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 approaching a significant resistance area 1.472. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
EURCAD is showing the formation of bearish ABCD pattern, we will entry the buy trade after the break of point B keeping the targets as per risk reward ration. When the price will reach the PRZ then we will see the price action of short.
we did a breakout and a retest and we should move higher to make a higher high.
Hello,Friends! EUR/CAD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.466 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
OVERALL GAME PLAN I am going to sell the pair EUR/CAD ANALYSIS IN MY FAVOR * Currently at resistance level on the 4 hours and daily * Overall trend is bearish ANALYSIS AGAINST ME * Current short term trend is bullish
EURCAD Update..! If the pair comes to 1.46600 level it be best opportunity for buying market more than 400 pips. Bu till that support do not sell. EURCAD BUY Limit 1.46600 STOPLOSS 1.46200 1ST TARGET 1.47000 2ND TARGET 1.47600
Hi Guys very good trade coming up for the eurcad ,very good volume for the buyers secondly fundamentals are also with bullish euro.Good long trade expected for euro cad
On a strong daily resistance. I expect it to go down soon till 1.50
Hello You can see the EURCAD chart in the one-hour time frame In my opinion, the best entry point is at the price of 1.46637, observing the loss limit of the specified area
Hello You can see the EURCAD chart, which, according to the previous analysis, was able to touch the target beautifully and with minimal loss
initially took a counter-trend trade for sells on ECAD chose to close and BE on this trade got in a buy positiona fter the bullish push above the HOD/PHOD level price did not activate my buy limit position. i noticed $ supporting at a certain level so i manually entered in a buy and tp was hit about an hour later
Simple and Clean Buy Trade setup.. Expecting upside movement as per plan.. wait for BOS in LTF the Buy
Hello Here we have the EURCAD chart in the two-hour time frame, which has broken the downward channel price, and we expect the price in the retrace to reach the support area of 0.46300 and continue its upward trend until the key point of 0.46795. And in case of breaking the resistance zone with suitable candles, we will consider the continuation of the upward trend
My dear followers, This is my opinion on the EURCAD next move: The asset is approaching an important pivot point 1.4653 Bias - Bearish Safe Stop Loss - 1.4675 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.4619 About Used Indicators: For...
The EUR/CAD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of an ascending triangle pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the triangle after confirmation. Ideally, this would be around 1.4710 or lower if the price continues to...
EURCAD has been trading in a Bullish Trend. Following a strong Bearish Divergence on the RSI, a clear Double Top Pattern has been formed, hinting a Bearish reversal. Trade Plan: Short Entry: 1.46732 SL: 1.47302 TP1: 1.46162 TP2: 1.45590