EURCAD - BULLISH MOVEHello Traders !
The EURCAD failed to create a new lower low !
Currently, The Lower high is broken (change of character).
So, I expect a bullish move🚀
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TARGET: 1.55970🎯
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.
Skeptic | EUR/CAD at Crossroads: 1.55849 vs. 1.53291Welcome back, guys! 👋 I'm Skeptic.
Today, we’re diving deep into EUR/CAD, analyzing key levels and potential triggers. 🔍
Market Structure & Current Outlook
Looking at the 4H time frame , we initially saw an accumulation phase from February 3rd to February 24th. After breaking out from the acc
EUR/USD (2H Timeframe) Trade PlanEUR/USD (2H Timeframe) Trade Plan
🔹 Trade Setup: Bullish Breakout & Retest
Since the price has broken the downtrend and is testing a key level, the plan is to enter on a retest confirmation.
📌 Entry Strategy
Entry Point: Wait for a retest of 1.0820 - 1.0840 zone.
Look for bullish rejection signals
EURCAD - Inverse head and shoulder on a monthly timeframeJM-CAPITAL - My 2cents on EURCAD for the month of April 2025 - Still on the inverse Head and shoulder
After a 38.2% retracement from the previous month high, I see a continuing uptrend on EC to reach 1.595.
While doing some HH and HL, my entry will respect some QP and take profit as I see fit.
Ma
EUR/CAD LONG Investment OpportunityHello, I am Forex Trader Andrea Russo and today I want to talk to you about an interesting trade on EUR/CAD.
In the world of Forex, every trade is a combination of analysis, strategy and intuition. Today I decided to open a buy position (BUY) on EUR/CAD based on the 4-hour timeframe. This choice co
Bearish revrsal off pullback resistance?EUR/CAD is rising towards the pivot and could reverse to the 1st support which is a pullback support.
Pivot: 1.5629
1st Support: 1.5420
1st Resistance: 1.5731
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to
Break of Structure happen on EUR/CADIn 12 March 2025, Bank of Canada announced overnight rate same as forecast result which is 2.75%. While 18 March 2025, Consumer price index seem increase different 0.5% from forecast result. Both also have a good impact to the Canada currency. From the chart, we saw the break of structure happen, cu
Bearish reversal off pulback resistance?EUR/CAD is rising towards the resistance level which is a pullback resistance that line sup with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.5548
Why we like it:
There is a pullback resistance level that line sup with the 38.2% Fibonacci retracemen
EURCAD Long potentialLooking for intra positions on Eurcad, potential tariff news for canada can see eur holding for a potential long.
Tight SL potential re entry if stop loss hit.
1:4 and swings 1:6
EURCAD Bearish OutlookHere is my Analysis for the EURCAD Outlook for the coming weeks.
Price is approaching correctively to the Lower time frame 0.618-0.500 level or Golden ratio, expecting the price would react on that Sell Zone as illustrates in the chart.
Expecting price to drop from the Sell Zone area towards the H
See all ideas
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 1.56410 CAD — it has increased by 0.50% 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 2.23%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURCAD showed a 1.36% rise over the past week, the month change is a 2.40% rise, and over the last year it has increased by 7.05%. 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 strong 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.