✅EUR_CAD is going up now But a strong resistance level is ahead at 1.4770 Thus I am expecting a pullback And a move down towards the target at 1.4683 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
greetings. I am long EURCAD today at market SL: 1.4682 TP: 1.4775 I am only sharing, not a recommendation to enter the markets.
Price has broken out of an overlap resistance level which aligns with the 61.8% Fibonacci retracement and could rise from this level to our take profit Entry: 1.46630 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement Stop loss: 1.46258 Why we like it: There is an overlap support level Take profit: 1.47338 Why...
EURCAD / 1D Greetings, traders! Welcome back to another market analysis. The EURCAD pair has been following a bullish trend, with the price indicating signs of strength. This breakout suggests the possibility of further upmovement. I intend to consider entering a position at lower prices following confirmation of the lower time frame during the next pull-back...
Here is our detailed technical review for EURCAD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.460. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.464 level. P.S We determine...
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
Hello traders, we want to check the EURCAD chart. After a downward movement, the price has pulled back to the specified resistance level, which it has reacted to several times in the past. We expect this level to maintain the downward trend of the price and the price will fall to around 1.45800. Good luck.
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.46900 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46900 support and resistance area. Trade safe, Joe.
Hello,Traders! EUR-CAD is going up now But will soon hit a horizontal Resistance level of 1.467 from where We will be expecting A further move down Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I am going long EURCAD at market prices SL: 1.4540 TP: 1.4873 I am only sharing my trades, not a recommendation to enter the markets.
Looking to buy after the break above the HMA on the 1HR TF, and will consider partial buying. Will buy again if it dips into the Buy Side LQ Swing/Zone. Buying strategy involves waiting for the break above the HMA and retest. **This is solely my trading strategy and not financial advice.** **Please trade with proper risk management.**
Hello,Friends! EUR/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.455...
💵Pair Name EUR/CAD Time Frame : 12 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— Bearish Break 1.45850 Area Reasons - Major Turn level - Fixed lvn - Engulfing Break - Fibo Golden - Choch Bullish Reversal 1.44500 Area Reasons - Major Turn level - Pattern Target -...
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.46050 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46050 support and resistance area. Trade safe, Joe.
Potential short opportunity from this supply zone on EURCAD if price were to pullback and fulfil the imbalance it has left behind. We are in an overall downtrend on the hourly timeframe, so for me, I'm on the lookout for selling opportunities. I like this supply zone because it has created a break of market structure to the downside which tells me it is a strong...
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.
EURCAD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURCAD Entry Level - 1.4587 Sl - 1.4560 Tp - 1.4644 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The EURCAD pair has been trading within a 12-month Channel Down and is currently reversing after a Double Top rejection on Resistance 1 (1.47825). Following the 1D MACD Bearish Cross, this has the potential to initiate Phase 2 of the Bearish Leg that started on the November 21 2023 Lower High. Technically this should be at least a -4.47% Bearish Wave, similar to...