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FX:EURCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
EURCAD has been trading in bearish paralllel channel with trend looks fadding away now. Currently price is at the strong support zone, which has been reached in the past as well. We are expecting bullish reaction from here and the risk reward favors the bullish position here. Trade your levels accordingly.
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
Hey traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.372 zone, once we will receive any bearish confirmation the trade will be executed. Keep in consideration also BoC Rate statement this week where we expect a hike of 0.50 which gonna contribute to CAD strength. Trade safe, Joe.
EUR/CAD is follow bearish trend and comes up after touch lower trend line and now enter new trend perfect time to buy for 2 weeks
Bearish trade idea on the EURCAD 4H... Price has been in a downtrend for months. Price is now in a descending wedge and has recently broken most recent outside return to the downside. Price has touched the upper support trend line 3 times and respected on the third touch. Price was rejected at the 618 Fibonacci retracement from the most recent swing...
Sell: EUR / CAD SL @ 1.37185 TP @ 1.34400 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
EURCAD has been trading in bearish parallel channel from the start of this month. It has defined the bottom around 1.35900 where we witness consolidation. Recently price has broken the consolidation box and trading above it. We remain watchful of the falling channel resistance zone and will be bullish if the price break and sustain above it.
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 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.
Buy: EUR / CAD Buy Limit: 1.37955 SL @ 1.37260 TP @ 1.39390 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
EURCAD has produced a breakout from the falling trendline and is trading above it. Recently price action is consolidating in a box as highlighted on the chart. We are still bullish in this pair with two strategies; A buy on dip till falling trendline Or Breakout above the resistance zone will be safe enough for long positions. Trade your levels accordingly.
My views on EURCAD is bearish heading towards the support line of 1.3351 to retest it or break it.
Hey traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.375 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Sell: EUR / CAD Sell Limit: 1.37690 SL @ 1.38430 TP @ 1.36530 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
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 this trade,I believe best that eurcad may sell to a specific support before looking for buys .