This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
FX:EURCAD forms an interesting set-up, which in the medium term, if the right scenario is realized, can continue the previously formed bullish trend. On the chart, I noted a symmetrical triangle, which is developing within a global flat formation after a prolonged growth of the currency pair. Another resistance retest still cannot break the resistance, the...
My dear friends, Please, find my technical outlook for EURCAD below: The instrument tests an important psychological level 1.4563 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.4656 Recommended Stop Loss - 1.4511 About Used...
Waiting for a retest of 1.46278 to short EURCAD back to swing lows at 1.44906 If you agree drop a like and if you have any questions leave a comment :)
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
✅EUR_CAD was trading along The rising support line but now It is broken so I think that The price will go down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! EUR/CAD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.465...
Hey Traders, in today’s trading session we are monitoring EURCAD for a selling opportunity around 1.46400 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46400 support and resistance area. Trade safe, Joe.
This was a H1 trade - compromised on the traffic rule where there was 2 red candles....rule is x1 but entered candle was above...otherwise the setup was not too bad 6/10
Take a look at our analysis for EURCAD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.459. Considering the today's price action, probabilities will be high to see a movement to 1.449. P.S We determine oversold/overbought condition with RSI indicator. When it drops...
Hello,Traders! EUR-CAD broke the long-term Rising support line and the Breakout is confirmed so we Are bearish biased on the pair And we will be expecting A bearish continuation With the aim of retesting The local support below at 1.449 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey guys , Ideal on EURCAD is That We are Overall Bullish Starting From the Daily Timeframe Down to the H4 Timeframe Which Price is Now Pulling Back to Level 1.44537 on H4 Timeframe for a Buying Opportunity to Then Target the July High . Drop Your Comments on the Comments Section, Trade Safe James.❤
Here is my analysis for EURCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
#EURCAD In This 6 Hour Time Frame EURCAD will Need a Breakout from Falling Wedge first Then it will Make Some Bullish Moves
EURCAD is moving in expanding parallel channel and respecting well the support and resistance of the channel. Currently the price has bounce from support zone with bullish divergence as the price action suggest the bulls are taking the charge. What you guys think of this idea?
Hello,Friends! EUR/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.462 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
According to the above labeling, this currency pair is on the verge of falling in the form of hypothetical wave C or 3. If the wave structure of wave B is recognized correctly, you can expect a fall. This is just an analysis and idea of future price movement..
✅EUR_CAD broke the key Horizontal level of 1.4647 So I am now bearish biased And I think that we will see The pair go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