Currently, EUR/CAD is trading at 1.5625. The pair is trading in a downtrend from some time by making channel patterns in the resistance and support wedges. The price is about to touch the resistance level at 1.5673 and it may rebound back from there. The pair is in downtrend from some time, so it may continue its down-trend and touch its support level at 1.5495...
EURCAD 60 EURO FX/CANADIAN DOLLAR FX Technical Analysis:- FX:EURCAD Broke Daily Support as Well Pressure on 4HR supportandresistance WE put Our Entry At 50% Pullback And Reward at 3times the ATR With Measured AND Controlled RISK fundamental;- FX:EURUSD is weak Currency Due to Second Wave of COVID-19 AND Spokesperson Foreign Office Of Germany Put Excess...
We are going to a nice swimming session, be in the VIBE.
EURCAD is now in an uptrend. Price seems to be exhausting and looking for a pullback for an entry. Look for price to do a retest at the last level that was broken or look for price to make a double bottom at the higher low. These zones also are in line with the fibonacci levels.
currently, we are seeing price testing the 1.5675 support level after breakout a falling wedge pattern, we have room to go up for +150 pips if buyer manages to push the price to the 1.5822 resistance level, further evidence is needed before placing any buy order. good luck! **Disclaimer** the content on this analysis is subject to change at any time without...
Plan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
Good day, snipers. Here in the EUR/CAD, we have multiple confirmations to go long. TECHNICAL ANALYSIS first on the 4H time frame, price recently rejected the bottom of the ascending trend line. Also, price broke a resistance level and we will be waiting for a retest before going long. Price is also trailing above the 8 EMA showing a strong trend. FUNDAMENTAL...
Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
TITLE/(DATE)- EUR/CAD ASSET- FOREX PLATFORM-MT4 ORDER TYPE- BUY LIMIT Time Frame-4hr ENTRY PRICE 1- 1.57080 (pending) ENTRY 2- 1.56880 (pending) STOP LOSS- 1.56680(40 PIPs) TAKE PROFIT 1- 1.57580 (50 PIPS) TAKE PROFIT 2- 1.58080 (100 PIPS) TAKE PROFIT 3- 1.58580 (150 PIPS) TAKE PROFIT 4- 1.59080(200 PIPS) TAKE PROFIT 5- 1.59580(250 PIPS) STATUS: ACTIVE DROP A...
Good day, snipers. Here in EUR/CAD, price is now at the bottom of the up trending channel and also at the support zone. The support zone also appears to be the 61.8 fib level too. Price is also at over sold levels on the RSI. Fundamentals show a contrast on the technical analysis here. Will be looking for more confirmations to go long or short. Signals about...
We can see a trendline break and a retest of the area, once price breaks this line again I anticipate a big drop
Daily support is highlighted, once the zone is broken we will sell to the target area
Currently, EUR/CAD is trading at 1.5479. The pair is consolidating in the resistance and support wedges. Previously, the pair was trading in resistance and support wedges by making higher high lower low pattern. It may start a new down trend if it breaks the support level and neck line at 1.5392, then its first target price will be at 1.5284 and the second target...
EURCAD - Bit of a triple top before rejecting the resistance with a big bearish candle. Should see a further push to the downside, and then potentially break the trendline.
EURCAD has been ranging for a while, it is now at the top of the range on the 1H chart and there is an area of support just below it, I am waiting for price to break and then selling to the next level of support I expect price to pull back before the trend continues, if the trend continues we can hold the position or enter another sell
Plan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. ...
Hi, I have analysed the EURCAD, current price came from the Triple Top, as it was on implusive phase, now the price is in large corretion, inside the large correction there is sell pattern with two touch already been played out, now i am waiting for the third touch on the trendline then wait for SELL confirmations like Engulfing candle, evening star and candle...
This pair is incredibly volatile but I can see a change in trend occurring I believe once support is broken it will head for its next level of support which is highlighted below