EURCAD Analysis H4Here 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!
EURCAD
Sell EURCAD Bearish ChannelSell EURCAD Bearish Channel
Sell Eur/Cad @ 1.4355
Tp - 1.4270
Sl - 1.4385
Its Good chance to sell today,
Thank you
EURCAD: Bulls Will Push Higher
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EURCAD Potential DownsidesHey 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.
EURCAD Trading IdeaBased 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 for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
✅EUR_CAD TECHNICAL ANALYSIS|LONG🚀
✅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🚀
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EURCAD is likely to rebound and ascend once againThe 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 again from this support level.
EURCAD Analysis H1Here 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!
EUR/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
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.
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EURCAD At a tipping point. Trade according to this Support Zone.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 downtrend as it approaches the 1.42850 - 1.42400 Support Zone (1 & 2), so as long as it holds, we will be bullish short-term targeting the Symmetrical Resistance Zone at 1.46000. If the price breaks below Support 2 (1.42400) we will instead sell and target 1.40250, which would be a -5.50% decline from the August 30 High. Both targets are respectively on the top (Lower Highs trend-line) and bottom (Lower Lows trend-line) of a potential Channel Down pattern that might emerge if the Head and Shoulders prevail.
Note that the 1D RSI is currently oversold, which currently favors the bullish case.
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EURCAD - Looking To Sell Pullbacks In The Short TermH4 - 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.
EURCAD Long Trade IdeaThe EURCAD trading chart has just presented a bullish trading opportunity
As indicated by the bullish harami candlestick pattern just above the 1.42841 horizontal support level.
If the bullish move is strong enough, price could be headed towards the 1.48000 psychological level.
Given that price has already broken below 👇 the trend 📉 line, it could still break above it towards the psychological level earlier mentioned.
The recent downward move, before this reversal indicated by the bullish harami candlestick pattern, was as a result of the positive Consumer Price Indices (CPIs) of the Canadian economy.
As always, do not risk more than you can afford to lose on any one trade.
Happy trading!
EURCAD Potential DownsidesHey Traders, in today’s trading session we are monitoring EURCAD for a selling opportunity around 1.44500 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.44500 support and resistance area.
Trade safe, Joe.
EURGBP I Headed for top of the rangeWelcome back! Let me know your thoughts in the comments!
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