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Eurcadanalysis

EUR/CAD Hits 16-Year HighEUR/CAD Hits 16-Year High Charts show that the euro strengthened against the Canadian dollar on Thursday, with the pair climbing above 1.6460 for the first time since spring 2009, when the world was still reeling from the global financial crisis. The current weakness of the Canadian dollar is being influenced by several factors: → Trade relations with the United States – according to media reports, some Canadian industries such as steel and automotive manufacturing are facing competitive disadvantages under the current agreement. → Oil prices have fallen to a five-month low, partly due to expectations surrounding a potential meeting between the US and Russian presidents. As we noted on 13 October, the XTI/USD exchange rate could drift towards $55 per barrel. Meanwhile, the euro has benefited from the softening of the US dollar. Notably, the DXY index has turned lower from a key resistance level — the upper boundary of the channel identified in our 9 October analysis. However, an examination of the EUR/CAD chart suggests that the current upward momentum may be losing steam. Technical Analysis of the EUR/CAD Chart Price movements — with key turning points shown in bold — outline a rising channel that has remained relevant since August. The bearish case rests on the following factors: → The pair has reached the upper boundary of the channel, which has repeatedly acted as strong resistance and may do so again. → The sharp mid-October rally pushed the RSI indicator into extreme overbought territory. On the other hand, price action continues to reflect strong demand, as seen in the clean breakout above the previous peak near 1.6400, which occurred on a wide bullish candle with minimal pullback. In these conditions, it is reasonable to assume that: → After a 1.6% rise in seven days, some long holders may start taking profits, leading to consolidation near the upper boundary of the channel; → If a correction from the upper channel line develops, it is likely to be shallow, as bullish activity could re-emerge around the median line, reinforced by the former resistance at 1.6400. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
EUR/CAD Retest Complete - Time to Go Long?🎯 EUR/CAD: The "Great Maple Heist" Setup | Swing/Day Trade 🍁💶 📊 Asset Overview EUR/CAD (Euro vs. Canadian Dollar) - Forex Market 🔍 The Setup: Bullish Retest Play The EUR/CAD is showing classic bullish confirmation with a pullback retest at the 38.2% Fibonacci retracement level, aligning beautifully with our weighted moving average. This is where the smart money layers in! 🧠💰 🎯 Entry Strategy: The "Thief Method" Primary Approach: Layered limit orders (The legendary Thief OG style!) Thief Layer Entry Levels: Layer 1: 1.63000 Layer 2: 1.63250 Layer 3: 1.63500 Layer 4: 1.63550 Feel free to add more layers based on your risk appetite and position sizing! Alternative: Market execution at current levels if you prefer immediate entry. 🛡️ Risk Management Stop Loss: 1.62800 (Thief OG reference level) ⚠️ Note: Ladies & Gentlemen (Thief OG's), this is MY stop loss based on MY analysis. YOU set YOUR own stop loss based on YOUR risk tolerance. Trade at your own risk and protect your capital like it's the Crown Jewels! 👑 🎯 Profit Target Target: 1.65300 This level represents a confluence of: 🧱 Strong resistance zone ("Electric Shock Wall") 📈 Overbought territory 🪤 Potential trap zone for late longs ⚠️ Note: Ladies & Gentlemen (Thief OG's), this is MY take profit level. YOU decide when to bank YOUR profits. The market gives, and the market takes—don't be greedy, take money when you can! 💸 🔗 Related Pairs to Watch Keep an eye on these correlated pairs for confirmation: 🇺🇸 USD/CAD - Watch the Loonie's overall strength Direct inverse correlation to EUR/CAD Oil prices heavily influence CAD strength 💵 EUR/USD - Euro strength gauge Shows Euro's overall market sentiment Risk-on/risk-off indicator 🛢️ Crude Oil (WTI/Brent) - The CAD's best friend CAD is a commodity currency Higher oil = Stronger CAD = Pressure on EUR/CAD Lower oil = Weaker CAD = Support for EUR/CAD Key Correlation Point: If oil drops while EUR shows strength, this setup becomes even more favorable! 🎰 📝 Technical Summary ✅ Bullish structure intact ✅ 38.2% Fib retest complete ✅ Weighted MA providing support ✅ Multiple confluence factors ✅ Risk/Reward ratio: Favorable (~2.5:1) ⚠️ Disclaimer This is the "Thief Style" trading strategy — a layered approach to swing/day trading created purely for educational and entertainment purposes. This is NOT financial advice. Trading forex carries substantial risk of loss and is not suitable for all investors. Always do your own research, manage your risk, and never trade with money you can't afford to lose. Past performance does not guarantee future results. Trade safe, trade smart, and may the pips be ever in your favor! 🎲💎 ✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community! #EURCAD #ForexTrading #SwingTrading #DayTrading #FibonacciRetracement #TechnicalAnalysis #ForexSignals #PriceAction #TradingStrategy #ThiefMethod #ForexSetup #CurrencyTrading #RiskManagement #ForexCommunity #TradingIdeas #CAD #EUR #ForexAnalysis #SupportAndResistance #MovingAverage
Long
by The-Thief
Long @ EURCAD, possibility of trend reversalFollowing the 4h chart confirmation the EURCAD, in my honest opinion, is moving from an down trend to an up trend on the 1H chart. The Accumulation and Distribution indicator confirms by going above 50 WMA. We can spot a small little flag breakout. I am going long now @ 1.62698 with my stop at 1.62258 (previous low) and the target is 1.63572 (161.8% projection of the previous spike). Low leveraged, since the signal is good but not so perfect. Now which ever touches first I'm out. Disclaimer: This is NOT a trading advice, I do not offer this services and I'm not responsible for your decisions. If someone ask you money pretending to be me, report immediately to the moderators. I'm not licensed to manage 3rd party capital, so I don't offer this type of service.
