EURCAD has once again approached to horizontal support level where bulls once again show some momentum. The bullish divergence has started to appear on the RSI. We need one bullish candle on the support to go for long in this pair. Trade your levels accordingly.
As investors await the NFP data in 2 hours time, i'm expecting ECAD to close this week below last week's low and forming a new low below 1.134400.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
We are aiming at going long on EURCAD and taking advantage of a potential upward tick in the currency pair, with targets as follows: TP: 1.36182 SL: 1.34899
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
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
Hello everyone, Let's watch out for bullish reversal signs on EURCAD for potential long positions. The pair has declined significantly since 2020. On a higher timeframe, I have noticed that the pair is trading within a falling widening wedge and now it is at the support of this wedge. If there would be any present of bullish reversal signs, there pair might...
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
EUR-CAD was trading in a narrowing bullish wedge And now we are seeing a bullish breakout at last Which confirms my bullish bias on the pair And I will be expecting the price to go further up Towards the target level above AT 1.40962
Last week, we predicted that EURCAD would likely test the 1.36300 level. Price made exactly the same move and currently, it's testing that level, the border of the descendin channel. We expect the price to drop to at least 1.35600 levels. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCAD is channeling downwards over 2 months now. Notice every time when price makes shallow extensions down or up price tends return to previous levels. We expected price to test higher levels. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
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
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
Looking at EURCAD on 2H Currently looking for long/buy position We looking for possible formation of the reaction phase
currently, we are seeing price held by trendline resistance and key level resistance combined, these levels might become strong levels to hold the EURCAD upside movement. personally, I will wait for the price to break out before placing any buy order, be patient and Goodluck traders! **Disclaimer** the content of this analysis is subject to change at any time...
EUR-CAD is trading in a local falling narrowing wedge The horizontal support level at 1.36450 . was retested So if we see a bullish breakout The pair will rise to resistance areas at 1.42004
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