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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 👆 🟢This Chart includes_ (EURCAD market update) 🟢What is The Next Opportunity on EURCAD Market 🟢how 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
EURCAD is in The Bullish TrendHello Traders In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET today EURCAD analysis 👆 🟢This Chart includes_ (EURCAD market update) 🟢What is The Next Opportunity on EURCAD Market 🟢how 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
Long
by ForexMasters2000
3
Is the Euro Gaining Strength Against the CAD Again?🎯 EUR/CAD SWING TRADE SETUP | FOREX OPPORTUNITY 💱 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 ASSET: EUR/CAD (Euro vs Canadian Dollar) ⏱️ TIMEFRAME: Swing Trade (Multi-Day Hold) 🎬 SETUP: Bullish Reversal - Weighted Moving Average Pullback 📈 BIAS: BULLISH ✅ ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🔍 TRADE PLAN BREAKDOWN 📍 ENTRY STRATEGY - "Layering Method" (Multiple Limit Orders) For optimal entries, use the THIEF layering strategy with staggered limit buy orders: ✅ Layer 1: 1.61800 (Initial Entry) ✅ Layer 2: 1.62000 (Aggressive Entry) ✅ Layer 3: 1.62200 (Dip Entry) 🎯 Tip: Customize layers based on your account risk & trading style 🛑 STOP LOSS 📌 Primary SL Level: 1.61500 ⚠️ Note: Adjust your stop loss according to YOUR risk tolerance & strategy. This is a reference level only. Risk management is YOUR responsibility. 🎁 TAKE PROFIT TARGET 🚀 Target Level: 1.64000 📌 Reason: Moving averages acting as dynamic resistance + overbought zone + potential trap breakout ⚠️ Note: Set YOUR own profit targets based on market structure & personal strategy. This is NOT financial advice—always manage risk responsibly. 💡 KEY CONFLUENCE FACTORS ✓ Bullish weighted moving average pullback ✓ Support zone hold at entry levels ✓ Risk/Reward ratio favorable for swing trading ✓ Multiple entry confirmation points ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🌐 CORRELATED PAIRS TO WATCH 1️⃣ OANDA:USDCAD (US Dollar vs Canadian Dollar) 🇺🇸🇨🇦 📊 Inverse Correlation: When USD/CAD rises → EUR/CAD likely falls 💥 Why It Matters: CAD movements drive both pairs; monitor for conflicting signals 🔗 Watch Level: 1.4200+ = CAD strength headwinds for EUR/CAD 2️⃣ FX:EURUSD (Euro vs US Dollar) 🇪🇺🇺🇸 📊 Direct Correlation: Both share EUR component 💥 Why It Matters: EUR strength here = EUR/CAD bullish confirmation 🔗 Watch Level: 1.0800+ = EUR strength = EUR/CAD support 3️⃣ BLACKBULL:WTI Crude Oil 🛢️📈 📊 Positive Correlation: CAD is commodity-driven (oil exporter) 💥 Why It Matters: Oil rally = CAD strength = EUR/CAD pressure 🔗 Watch Level: Oil $75-80/barrel = possible CAD headwind 4️⃣ $S&P500 (SPY/ES) 📊📉 📊 Risk Sentiment: Risk-on = CAD rally, Risk-off = CAD weakness 💥 Why It Matters: Market volatility directly impacts commodity currencies 🔗 Watch Level: SPY weakness = possible CAD weakness = EUR/CAD tailwind 5️⃣ TVC:GOLD (XAU/USD) 🏆💰 📊 Inverse with USD: Gold up = USD weakness = EUR/CAD strength 💥 Why It Matters: Safe-haven flows affect both pairs differently 🔗 Watch Level: Gold $2,100+ = possible EUR strength ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 👍 LIKE | 💬 FOLLOW | 📌 SAVE FOR UPDATES Your trading success is YOUR responsibility. Trade with conviction & proper risk management. ✨
Long
by The-Thief
Bearish reevrsal off key resistance?EUR/CAD is rising towards the pivot, which acts as an overlap resistance that aligns witht he 127.2% Fibonacci extension and could reverse to the 1st support. Pivot: 1.62915 1st Support: 1.62393 1st Resistance: 1.63225 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
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
EURCAD Expected Growth! BUY! My dear subscribers, This is my opinion on the EURCAD next move: The instrument tests an important psychological level 1.6182 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 - 1.6228 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. 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