Long
by TheAlphaGroup
EUR/CAD Analysis: Strategic Layer Entries for Swing/Day Trade💹 EUR/CAD Forex Market Profit Blueprint (Swing/Day Trade) 📌 Asset: EUR/CAD — Euro vs Canadian Dollar 📖 Trading Plan: I’m looking Bullish on EUR/CAD — waiting for a resistance breakout at 1.62800. 👉 To track it easily, set an alert on TradingView at this breakout level so you don’t miss the move. 🧩 Layered Entry Approach (aka “Thief Layer Strategy”) This method is basically multiple buy limit orders stacked at key levels to catch the breakout momentum smoothly: 🔑 1.62000 🔑 1.62300 🔑 1.62500 🔑 1.62800 (You can add more layers if you like — the idea is scaling in smartly with the breakout confirmation.) 🛡️ Stop Loss Placement Suggested SL: 1.61700 (after breakout confirmation). ⚠️ Important: This is just a sample placement. Please adjust your stop loss according to your own strategy, risk management, and comfort. 🎯 Target Zone Upside target at 1.64000, where: Moving averages act as resistance Market looks overbought Potential liquidity trap signals may appear So the idea is to secure profits before the market reverses — exit smart, not greedy. ⚖️ Risk Disclaimer Ladies & Gentlemen (a.k.a. the “Thief OGs” community) 🕶️ — this blueprint is not financial advice. ✅ Use your own TP/SL levels. ✅ Trade at your own risk. ✅ Take profit when it makes sense for you. This is simply my analysis blueprint for educational purposes. 🔗 Correlated Pairs to Watch Keep an eye on related crosses to see how momentum aligns: 💵 FX:EURUSD (tracks core EUR strength) 💵 OANDA:USDCAD (mirrors CAD flows & oil link) 💵 OANDA:EURGBP (helps confirm EUR sentiment) Correlation check helps you filter fake breakouts and confirm real market momentum. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” #EURCAD #ForexTrading #SwingTrade #DayTrade #BreakoutStrategy #LayeringStrategy #EURUSD #USDCAD #TradingBlueprint #FXAnalysis
Long
by The-Thief
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
Long
by ForexMasters2000
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.
