EUR/CAD LONG FROM SUPPORT
Hello, Friends!
EUR/CAD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 9H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.629 area.
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Eurcad!
EURCAD Bearish Breakout!
HI,Traders !
#EURCAD made a bearish
Breakout of the rising
Support line and now
I I expect he will return Made a retest of the new
Rising resistance and made
A pullback so we are
Bearish biased and we
Will be expecting a
Further bearish move down !
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EUR/CAD: Testing Support with Potential for Bullish CorrectionEUR/CAD is currently testing the 1.6210 support zone following a sharp rejection from the 1.6400 resistance ceiling. Price action is completing an A-B-C corrective structure near the upward support line, suggesting a possible rebound.
As long as 1.6200 holds, a short-term recovery toward the 1.6280–1.6340 area remains likely. The broader structure points to a bullish correction developing within the context of a larger descending trend.
Bullish reversal?EUR/CAD is reacting off the pivot, which has been identified as an overlap support that aligns with the 50% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 1.62154
1st Support: 1.61276
1st Resistance: 1.63021
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EURCAD is in The Bullish TrendHello Traders
In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET
today EURCAD analysis 👆
🟢This Chart includes_ (EURCAD market update)
🟢What is The Next Opportunity on EURCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURCAD: How to Trade Liquidity Grab 🇪🇺🇨🇦
EURCAD is testing a significant rising trend line on a daily.
We see a trap and a false violation of that on an hourly time frame.
To confirm that was a liquidity grab, I will look for a CHoCH and
an hourly candle close above 1.6288.
It will provide a strong bullish signal.
An up movement will be expected at least to 1.63175 then.
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EURCAD Will Go Up! Buy!
Please, check our technical outlook for EURCAD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.628.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.638 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EURCAD: Will Keep Growing! Here is Why:
The price of EURCAD will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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EURCAD Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for EURCAD below:
The price is coiling around a solid key level - 1.6329
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.6360
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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
EUR/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Bearish trend on EUR/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.620.
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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Stop!Loss|Market View: USDCAD🙌 Stop!Loss team welcomes you❗️
In this post, we're going to talk about the near-term outlook for the USDCAD currency pair☝️
Potential trade setup:
🔔Entry level: 1.39703
💰TP: 1.40349
⛔️SL: 1.39065
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💬 Description: The price compression toward the 1.39500 resistance area indicates a potential upside breakout. Given the recent breakout of the 1.37305 - 1.38760 accumulation, a more significant upward movement to 1.4, 1.41, and then 1.43 is also expected. A conservative entry would be best looked for after the price immediately closes above 1.39500.
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EURCAD A Fall Expected! SELL!
My dear friends,
My technical analysis for EURCAD is below:
The market is trading on 1.6384 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.6339
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 | Wave E CompletedResistance: 1.6350 – 1.6360 (wave e top)
Sell Target: 1.6322 (first liquidity level)
Further downside possible if breakdown continues.
🔎 Elliott Wave Perspective:
ABCDE correction looks complete.
Market preparing for next impulsive leg down.
⚡ Bias: Bearish below 1.6360
🎯 Targets: 1.6322 / 1.6270 / lower liquidity
📌 Invalidation: Break & close above 1.6370
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EURCAD: Pullback Depth Depends on Euro Data📊 EURCAD has been trending strongly to the upside, and my overall bias remains bullish 📈.
📰 That said, we have a key data release scheduled within the next hour or two that could provide direction for the euro.
🔎 If the data is positive for the euro, I’d expect only a shallow pullback before continuation. If the data comes out negative, we could see a deeper retracement before buyers step back in.
📈 Despite this, the higher timeframe structure is firmly bullish. My plan is to wait for the news release, watch for the pullback, and on the 30-minute chart, look for a bullish break of market structure to time an entry 🚀.
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always trade responsibly and manage risk appropriately.
EURCAD: Trend ContinuationA cautious trade for this week's open, expecting volatility to remain low on a Sunday night.
Daily Timeframe
Price is in an uptrend as EMA20 remains above EMA60, and price is also bouncing off of EMA20
Price recently broke above the HTL marked
H1 Timeframe
Price is accelerating away from the EMA20, and EMA20 is expanding away from EMA60
Price also crossed above the DTL
EURCAD is in The Bullish TrendHello Traders
In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET
today EURCAD analysis 👆
🟢This Chart includes_ (EURCAD market update)
🟢What is The Next Opportunity on EURCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EUR/CAD BEARS WILL DOMINATE THE MARKET|SHORT
EUR/CAD SIGNAL
Trade Direction: short
Entry Level: 1.632
Target Level: 1.625
Stop Loss: 1.636
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
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EURCAD: Swing Trading & Technical Analysis
The analysis of the EURCAD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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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