Starting your analysis and mapping out your support + resistances level from a higher timeframe such as the weekly or daily will give you a much better understanding of where price may be heading. Remember, to be able to determine the future more accurately, we must study our past. History repeats itself as they say. *Always remember to let price action develop...
Happy Wednesday Everyone! Hope you are all well and blessed! This is a swing trade for the rest of the year - Ideally, I would only like to be buying this pair. Analysis 12M - Bullish structure & candle stick forming 6M - Still bullish. 3M - March is the last 3rd Candle to complete this candle stick. I'd like to see this push up more so we can start...
On the daily timeframe, the market is making a correction which I believe is completed, there is a break in trendline accompanied with a pullback which seems to be holding, from the current price, I am expecting a drop to the downside. If EURCAD can make a move below the previous low, then there might be a continues fall down to my TP level and even beyond.
There is a major break looming in this pair! Not that the Loonie by itself would be the end-all but as part of NAFTA it ought to vaporize the Euro rather effortlessly - just at it's been doing to the Aussie already, for quite a while now. (Now, if they just got rid of their neo-Marxist government and US-esq, deranged, monetary mismanagement ... ;-) On the long...
We have just passed the 1.37 level. EURCAD will reach the next target of 1.4039. So we open a long position for this trade. The confirmation of the break of the 1.37 level is a confirmation of the continuation of the bullish trend.
Hi traders, EURCAD is setting up for a downside move watch a sharp move to the downside in a lower timeframe and look for short GOOD LUCK.
Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/CAD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities. My...
Hi there, EURCAD broke the bearish flag on Monthly timeframe, big bearish signal. As you see oil also changed the trend, and its now in a uptrend after it broke the previous top, but soon oil will make a correction, so eurcad will make a correction as well. Wait for the price to retest the broken bearish flag, then short it from there to the targets mentioned in...
This is dropping strait onto the 200 Months Ema. (In conjunction with a final Equities Blow-off Top ). - After which, this should be a one-way Long for the better part of "forever". (EUR positive account balance vs. CAD, a purely speculative bubble - in no small part where the Wilshire5000 / GDP having just hit 200%!) The Weekly;
One more Drop to the 0.5 then BUY to the 0.618 target LIKE - COMMENT - SHARE , the best analysis on the tradingview I NEED YOU SUPPORT TO GROW!
Like the title says. The Weekly;
Like the title says. While the EU still maintains a positive account balance, the BoC couldn't steal, print or borrow and other dime (not even a Canadian one), even if their life depended on it. Here is the Daily;
... But we'll be BUYing up that Stop Hunt like there was no tomorrow!! Here is the Weekly;
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D1 -->> structure: downtrend -->> tendency: strong downward momentum -->> very weak chance to move up -->> sell to target
The pair has reached a somehow interesting area. On the one hand it broke a long term trendline on the 3rd of July but now seems to have found support at the 1.468 area. I believe the pair can rally to retest the resistance at the 1.4915 area. Reasons for believing this are : 1) Support area at 1.468 has been respected 2) We saw the formation of a pinbar...
Price action is at a crucial point reaching a major daily support zone (red zone). Here we are looking for a reversal, therefore we are long and we will post updates with targets. GBPAUD