EURCAD Looking Bullish Trend to wardsThe EUR/CAD pair is currently in a bullish trend, consolidating after a recent pullback toward a key support zone. The euro has established a strong support area, indicating that buyers may soon regain control.
Although price is currently showing signs of a temporary decline, the broader trend rema
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EURCAD - Bounce Play at the Rail!EURCAD has been respecting its ascending channel beautifully , bouncing between the rails like clockwork. And right now, price is once again retesting the lower trendline, where buyers have consistently stepped in before launching new bullish waves.
🏹As long as this trendline and minor support arou
EURCAD → Retest of liquidity pool before growth FX:EURCAD is forming a correction to the key liquidity zone amid a global and fairly strong bullish trend. Will the bulls enter the game in the 1.6173 zone?
The euro is forming a correction to the strong support zone of 1.16, which is provoking a decline in the currency pair. The key area that
EURCAD: Another Trend Line Based Opportunity 🇪🇺🇨🇦
EURCAD may continue rising after a test of a solid
rising trend line on a daily.
A formation of a double bottom pattern accompanied by
a bullish Change of Character on an hourly time frame
indicates a strong buying interest.
Goal - 1.6305
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EURCAD EUR/CAD 4H chart shows a bullish setup after a strong corrective move into a key demand zone. Price is currently rebounding from support around 1.6220–1.6250, suggesting potential for an upside continuation. A clean break and retest of the mid-zone could trigger momentum toward the 1.6400 resistanc
Potential bearish drop?EUR/CAD is reacting off the pivot which is a pullback resistance and could drop to the multi swing low support.
Pivot: 1.62744
1st Support: 1.61635
1st Resistance: 1.63349
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC
EURCAD⬆️ Buy Entry: 1.62420 - 1.62180
⏹️ Stop Loss: 1.61850
*️⃣ Take Profit: 1.62880 - 1.63170
🔠 Price consolidation near local support levels (15M). A short-term strengthening of the euro and an impulsive breakout of the pair above 1.63000 are expected. We are also closely monitoring the publication of
EURCAD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for EURCAD below:
The instrument tests an important psychological level 1.6247
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of CADEUR is 0.61460 EUR — it has decreased by −0.10% in the past 24 hours. See more of CADEUR rate dynamics on the detailed chart.
The value of the CADEUR pair is quoted as 1 CAD per x EUR. For example, if the pair is trading at 1.50, it means it takes 1.5 EUR to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADEUR has the volatility rating of 0.57%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADEUR showed a 0.95% rise over the past week, the month change is a 0.24% rise, and over the last year it has decreased by −7.80%. Track live rate changes on the CADEUR chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADEUR is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADEUR right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADEUR technical analysis. The technical rating for the pair is neutral today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADEUR shows the sell signal, and 1 month rating is sell. See more of CADEUR technicals for a more comprehensive analysis.









