EUR/CAD Sell ConfirmedHi Traders.
We saw a breakout from the ascending channel and LTF continuation developed.
Now we also see the breakout from the LTF continuation correction.
This is the confirmation for my setup, so i entered the trade.
EURCAD trade ideas
EURCAD POSSIBLE MOVE Price is bullish and it's far away from the inner trend from the daily timeframe. A pullback to the trend is expected for the continuation of the bullish bias. Alternatively, a break out and retest of the inner trend will set price to decline to the major trend.
Bearish drop?EUR/CAD is reacting off the pivot which is a pullback resistance and could drop to the 50% Fibonacci support.
Pivot: 1.61186
1st Support: 1.59852
1st Resistance: 1.62249
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EURCAD SELLING OPPORTUNITY AROUND 1.62200EURCAD made bullish flag and trying to reach on its destination.After reaching on daily fvg around 1.62200 . We will get sell opportunity.
Eurcad H1EURCAD is trying to approach to its support and H1 OB .... Here we can find a buying opportunity with short SL below the h1 OB ... just wait buying setup and go for buying.
EURCAD – Weekly Fibonacci MTF AnalysisDescription:
Multi-timeframe analysis using Fibonacci retracement on EURCAD.
The Fibonacci retracement is drawn from the swing low at 1.49 to the swing high at 1.6225.
Key Levels:
0.382 (1.5722) → major support zone
0.618 (1.5874) → strong support, key bullish level
0.786 (1.6048) → current resistance/test area
Extension 1.618 (1.6506) → long-term bullish target
Scenarios:
Bullish: If price holds above 1.6040 – 1.5980, next targets are 1.6225 and 1.6500 (Fibo extension).
Bearish retracement: A break below 1.6040 could push the pair lower towards 1.5870 – 1.5720 support zone.
Position Management:
Stop Loss placed just below the previous closed weekly candle (weekly spike).
Trailing Stop of 1–1.5 ATR, always adjusted below the latest weekly spike.
Partial profits can be taken near 2.00, while the main bullish target remains 1.65 (Fibo extension).
Conclusion:
The weekly chart shows EURCAD testing the 0.786 retracement.
As long as it holds, the broader trend remains bullish towards 1.62 – 1.65.
Failure to hold above 1.6040 may trigger a deeper retracement to 1.5870/1.5720.
Potential bearish drop?EUR/CAD has rejected off the resistance level, which is a pullback resistance, and could drop from this level to our take profit.
Entry: 1.61358
Why we like it:
There is a pullback resistance.
Stop loss: 1.62248
Why we like it:
There is a swing high resistance.
Take profit: 1.59842
Why we like it:
There is an overlap support that aligns with the 50% Fibonacci retracement.
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EURCAD: Expecting Bullish Continuation! Here is Why:
The analysis of the EURCAD chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers.
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BUY EURCADEURCAD Buy Idea. We should see strong bullish movement on EURCAD heading into Wednesday. Later this week, EURCAD will continue the bearish trend. We buy for now.
EURCADPrice recently swept liquidity above the previous highs and immediately rejected, confirming a liquidity grab. This move also led to a market structure shift (MSS) to the downside.
Currently, EURCAD is pulling back towards the supply zone (grey box), where sellers are expected to step in. If price respects this area, we could see continuation to the downside in line with the bearish structure.
Key Points:
Liquidity sweep above highs.
Bearish market structure shift.
Retest of supply zone in progress.
Bearish continuation expected if rejection holds.
📉 Outlook: Bearish – potential downside targets lie towards 1.5950 – 1.5850 zone.
EURCAD Short Term Opportunity.I expect to retrace to 1.5990. Another good chance for short trade. 1.61-1.1650 zone is good to go..
EURCAD -Long-term breakout with Weekly & Monthly R:R 1:9EURCAD has broken above the long-term resistance at 1.6150-1.6200, with confirmation on both the weekly and monthly charts.Above this zone,there is little resistance until the previous highs near 1.7500-1.7550.
EURCAD break out of parallel channel.DIvergence is formed on 4h TF. Possible trend reversal.Order has been set on trend change.
EUR-CAD Bullish Breakout! Buy!
Hello,Traders!
EUR-CAD is trading in a
Strong uptrend and the
Pair is made a bullish
Breakout of the key
Horizontal level of 1.6180
Which is now a support
And as the breakout is
Confirmed we will be
Expecting a further bullish
Continuation on Monday
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/CAD📉 EUR/CAD – Short Setup
Sell Stop: 1.6196
TP: 1.6162
SL: 1.6240
Rejection at channel top → targeting pullback
EURCAD Will Keep Growing!
HI,Traders !
#EURCAD made a bullish
Breakout of the key
Horizontal level of 1.60977
And the breakout is confirmed
So we are bullish biased
And we will be expecting
A further bullish move up !
Comment and subscribe to help us grow !
Uptrend for eurcadIn the long term, this currency pair is in a supply range, and if it can break above it, it will experience a good uptrend, but in the shorter term, we can trade new highs and lows.
EUR/CAD Rallies to Fresh Yearly HighEUR/CAD rallies to a fresh yearly high (1.6226) as it breaks out of the range bound price action from earlier this week, with the rise in the exchange rate pushing the Relative Strength Index (RSI) toward overbought territory.
A close above 1.6220 (50% Fibonacci extension) may push EUR/CAD toward the June 2009 high (1.6326), and a move above 70 in the RSI is likely to be accompanied by a further advance in the exchange rate like the price action from earlier this year.
At the same time, lack of momentum to close above 1.6220 (50% Fibonacci extension) may keep the RSI out of overbought territory but need a move below 1.6050 (38.2% Fibonacci extension) to bring 1.5950 (100% Fibonacci extension) on the radar.
--- Written by David Song, Senior Strategist at FOREX.com
EURCAD BUYEURCAD buy opportunity from a strong demand area. It also at a very strong support and time to buy the pair with 1:2 risk rewards. do not risk more than 1% from your account.
EURCAD Forming Bullish StructureEURCAD has built a solid bullish structure on the daily chart, printing consecutive higher lows and higher highs. The pair continues its climb from the early August swing low near 1.5800, now pushing past the interim 1.6200–1.6230 resistance area. The current price behavior suggests a measured retracement could form before continuation—setting up for another leg higher toward the 1.6700 zone if proven by price action.
On the macro front, monetary divergence remains the key driver. The European Central Bank is gradually edging toward policy normalization. While it has already delivered rate cuts, markets are becoming more confident that the ECB may pause easing soon as disinflation continues to lose momentum. In contrast, the Bank of Canada signals further flexibility—Canada’s inflation remains stubbornly above target, and the BoC appears data-dependent amid tariff-driven headwinds. This dynamic supports upside for EURCAD across the medium term.
Technically, the outlook favors trend continuation. If EURCAD holds above the 1.6200–1.6230 zone on a daily close, it opens the path to test 1.6500 and beyond. A retracement toward 1.6050–1.6100 would offer a clean entry opportunity with tight invalidation below. Institutional buyers should watch for follow-through momentum that supports a bullish bias.
Overall, EURCAD remains structurally bullish. With central bank nuances, commodity flow, and macro sentiment aligning, the setup offers a high-probability opportunity. Price confirmation—especially a sustained break above 1.6230—will likely accelerate the next leg higher toward 1.6700.
