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CADEUR trade ideas

Potential rising Wedge on 1D TimeframeCurrently for EUR/CAD Price has been climbing steadily since February of 2025. With the initial weakness on the CAD due to Tariffs and then the Strength on EUR in late march of 2025 causing a 4 -5% increase in value across most EUR pairs. Now if we look at the daily timeframe we can see price is still making slow gains BUT!! we can start to see a formation of a rising wedge last Fridays poor NFP data Caused the DXY to plumet and in turn cause the EXY to rise as a result. Canadas poor unemployment and PMI fueled the strength in Fridays gains in the EUR/CAD. While yes we made a new high on Friday at 1.62578 we did not however maintain and close above the previous high of August 22nd at 1.62084 we ended up closing at 1.62036. If you also take a look at RSI we are starting to show Clear as day divergence as price is showing a climb and RSI is showing a fall. This paired with the potential rising wedge has me looking for potential sell setups in the near term.
Short
by MerrillOneFinancial
2
EUR/CAD: Launching Long! Layered Entry Strategy For Gains💸 EUR/CAD "Euro vs Loonie" Bank Plan (Swing / Scalping) 📊 🎯 Trading Plan (Thief Layering Strategy) Asset: EUR/CAD Setup: Bullish Hull Moving Average breakout + retest 🟢 Entry (Layering Style): Multiple buy limit orders at 1.60800 1.60900 1.61000 1.61200 (You can expand layers based on your own risk preference) Stop Loss (SL): Thief SL @ 1.60600 (adjust to your own risk strategy) 🛡️ Target (TP): Resistance "police barricade" around 1.62200 🏁 ⚠️ Note: This is not financial advice — manage your own TP and risk as per your trading plan. 🔍 Why This Plan? (Fundamental + Macro + Sentiment + Thief Blend) 📈 Real-Time Snapshot (Sept 5, 2025) EUR/CAD Spot Rate: 1.6025 Daily Change: +0.12% 52-Week Range: 1.4650 – 1.6350 👥 Trader Sentiment Retail Traders: 42% Long 🐂 | 58% Short 🐻 Institutions: 55% Long 🐂 | 45% Short 🐻 😱 Investor Mood (Fear & Greed) Index: 48/100 → Neutral ⚖️ (leaning fear due to global trade + US jobs data) 📋 Fundamentals Score: 62/100 🟢 Drivers: Eurozone growth resilient, ECB steady at 2% 🏦 Canada facing weak jobs data, BoC at 2.75% 🛢️ Oil prices steady, modest CAD support ⚡ 🌍 Macro Score Score: 58/100 🟡 Factors: Global trade tensions weigh on CAD 🛡️ Eurozone recovery boosts EUR 💪 US policy uncertainty adds volatility 🌪️ 🧭 Overall Market Outlook Bias: Neutral → Slightly Bullish Tilt 📈 Why: ECB support + Eurozone recovery outweigh CAD’s oil-linked strength. Range likely 1.60 – 1.63 short-term. 🚦 Related Pairs to Watch FX:EURUSD , OANDA:USDCAD , OANDA:GBPCAD , OANDA:EURGBP Keep an eye on BLACKBULL:WTI (Oil) for CAD correlation. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” #EURCAD #Forex #TradingPlan #SwingTrading #Scalping #ThiefStrategy #HullMovingAverage #Fundamentals #MacroAnalysis #Sentiment #FXCommunity
Long
by The-Thief
2
Two EURCAD Positions Trade Recap 10.09.25Two positions covered in this recap. EUR / CAD -1% EUR / CAD Re-Entry BE Full explanation as to why I executed on these positions and how I maintained my mindset to allow me to get back into the second position after taking the loss. Something I have been working on the past month or so is maintaining the executional mindset after being taken out of a trade, and if it is still intact to actually get back in to the market. Any questions you have just drop them below 👇
by JordanWillson
2
Bearish reversal?EUR/CAD is reacting off the pivot and could reverse to the 1st support, which acts as a pullback support. Pivot: 1.61193 1st Support: 1.60319 1st Resistance: 1.62159 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 ICmarkets
