EURCAD BullishI like to have consistency in movements and respect the direction of the daily and weekly charts.
I see the formation of a triangle on the daily chart. And we have a possible entry confirmation at the 1.56803 level. Good luck.
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.
EUR_CAD LOCAL SHORT|
✅EUR_CAD is going up now
But a strong resistance level is ahead at 1.5760
Thus I am expecting a pullback
And a move down towards the target of 1.5660
SHORT🔥
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EUR/CAD Best Place To Sell Very Clear , Ready For 250 Pips ?Here is my opinion on EUR/CAD , I See that the price will touch 1.59500 and then go down very hard cuz it`s a very good res area and forced the prices to go down very hard last time and prove that it`s a good res , so i will sell this pair when the price touch this area and give us a good bearish pr
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:
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
EURCAD The Target Is DOWN! SELL!
My dear friends,
My technical analysis for EURCAD is below:
The market is trading on 1.5657 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5622
About Used Indicators:
A pivot point is a technical analy
EUR/CAD SELLAs you see from the chart it is a huge sell chance for EUR/CAD welcome on board ladies and gentleman. This is your captain talking take care of each other because price will going to crash soon!
EUR/CAD Will NFP Ignite Wave 3?EUR/CAD has carved out a clear 5-wave impulsive structure with a completed Wave 1 and Wave 3. Wave 2 was a sharp correction, while Wave 4 has been more sideways—just as the Elliott Wave guideline of alternation would suggest.
Now, Wave 4 found support right at the 38.2% retracement of Wave 3 (a com
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
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
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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.
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Frequently Asked Questions
The current rate of EURCAD is 1.56889 CAD — it has decreased by −0.18% 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 0.76%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURCAD showed a 0.51% rise over the past week, the month change is a 0.91% rise, and over the last year it has increased by 5.78%. 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 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 buy. See more of EURCAD technicals for a more comprehensive analysis.