The Euro / Canadian Dollar denotes how many Canadian Dollars are needed to purchase one Euro. Crude oil is one of Canada's largest exports and as such, tends to be sensitive to fluctuations in crude oil prices and global growth expectations. The Eurozone is the largest monetary union in the world and one of the most popularly traded currencies in FX. Throughout...
Yesterday we looked at EURAUD. So far, things are going according to plan. Today there may be an additional opportunity. And now let's see EURCAD - since the beginning of this month we have an impulse rise. The downtrend was broken through it and now we expect an additional rise. The possibility to enter is right now- during the correction. And if you want...
EURCAD broke out of the downtrend and is now showing strong bullish momentum. I expect price to continue to buy.
Possible short opportunity on EURCAD. - Price action; in line with the downtrend and 5th touch on the trend line - Confluence between 200 day EMA, and indicators - Rejection at 78.6% Fibonacci level - Fundamentals; EUR weak due to poor vaccine rollout
Seems like price about to repeat it's previous movement .
☑️EUR_CAD bounced off the support line And we could see a nice correction move up However, the pair is now trading closer and closer To the key resistance level on 3 day chart And close to the falling resistance too Thus, I think that once the price reached the confluence The pair will fall down SHORT↘️ ✅Like and subscribe to never miss a new idea!✅
EURCAD could go higher if we confirm above 1.48
Trend: Bearish Structure: Support and resistance Plan: We look for price to reject the resistance zone as seen on the chart. We await CCI and MACD confirmation before entering.
golden ripper pump opportunity 💲EUR/CAD- Setup / Analysis 4HR'S Chart Educational —————**- ✅ Just browsing through my analysis means a lot to me. ——— VIP Opportunity ' - Expecting Pump Up Done —— ➕ Key Technical / Reason's Long —- ❗️Price Enter Liquidity Zone with many reason's to Bullish - Take Profit 1 + 2 + 3 Account Growth = 15 % PIP...
Daily directional bias is good, the wave is smooth, established and respected. Single time frame DB and crude at resistance makes this a higher risk trade, would take a smaller entry. Weekly has no wave directional bias Monthly the trend has been up, however the wave is not smooth established or respected - I like a short with a target at the monthly uptrend...
Hello everyone, if you like the idea, do not forget to support with a like and follow. The following confluences have been observed and satisfied with the direction of market. Our trading plan is to bid at better price and hoping the market pick up our bid and move further with trend. The bidding plan should come with expiry date. D1/M55...
Price pretty much overextended for EURCAD. It reached 361.8 fibonacci expansion and then made a shooting star candle. Overall EURCAD might make another wave to the upside but before that we might see some downwards movement first towards 1.4900 area. I will try selling EURCAD if it touch 1.5000 Sell EURCAD 1.5000 Stop loss 1.5045 Take profit 1.4900 (2.2R) Use...
Very nice rejection of resistance, utilise sell limits for better entries