Get started

Euro / Canadian Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

EURCAD trade ideas

A Bearish OpportunityThe market has been forming a series of higher highs and higher lows, but with weaker broken highs. An hourly liquidity sweep led to a swift bearish movement, clearing the swing low at 1.47490. Anticipating a flip to level 1.48000 for a bearish entry. Trade Plan: - Entry: 1.48000 - Stop Loss: 1.48500 (50 pips) - Target: 1.45912 (over 200 pips) - Risk-Reward Ratio: Market Analysis: - Market structure: Higher highs and higher lows, with weaker broken highs - Liquidity sweep: Hourly sweep led to a swift bearish movement - Swing low: 1.47490
by tokelohomi
EURCAD ViEW!!Deutsche Bank has released a matrix of potential market reactions to various US election scenarios, while admitting that its own team is divided and the reactions are highly uncertain. "We see the most bullish dollar outcome as a red sweep and the most bearish dollar outcome on a blue sweep, but the magnitude of the moves is likely larger in the former," the report says. "We see short EUR/CAD and long MXN/ZAR as the two most asymmetric trades in FX heading in to the election."
Long
by FXBANkthe8055
Bullish rise?EUR/CAD is falling towards the pivot and could bounce to the 1st resistance which is an overlap resistance. Pivot: 1.4712 1st Support: 1.4708 1st Resistance: 1.5008 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
1
Overlap resistance ahead?EUR/CAD is rising towards the resistance level which is an overlap resistance that is slightly below the 61.8% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.48814 Why we like it: There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement. Stop loss: 1.5078 Why we like it: There is a pullback resistance level that lines up with the 88% Fibonacci retracement. Take profit: 1.45564 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
EURCAD may enter into may bullish phaseEURCAD may enter into may bullish phase Historically, seasonality data supports a bullish outlook for the EURCAD currency pair. However, the COT report on non-commercial positions does not align with this bullishness, showing a reversal trend against EUR relative to CAD. While CAD exhibits stronger endogenous positive sentiment than EUR, which challenges the bullish outlook for EUR, overall endogenous factors still favor EUR due to a significant rise in retail sales. Conversely, CAD's sentiment is improving due to a notable increase in manufacturing data and number of orders. Overall, a combination of leading economic indicators, along with endogenous and exogenous factors—supported by growth in real GDP aligned with global GDP—supports a bullish stance on EURCAD.
Long
by ammadbashir14
1
update on eurcad,the eurcad buys played out as anticipated. NB : the analyses update on the eurcad sells was based on the potential of market reversing . tp on the iniatial buy was hit , we got out at tp one and sell limits were activated . the sells SL was hit proving the initial analysed based on todays buys was correct. the take away is ; constantantly be pattient and trust your setup . do not make unnecessary analyses and trade updates when market is moving on your direction . eurcad trades ended in break even as the sl was measured on the R:R from the initial profit from the buy tp one . no loses incurred .
Long
by charterprice
1
update on the eurcad trade trade conditions updated due to strong bearish side. overall if in profit , adjust to take profit and look to sell under the following conditions. If price reaches the 1.4630-1.4650 zone and shows rejection (e.g., bearish engulfing candle, break of structure), consider selling near this level. Aim for 1.4550 (previous OB-daily) as the primary target. Place it above the buyside liquidity zone at 1.4665-1.4670. Allow price to reach key liquidity zones before making trading decisions. 1.4630-1.4650 Zone (Buyside Liquidity): This area could act as a significant resistance where price may seek liquidity. you should watch for bearish rejection here. 1.4550 Zone (Previous OB-Daily/Internal Liquidity): This is a critical support zone where buying interest could emerge if the price continues downward.
Short
by charterprice
eurcad pontential buy trade .The chart shows a strong bearish movement overall (downtrend), with some signs of a potential corrective move to the upside (green arrow pointing toward liquidity above). If price remains above the internal range liquidity and begins moving upward, the gap fill scenario could play out, targeting higher levels. If price forms bullish confirmation (e.g., bullish candlestick patterns or breaking a key intraday resistance), consider buying around 1.4600-1.4610. Wait for price action to show clear signs of rejection (bearish) or momentum (bullish) in the identified zones. Check for any high-impact events (e.g., central bank speeches, economic reports) that could affect EUR or CAD pairs. Monitor related pairs (e.g., EUR/USD, CAD/USD) to align directional biases.
Long
by charterprice
Shorting EURCAD: From Eiffel Tower to Canadian Beaver Tails- Your One-Way Ticket to Profits LOL The Eurozone's got more cracks than a sidewalk after a monster truck rally. Seriously, their economy's shakier than a chihuahua with a sugar rush. Canadian loonie's about to get stronger than a hockey player after a double-bacon poutine. Get ready for the maple syrup to flow like profits into your account! Europe's on vacation mode, but their currency ain't invited. While they're sipping piña coladas, the loonie's gonna be working overtime, leaving the Euro in the dust. Shorting EURCAD is like betting on a snail race against a cheetah. It's pretty much a guaranteed win (unless that snail has a hidden jetpack, which, let's be honest, is unlikely). Imagine all the maple syrup-flavored Lamborghinis you can buy with your EURCAD short profits! Okay, maybe not Lamborghinis, but definitely enough poutine to make your taste buds do a happy dance. So there you have it, folks. Shorting EURCAD is a recipe for financial fun (and maybe a slight case of diabetes from all the poutine you'll be eating). But hey, winning trades and delicious Canadian treats? Sounds like a sweet deal to me!
Short
by FtradeFXArabic
EURCAD Massive Long! BUY! My dear subscribers, My technical analysis for EURCAD is below: The price is coiling around a solid key level - 1.4677 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.4821 My Stop Loss - 1.4623 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1