Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is at last month's Resistance Trendline - Price action is in a Consolidation zone - Targeting the 38.2% Fibo retracement Fundamental Confluences for Trade: - ECB plans to cut interest rate next month...
EUR/CAD has been carving out a sideways channel since Friday and the bottom of this channel coincides with the 200 EMA on 15M time frame which is also the 50EMA on H1. A break out of this channel and a break of the supporting EMA's would suggest we are headed lower. If we look at the H4 time frame we can see where the 200 EMA has supported the price and this looks...
Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Fundamental news: Next week on Friday we will see results of Unemployment...
A #short trade opportunity recently presented itself on the #euroloonie (#EURCAD) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 1.47313 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward...
Hello friends nice to meet you all hope you have a good day #EURCAD When you look at the big picture, It is moving sideways, drawing a BOX pattern. By looking at the important tail zone in the past wave and calculating the angle of the short-term trend line, a RED short-term trend line was created. With the current decline, There will be a rebound near the...
Hello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today NZDCAD analysis 👆 🟢This Chart includes_ (NZDCAD market update) 🟢What is The Next Opportunity on NZDCAD 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...
Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
EURCAD is moving from the lower boundary of the channel. The chart has pushed off from an important support, forming a double bottom. The price is testing the dynamic resistance. We think that the price will continue to rebound to the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for...
H1 - Downtrend line breakout. Bullish convergence. Currently it looks like a pullback is happening. Until the two strong support zones hold my short term view remains bullish here.
Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. I am biased for taking the recent low once again before giving a bigger correction upside. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do...
Here is an EURCAD 15-minute chart, as you can see the price had a bullish reaction to the daily FVG, and also the price created lots of buy-side liquidity, so we expect the upward movement. Now in the 15-minute chart, there is an untouched bullish order block formed below the sell side, liquidity so we expect the price to get support from this order...
Hello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today NZDCAD analysis 👆 🟢This Chart includes_ (NZDCAD market update) 🟢What is The Next Opportunity on NZDCAD 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...
EURCAD broke out of the channel. The chart broke the level of dynamic support, which now acts as resistance. The price has reached the 62% retracement level. We think that after the support breakout the price will continue to decline. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
The ECB is (once again) on the wrong track: It is stubbornly sticking to its hawkish view and justifying this with the fact that inflation in the euro area will remain stubbornly "sticky" and will probably not reach the target range of 2% until 2025. The ECB is wrong (once again), as inflation will hover around 3% as early as December 2023 and reach the 2% target...
Entry : Price broke through the trend line and the swing high of trend line. Will be looking to take longs from the bullish zone if the market taps it. Stop Loss : Will be below the swing low. Take Profit : TP1 will be at the bearish Zone, TP2 will be at the High.
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . EURCAD long ! Great BUY 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 comments. I...
Hello traders, we want to check the EURCAD chart. After a downward movement, the price has pulled back to the specified resistance level, which it has reacted to several times in the past. We expect this level to maintain the downward trend of the price and the price will fall to around 1.45800. Good luck.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.