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 (Average True Range) confirmation, creating a high-probability entry zone. This is your "heist opportunity" — multiple entry layers maximize your chances of catching the move. 🎬 ENTRY STRATEGY: LAYERED LIMIT ORDERS Think of it like stacking chips at the table — multiple small bets beat one big bet: 🔴 Layer 1 at price level 1.61400 — First reconnaissance move to test the waters and gauge initial momentum. 🔴 Layer 2 at price level 1.61600 — Confirm momentum building as price holds and retests the zone. 🔴 Layer 3 at price level 1.61800 — Build your core position as conviction strengthens with each layer filled. 🔴 Layer 4 at price level 1.62000 — Final accumulation layer to complete your position size. Note: Adjust layers based on your position sizing and risk tolerance. Start with what fits your account! 🛑 STOP LOSS PLACEMENT Thief SL: 1.61000 ⚠️ Risk Disclaimer: Stop loss is your safety net, not a guaranteed protection. Set it based on your personal risk management rules and account capital. Your risk, your rules! 🎁 PROFIT TARGETS 🟢 TARGET 1 (TP1) at 1.63200 — This is where the Hull MA acts as an overbought zone, signaling time to lock in 60% of your position. This is your first checkpoint to secure profits before things get spicy. 🟢 TARGET 2 (TP2) at 1.64500 — This level is the "Police Barricade" — a strong resistance cluster with overbought conditions brewing. This is where the TRAP zone activates. Don't get greedy here! Escape with your remaining 40% of profits and live to trade another day. ⚠️ Profit Target Note: These are suggested levels based on technical structure. Your take-profit strategy is YOUR decision. Trade responsibly! 🔗 CORRELATED PAIRS TO WATCH (Use as Confluence) 📍 USD Strength Indicators 💵 FX:EURUSD — Key Correlation: Inverse relationship. If EUR/USD rallies, EUR/CAD typically strengthens (bullish for setup). When the Euro pumps against the Dollar, CAD strength becomes less relevant, giving EUR/CAD room to fly. 🍁 OANDA:USDCAD — Key Correlation: Direct inverse. USD/CAD weakness = EUR/CAD strength. Monitor USD/CAD for divergence — if it's breaking down while our setup fires, that's GOLDEN confluence. 📍 Commodity Pairs (Loonie Movement) 🛢️ OANDA:USDCAD (Oil Sensitivity) — Canadian Dollar is heavily influenced by crude oil prices. Oil strength = CAD strength = potential headwind for EUR/CAD. Check oil charts before entering! Rising oil can kill your bullish trade. 🍁 OANDA:CADJPY — Reflects broader CAD sentiment across majors. Monitor for divergence signals. If CAD is rallying across the board, EUR/CAD might struggle against the Loonie. 📍 Technical Synergy 🔄 OANDA:EURGBP — Shows Euro strength relative to other majors. If EUR/GBP is bullish, EUR/CAD confluence improves significantly. This is your Euro strength confirmation. 📉 TVC:DXY (Dollar Index) — Broader USD weakness supports Euro strength. Watch for DXY breakdown below key support — when the Dollar bleeds, the Euro typically thrives. Key Point: Use these pairs as confirmation tools, not entry signals. Multi-pair confluence = higher probability trades. 🔑 KEY TECHNICAL POINTS ✅ ATR Pullback Retest — Price returned to support + ATR shows volatility compression = reversal setup that signals buyers stepping in. ✅ Layered Entry Strategy — Reduces average entry price and eliminates emotional FOMO trading by spreading your risk intelligently. ✅ Multiple Profit Targets — Risk-to-reward ratio calculated at 1.63200 (TP1) and 1.64500 (TP2) with proper scaling strategy. ✅ Overbought Zone Identified — Hull MA and resistance cluster at 1.64500 = natural exit point before the reversal crushes your profits. ⚡ QUICK RULES FOR THIS HEIST DON'T enter all layers at once — patience is the thief's best friend. Spread them out! DO move stops to breakeven after first target hit — locks in your win and removes risk. DO scale out at resistance levels (don't hold to the end) — never let profits become losses. DON'T average down below the stop loss — that's how traders blow up accounts. DO respect the "Police Barricade" resistance — it's there for a reason and will stop you out if you ignore it! 📌 TRADE MANAGEMENT CHECKLIST Set limit orders at all 4 layers (1.61400, 1.61600, 1.61800, 1.62000) Stop loss placed at 1.61000 with proper position sizing First target exit ready at 1.63200 (60% of position) Second target exit ready at 1.64500 (remaining 40%) Risk-to-reward ratio calculated before entering Trade size appropriate for account size and risk tolerance 💡 WHY THIS SETUP WORKS The confluence of pullback retest + ATR confirmation + multi-level resistance creates a high-probability zone where smart money typically enters. By using layered entries, you're not betting the farm on one price level — you're working with market structure, not against it. This is how professionals trade without the emotional baggage. You're stacking the odds in your favor by letting price come to you through multiple layers. ✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community! #EUR/CAD #ForexTrading #SwingTrading #DayTrading #ThiefOG #TechnicalAnalysis #ATR #BullishSetup #TradingStrategy #ForexSignals #PullbackRetest #LayeredEntry #RiskManagement #TradingCommunity Happy Trading, Thief OG Crew! 🎭💰
Long
by The-Thief
1