COUNTER-TREND TRADING...SAFE OR RISKY?....EURCAD LIVE EXAMPLEWhat is going on everybody! Hope you are having an amazing weekend so far! Just wanted to come on here and speak a little bit about one of my favorite trading subjects which is counter-trend trading! I personally do counter-trend trading as one of my trading strategies so I wanted to come on here an
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.
Smart money concept.i think the EURCAD is going up temporarily because the the 1H is downtrend and the 15m is making an uptrend move.
EUR/CAD Short H4 "Let's wait for Pullback !!!"Sell Limit @ 1.50914
S/L @ 1.51816
T/P1 @ 1.48191
T/P2 @ ---------
R.R.R. @ 1/3
Pure Price Action Trading based on Pullback of Key Level.
Keep it calm and keep trading !
EURCAD next possible moveWe are waiting for our asset to reach our action zone, and based on the reaction, we’ll decide on our next moves.ALWAYS WAIT FOR A CONFIRMATION TO SEE IF THE PRICE VALIDATES THE ZONE.
Sell eurcadHere's the deep analysis of eurcad
Remember what i am saying from September about this pair, don't look and open buy trade , a big fall will come soon
And also remember we already made 400 pips from this pair in selling 2 times each (200)pips
Monthly daily and weekly oversold pair
Just wait a litt
EURCAD BEARISH TRADE IDEA looks a good trade idea for me
manage your risk and its not a financial advice
Crucial EUR/CAD Trade Plans (Short Fall)Market slowly falling within current ranges opens up the door to shorts.
Any sentiment shift favouring risk on may assist fall.
#EURCAD 1DAYEURCAD Daily Analysis
The EURCAD pair is currently trading near the lower boundary of a well-defined channel on the daily chart, where it has reached channel support. This support level suggests potential buying pressure, as the price has historically rebounded from this area within the channel, cr
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of EURCAD is 1.49104 CAD — it has decreased 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 0.73%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURCAD showed a −1.69% fall over the past week, the month change is a −0.55% fall, and over the last year it has increased by 1.22%. 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 sell 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 neutral signal, and 1 month rating is buy. See more of EURCAD technicals for a more comprehensive analysis.