With multiple factors aligning we expect to see a reversal in the next few days,
Hello,Friends! Bullish trend on EUR/CAD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.463. ✅LIKE AND COMMENT MY IDEAS✅
My dear subscribers, My technical analysis for EURCAD is below: The price is coiling around a solid key level - 1.4596 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.4613 About Used Indicators: By the very nature of the...
Can see price distributing on the HTF, with LTF fractal accumulations. Little buys towards the big move, also makes sense fundamentally with the continuation of OPEC oil production cuts, increasing demand for Oil, therefore appreciating the Canadian $ !
The EURCAD exchange rate has recently exhibited a lack of clear direction. On a broader scale, a downtrend has been in place, although it has lost momentum and entered a consolidation phase. Consequently, we anticipate a moderate uptick in the EURCAD in the coming days. The price has formed several wicks, which are likely to be partially resolved. Therefore,...
Interesting channel of liquidity, after convert to momentum !! We have to wait for a good confirmation Keep it Simple!
Take a look at our analysis for EURCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.460. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.440 level. P.S Overbought...
Siad as entry, ibdm formed manipulation come twice. Here we come
We're looking for SELL opportunities in this pair after the market has broken our big channel then already created smaller channel where we can all agree that is the correction phase. Now price is currently at our support. We are looking for rejections and retracements then our SELLs will be confirm Signal= SELL EURCAD SL=open open TP= open
We are in a good sales area in this pair, we can enter the market in areas close to 1.46010📈📈 We have already entered the market success to all, visit my profile in spanish to see the other operations✅ 😄📲 Success to all!
Guys, EURCAD will most likely bounce from a solid demand cluster. I will expect a growth a least to 1.465 target level. Stop loss should lie strictly below the underlined yellow support. Please, support this post with like and comment.
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Take a look at our analysis for EURCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.460. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.440 level soon. P.S Please, note that an oversold/overbought...
We are in a good BUYING area in this pair, we can enter the market in areas close to 1.46038📈📈 success to all, visit my profile in Spanish to see the other operations✅ 😄📲 Success to all!
EURCAD will continue in Bearish trend according to Descending Triangle continuation Pattern.
A simple retest of a the the round psychological zone of 1.4600 as resistance convinces me that we might be going lower on EURCAD
EURCAD at Weekly and Daily is sell but in 4H maybe long
EURCAD on 4h hr time has made good head & shoulder chart pattren now it is near its neckline if 4 hr candle give closing below neckline we can see a selling presure