EURCAD could continue the bullish momentum and rise to our buy entry level. Then it could continue rising to the take profit level. Buy entry is at 1.47007 which is swing-high resistance level. Stop loss is at 1.462772 which is a level that sits under a pullback support that aligns with the 61.8% Fibonacci retracement level. Take profit is at 1.48309 which is...
EURAUD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURAUD Entry - 1.6372 Sl - 1.6417 Tp - 1.6263 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Please, check our technical outlook for EURCAD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.467. Considering the today's price action, probabilities will be high to see a movement to 1.462. P.S Overbought describes a period of time where there has been...
Hello my friends This trend is supported by the trend line and also supported by the support carpet So we expect it to move upwards
EURCAD is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If...
EUR/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.46900 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level. Stop loss is at 1.47320 which is a level that sits above a swing-high resistance. Take profit is at 1.46145 which is a pullback support...
EURCAD firm a saucer pattern after correction to 1.4500 zone and has chance to goes high again. Good context, nice risk reward and absolutely high probability. Trade safe. Good luck.
Hello,Friends! It makes sense for us to go short on EUR/CAD right now from the resistance line above with the target of 1.458 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
On 4 hourly chart, with 61.8% retracement and a break of structure to signal bullishness.
#USOIL UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USOIL. USOIL is making double bottom pattern and now this is Ready for a good bounce. In this bounce we can see price around 80+ soon. Keep in touch we will update further soon.
Hello,Friends! Bullish trend on EUR/CAD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.463. ✅LIKE AND COMMENT MY IDEAS✅
My dear subscribers, My technical analysis for EURCAD is below: The price is coiling around a solid key level - 1.4596 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.4613 About Used Indicators: By the very nature of the...
Take a look at our analysis for EURCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.460. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.440 level. P.S Overbought...
Guys, EURCAD will most likely bounce from a solid demand cluster. I will expect a growth a least to 1.465 target level. Stop loss should lie strictly below the underlined yellow support. Please, support this post with like and comment.
Take a look at our analysis for EURCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.460. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.440 level soon. P.S Please, note that an oversold/overbought...
EURCAD at Weekly and Daily is sell but in 4H maybe long
Hello,Friends! EUR/CAD is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.461 level. ✅LIKE AND COMMENT MY IDEAS✅
Eurcad Looking good for buy this week and You can Buy Eurcad with Medium Term Trend you can Get good pips in this trade if you can hold it for a week