Hey Traders, in tomorrow's trading session we are monitoring EURCAD for a selling opportunity around 1.46700 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46700 support and resistance zone. Trade safe, Joe.
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Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.45300 zone, EURCAD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows. Trade safe, Joe.
🔰 Pair Name : EUR/CAD 🔰 Time Frame : 4H 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/SELL 📈 EURCAD Technical Analysis Update 📉 Greetings, fellow traders! 🤝 Today, we delve into the technical aspects of EURCAD on the TradingView chart. Over the past year, EURCAD has been maintaining a monthly uptrend since July 2022. However, starting from April 2023, the pair...
EURCAD is approaching a confluence zone based on a horizontal support and 382 retracement of the last bullish impulse. The price also formed an ascending triangle formation on 1H time frame and broke its neckline as a confirmation. I expect a pullback to 1.4717 / 1.475 ❤️Please, support my work with like, thank you!❤️
What do you think of this analysis Tell me what are your predictions and analysis for this pair in the comments What are my reasons for entering this
EURCAD is on a strong rise following the double Support test as outlined on the plan we published 6 weeks ago (see chart at the end). The 1D timeframe is on green technicals (RSI = 64.005, MACD = 0.003, ADX = 30.986) but the RSI is near the top of the 8 month Channel Down, so it would be justifed to see a technical pullback near the 1D MA50 before the 2nd part of...
The EURCAD pair has established trading above the 1D MA50 in the past 3 days and today should attempt to re-test it as a Support. Technically, this is the start of a bullish leg similar to Feb 15- Apr 25 towards the yearly High. Even though the last confirmation will be when the 1D RSI breaks above its Lower Highs trend-line, we are going already long on EURCAD to...
-SL2 @ 1.7525 (conservative) -SL1 @ 1.7215 (moderate) -SL1 @ 1.7000 (aggressive) SLO2 @ 1.6965 SLO1 @ 1.6459 TP3 @ 1.6203 TP2 @ 1.5282 TP1 @ 1.3825 SUPPORT @ 1.2946 IBR @ 1.2408 ADDITIONAL INFO: Shaving 25% from TP1/TP2 Closing ALL Buy Orders @ TP3
Hey Traders, in this week we are monitoring EURCAD for a selling opportunity around 1.48 zone, EURCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.48 supply and demand area. Trade safe, Joe.
Price has broken a key resistance-turned-support at 1.4516 which forms the basis of our potential bounce - this level also happens to coincide with the 23.6% Fibonacci retracement. A bounce from here could see prices rise towards the 1.4631 level which is our next big overlap resistance. Please be advised that the information presented on TradingView is provided...
EURCAD hit today the MA50 (1d) for the first time since May 12th. The real pivot though that turns the trend from bearish to bullish and vice versa, has been the MA100 (1d), which is currently a little higher at 1.45996. A candle close over it, is a buy signal, despite the presence of Resistance (1). The long term trend remains bullish supported by the MA200 (1d)...
Hello Traders it seems that EUR/CAD is in the correction phase. Short term price action tells us that EUR/CAD is bullish near term. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational...
EURCAD hit the symmetric Resistance today and got immediately rejected as on the respective high of January 3rd 2023. This is a sell opportunity, targeting the symmetric Support of 1.43450. If instead the price rises more, sell near the 1day MA50 and this time target even lower at 1.42350 (Support B). That would be a breach of the 1day MA200. Follow us, like...
SLO @ 1.6760 ⏳ TP4 @ 1.6050 (closing ALL Buy Orders) TP3 @ 1.5185 (shaving 25%) TP2 @ 1.4625 (shaving 25%) TP1 @ 1.3815 (shaving 25%) BLO @ 1.3025 📈
SLO @ 1.6760 ⏳ TP4 @ 1.6050 (closing ALL Buy Orders) TP3 @ 1.5185 (shaving 25%) TP2 @ 1.4625 (shaving 25%) TP1 @ 1.3815 (shaving 25%) 💰 +1600 pips BLO3 @ 1.4360 ⏳ (add-on) BLO2 @ 1.4315 ⏳ (add-on) BLO1 @ 1.3025 📈 +1324 pips In anticipation of price action pulling back, I've set two new Buy Orders (see above).
Hey traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.44750 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 1.44800 resistance zone. Trade safe, Joe.
We expect the specified targets from the price. Log in ➡️ 1.44050 Tp1 ➡️ 1.44700 🟢 Tp2 ➡️ 1.45400 🟢 St ➡️ 1.43700 🔴