Lingrid | EURCAD False Breakdown Reversal Long SetupThe price perfectly fulfilled my previous idea . FX:EURCAD is testing the 1.6210 support after a sharp rejection from the 1.6400 resistance ceiling. Price action shows an A-B-C corrective structure completing near the upward support line, hinting at potential rebound strength. As long as 1.6200 h
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EUR/CAD: Important BreakoutThe EURCAD pair has violated and closed below a significant support level.
A confirmed break of structure suggests a strong likelihood of a continued bearish trend.
The subsequent support level is situated at 1.6180, which could potentially serve as the next target for sellers.
EURCAD: How to Trade Liquidity Grab 🇪🇺🇨🇦
EURCAD is testing a significant rising trend line on a daily.
We see a trap and a false violation of that on an hourly time frame.
To confirm that was a liquidity grab, I will look for a CHoCH and
an hourly candle close above 1.6288.
It will provide a strong bullish signal.
An up movement will
EURCAD: wedge at the top with bearish divergenceThe EUR/CAD pair has been trading within an ascending channel, but the 4H chart shows a rising wedge pattern, typically a reversal setup. Attempts to sustain above 1.64 have failed so far, while the CCI indicator shows a series of bearish divergences, highlighting weakening bullish momentum.
Techni
EURCAD Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for EURCAD below:
The price is coiling around a solid key level - 1.6329
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Go
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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 EUXCAD is 1.6280 CAD — it has decreased by −0.15% in the past 24 hours. See more of EUXCAD rate dynamics on the detailed chart.
The value of the EUXCAD 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. EUXCAD has the volatility rating of 0.15%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EUXCAD showed a −0.35% fall over the past week, the month change is a 0.56% rise, and over the last year it has increased by 8.67%. Track live rate changes on the EUXCAD 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.
EUXCAD 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 EUXCAD 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 EUXCAD technical analysis. The technical rating for the pair is neutral today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EUXCAD shows the buy signal, and 1 month rating is buy. See more of EUXCAD technicals for a more comprehensive analysis.