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.
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
Looking at EURCAD on 2H Currently looking for long/buy position We looking for possible formation of the reaction phase
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
Adjusting to the price action, an updated look at the current market shows price is bearish, making LHs and LLs. It is now at a what I believe is a valid demand zone. I am looking for bullish PA that may indicate a market shift here, where the market may be turning from bearish to bullish momentum.
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.
EUR-CAD is trading in a falling channel And the husband re-tests Channel support level and horizontal support at 1.392 I think it's followed by a bounce from existing areas By the bullish correction is possible So we will be waiting for the reversal signs To be able to enter a long trade BUY
After breaking the set level, the price drops to the previous floor by 150 pips. Also, R:R = 2. Are you agree?
According to my analysis this currency pair inshallah move bearish for the upcoming week 1-Strong nice downtrend 2-Nicely repeating its key levels towards downtrend Note: For bearish move it is suppose to hold trend line
Good Morning everyone, the price of the Euro against the Canadian Dollar is falling just near the end of the annual cycle. We still have some time to see it drop below the November lows, personally I see 1.40526 as a good level of buying, but only the MCS will confirm this. The excess weakness on the MCS is showing up, the channel is tightening fast and...
Since November, EurCad is trading in a range, with a low of around 1.42 and a high above 1.4550. Yesterday the pair visited the lower boundary of the range and reversed (Pin Bar on Daily chart) At this moment there is a high probability of continuation to the upside and traders can look to buy dips under 1.43 with a target at 1.45 A daily close under 1.42 negates...
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...
I tried to make everything self explanatory in the chart
Hello. If the pullback is completed and the price is returned, you can buy with 2 targets
After a false break under 1.43 support, EurCad reversed strongly on Friday, putting in an immense bullish engulfing on our chart, which engulfs almost 2 months of trading. 1.4450 provides support now and dips towards that zone should be bought. Bulls target can be 1.5 zone resistance and only EurCad under 1.43 would negate this scenario
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.
Hi fellow traders, EURCAD will be ready to sell from the blue box area as the correction is completing. Goodluck!