EURCAD - Another Bearish MoveHello, Traders! 👋
After a strong bearish move, the EURCAD price broke below the recent lower low 1.60976.
So, I expect further bearish continuation.
🎯 Target: 1.60546
Short
Euro / Canadian Dollar
No trades
No trades
Compare with EUR to CAD
Pair info
The Euro vs. the Canadian Dollar. The Euro is the second most popular reserve currency in the world and is considered to be very stable. The Canadian dollar is the seventh most commonly traded currency in the world and is highly dependent on Canada’s exporting of its natural resources, especially oil.
Short
EUR/CAD Bullish Setup | Resistance Battle at 1.62500🎯💰 EUR/CAD — "EURO vs Loonie" 💰🎯
🏦 FOREX BANK WEALTH STRATEGY MAP 🏦
📅 Day/Swing Trade | Bullish Heist Plan
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📌 My Analysis
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🔍 EUR/CAD has been constructing a base in the 1.60–1.61 zone following a pullback from the Augu
A big profit in EURCAD? Waiting for confirmation!
Hello friends
A very good and long-term currency, of course, with proper confirmation.
This currency will only reach its targets if the trend line is broken, which has a multi-month and long-term perspective.
Let's keep this analysis as a memory to see what happens!
Long
EUR/CAD | Bullish SetupEUR/CAD is approaching a key bullish confluence: RBS + ascending trendline support. Watching for price to retrace into the zone and confirm a bullish reaction before looking for continuation higher.
Long
Potential bullish setup on EURCAD If price continues to respect 4hrs level of demand we may see potential bullish movie on this pair
Long
EURCAD--SHORTBearish Momentum & Breakout
Higher Timeframe Context: Following two consecutive bearish months, price pulled back to a key resistance level this month.
Today's strong rejection down closed below last week's low, signaling seller control.
Expectation: Bearish momentum is expected to continue down
Short
EUR/CAD Daily AnalysisEUR/CAD is showing signs of weakening bullish structure following a double top and successive lower highs. Price is now drifting back toward the rising support trendline, making this a key decision area. A decisive daily close below support would strengthen the bearish case and expose 1.6000, while
Bullish rise?EUR/CAD is falling toward the pivot and could bounce toward the 1st resistance, which is a pullback resistance.
Pivot: 1.61494
1st Support: 1.61117
1st Resistance: 1.62332
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC
Long
EURCAD buyWe are in an uptrend, wee RE HOPIG TO BUY TO THE LEVEL SHOWN, we join the market at the current rate
Long
EUR/CAD SHORT FROM RESISTANCE
Hello, Friends!
Previous week’s green candle means that for us the EUR/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with
Short
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of EURCAD is 1.60700 CAD — it has increased by 0.22% in the past 24 hours. See more of EURCAD rate dynamics on the detailed chart.
The value of the EURCAD pair is quoted as 1 EUR per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURCAD has the volatility rating of 0.56%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURCAD showed a −0.43% fall over the past week, the month change is a −0.74% fall, and over the last year it has decreased by −0.17%. Track live rate changes on the EURCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURCAD technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURCAD shows the neutral signal, and 1 month rating is buy. See more of EURCAD technicals for a more comprehensive analysis.