Lingrid | EURCAD long OPPORTUNITY in Consolidation ZoneFX:EURCAD has formed a double bottom at the intersection of the support level and upward trendline after a steep correction from the 1.57201 high. The price is consolidating just above 1.56000, showing signs of reversal as it tries to reclaim the bullish structure. A confirmed breakout above minor
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's Triangle Hints Drop AheadThe correction looks like a contracting triangle, which is a common pattern in Elliott Wave theory. This kind of triangle usually forms during wave B or wave 4. It includes five smaller waves labeled A, B, C, D, and E, which move within two sloping lines that get closer together. There is also a dem
EUR/CAD 1H SELL Chart Analysis 02/06/2025This 1-hour EUR/CAD chart illustrates a short trade setup based on price action and supply-demand zones. The entry is near 1.56887, just below a significant resistance/supply zone marked in yellow and red, with the stop-loss positioned at the upper boundary near 1.57235. This area corresponds to a p
EC RANGED PRICE ACTION Price has been trading around a range for the last couple of weeks. Waiting on a breakout to see where possible next levels of Support/resistance might print out. Biased on a LL, favoring a Bearish breakout. But, as it can be seen on the the chart price holds support strong. Lets wait and see wait t
EURCAD BULLISH OR BEARISH DETAILED ANALYSISEURCAD is currently consolidating within a clean symmetrical triangle formation on the 8H chart, tightening between dynamic support and resistance. Price is hovering around 1.56200 and coiling at the apex of the triangle, suggesting a breakout is imminent. With this structure developing over several
EUR/CAD Raid Alert: Last Chance to Loot This Bullish Breakout!🏴☠️ EUR/CAD LOOT ALERT: Can We Steal 100 Pips Before the Trap Springs? (Thief Trading Blueprint)
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Attention Forex Bandits & Loonie Raiders! 💶🦫💰
🔥 Thief Trading Intel: We're targeting EUR/CAD for a MA breakout heist! Long entry only - eyeing that 1.57200 bre
EURCAD 4H Long 📘 Educational Trade Breakdown
🟩 EURCAD 4H Long Setup (Smart Money Strategy)
I've taken a long on EURCAD from 1.56166, after price tapped into a bullish order block and showed signs of accumulation around a structural BOS and trendline confluence.
📈 Entry: 1.56166
🎯 Take Profit: 1.59601
🛡️ Stop Loss:
EURCAD BUYPrice is in a Weekly Uptrend.
Price attempted to reverse with head & shoulders but failed instead making new higher low at (1.54797).
Price is making rising higher lows and higher highs as it approaches head & shoulders neckline.
Key Support & Resistance level that is tested multiple times at (1.569
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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.