EURCADWEEKLY is bullish, I'm expecting the continuation if price breaks above the bearish candles and gives us a bullish OB. Then we can buy back to the weekly high. confirmation is waiting for the 4h bullish OB to form.
About Euro / Canadian Dollar
The Euro vs. the Canadian Dollar. The Euro is the second most popular reserve currency in the world and is considered to be very stable. The Canadian dollar is the seventh most commonly traded currency in the world and is highly dependent on Canada’s exporting of its natural resources, especially oil.
Related currencies
Continuation PatternWe might see this continuation pattern push us to the above POI where we will see this pair start to fall
EURCAD: Strong Bullish PatternObserve the price movement on 📈EURCAD.
The next buying signal will occur with a bullish breakout above the neckline of an ascending triangle pattern on the 4-hour chart.
A 4-hour candle closing above 1.6056 will confirm this breakout, with the next resistance level at 1.6105.
YOU MUST BE A CONFLUENCE FINDER, let me explain.......All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain dir
SELL EURCAD for bullish divergence trend reversal STOP LOSS: 1.6SELL EURCAD for bullish divergence trend reversal STOP LOSS: 1.6048
Regular Bearish Divergence
In case of Regular Bearish Divergence:
* The Indicator shows Lower Highs
* Actual Market Price shows Higher Highs
We can see a strong divergence on the MACD already and There is a strong trend rever
EURCAD Breakdown and Retest , All Eyes on SellingHello Traders
In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET
today EURCAD analysis 👆
🟢This Chart includes_ (EURCAD market update)
🟢What is The Next Opportunity on EURCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Te
EURCAD LONGBy utilizing Fibonacci retracement levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bullish sentiment prevails.
EUR/CAD Bears are getting strongerHI Traders.
I think when we develop more LTF correction there is a good chance that we will at least reach the buttom of the structure. I havent entered the posiition yet because i was already envolved in a EUR PAIR. But this is running in profit so i consider to enter one more when the setups play
EUR/CAD: Quant-Verified ReversalThe fundamental catalyst has been triggered. The anticipated strong Canadian CPI data was released as expected, confirming the primary driver for this trade thesis. Now, the focus shifts to the technical structure, where price is showing clear exhaustion at a generational resistance wall. 🧱
Our co
EURCAD: Bullish Forecast & Bullish Scenario
The price of EURCAD will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of EURCAD is 1.59216 CAD — it has decreased by −0.11% in the past 24 hours. See more of EURCAD rate dynamics on the detailed chart.
The value of the EURCAD pair is quoted as 1 EUR per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURCAD has the volatility rating of 0.89%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURCAD showed a −0.71% fall over the past week, the month change is a 1.47% rise, and over the last year it has increased by 6.81%. Track live rate changes on the EURCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURCAD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURCAD shows the buy signal, and 1 month rating is buy. See more of EURCAD technicals for a more comprehensive analysis.