EUR_CAD LOCAL REBOUND COMING|LONG|
✅EUR_CAD is trading in
A strong uptrend and the pair
Made a local correction on Friday
To retest the local horizontal
Support level of 1.5700 so
A bullish continuation is to
Be expected but a small
Lot size use is advised
LONG🚀
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Disclosure:
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 Breakdown Watch–Bearish Divergence + Fundamental WeaknessEURCAD rallied into a key turncoat zone (former resistance → support)
Currently consolidating within this zone and showing clear RSI bearish divergence on both 1H and 4H timeframes.
Price is losing momentum while macro and seasonal factors align for a short bias.
🔍 Macro & Seasonality Confluence:
EURCAD A Fall Expected! SELL!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.5694 pivot level.
Bias - Bearish
My Stop Loss - 1.5752
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5581
About
(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
EUR/CAD Daily AnalysisFriday saw price attempt to break the 1.5800 zone for a second since March.
However with a failure to break and close above, a break below the days low of 1.5640 could see price continue lower towards the most recent support at 1.5400.
This is just an idea of what may happen. You should always tra
EURCAD: Short Trade Explained
EURCAD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURCAD
Entry - 1.5807
Sl - 1.5889
Tp - 1.5626
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a mo
EURCAD: Short Trading Opportunity
EURCAD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURCAD
Entry Point - 1.5748
Stop Loss - 1.5828
Take Profit - 1.5595
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influence
EUR/CAD 1H Analysis – April 14, 2025📊 Current Price: 1.57582
🕐 Timeframe: 1 Hour
⚖️ Bias: Bearish (Short Setup Active)
🔍 Technical Breakdown:
Resistance Zone: 1.5783 - 1.5800
Price has tested this zone multiple times but failed to break above convincingly—forming a liquidity grab and now rejecting.
Entry: ~1.5758 (current market pric
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 1.57514 CAD — it has increased by 0.075% 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 0.31%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURCAD showed a 0.63% rise over the past week, the month change is a 0.53% rise, and over the last year it has increased by 7.19%. 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 strong buy signal, and 1 month rating is strong buy. See more of EURCAD technicals for a more comprehensive analysis.