EURCAD IdeaPotential for a bearish pullback on the EURCAD pair, which could lead to a price movement towards the support level at 1.37900 in the upcoming period.Shortby GOLDFXCC2
EUR\CADBefore we delve into price action trading features, have you ever pondered the meaning of price? Market prices are more than just numbers and trajectories formed by their change. Those flickering digits on the screen actually carry an enormous weight of information! According to the renowned economist and Nobel laureate Milton Friedman, prices communicate with society in three ways. Prices transmit information, incentivize resource users to be guided by the price data, and encourage the resource owners to follow such information. Pretty complex, isn't it? The point is there's a depth of insight into why the prices are where they are. Notice that we mentioned resource users and owners – these smell like fundamentals. You can't really argue that price analysis is one thing and assessment of the real economy is another! Although, it's people who form prices, and we're not so precise sometimeby richardgilbert044117
Long opportunity on EURCAD for this week??Share your idea in the comment section of this pair and let's debate Good Week, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.Longby Michel_FRX1
Eurcad short position analysisWe have a CHoCH in 1H TF. There are two scenarios: 1- I think there is a chance that price come up to take the liquidity above that consolidation and then go down. 2- If any 5min candle closes below 1.4899 it's a confirmation to go short to TP1. Lets see what will happen... Good luck.Shortby NavidNazarianUpdated 117
EURCAD This position is continuously making a strong momentum uptrend and thereby increasing my potential gain to 3%. Hope this continuous but so far so am happy with the outcome should it hit my SL.Longby alastor_moodyUpdated 0
EurCad is ShortThe strong impulsive downwards move for me was a sign that sellers are willing to push the market down as it is retracing for a bit before it continues with long directions coz the overall direction is very bullish. Happy tradingShortby ellcothleoma024
I'm looking out for a sell on Eurcad$$ Ict simplified 😍 Looking towards that previous high after inducement have been taken Shortby vianneyjohn13150
EURCADEURCAD looks like a good opportunity for positional shorts on pullbacks. Inflation is falling rapidly in Europe region and the growth story is quite bad when compared to other regions, so while major central banks would cut rates around Q2 2024, i think ECB might cut rates earlier. Also, CAD looks like a good currency to buy against EUR since we a nice interest rate differential. Technically i see a little break in momentum in the up leg on weekly chart so i'll be looking it to trade lower and thin shots to the upside could be tradeable and used to build and hold short positions since we have positive carry.Shortby AllJammaster4
EURCAD SHORTIf you look left, there’s a circle. I’m looking for that same pattern at this resistance level. Potential ABC pattern setting up. Looking for a 1:1 minimum. I set a limit order at the recent high where the A leg started. I’m also looking for price to test that same recent high before a leg further down in price. Price has also been rising on low volume. If we miss it, no need to force it. Heading to bed so if it looks better during the day I may update with a market execution instead. Not advice. Shortby Redimere_91Updated 111
EURCADThe bullish trend is currently very strong on EUR/CAD. As long as the price remains above the support at 1.4624 CAD, you could try to benefit from the boom. The first bullish objective is located at 1.4913 CADLongby alizamyr1
💱 EURCAD - Retests as support breakout attempts The currency pair is forming preconditions for a possible break of the trend support and an attempt to change it. The price forms consolidation near the support even after the level retest. there is no expected reaction - bounce from the level. Bears are trying to dominate We are getting a chance to see a trend change. But again, since a bullish trend is forming, there is a high chance of a bounce from support. A fall is possible provided: 1) Breakout of the trend support and the level of 1.4868 2) Pre-breakout consolidation is formed 3) The market is not updating the highs, it is creeping closer to the support. Shortby Gold-TechUpdated 5513
EURCADdon't missss this chance ! uptrend already DONE no Downtrend turn ! disclaimer DYORShortby dorissimUpdated 1
EURCAD H4 I Bullish Bounce?Based on the H4 chart analysis, we can see that the price could potentially bounce off our buy entry at 11.4720, which is an overlap support level Our take profit will be at 1.4828, which is a pullback resistance level. The stop loss will be placed at 1.4608, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Longby FXCM6
EURCAD Scalping up Anticipating an upward movement for EUR/CAD in the short 15-minute timeframe. Set a stop-loss just below the last lower point. Keep profit targets flexible, adjusting based on price or candle developments.Longby crashfrash1
EURCAD-Look For This MovementOur analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will rise to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and neither should you Please support our analysis with a like or comment! Longby dkb14246557
EURCAD_ Look for this movementOur analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will rise to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and neither should you Please support our analysis with a like or comment! Let’s master the market together, share your thought and also encourage us to do more by liking this idea. Longby dkb142461
EURCAD- Bearish TrendEURCAD printing LH and LL. Bearish Trend. Sell limit , stop loss and TP 1 defined.by ahmadkhandawar7860
EURCAD: Bullish Forecast & Outlook The recent price action on the EURCAD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals224
EURCAD BUYCould this be a possible EURCAD BUY for the trend continuation? Based on higher tf, the market is still bullish, price action is showing buyers showing strength, and this could lead to the market moving up. Let's see how this plays out. Remember trading is all about probabilityLongby WiLLProsperForexUpdated 554
EUR/CAD BEST PLACE TO BUY FROM|LONG Hello,Friends! EUR/CAD is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.489 level. ✅LIKE AND COMMENT MY IDEAS✅ Longby EliteTradingSignals113
EURCAD - ShortPrice has been rejecting off this area throughout the NY Session and has failed to break resistance. Look for short setups, let price ride down to create a LL. Looking to take profit at 1.487. Will look to take partials around 1.49.Shortby xrpbilbsUpdated 111
EURCADExpecting liquidity grab of LOD and Previous LOD during the london session. Retesting a daily Trend channel. EUR CPI News today adn president lagarde speaks today. 11AM CAD GDP Monthly report 2:30 PM According to euro CPI forecast percentages will be lower than the last report, which indicates weaker euro Longby KoiFizh3
DeGRAM | EURCAD breakout, pullback, continuation opportunityEURCAD broke and closed below the consolidation zone. Price is creating an AB=CD pattern. Price action is pulling back to the consolidation zone, which usually acts as support and resistance. We anticipate a breakout pullback and continuation trade from the consolidation zone. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!Shortby DeGRAM117