Get started

Canadian Dollar/Euro

No trades
OverviewIdeasMindsTechnicalsSeasonalsEconomic Calendar

Trade ideas

EURCAD: Bearish Rally Continues ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡จ๐Ÿ‡ฆ EURCAD turned strongly bearish on Friday. The price broke and closed below a significant daily support cluster. There is a high probability that the market will continue falling next week. Next support - 1.6047 โค๏ธPlease, support my work with like, thank you!โค๏ธ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1
EUR/CAD: Dead Cat bounce?An interesting bearish setup may have emerged on EUR/CAD. After breaking below trend support on Friday, the pair has held beneath that level and is now consolidating tightly near the lows. Both the broken trendline and the October trough are acting as resistance, reinforcing the risk that any rebound may prove shallow. If downside momentum resumes, support layers around the 1.60 handle and the 200-day moving averages become natural targets for sellers. Matt Simpson, Market Analyst at City Index.
Short
by City Index
EURCAD Breakout and Retest , All Eyes on SellingHello Traders In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET today EURCAD analysis ๐Ÿ‘† ๐ŸŸขThis Chart includes_ (EURCAD market update) ๐ŸŸขWhat is The Next Opportunity on EURCAD Market ๐ŸŸขhow to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Short
by ForexMasters2000
EUR/CAD BEST PLACE TO SELL FROM|SHORT Hello, Friends! EUR/CAD is making a bullish rebound on the 4H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.604 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. โœ…LIKE AND COMMENT MY IDEASโœ…
Short
by EliteTradingSignals
1
Is the Euro Gaining Strength Against the CAD Again?๐ŸŽฏ EUR/CAD SWING TRADE SETUP | FOREX OPPORTUNITY ๐Ÿ’ฑ โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“Š ASSET: EUR/CAD (Euro vs Canadian Dollar) โฑ๏ธ TIMEFRAME: Swing Trade (Multi-Day Hold) ๐ŸŽฌ SETUP: Bullish Reversal - Weighted Moving Average Pullback ๐Ÿ“ˆ BIAS: BULLISH โœ… โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ” TRADE PLAN BREAKDOWN ๐Ÿ“ ENTRY STRATEGY - "Layering Method" (Multiple Limit Orders) For optimal entries, use the THIEF layering strategy with staggered limit buy orders: โœ… Layer 1: 1.61800 (Initial Entry) โœ… Layer 2: 1.62000 (Aggressive Entry) โœ… Layer 3: 1.62200 (Dip Entry) ๐ŸŽฏ Tip: Customize layers based on your account risk & trading style ๐Ÿ›‘ STOP LOSS ๐Ÿ“Œ Primary SL Level: 1.61500 โš ๏ธ Note: Adjust your stop loss according to YOUR risk tolerance & strategy. This is a reference level only. Risk management is YOUR responsibility. ๐ŸŽ TAKE PROFIT TARGET ๐Ÿš€ Target Level: 1.64000 ๐Ÿ“Œ Reason: Moving averages acting as dynamic resistance + overbought zone + potential trap breakout โš ๏ธ Note: Set YOUR own profit targets based on market structure & personal strategy. This is NOT financial adviceโ€”always manage risk responsibly. ๐Ÿ’ก KEY CONFLUENCE FACTORS โœ“ Bullish weighted moving average pullback โœ“ Support zone hold at entry levels โœ“ Risk/Reward ratio favorable for swing trading โœ“ Multiple entry confirmation points โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐ŸŒ CORRELATED PAIRS TO WATCH 1๏ธโƒฃ OANDA:USDCAD (US Dollar vs Canadian Dollar) ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡จ๐Ÿ‡ฆ ๐Ÿ“Š Inverse Correlation: When USD/CAD rises โ†’ EUR/CAD likely falls ๐Ÿ’ฅ Why It Matters: CAD movements drive both pairs; monitor for conflicting signals ๐Ÿ”— Watch Level: 1.4200+ = CAD strength headwinds for EUR/CAD 2๏ธโƒฃ FX:EURUSD (Euro vs US Dollar) ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ“Š Direct Correlation: Both share EUR component ๐Ÿ’ฅ Why It Matters: EUR strength here = EUR/CAD bullish confirmation ๐Ÿ”— Watch Level: 1.0800+ = EUR strength = EUR/CAD support 3๏ธโƒฃ BLACKBULL:WTI Crude Oil ๐Ÿ›ข๏ธ๐Ÿ“ˆ ๐Ÿ“Š Positive Correlation: CAD is commodity-driven (oil exporter) ๐Ÿ’ฅ Why It Matters: Oil rally = CAD strength = EUR/CAD pressure ๐Ÿ”— Watch Level: Oil $75-80/barrel = possible CAD headwind 4๏ธโƒฃ $S&P500 (SPY/ES) ๐Ÿ“Š๐Ÿ“‰ ๐Ÿ“Š Risk Sentiment: Risk-on = CAD rally, Risk-off = CAD weakness ๐Ÿ’ฅ Why It Matters: Market volatility directly impacts commodity currencies ๐Ÿ”— Watch Level: SPY weakness = possible CAD weakness = EUR/CAD tailwind 5๏ธโƒฃ TVC:GOLD (XAU/USD) ๐Ÿ†๐Ÿ’ฐ ๐Ÿ“Š Inverse with USD: Gold up = USD weakness = EUR/CAD strength ๐Ÿ’ฅ Why It Matters: Safe-haven flows affect both pairs differently ๐Ÿ”— Watch Level: Gold $2,100+ = possible EUR strength โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ‘ LIKE | ๐Ÿ’ฌ FOLLOW | ๐Ÿ“Œ SAVE FOR UPDATES Your trading success is YOUR responsibility. Trade with conviction & proper risk management. โœจ
Long
by The-Thief
EURCAD Bearish Reaction at Intraday Support Resistance This is a short-term sell setup on EURCAD based on price rejecting a resistance level. Price recently dropped strongly and is now struggling to move higher. The area around 1.6150 has acted as resistance, and price is showing weakness below this level. This suggests sellers are still in control. This setup is intended as a short-term intraday trade, not a long-term position. โธป TRADE DETAILS Direction: Sell Entry Price: 1.6153 Stop Loss: 1.6190 (Above recent highs to protect against reversal) Take Profit 1: 1.6125 Take Profit 2: 1.6095 Take Profit 3: 1.6065 WHY THIS TRADE MAKES SENSE โ€ข Price rejected a previous support that turned into resistance โ€ข Strong bearish move followed by weak bounce โ€ข Lower timeframes show lower highs and selling pressure โ€ข Momentum favors continuation to the downside
Short
by MoneyGangPhone
EUR-CAD Bearish Bias! Sell! Hello,Traders! EURCAD has broken decisively below the horizontal supply area after sweeping buy-side liquidity and distributing at premium, forming an SMC breakout structure that favors continuation lower toward the next discount target. Time Frame 10H. Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TopTradingSignals
1