t close below it , so if we have a clear closure below it we can enter a sell trade with the retest and targeting 150 pips at least . just wait for the breakout and for bearish Price Action and then we can go down hard with
EURCAD Wave Analysis – 17 April 2025- EURCAD reversed from long-term resistance level 1.5840
- Likely to fall to support level 1.5400
EURCAD currency pair recently reversed down from the long-term resistance level 1.5840 (which has been reversing the price from the start of 2020) standing close to the upper daily Bollinger Band and t
EURCAD Short 4/21/2025EUR/CAD Short Setup – Stop Run and Weekly Reversal in Play
We started the week with a burst of bullish activity on EUR/CAD — but it’s looking more like a liquidity grab than genuine strength.
Sunday Open: Within 12 hours of the weekly open (during thin liquidity), price broke last week’s high
(A re-entry) EUR CAD #0013 Short Swing Trade- A trade limit order was initiated after a failed breakout occurred on the daily time frame against the last month's HIGH.
- This indicates exhaustion of the Buyers' interest.
- The presence of orderblock on the false breakout zone indicates a reversal pattern.
- However, not to be taken frankl
EURCAD Short 4//17/2025EUR/CAD Short (Re-entry After Rate Cut Reversal)
Got stopped out on the previous attempt — but this re-entry offered a stronger, higher-timeframe confirmation.
Daily Chart: We printed a long-tailed hammer rejecting hard off a key weekly zone. That wick tested liquidity and snapped back, giving
EURCAD: Bearish Continuation & Short Signal
EURCAD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURCAD
Entry - 1.5898
Stop - 1.5970
Take - 1.5735
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a
EUR-CAD Wait For Breakout! Buy!
Hello,Traders!
EUR-CAD has formed a
Bullish pennant pattern
While trading in an uptrend
So we are bullish biased and
IF we see a bullish breakout
We will be expecting a
Further bullish move up
Buy!
Comment and subscribe to help us grow!
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of EURCAD is 1.57680 CAD — it has increased by 0.41% in the past 24 hours. See more of EURCAD rate dynamics on the detailed chart.
The value of the EURCAD pair is quoted as 1 EUR per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURCAD has the volatility rating of 0.12%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURCAD showed a −0.15% fall over the past week, the month change is a 1.97% rise, and over the last year it has increased by 7.55%. Track live rate changes on the EURCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURCAD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURCAD shows the buy signal, and 1 month rating is strong buy. See more of EURCAD technicals for a more comprehensive analysis.