Potential BullishThe price failed to clearly touch the supply zone above therefire it retraced to the demand level to accumulate more buy orders. There is a possibility buyers will keep pushing price because of the trendline liquidity and demand zone
But if price breaks below the trendline there is a possibility of sales continuation.
Canadian Dollar/Euro
No trades
Trade ideas
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
EURCAD Sellers In Panic! BUY!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.6246 pivot level.
Bias - Bullish
My Stop Loss - 1.6231
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.6272
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURCAD
This image displays an hourly candlestick chart for the Euro/Canadian Dollar (EUR/CAD) currency pair from the OANDA brokerage, covering the period from late August to early October 2025.
Market Trend and Channel Analysis
The chart clearly shows the EUR/CAD pair is in a strong uptrend, moving within a well-defined ascending parallel channel.
Channel Boundaries: The pair has been consistently respecting the lower and upper boundaries (blue lines) of this channel, indicating a persistent bullish sentiment.
Mid-Channel Line: A dashed line runs through the center of the channel. This line often acts as an intermediate support or resistance level, with the price action moving between it and the main boundaries.
Key Price Levels and Indicators
Current Action
The price is currently near the upper boundary of the ascending channel. This often suggests the possibility of a temporary pullback or a decisive breakout attempt.
The price is also sitting just below a key resistance level marked by the red horizontal line at approximately 1.63902.
Support and Resistance
Immediate Resistance: 1.63902 (red line). A breakout above this level would confirm stronger momentum.
Immediate Support: The lower boundary of the red horizontal box, which aligns with the moving averages and the top of the price congestion area, around 1.63351 and 1.63692.
Previous Support/Congestion: A wider, shaded pink horizontal box around 1.61900 likely represents a previous zone of support and consolidation before the current leg up.
Moving Averages
The chart includes two Moving Averages (MAs), one in black and one in red, which appear to be the 50-period and 200-period MAs, respectively (common configurations).
The shorter-term (black) MA is consistently above the longer-term (red) MA, and both are sloping upward, which is a classic bullish signal (a "Golden Cross" on a larger timeframe or sustained positive MA alignment).
Crucially, the price action is trading above both moving averages, which are acting as dynamic support, reinforcing the uptrend.
Potential Trade Setup (Indicated Box)
The green and red boxes on the right side of the chart suggest a potential trade idea:
Entry/Breakout Zone: The price is hovering around the potential entry zone. A sustained move above the 1.63902 resistance and the channel's upper boundary would signal a breakout.
Target (Take Profit): The shaded green box (Take Profit level) is set near 1.65149, implying the expectation of continued upward momentum following a breakout.
Stop Loss: The shaded red box (Stop Loss level) is placed near 1.63323, just below the immediate support and moving averages, suggesting a strict exit if the upward momentum fails.
Conclusion
The EUR/CAD pair is in a strong upward channel. The immediate question for traders is whether the price will:
Breakout above the channel and the 1.63902 resistance to test higher levels (the scenario outlined by the trade boxes).
Pullback from the upper channel boundary towards the mid-channel line or the dynamic support provided by the moving averages.
The current price action is tight against resistance, suggesting an imminent move.
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 the neckline, confirming the shift in momentum.
I’m watching for a short-term pullback toward the neckline for a possible retest before continuation.
As long as price holds above that level, the bullish bias remains intact.
Next upside target sits around 1.6318, aligning with the next resistance zone and measured move projection from the pattern.
Buy EUR/CAD at 100 Daily MA & strong supportThe EUR/CAD has been bullish for along time now but has been correcting for a few weeks now and looking for support. The 100 daily MA / daily support / channel support are all lining up now around 1.1620. Time to buy?
Buy Limit : 1.6120 100 Daily MA / channel support
Stop : 1.6040 under channel support
Profit : 1.6400 previous minor high
Risk 1 : 3.5 / Stop is 80 pips
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 to show interest.
After the right shoulder formed, buyers made a confident move above the neckline, signaling a possible shift in market structure from bearish to bullish. At the moment, I’m watching for a short-term pullback toward the neckline area, a healthy retest that could confirm the strength of this move before any continuation higher.
