💹 Let's kick off our trading week by analyzing the popular EURCAD pair. 🔎 Higher Time Frames Analysis: In our daily and weekly time frames, we observe that EURCAD has been ranging between 1.42435 and 1.50374, which is logical given the current policies between the European Union and the Canadian government. 📊 Previous Analysis Recap: In our last month's...
At these type of ideas i will try to show you were the charts have big possibilities to bounce back , depends on ICT point of view. Have in mind that those special zones are NOT trade signals , but areas where you have to applicate your specific strategy.
📈 Bullish Breakout Setup on CAD Pair: Trade Idea and Analysis 📈 Overview: This analysis focuses on a potential bullish breakout pattern for a CAD currency pair on the daily timeframe. 📅 Recent price action suggests an upcoming upward movement, and this trade idea aims to take advantage of that potential. 📈 🔍 Analysis Details: 1. Current Price Action: - The...
I have already shared a very bullish forecast for EURCAD, after a breakout of a key daily resistance. Today we see one more intraday bullish confirmation - a bullish breakout of the resistance line of a symmetrical triangle on a 4H time frame. I believe that the market will reach at least 1.485 level soon. ❤️Please, support my work with like, thank you!❤️
Price has been bullish , making successive HH and HL, hoping to take a long position from any of the zone below, targetng the previous HH, This is just a financial advice not a signal, 1st zone is a flipzone and its in the premium, and ideally its wrong to take a long from premiums pricing ( tho it's in the discount of the recent range, but i like taking entries...
Hello Traders ! On The Daily Time Frame, The EURCAD Broke a Strong Resistance Level (1.47460 - 1.47800). This Key Level Becomes a New Support Level ! So, I Expect a Bullish Move 📈. ------------ TARGET: 1.49100🎯
✅EUR_CAD is trading in An uptrend and the pair is Consolidating above the Key horizontal level of 1.478 Preparing for a bullish move Up so we will be expecting A retest of the target level Above at 1.482 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Fundamentals & Sentiment EUR: - Undervalued against other high-beta currencies, as far as market internals are concerned CAD: - Expected bad data from the US (MoM CPI and Retail Sales) to impact CAD Technical & Other Setup: S(B) Setup timeframe: D Trigger: 4h Medium-term: Uptrend Long-term: Sideways Min target: November highs Risk: 0.42% Entry: Market
EURCAD formed a nice bullish flag pattern on an hourly time frame. During the NY session, the price went up and violated a resistance line of the pattern. The market may keep growing on Monday. Goal - 1.482 ❤️Please, support my work with like, thank you!❤️
The EUR/CAD currency pair has recently moved to the upside, driven by a bullish pennant pattern and a breakout above a key resistance level. This breakout suggests strong bullish momentum, indicating potential for further gains. Traders might look for confirmation through volume and additional technical indicators to gauge the sustainability of this upward trend.
Hello traders, Here is my detailed long-term Market analysis of EURCAD. This is intended to educate those who might be new or at their intermediate level in Elliott wave theory. The EURCAD currency pair is currently exhibiting a sideways trend, which is characterized by relatively stable price movement within a confined range. This type of market behavior...
Pair Name : EUR/CAD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
Daily: - Bullish M - Clear S&D zone - Impulse/ correction - Bullish momentum Weekly: - 4/4 criteria *Weekly wants to go to the W -27 (aligns with Daily -27) *Very strong resistance where we broke above (a lot of bullish power needed) 4H: - Bullish - Bullish M - ABC pullback *Bears are coming corrective in the leg down, bulls have more power (+)
Please, check our technical outlook for EURCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.479. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.482 level. P.S The term oversold refers to a...
After quite an extended bullish accumulation within an ascending triangle formation, EURCAD bounced yesterday and violated its resistance. It opens a potential for a further bullish continuation. Next resistance will be 1.486 ❤️Please, support my work with like, thank you!❤️
EURCAD showing interest in going up from here. With tighter stop it will most likely be able to ride upward.
EURCAD has been trading in a repetitive AB=CD pattern. Currently, the price has broken point B. There is no Bearish divergence, hence the price is likely to move towards point D to complete the AB=CD pattern. Trade Plan: Long Entry: 1.48365 SL: 1.47836 TP1: 1.48894 TP2: 1.49424
From my view, EURCAD should be bullish to finish filling up that daily FVG to the top...