Canadian Dollar/Euro
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!❤️
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...
Hello,Friends! We are going short on the EUR/CAD with the target of 1.478 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
📈 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...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is at last month's Resistance Trendline - Price action is in a Consolidation zone - Targeting the 38.2% Fibo retracement Fundamental Confluences for Trade: - ECB plans to cut interest rate next month...
✅EUR_CAD is trading in an uptrend And the pair was making a bearish correction But is now about to retest a horizontal support level of 1.478 From here I am expecting the pair to go up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today NZDCAD analysis 👆 🟢This Chart includes_ (NZDCAD market update) 🟢What is The Next Opportunity on NZDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello,Traders! EUR-CAD broke the key Horizontal level of 1.478 And the breakout is confirmed So we will be expecting A further move up After the potential pullback Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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...
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✅EUR_CAD surged again to retest the resistance of 1.478 But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EURCAD Sell Stop Loss: 1.481 Targets: 1.474 1.473 1.472 1.470 1.468 1.466
My dear friends, EURCAD looks like it will make a good move, and here are the details: The market is trading on 1.4767 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.4715 Recommended Stop Loss - 1.4800 About Used...
Hello,Friends! EUR/CAD pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.465 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Starting your analysis and mapping out your support + resistances level from a higher timeframe such as the weekly or daily will give you a much better understanding of where price may be heading. Remember, to be able to determine the future more accurately, we must study our past. History repeats itself as they say. *Always remember to let price action develop...
EURCAD - Sell Stop - Bearish trend to follow after bearish reversal patter - Take entry if previous HL is broken
lets take this entry just using market stracture we have the market bullish