EURCAD – Buyers Gaining ControlPrice has formed what looks like an inverse head and shoulders pattern after an extended bearish leg, a strong sign of potential reversal.
The left shoulder, head, and right shoulder structure all show selling pressure fading and buyers gradually stepping in.
We’ve now seen a clean breakout above t
Related currencies
EUR/CAD: Bullish Outlook📈EURCAD formed a significant inverted head and shoulders pattern on a 4-hour timeframe.
The neckline for this pattern is identified between 1.6226 and 1.6210.
Should the price successfully break and close above this neckline, it would indicate a strong bullish signal.
In such a scenario, the mark
EURCAD Reveals a Stunning Reversal You Can’t IgnoreHey everyone, Erik here.
EURCAD has been in a strong downtrend, though that bearish momentum is starting to lose its intensity. The market is now shaping what appears to be an inverse head and shoulders pattern, a classic sign that sellers may be running out of strength while buyers are beginning t
EURCAD - Buy the Bounce at Confluence!📈EURCAD remains in a steady rising channel on the daily. Price has pulled back into a strong support zone that perfectly aligns with the channel’s lower bound and the base of the recent micro wedge.
🏹As long as this confluence holds, I’ll be looking for trend-following longs from here, aiming first
EurCad Chart AnalysisAnalyzing the EUR/CAD chart, price action has reached a key support level and is currently consolidating within a narrow range, itself contained within a broader consolidation pattern. While the next directional move remains uncertain, my strategy is as follows:
Entry Plan:
Initiating a small long
Is EUR/CAD Ready for Takeoff After the ATR Pullback?💶💰 EUR/CAD: The Pullback Heist Setup | Swing/Day Trade
🎯 THE SETUP
Pair: EUR/CAD (Euro vs Canadian Dollar)
Market: Forex | Timeframe: Flexible (Swing/Day Trade)
Bias: 📈 BULLISH — Confirmed via ATR Pullback Retest
📊 GAME PLAN
The setup identifies a bullish pullback retest structure with ATR (Averag
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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 0.61565 EUR — it has increased by 0.35% 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 0.58%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADEUR showed a −0.41% fall over the past week, the month change is a −0.11% fall, and over the last year it has decreased by −7.83%. 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.









