All Trade Parameters shown on the chart. Short setup in Daily Supply. On a weekly chart we see two shooting stars in a row - Sign for reversal
If it breaks the neckline, 0,618 retrechment can be possible. It should be watched, if it doesn't break the neckline the chart can be a flag, and a continuation will be watchable
Hello everyone, we have an opportunity to short this pair towards the highlighted areas. For any questions leave a comment or DM me. Good Luck
We have a sell opportunity for this pair if price respects the flag resistance and the Gartley pattern. Like & Follow for Updates Happy Trading (*-*)
Currency pair - EUR.CAD Chart timeframe - 4hr Area of interest - 1.5060 & 1.5148 Chart pattern - Bearish Cypher Potential target 1 - 1.4937 Potential target 2 - 1.4861 Potential extended target - 1.4802
The common European currency is hard to chart against the Canadian Dollar. However, due to the high demand for the pair on the Swiss Foreign Exchange, the Dukascopy Analytics team is doing one of the rare reviews of the pair. In general the currency exchange rate is beginning a large scale decline due to bouncing off the resistance of a massive dominant channel...
Currency Pair: EUR.CAD Time Frame: Daily & 4hr Predicted Direction: Short Live EUR.CAD updates will be available in the comments section below
price complete bullish bat pattern. Now price break the triangle and retest. this will be my entry strategy. target on chart
Hello everyone, I posted EURCAD which is in break even but this is how I am looking at this pair overall on bigger timeframe. Already have a sell setup in place which will execute once the price hits. For any questions leave a comment or DM me. Good Luck
Currency pair - EUR.CAD Chart timeframe - 1hr Area of interest - 1.4825 & 1.4837 Chart pattern - Bearish Bat Potential target 1 - 1.4791 Potential target 2 - 1.4771 Potential extended target - 1.4760
EURCAD completes a Gartley pattern - Forms a small double bottom at the PRZ - Looking to trade the bounce
FX:EURCAD Safe trades;
Hello everyone. I am predicting a potential break out from this channel/wedge. Take care.
Similar to EURUSD especially with strong bullish sentiment on CAD (thanks to continued rising oil prices), also shorting this pair but at market instead of setting stop order, with TP at base pivot line (weekly chart) and tight SL near 1.485. Weekly: Daily: Confidence: B (might bounce up again from base pivot line after completing its current pattern;...
i see abullish Rsi divergence in h1 he is oversold in h4 CAD got power on a Saudi topic and the big bullish WTI,Brent but i think he will habe a pullback as also wti and brent are overbought and the reality will come after speculator. enter at 14775 target 1.4870 gain 105 pips
EURCAD in a middle of a correction. Trade at your own risk!
EUR/CAD is trading a narrow range on the day, 5-DMA caps upside in the pair. Technical studies are biased bearish. RSI and Stochs biased lower, RSI weakness seen below 50 levels. Daily cloud offers strong support at 1.4758 ahead of 50-DMA at 1.4738. Break below 50-DMA will see further weakness. Scope then for test of 200-DMA at 1.4640. MACD shows bearish...
Pretty slow moving pair lately but we could have a potential short on the touch of the 50 fib retracement level & touch of its countertrend line. Price broke out of its channel so overall still looks bearish..