Will EUR/CAD Hold This Breakdown or Fake Us Out?🚨 What’s Cooking on EUR/CAD (4H)? The market already whispered the next move... are you listening? EUR/CAD gave us a clean bearish divergence, and it played out beautifully. But here’s the kicker — since then, the market flipped from higher highs to lower highs and lower lows. Classic bearish behavior. Now it’s dancing around the last Lower Low (LL). We’re waiting for that breakout confirmation. If it drops below? That’s our green light. If it doesn’t? We walk away clean. This trade setup isn’t just technical — it’s backed by solid sentiment and simple macro logic. Here’s the full breakdown: 📌 EUR/CAD (4H TF) Trade Snapshot Trend: Bearish Divergence: None (Already played out before) Current Pattern: LH and LL forming (bearish structure) Bias: Bearish Sentiment (myfxbook): 69% traders are short SL: 1.61308 Entry (Sell Stop): 1.60047 Take Profit (TP1): 1.58786 Lot Size: 0.2 Risk/Reward: 1:1 Risk/Reward Amount: $200 / $200 📉 Why This Setup Makes Sense (Simple Fundamentals) 1.EUR is Weak *The Euro is losing strength across multiple pairs. *Europe’s economy isn’t looking strong, and investors are stepping back. 2.CAD is Holding Steady *Canada’s dollar is neutral — not surging, but not dropping either. *Stable oil prices support CAD. This gives the bearish trade idea even more weight. 🛡️ Why This Strategy Is Smart We're not just jumping in blind. ❗ We only enter if the market confirms by breaking the previous Lower Low. ❗ No confirmation = no trade = no loss. ✅ If it breaks, we ride the wave down with strong risk control and clear targets. It’s all about patience and precision. #EURCAD #ForexTrading #ForexSetup #PriceAction #4HChart #SmartTrader #SellSetup #TrendFollowing #BreakoutTrade #BearishTrend #RiskReward #ForexPlan #MarketStructure #ForexStrategy #Myfxbook #ForexSentiment #TradeSmart #NoFOMO #ForexCommunity #EuroWeakness #CADStrength #OilAndCAD #ChartAnalysis #SwingTrade #ForexExecution #TechnicalAnalysis #BearishBias #ForexPatience #TradingMindset #BreakoutSetup #RiskManagement #SLTP #SmartMoneyMoves #BearishMove #ConfirmedSetup #TradeLikeAPro #ForexUpdates #MacroMatters #ForexSnipe #PriceActionTrader #WatchListFX ⚠️ Disclaimer: This is not financial advice. For educational purposes only. Trade at your own risk.
Short
by asimafridi
EURCADEURCAD (8H) — Bias: Buy-the-dip within rising channel Structure: Price is trending up inside an ascending channel and just broke above recent range highs, leaving a fair value gap (FVG) below—classic setup for a pullback then continuation. Flow/Momentum: Impulsive breakout candle, RSI turning up → buyers in control unless the breakout fails. Idea: Look for a retrace into the FVG / prior ceiling turned support, form a higher-low, then continuation toward the upper channel rail. Triggers: 1) Bullish rejection in the FVG; or 2) Break–retest holds with 1H/4H turning back up (5–15–30m align long). Invalidation: An 8H close back inside the old range / sustained loss of the channel midline → neutralize the long bias.
Long
by SurgiForex
EURCAD Is Bearish! Sell! Please, check our technical outlook for EURCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.623. The above observations make me that the market will inevitably achieve 1.598 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
EUR/CAD Trade IdeaPrice has pushed upward, breaking structure to the upside. However, this move left behind an imbalance (fair value gap), suggesting the market may look to correct before continuing higher. Plan: Wait for a retracement to fill the imbalance (correction). Look for bullish confirmations once the correction completes. Expectation: continuation to the upside after correction. Key things to watch: Where the imbalance sits (mark out the FVG zone). Price reaction as it corrects—look for bullish order blocks or rejection wicks. Structure holding above the most recent higher low.
