Hi Traders! The EURCAD Broke a Strong Daily Support Level (1.43628 - 1.42384) Currently, This Support Level Becomes a New Resistance Level. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 1.40350🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The EURCAD has currently reached a pivotal support level following a significant downtrend. It is evident that the price has become over-extended, signaling a potential retracement in the near future. Our trading strategy entails establishing a short position should the price retrace into our predefined selling zone. I adhere to a prudent approach when determining...
Since the beginning of 2023, EurCad's price has been trading above 1.4250, a level that became a very important line in the sand, with a test in January, February, and back in June, Recently, the price came back to this level and after only one day of consolidation, yesterday broke under. This is a very important break for the pair and opens the door for further...
support zone breaked by good candle... trend line breaked risk to reward 4
Hello Everyone 🙋🏽♂️ As we could see at the end of the descending channel, we had Double bottom and the most recommended movement after the This move is a ascending trend, so we had two scenarios her as we could se on the chart, 1️⃣ first one is the ascending trend which is the most common move to this pattern after testing the price 1.43900 2️⃣the second one...
Here is my analysis for EURCAD on H4 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!
Sell EURCAD Bearish Channel Sell Eur/Cad @ 1.4355 Tp - 1.4270 Sl - 1.4385 Its Good chance to sell today, Thank you
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURCAD. ❤️ Please, support our work with like & comment! ❤️
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.43900 zone, EURCAD is trading in a downtrend and currently is in a consolidation phase in which it is approaching the trend at 1.43900 support and resistance area. Trade safe, Joe.
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 is going down now But a strong support level is ahead at 1.4248 Thus I am expecting a rebound And a move up towards the target of 1.4428 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The current trading rate for EURCAD stands at 1.4350. This support level was initially established on 6 January 2023. Subsequently, it was tested again on 10 February 2023, then once more on 8 June 2023. Remarkably, the currency pair is now testing this support level for the fourth time. Our analysis suggests that EURCAD is likely to rebound and ascend once...
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 bullish as soon as usoil 94.5 Enjoy the smart ideas 💡 Enjoy the holiday
Hello,Friends! EUR/CAD is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.435 level. ✅LIKE AND COMMENT MY IDEAS✅
The EURCAD pair has been decreasing since the August 30 High that formed the 1.48250 Resistance (1). Being below both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line), the long-term outlook looks bearish, considering also the fact that we may have completed a huge Head and Shoulders pattern since December. However, the price is decelerating the...
H4 - Bearish trend pattern. Currently it looks like a correction is happening. No opposite signs. Until the strong resistance zone holds my short term view remains bearish here.
Following the trend, EURCAD could go down to the demand area of 1:43237.