18.07.25 Morning ForecastPairs on Watch -
FX:GBPAUD
FX:EURAUD
FX:EURNZD
FX:EURCAD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
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.
Related currencies
EURCADWEEKLY is bullish, I'm expecting the continuation if price breaks above the bearish candles and gives us a bullish OB. Then we can buy back to the weekly high. confirmation is waiting for the 4h bullish OB to form.
EURCADA sell setup is forming on EUR/CAD based on a fractal “N” pattern.
Wait for a pullback after the 50% level is broken.
YOU MUST BE A CONFLUENCE FINDER, let me explain.......All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain dir
Sell eurcadStrong sell expected in next few weeks
Already too overbought in monthly and weekly time frame
Buy trend Already breaks and retested again
Strong selling area
Sell eurcadStrongly sell expected from this marked area
Monthly and weekly overbought pair
Ready for the bearish correction now
Daily and weekly trend breaks and retested
EURCAD Buyers In Panic! SELL!
My dear friends,
My technical analysis for EURCAD is below:
The market is trading on 1.6005 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5956
About Used Indicators:
A pivot point is a technical analys
BUY EURCAD now for 4h time frame bullish trend continuationBUY EURCAD now for 4h time frame bullish trend continuation ...............
STOP LOSS: 1.5933
This buy trade setup is based on hidden bullish divergence trend continuation trading pattern ...
Always remember, the trend is your friend, so whenever you can get a signal that the trend will continue,
SHORT ON EUR/CADEUR/CAD has given us a nice CHOC (change of character) to the downside followed by a nice retest to supply.
I expect price to push up a little more into supply before dropping to the next support/demand level.
Looking to Catch 300-400 pips over the next few days.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
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.
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.