As long as price holds above that level, the bullish scenario remains valid. The next upside target is around 1.63185, which aligns with the next resistance zone and the projected move derived from the pattern.
This setup is clean, logical, and full of potential. It illustrates how market momentum can shift naturally from exhaustion to recovery, hinting at the early stages of a possible trend reversal.
EURCAD Wave Analysis – 5 November 2025
- EURCAD reversed from support area
- Likely to rise to resistance level 1.6385
EURCAD currency pair recently reversed from the support area between the key support level 1.6160 ( which has been reversing the price from the middle of September), lower daily Bollinger Band and the support trendline of the daily up channel from May.
The upward reversal from the support area stopped the impulse c-wave of the earlier ABC correction (ii) from the middle of October.
Given the clear daily uptrend the oversold daily Stochastic indicator, EURCAD cryptocurrency can be expected to rise to the next resistance level 1.6385 (which stopped earlier waves iii and v).
EURCADEURCAD formed a bullish divergence. The price stayed in a range for some time, then broke out of that range. After the breakout, the price created a higher low (HL). When the price broke the previous higher high (HH), an entry was taken. The stop loss (SL) was placed below the higher low (HL), and the risk-to-reward ratio was 1:1.
EURCADThe price is currently in a downtrend, forming a series of Lower Lows (LL) and Lower Highs (LH)
After making the last Lower Low, the market is now pulling back upward, approaching the Fibonacci 0.6 retracement level
Entry: At the Fibonacci 0.6 retracement level (expecting a continuation of the downtrend)
Stop Loss (SL): Above the previous Lower High (LH)
Take Profit (TP): At the previous Lower Low (LL)
EURCAD: Will Start Falling! Here is Why:
Balance of buyers and sellers on the EURCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURCAD POTENTIAL LONG OPPORTUNITY....REACTION TRADEHey hey TradingView family! Hope you guys are doing amazing! Joseph here AKA JosePips just wanted to make a quick post on a reversal long opportunity I see on the EURCAD currency pair! So let's dive straight into it
OK so first things first. Higher timeframe. When looking at this currency pair on the weekly & above timeframes (which hold the most weight) we can see that price is obviously sitting @ multi month & year highs. So you may be wondering...why are you saying to buy it then? lol. Well the truth is that just because the monthly and weekly show something doesn't mean there isn't opportunity on other timeframes...and for this I see opportunity on the daily for a reaction from the buyers to the upside. Here's why...
1. Price is pulling back into area of demand (previous buyer zone)
2. Coming off of multiple weeks of pullback (good discount)
3. Lot's of technical confluence lining up in this area (demand & RSI)
4. Fib extension from previous daily impulse move (-61.8 level) as confluence
So there are multiple reasons why this setup looks interesting and technically is showing us that there is like to be some sort of REACTION from this zone of demand!
So hope you guys find some value from this and can help in your analysis and market trading. Please boost this and follow my page for more content!
Cheers!
EURCAD-BUY-Strong BullishHello,
EURCAD is so bullish. Many people are thinking it is overbought. I got it. But the Bullish still leaves in Market.
Someone may say there is a pinbar.. it is possible to be a fake pinbar.
It seems to be pullback mode soon.
SL : 1.61735
TP1 : 1.163115
TP2 : 1.163503
Good luck
EURCAD START OF BULLISH REVERSALPrice bounced back from major Support Level at (1.61819 - 1.61692) and later entered into consolidation phase.
Bearish trendline with 2 touches that price is currently attempting breakout.
Price is in Consolidation phase and is attempting breakout at the top of the range at (1.62179 - 1.62099).
50 EMA Acting as Resistance at the top of the range adding Confluence to the trade
50 EMA, Bearish trendline and Intraday Resistance level all converging at Same Area making this an A+ Setup
* Wait for breakout and retest of the top of the range for Entries
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 market could potentially advance towards the 1.6560 level.
Please note that the neckline currently acts as a robust demand area. Shorting opportunities should only be considered after a confirmed breakout of this level.






















