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Canadian Dollar/Euro

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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 remains upward. A bullish reaction from the current support area could trigger a rebound. However, traders should watch for a possible false breakout below the support before the next upward move If the price successfully reacts from the current level, the next resistance zone is expected between 1.6350 and 1.6500. You may find more details in the chart. Trade wisely best of Luck. Ps; Support with like and comments for better analysis thanks for Supporting
Long
by MrMartin_11
13
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 around 1.62 hold firm, I’ll be watching closely for bullish rejections or reversal patterns to confirm a fresh leg upward. A clean bounce from here could send price back toward the orange structure zone around 1.6350, followed by a potential push toward 1.64+ if momentum builds up. ⚔️However, a break and close below 1.6180 would invalidate the setup and could shift control back to the bears — but until that happens, the path of least resistance remains to the upside. In short, I’m expecting EURCAD to trap late sellers and fuel another rebound from the channel’s base, the kind of move that rewards patience and precision. 📊 All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
3
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 the currency pair is striving for is 1.6173. The trend is bullish. A reaction from the bulls is possible... A false breakout of resistance is forming a correction. However, the price is still within the trading range of 1.64 - 1.6173. The price is heading towards support for a retest, and the indicated zone is likely to stop the correction... Resistance levels: 1.633, 1.64 Support levels: 1.6173, 1.603 A liquidity pool below 1.62 - 1.617 could change the game in favor of buyers. Remember, the trend is bullish, and this will be a clear advantage for players. A false breakdown of support and the absence of a downward momentum could trigger growth. Best regards, R. Linda!
Long
by RLinda
7
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 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
5
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 resistance area — the marked target level. Buyers are expected to step in from the current demand zone, maintaining the bullish structure for a potential rally continuation. "Thank you for your support! If you found this idea valuable or learned something new, please consider liking and leaving a comment. I’d really appreciate hearing your feedback and thoughts.
Long
by Pintu_sahu01
4
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 Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by IC Markets
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. Target - 1.6323 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURCAD INTRADAY (15m)TECHNICAL SNAPSHOT Pair: EUR/CAD Timeframe: 15m Trend: Bearish drift; lower highs with momentum push down into green buy-zone. 🔴 STOP / RESISTANCE (top-down) • 1.62700 — Sell Stop/Invalidation (overhead pivot) • 1.62650 — Sell Limit (prior supply shelf) • 1.62600 — Take-profit magnet for counter-trend bounces 🎯 ENTRIES & TARGETS (top-down) • 1.62500 — TP (bounce fade) • 1.62346 — Buy Stop (break-back above micro structure) • 1.62250 — Buy Limit (first demand) • 1.62200 — Buy Limit (deeper demand) • 1.62130 — Stretch TP / reload zone • 1.62100 — Final TP / exhaust probe 🟢 SUPPORT (top-down) • 1.62346 — Intraday support/flip line • 1.62250 — Demand 1 • 1.62200 — Demand 2 • 1.62130 — Deep demand • 1.62100 — Extreme demand Indicators: Price below recent swing mid; momentum bars expanding red; wicks show sell pressure into the green zone. Notes: • Structure: sequence of lower highs; blue midlines = prior TP/rotation marks. • Tactics: Look for rejection near 1.6250–1.6265 to continue short; watch 1.6220–1.6213 for responsive bids.
Long
by ProfessorCEWard
1
Falling towards major support?EUR/CAD is falling towards the support level which is a multi-swing low support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.61790 Why we like it: There is a multi-swing low support that aligns with the 61.8% Fibonacci retracement. Stop loss: 1.61235 Why we like it: There is a pullback support that aligns with the 78.6% Fibonacci retracement. Take profit: 1.63069 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by Vantage
EURCAD – Watching Key 4H SupportEURCAD is approaching a strong support level on the 4H chart after making a semi-impulsive move down. This level has been tested several times already. Key observations: ✅ Price at multi-test support zone ✅ Momentum under 50, with potential to hook upward or form divergence ✅ Volume not yet aligned — we’ll be waiting for confirmation This is not a trade yet — but it’s one to watch closely. For a valid VMS setup, we’ll need to see momentum confirmation and volume spike into alignment at this level. ⚠️ For educational purposes only. This is not financial advice. #Forex #EURCAD #VMSStrategy #TradingView
by darlwright
EURCAD SWING Trade Forecast Pair: EURCAD Direction: Long (Buy Bias) Forecast Entry Zone: Around 1.6100 to 1.6000 Forecast Stop Loss: Below 1.5750 Forecast Take Profit 1: 1.6560 Forecast Take Profit 2: 1.7038 Expected Risk to Reward: Around 1 to 3.8/7 Timeframe: Daily (Swing Forecast) Date: October 2025 My Outlook I am forecasting a continuation of the bullish trend on EURCAD following the recent pullback. The pair has shown consistent strength after breaking structure to the upside, and the current correction appears to be a normal retracement rather than a trend reversal. The key zone I am watching is between 1.6100 and 1.6000, which aligns closely with the 50 and 61.8 percent Fibonacci retracement levels. This is a strong area of previous demand and also where the market last generated an impulsive bullish move. I am expecting buyers to step back in around that zone and push the pair higher toward the next liquidity levels around 1.6560 and ultimately 1.7038, which aligns with the 100 percent extension level. Technical View The structure is bullish and well defined. The Break of Structure confirmed the start of a new upward leg earlier in the cycle, and since then, price has been forming higher highs and higher lows. At the moment, price has reached a temporary resistance near 1.6360, where short term profit taking occurred. This pullback is likely to offer a new buying opportunity once price retraces deeper into the fair value region between 1.6100 and 1.6000. The 61.8 percent retracement at 1.6006 serves as the last line of confluence before invalidation. My stop will sit safely below 1.5750, where a break would indicate a possible shift in structure and invalidate this bullish forecast. As long as price holds above that zone, I expect the uptrend to resume with momentum. Fundamental View The broader macro picture currently supports a stronger euro against the Canadian dollar. Positive drivers for this forecast: The European Central Bank remains cautious but has signaled that interest rates will stay relatively elevated for a while, which supports the euro. Oil prices have been slightly softer recently, which tends to weaken the Canadian dollar since CAD is closely tied to crude exports. If risk sentiment stays stable and European economic data continues to show resilience, EURCAD could extend higher. Possible risks to this outlook: A strong rebound in oil prices could boost CAD and slow the bullish momentum. Any dovish shift from the European Central Bank or weak Eurozone data could weigh on the euro. If global risk sentiment drops and demand for the Canadian dollar increases, this could temporarily pressure the pair lower. Despite these risks, the balance of technical and fundamental evidence supports a bullish continuation. My Forecast Plan My plan is to wait patiently for price to retrace toward the 1.6100 to 1.6000 demand zone. I will look for bullish confirmation such as a clear rejection or a strong engulfing candle on the four hour chart before entering long. My first take profit level is 1.6560, which represents a key liquidity target and prior resistance zone. If momentum remains strong, I will aim for the 1.7038 area as the extended projection. The invalidation point is clearly defined below 1.5750. A daily close under that level would indicate a structural change, and I will reassess the forecast at that point. My Thoughts This setup aligns perfectly with my trading principles ; clean structure, logical retracement, and a clear invalidation level. The 1.6100 to 1.6000 zone is a fair value area where I expect new accumulation to take place. The risk to reward ratio on this forecast is solid, and I like the clarity of both technical and fundamental alignment. If the pair holds its bullish structure, this could be a strong continuation play toward 1.70 in the coming months. As always, patience will be key. I will allow the market to pull back into my forecast zone rather than chasing price at current levels.
Long
by ECOINTRADE