My dear followers, This is my opinion on the EURCAD next move: The asset is approaching an important pivot point 1.4493 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.4501 About Used Indicators: For more efficient signals,...
The EUR/CAD pair on the M30 timeframe exhibits a bearish signal due to a well-defined downward channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Key Points: Bearish Channel: The price has been confined within a descending channel characterized by two falling lines, one for resistance and one for support. This pattern...
Hello TradingView Family / Fellow Traders, On Daily: Left Chart EURCAD has been bearish but it is currently approaching a robust support zone so we will be looking for buy setups on lower timeframes. On H4: Right Chart 📈 For the bulls to take over, we need a momentum candle close above the last major swing high marked in red. 📉 Meanwhile , EURCAD would be...
eurnzd has continued to move aggressively to the upside so i will be continuing to hold this position. on top of that ive gave you guys another breakdown of eurcad.
This video was just a quick technical analysis of eurcad basically breaking down market structure and the behavior of the market. in the video i show you guys how you can make a thesis or gather information from a simple pattern. mainly if you see a pattern you can draw your support and resistance levels at the top or bottom of these patterns and look to your left...
Preferred direction: SELL Comment: In addition to the euro and pound , the priority for selling the US dollar also applies to other majors . In this case, we will analyze USDCAD . In the medium and short term, the instrument is looking down quite confidently; we do not rule out a potential small rollback upward, but the main mood is, of course, bearish....
My dear subscribers, EURCAD looks like it will make a good move, and here are the details: The market is trading on 1.4498 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.4525 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...
Reasons for bullish bias: - Price moving in a rectangle range, entry at breakout for confirmation - Bullish divergence Entry Level(Buy stop): 1.45794 Stop Loss Level: 1.44903 Take Profit Level 1: 1.46685
EURCAD recently broke out of a wide-ranging consolidation zone between 1.4400 and 1.4650. The breakout was followed by an upward impulse move, reaching a high of 1.4620 before pulling back slightly. The current price is testing a key resistance level around 1.4570. A rejection at the current level could lead to a pullback towards the previous support area around...
Tradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Cad seems to be pretty strong as compared to other majors (except USD) Let's see if we do have oppo to short this pair. Same for AudCad Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have...
Hello,Friends! EUR/CAD is making a bullish rebound on the 4H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.449 level. ✅LIKE AND COMMENT MY IDEAS✅
✅EUR_CAD is going down now But a strong support level is ahead at 1.4480 Thus I am expecting a rebound And a move up towards the target at 1.4560 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-CAD went up to Retest the horizontal Resistance of 1.4560 From where we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Trade Plan Script shows Bullish Bias ( Buy Stop at LH) due to 1H and 4H Divergence Pattern, Double Bottom Reversal Pattern. However, price broke the range (Support & Resistance), lets see if the buy stop gets triggered. If this happens, high chance of price back in range. What do you think about this idea?
Preferred direction: BUY Comment: The setup for long the Canadian dollar has changed a little, but as you can see, the direction is still in favor of the buyer. Limit purchases will most likely show themselves soon. Most likely, you will have to hold the deal until the Fed meeting, and also possibly until non-farm. The main growth target is the level of ...
My dear friends, Please, find my technical outlook for EURCAD below: The instrument tests an important psychological level 1.4560 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.4609 Recommended Stop Loss - 1.4533 About Used...
EURCAD could fall towards an overlap support and potentially break through this level to drop lower. Sell entry is at 1.44854 which is a potential breakout level. Stop loss is at 1.45612 which is a level that sits above an overlap resistance. Take profit is at 1.43862 which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin...
EURCAD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURCAD Entry Level - 1.4566 Sl - 1.4530 Tp - 1.4640 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️