EURCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH What you guys think of this idea ?
EURCAD / 1D Hello traders, welcome back to another market breakdown. EURCAD pair has been trading in a bullish trend, the price is showing evidence of trend resumption so far. I'll look to get on for higher prices after getting the LTF confirmation. The price is now stuck in a trading range as showen in the chart. Trade safely, Trader Leo
EURCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 38% to 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 1.4660. What you guys think of this idea ?
OANDA:EURCAD The probability of a potential bearish trend for the EURCAD currency pair is rising as the current price has reached the daily trend line. However, based on the historical trend analysis, a slight upward price movement may occur before the bearish trend begins. Therefore, the price is expected to gradually decrease to specific levels as the bearish...
M15, M30, H1 and H4 are overbought There is a previous days high and a long consolidation There are multiple tops on this trade and there is a lot of divergence Pattern on H4 which normally means this trade should fall.
I spotted one more confirmed breakout. EURCAD violated a key daily resistance. On a retest of a broken structure, the price formed an ascending triangle formation with a confirmed neckline violation. I expect a further bullish continuation on the pair at least to 1.458 ❤️Please, support my work with like, thank you!❤️
Eurcad is incoming to the break out level (expectecd to be SBR zone) and trendline on H4. Expect will drop from the level. Risky entry with limit order, safer entry waiting for valid rejection. Swing sell set up, target not less than 100 pips.
SLO @ 1.4404 ⏳ TP1 @ 1.4330 TP2 @ 1.4287 TP3 @ 1.4238 📉 Overall Trend: Bearish Resistance: 1.4480 Support: 1.4175 ✍️ Technical Indicators: P2P INDi identifies curve from: PH @ 1.44974 PL @ 1.41578 📉 TEMASHA identifies 1.4404 as a sniper entry for a short 📉 Moving Averages: The 50/100/200-period all suggests that the overall trend is still bearish 📈...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
EUR-CAD was trading in a bullish pennant but now We are seeing a bullish Breakout and rteste so I think that The pair will go up!
The EURCAD pair crossed over the 1day MA50 yesterday for the first time in 6 weeks and today is closing over it. This is a bullish extension signal towards at least the Falling Resistance. Every bullish sequence in 2023 following a 1day MA50 break out has made at least a +4.21% rise. Buy now and target 1.46800 (Falling Resistance). Follow us, like the idea...
EURCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 1.4600. What you guys think of this idea ?
EUR/CAD Analysis The selling opportunity is now in the retest zone
Price could fall to our buy entry at 1.4449, which is a pullback support level, aligning with the 38.2% fibo retracement and 61.8% fibo projection. Our stop loss is at 1.4384, which is a pullback support level. Take profit is at 1.4530, which is the overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
H1 - Bullish trend pattern. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 1.4436, which is a multi-swing high resistance. Our take profit will be at 1.4385 a pullback support level. The stop loss will be placed at 11.4475, which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Hello traders, EUR/CAD analysis is starting to form a bullish channel. I like the opportunity to buy in the short term
Hello,Traders! . . . . . ERUCAD is building bullish momentum after failing to create a new low below 1.4330. Look for potential breakout to the upside for a target to 1.4445 - 1,4490 resistance. LONG! Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!