Long
by fxtraderanthony
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
Long
by ForexMasters2000
EURCAD Breakout and Retest , All Eyes on SellingHello 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
Short
by ForexMasters2000
EURCAD LONG 📈 EURCAD 55m Long Setup – Breakout Continuation in Play Technical Overview: EURCAD has confirmed a breakout above descending structure on the 55-minute chart, followed by a clean retest. Price action is supported by bullish divergence on RSI and MACD, with volume expansion signaling institutional interest. EMAs are aligned bullishly, and the corrective phase appears complete. Trade Parameters: - Entry: 1.46850 - Stop-Loss: 1.46490 (below structure base and EMA cluster) - Take-Profit 1: 1.47420 (first resistance zone, fib extension) - Take-Profit 2: 1.47880 (prior swing high, psychological level) - Risk/Reward: TP1 ≈ 1:1.58 | TP2 ≈ 1:2.86 - ROI: - TP1: +158% - TP2: +286% Strategic Notes: This setup qualifies as a Breakout Continuation with high tactical confidence. Ideal for journaling under “Legacy Trades” and dashboarding with CrocoBot or ECLIPS overlays. Consider trailing stop recalibration post-TP1 and tagging this as a conviction trade. Overlay Ideas: - Annotate breakout zone with “Retest Confirmed” label - Deploy impulse tracker module with fib-based TP zones - Use momentum confirmation toggle (RSI > 55, MACD histogram rising) - Visual theme: Iron Pulse or Momentum Surge --- #EURCAD #ForexTrading #BreakoutSetup #TechnicalAnalysis #MomentumDivergence #CrocoBot #ECLIPS #TradingView #ForexSignals #TradeJournal #AnnotatedCharts #TradingStrategy #ForexSetup #SmartMoney #PriceAction #TradingDiscipline #VisualTrading #ForexMentor #FXMomentum #TradingDashboard #ForexPrecision #LegacySetup #ConvictionTrade #TPHit #ForexLife #TradeWithConfidence #ForexLegacy #TradingWithAdam
Long
by khodaimohammadhassan
EUR/CAD: Launching Long! Layered Entry Strategy For Gains💸 EUR/CAD "Euro vs Loonie" Bank Plan (Swing / Scalping) 📊 🎯 Trading Plan (Thief Layering Strategy) Asset: EUR/CAD Setup: Bullish Hull Moving Average breakout + retest 🟢 Entry (Layering Style): Multiple buy limit orders at 1.60800 1.60900 1.61000 1.61200 (You can expand layers based on your own risk preference) Stop Loss (SL): Thief SL @ 1.60600 (adjust to your own risk strategy) 🛡️ Target (TP): Resistance "police barricade" around 1.62200 🏁 ⚠️ Note: This is not financial advice — manage your own TP and risk as per your trading plan. 🔍 Why This Plan? (Fundamental + Macro + Sentiment + Thief Blend) 📈 Real-Time Snapshot (Sept 5, 2025) EUR/CAD Spot Rate: 1.6025 Daily Change: +0.12% 52-Week Range: 1.4650 – 1.6350 👥 Trader Sentiment Retail Traders: 42% Long 🐂 | 58% Short 🐻 Institutions: 55% Long 🐂 | 45% Short 🐻 😱 Investor Mood (Fear & Greed) Index: 48/100 → Neutral ⚖️ (leaning fear due to global trade + US jobs data) 📋 Fundamentals Score: 62/100 🟢 Drivers: Eurozone growth resilient, ECB steady at 2% 🏦 Canada facing weak jobs data, BoC at 2.75% 🛢️ Oil prices steady, modest CAD support ⚡ 🌍 Macro Score Score: 58/100 🟡 Factors: Global trade tensions weigh on CAD 🛡️ Eurozone recovery boosts EUR 💪 US policy uncertainty adds volatility 🌪️ 🧭 Overall Market Outlook Bias: Neutral → Slightly Bullish Tilt 📈 Why: ECB support + Eurozone recovery outweigh CAD’s oil-linked strength. Range likely 1.60 – 1.63 short-term. 🚦 Related Pairs to Watch FX:EURUSD , OANDA:USDCAD , OANDA:GBPCAD , OANDA:EURGBP Keep an eye on BLACKBULL:WTI (Oil) for CAD correlation. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” #EURCAD #Forex #TradingPlan #SwingTrading #Scalping #ThiefStrategy #HullMovingAverage #Fundamentals #MacroAnalysis #Sentiment #FXCommunity
Long
by The-Thief
2
Will EURCAD rise from a strong Support Level ?Hello Traders In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET today Gold 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
Long
by ForexMasters2000
EURCAD Divergence + Wave 5 Complete → Correction Ahead?EURCAD ( OANDA:EURCAD ) started to fall after entering the Potential Reversal Zone(PRZ) and hitting the Resistance line . The question is whether EURCAD will continue to fall in the coming hours or not!! EURCAD has already managed to break the Support lines and is moving close to the Support zone(1.612 CAD-1.600 CAD) . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks. In terms of Elliott Wave theory , it seems that EURCAD has managed to complete the main wave 5 , and we should wait for corrective waves . I expect EURCAD to drop to at least 1.601 CAD AFTER breaking the Support zone(1.612 CAD-1.600 CAD) . Second target: 1.597 CAD Third target: Support line Stop Loss(SL): 1.626 CAD Please respect each other's ideas and express them politely if you agree or disagree. Euro/Canadian Dollar Analyze (EURCAD), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
9
EURCAD Forming Bullish StructureEURCAD has built a solid bullish structure on the daily chart, printing consecutive higher lows and higher highs. The pair continues its climb from the early August swing low near 1.5800, now pushing past the interim 1.6200–1.6230 resistance area. The current price behavior suggests a measured retracement could form before continuation—setting up for another leg higher toward the 1.6700 zone if proven by price action. On the macro front, monetary divergence remains the key driver. The European Central Bank is gradually edging toward policy normalization. While it has already delivered rate cuts, markets are becoming more confident that the ECB may pause easing soon as disinflation continues to lose momentum. In contrast, the Bank of Canada signals further flexibility—Canada’s inflation remains stubbornly above target, and the BoC appears data-dependent amid tariff-driven headwinds. This dynamic supports upside for EURCAD across the medium term. Technically, the outlook favors trend continuation. If EURCAD holds above the 1.6200–1.6230 zone on a daily close, it opens the path to test 1.6500 and beyond. A retracement toward 1.6050–1.6100 would offer a clean entry opportunity with tight invalidation below. Institutional buyers should watch for follow-through momentum that supports a bullish bias. Overall, EURCAD remains structurally bullish. With central bank nuances, commodity flow, and macro sentiment aligning, the setup offers a high-probability opportunity. Price confirmation—especially a sustained break above 1.6230—will likely accelerate the next leg higher toward 1.6700.
