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Eurcadanalysis

I'll tell you the exact rebound spot for #EURCADHello friends nice to meet you all hope you have a good day #EURCAD When you look at the big picture, It is moving sideways, drawing a BOX pattern. By looking at the important tail zone in the past wave and calculating the angle of the short-term trend line, a RED short-term trend line was created. With the current decline, There will be a rebound near the bottom of the red short-term downtrend line or BOX, and candles will go towards touching the top of the BOX.
Long
by EAGLE_S_S
4
EURCAD Trading Plan - 18/Apr/2024Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
3
EURCAD Trading Plan - 15/Apr/2024Hello Traders, Hope you all are doing good!! I expect EURCAD to go Up after completing this correction. I am biased for taking the recent low once again before giving a bigger correction upside. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
EURCAD,🟢Bullish scenario🟢Here is an EURCAD 15-minute chart, as you can see the price had a bullish reaction to the daily FVG, and also the price created lots of buy-side liquidity, so we expect the upward movement. Now in the 15-minute chart, there is an untouched bullish order block formed below the sell side, liquidity so we expect the price to get support from this order block. 💡Wait for the update! 🗓️15/04/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
3
You will short the EUR ... and you will be happy - WEFThe ECB is (once again) on the wrong track: It is stubbornly sticking to its hawkish view and justifying this with the fact that inflation in the euro area will remain stubbornly "sticky" and will probably not reach the target range of 2% until 2025. The ECB is wrong (once again), as inflation will hover around 3% as early as December 2023 and reach the 2% target mark in the first half of 2024 at the latest (bullseye!). The hawks of the ECB are thus adorning themselves with borrowed plumes and will soon (have to) reveal their dovish face. However, since the strong negative disinflation effects will only take full effect from September onwards and core inflation will definitely remain stable in July and August, the ECB will not abandon its planned interest rate hike in July and the European Central Bank could (unfortunately) also be expected to implement a final rate hike in September. However, these would not be necessary; on the contrary, they will weigh heavily on the already struggling eurozone economy and force the ECB to revise its GDP growth forecasts downwards soon. -> Germany is a cautionary, recessionary example here! -> All these points (stronger than expected falling inflation + ailing economy) will hurt the euro, which makes me see a promising short opportunity in the EURCAD. I have given a detailed insight into the strength of the Canadian economy in my CADCHF trade idea. Translated with www.DeepL.com (free version)
Short
by PrimeTrading
13
EURCAD→ Trade Analysis | BUY SetupHello Traders, here is the full analysis. Price reversal going up, levels for BUY . EURCAD long ! Great BUY opportunity EURCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
9
EURCAD LONG - The Trend is Your Frie..Happy Wednesday Everyone! Hope you are all well and blessed! This is a swing trade for the rest of the year - Ideally, I would only like to be buying this pair. Analysis 12M - Bullish structure & candle stick forming 6M - Still bullish. 3M - March is the last 3rd Candle to complete this candle stick. I'd like to see this push up more so we can start looking around 1.50 1M - This will form a strong bullish candle stick for March. W - Continuation - Forming a strong weekly Bullish candle D - Price is currently bouncing on a strong Daily previous resistance - now support line. Continuation after Monday retest on the Daily support line. Tuesday Forming a clear bullish candle stick suggestion continuation. Just have to be cautious of any strong wicks. No heavy news EU or CAD this week, so this should be a bless trade. Happy Trading/Investing Please feel free to share your view God Bless.
Long
by Spokentrvth
11
EUR/CAD SHORT from 1.4769The shocking CAD CPI news released an hour ago (CPI missed by .3%) has seen a sustained period of CAD SELLING and now this BULLISH EUR/CAD strength is faltering as it is across all CAD pairs and we look to be entering a period of SELLING in order to unwind overbought RSI readings. On the H1 time frame we have a potential double top at WR1 though the second candle has not yet completed and there's every possibility that EUR/CAD BULLS haven't finished with this market and may attempt to send the price higher. We do have a confirmed SELL signal on the Andean Oscillator and the current H1 candle seems certian to be a doji so there are confirming signs that this pair may be headed south. With a STOP above the recent high at 1.4774 we can get this trade on with a tight 13 pip STOP and hope that we can get a breakeven stop in the next hour if the price does indeed head south. This is a soft STOP however and it will be adjusted if we get a burst of buying that threatens the STOP but as this buying would be sending the RSI back into o.b. then I expect SELLERS to eventually push the price back south. Its by no means a done deal this trade and its always risky trading against the news with CAD being overwhelming BEARISH but buyers are certain to enter this market, its just a question of when. Hopefully its now.
Short
by forextraplaces
EURCAD → Day Analysis | BUY SetupHello Traders, here is the full analysis. Price reversal going up, levels for BUY . EURCAD long ! Great BUY opportunity EURCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
1
EUR/CAD SELLEUR/CAD rapped into main supply and showed rejections with a bearish Engulfing and close of candle below Doji. Upon seeing this I waited for retirement to my sell entry@1.47500 with sl@1.47835 (Risking 33 pips). Tp1: 1.47000 TP2: 1.4675 TP3: 1.4655 TP4:1.4630 * Where has the market moved since I entered my trade? Did 20PIPS now gone back near BE * If I looked at the market now, would I take the same trade? Yes * How do I feel about my trade? Optimistic * What do I like about this trade ? good descent entry * What do I dis-like about this trade now? Choppy and taking time to move * On a scale of 1 to 10, where would I rate this Trade now? 7/10 * If I were not in a trade now, would I take the opposite trade ? no
Short
by mrachaw
1
EURCAD I Potential long from support zone Welcome back! Let me know your thoughts in the comments! ** EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy