EURCADON THE WEEKLY,
⚡️we established the major key monthly and weekly zone
⚡️ momentum loss of candles and appearance of bearish candles followed by 4 ⚡️multiple candle rejection on the weekly right at the key zone
⚡️wide weekly divergence right at the key zone which is very rare!! a week all signaling bearish hence we move to the daily timeframe!!
Get ready for a massive sell 📉
EURCAD trade ideas
EUR-CAD Will Keep Falling! Sell!
Hello,Traders!
EUR-CAD is going down
Now and the pair broke
The rising support line
Made a retest and is going
Down again now so we are
Bearish biased and we will
Be expecting a further
Bearish move down
Sell!
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EURCAD: True Bearish Reversal?!EURCAD formed a classic head and shoulders pattern following a retesting of an important historical resistance level.
A break below the neckline, accompanied by a strong bullish candle, confirms a bearish signal.
I anticipate a corrective movement, potentially reaching as low as 1.5555.
EUR_CAD BEARISH BREAKOUT|SHORT|
✅EUR_CAD made a bearish
Breakout of the support
Cluster of the rising and
Horizontal support lines
Around 1.5672 and the
Breakout is confirmed so
We are bearish biased and
We will be expecting a
Further bearish move down
SHORT🔥
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EURCAD Sellers In Panic! BUY!
My dear friends,
My technical analysis for EURCAD is below:
The market is trading on 1.5585 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.5728
Recommended Stop Loss - 1.5506
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURCAD Is Bearish! Sell!
Please, check our technical outlook for EURCAD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.564.
Considering the today's price action, probabilities will be high to see a movement to 1.543.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURCAD TOP DOWN ANALYSIS 4HR TIMEFRAMEOn the 4hr timeframe, we noted the key zone + breakout of the rising wedge and the trendline + confirmation candles for the breakout candle that formed afterwards hence we take a quick entry short in this short term retracement and our stoploss above the trendline etc. May the gains be with us all!!
EURCAD TOP DOWN ANALYSIS DAILY TIMEFRAME On the Daily, we established the key zone still lining perfectly on the daily time frame + another wide daily divergence right at the key level + price breaking out from the rising wedge and the trend line all signaling bearish and confirming the monthly and weekly bearish bias!!
EURCAD TOP DOWN ANALYSIS BEARISH BIASON THE WEEKLY, we established the major key monthly and weekly zone + momentum loss of candles and appearance of bearish candles followed by multiple candle rejection on the weekly right at the key zone + wide weekly divergence right at the key zone which is very rare!! a week all signaling bearish hence we move to the daily timeframe!!
Heading into 50% Fibonacci resistance?EUR/CAD is falling towards the pivot and could reverse to the 1st support which is a pullback support.
Pivot: 1.57044
1st Support: 1.54315
1st Resistance: 1.57990
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EURCAD: Strong Bearish Pattern Spotted 🇪🇺🇨🇦
EURCAD formed a huge head and shoulders pattern on a daily time frame.
Its neckline was broken yesterday with a high momentum bearish candle.
I guess that the pair may drop much lower now.
Next support - 1.55
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(A contrarian Re-Entry) EUR CAD #0015 Short Swing Trade- Trade heavily relies on the liquidity pools, the failed breakout of the Price Action along the Liquidity pools, and the presence of Order Block (ie, a reversal indication and a sign of exhaustion in Selling Sentiment - Short Term).
- We aimed to profit from the pip difference between the lower order block and the Fair Value Gap (FVG) during the correction phase.
- The correction phase is inevitable.
- The order block marked yellow is our place of entry.
- Holding Period will be between 1 day to 3 days
EURCAD Wave Analysis – 30 April 2025
- EURCAD reversed from resistance level 1.5880
- Likely to fall to support level 1.5495
EURCAD currency pair recently reversed down from the pivotal resistance level 1.5880 (which has been reversing the price from the start of July) intersecting with the upper daily Bollinger Band and the resistance trendline of the daily up channel from 2022.
The downward reversal from the resistance level 1.5880 created the weekly Shooting Star – a strong sell signal for EURCAD.
Given the overbought daily Stochastic and the strength of the resistance level 1.5880, EURCAD currency pair can be expected to fall to the next support level 1.5495.
EUR/CAD H4 AnalysisPrice has been in a correction pattern recently after the start of a bearish impulse from 1.5959
Now price has broken out and began the next impulse lower.
Look for a sell setup to target the -27% Fib and then potentially the -61.8% Fib.
This is an idea of what may happen. Always trade with a profitable strategy and good risk management.
EUR-CAD Bearish Breakout! Sell!
Hello,Traders!
EUR-CAD made a bearish
Breakout of the key horizontal
Level of 1.5700 and the
Breakout is confirmed
So we are bearish biased
And we will be expecting
A further bearish move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/CAD – Bearish Momentum ContinuesEUR/CAD – Bearish Momentum Continues
EUR/CAD remains in a strong bearish trend, consistently printing a series of Lower Highs (LHs) and Lower Lows (LLs). The market structure confirms ongoing downward momentum.
The recent candle also closed bearish, reinforcing the trend. Since the bearish structure is still intact, this could be a good opportunity to open a new short position, following the trend.
Trade Suggestion:
Entry: Sell at market price
Stop Loss & Take Profit: As indicated in the chart
EUR/CAD is in bearish trend.EUR/CAD is currently in a clear bearish trend, consistently forming a series of Lower Highs (LH) and Lower Lows (LL) — a strong indication of ongoing downward momentum.
The most recent candle closed bearish (red), reinforcing selling pressure. This provides a suitable opportunity to enter a short position at the current market price.
Trade Suggestion:
Entry: Sell at market
Stop Loss & Take Profit: As marked on the chart
EURCAD: Free Trading Signal
EURCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURCAD
Entry - 1.5687
Stop - 1.5644
Take - 1.5778
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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