Long
by AndrewsMarket-Mastery
EURCAD Breakout and Retest , All Eyes on BuyingHello 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
Long
by ForexMasters2000
EUR/CAD Bullish Layered Heist Plan – Will You Join the Loot?💎⚡ "EUR/CAD Bullish Layered Loot Grab – Thief Master Plan!" ⚡💎 👋 Hey Profit Bandits & Forex Loot Raiders! 🏴‍☠️💰 The Euro vs Loonie vault is swinging wide open, and the Thief Crew is moving in! 🏦🔥 We’re running a BULLISH layering raid—stacking our entries like gold bars in the getaway van! 🚐💨 🎯 TRADE BLUEPRINT (Layered Bullish Heist) 📌 Entry Zones – Anywhere in the vault! But pro thieves layer buy limits for maximum loot efficiency: 💎 1️⃣ 1.61200 💎 2️⃣ 1.61100 💎 3️⃣ 1.61000 💎 4️⃣ 1.60800 💎 5️⃣ 1.60700 💡 Add more layers if the market tries to shake you off the loot trail! 🛡 Stop Loss (The Getaway Trigger) 🚨 Thief SL: 1.60000 – If the vault doors slam, bail out fast! 📢 Adjust your SL based on your personal thief strategy & risk appetite. 🏁 Targets (Escape Before Police Barricade) 💰 Primary Escape Target: 1.62500 – grab loot & vanish before sirens blare! 🚓💨 💰 Grand Loot Target: 1.62800 – but beware, heavy police barricade up ahead! 💡 WHY THIS RAID LOOKS SWEET ✅ Bullish price structure with room to run ✅ CAD weakness = Loonie limping 🦵💥 ✅ Layered entries let thieves get more loot with less risk 📢 CREW ORDERS 🔥 Hit 👍 LIKE if you’re joining the crew 💬 Drop your entry & TP below – let’s count the loot together! 🔔 FOLLOW for more Daily Thief Heist Plans ⚠️ DISCLAIMER – This isn’t financial advice, just a treasure map for fellow market pirates. Manage your loot wisely—don’t get caught in the bear trap! 🐻🚫 🚀 Ready to stack the loot & vanish? Let’s raid EUR/CAD! 💎🏴‍☠️💸
Long
by The-Thief
EURCAD SHORT ✅ Why This Could Be the Next Move 1. Wave Structure Integrity - If the current price action shows a completed Wave A (impulsive down) and Wave B (corrective up), then Wave C is likely next. - Wave C typically mirrors Wave A in length and momentum — a classic zigzag. 2. Market Context - If EURCAD recently hit resistance near 1.68–1.69 and failed to break higher, that’s a textbook B-wave top. - The current price at 1.67736 suggests it’s hovering near the B peak — ripe for reversal. 3. Momentum Divergence - If MACD or RSI shows bearish divergence at B, it signals weakening bullish momentum — a precursor to Wave C. - Your MACD Tango logic could confirm this with a fading histogram and apex crossover. 4. Fibonacci Confluence - If Wave B retraced ~61.8% of Wave A, and price is now rejecting that level, it’s a strong signal. - You can project Wave C using the 100% or 127.2% extension of Wave A from B — a common Elliott target. 5. Volume & Volatility - If volume peaked during Wave A and faded in Wave B, it supports the corrective nature of B. - A sudden spike in volatility (ATR or candle % filter) could mark the start of Wave C. 🔧 How to Trade It (If Confirmed) - Entry: Below B with confirmation (e.g., bearish engulfing or MACD crossover). - Stop Loss: Above B, buffered by ATR. - Take Profit: Projected C target — ideally near 1.6650 or lower, depending on Wave A length.
Short
by khodaimohammadhassan
1