Long
by yongalino
WHAT YOU DON'T SEE ON EURCADHere’s a clean, trader-to-trader read on your EURCAD intraday chart. ### Market structure * **Context:** After yesterday’s impulsive push up, price distributed, printed a lower high, then **shifted bearish** with a clean impulsive selloff into London hours (your timestamp shows \~09:00). * **Structure break:** The drop took out the prior intraday higher-low cluster and set **LL–LH** flow. Until price **reclaims 1.6230–1.6235**, bears control the session. * **Imbalance/FVG:** LuxAlgo marks a **bearish imbalance just above price (\~1.6228–1.6235)**—that’s the first magnet on any bounce. Expect mitigation wicks there. ### Key levels on your screenshot * **1.6260–1.6265:** Prior support turned resistance; top of your blue target zone. If price can reclaim and hold above, the bearish leg is likely over for the session. * **1.6230–1.6235:** Imbalance/mini supply from the sell program; first decision point. * **1.6210–1.6207:** Current execution zone / micro demand pivot. Lose it decisively and momentum should extend lower. * **1.6180–1.6185 (and 1.6170):** Next downside liquidity pools; where shorts would look to take profit if the FVG rejection holds. ### What the long setup on your chart needs You’ve drawn a long (blue profit box above, red risk below). For that to play out with good odds: 1. **Reclaim:** Bullish **ChoCh** on the 1–5m and a candle *close* above **1.6230–1.6235** (full FVG fill). 2. **Hold:** Subsequent pullback **holds 1.6228–1.6230** as fresh support (no immediate shove back under). 3. **Targets:** * TP1: **1.6252–1.6255** (pre-break shelf). * TP2: **1.6260–1.6265** (structural flip). * Stretch: **1.6275–1.6285** if momentum returns. 4. **Invalidation:** Clean 5–15m close **below 1.6207** or a drive into **1.6180** (your red risk block) voids the bullish idea. *R\:R from your drawing looks roughly \~1.5–2.0 if targeting 1.626x/1.628x; tighten the stop only after TP1 is paid.* ### Bearish continuation path (most probable until 1.623x is reclaimed) * **Scenario:** Price wicks into **1.6230–1.6235** (FVG/last sell OB), shows rejection (upper wicks/engulf on 1–5m), and rotates back under **1.6220**. * **Plan:** Fade the FVG mitigation with risk above **1.6238–1.6242**. * **Targets:** **1.6207 → 1.6180 → 1.6170**. Trail behind 1–5m lower highs once under 1.6210. ### Liquidity & sessions * The London impulsive dump likely **swept late Asian longs**. That often creates a **mean-reversion pop** to fill the first imbalance (your 1.623x), then decides trend. Use that fill as the day’s decision point. * Above **1.6265**, buy stops from intraday shorts become fuel; below **1.6180**, sell stops under equal lows are exposed. ### How I’d trade it (rules-based) * **If long:** Wait for a **close above 1.6235**, then buy the retest; partial at **1.6252**, move stop to BE, let the rest try **1.6265/1.6280**. * **If short (base case until proven otherwise):** Look for **rejection at 1.6230–1.6235**, enter on a bearish 1–5m engulf, stop **1.6240–45**, scale out **1.6207 → 1.6180**. ### Risk notes * EURCAD can snap on CAD headlines (oil, BoC chatter). Size accordingly; you only need one side to pay—don’t marry both scenarios. * Keep it mechanical: **confirmation > entry > partials > BE**. No confirmation above 1.6235 = no longs for me. **Bottom line:** Bias is **sell rallies** into **1.6230–1.6235** unless bulls **reclaim and hold above** that imbalance. Reclaim turns the day neutral-to-bullish toward **1.6265+**; rejection keeps pressure toward **1.6180/1.6170**.
by PIPSPHERE_NETWORK