EURCAD SC 412M
6M
H&S
3M
M
H&S is still open
W
H&S
IC
D
Ascending channel
Fib compl -27 after BM
4H
Decel 2&3
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.
EURCAD BUY OPPORTUNITY The market is trending bullish and recently completed a pullback and it’s set to continue the bullish move . A buy opportunity is envisaged from the current market price. Our target profit is 1.50974
Lingrid | EURCAD Divergence At the Strong RESISTANCE zoneThe price perfectly fulfilled my last idea. It hit the target. FX:EURCAD made upward extension, moving above the psychological level at 1.5000. On the daily timeframe, the price has reached a strong resistance zone, which may trigger a price rebound as sellers start to step in. On the 1H timeframe
EURCAD Analysis And Next Market MovePair Name = EURCAD
Timeframe = H4
Analysis = technical + fundamentals
Trend = Bearish
Pattern = Rising Wedge
Details :-
EURCAD already rising wedge breakout done and retesting completed. Here we are waiting for small confirmation. After that we will see a good drop in price. We can see drop her
EURCAD: Important Breakout 🇪🇺🇨🇦
EURCAD broke and closed above a key daily horizontal resistance.
The broken structure turned into support now.
Probabilities are high that the market will continue rising at least to 1.5088.
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EURCAD BUY | Idea Trading AnalysisEURCAD is moving in an UP trend channel.
The chart broke through the dynamic Resistance line..
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from thi
EURCAD new bearish expectations
EURCAD my first thoughts, idea, is be to see bullish push, because i am noticed inverted H&S can be created, but now after some period, i am not see strong bullish push and some strong bullish structure, so here now expecting new bearish push to see for thise week
SUP zone: 1.48450
RES zone: 1.463
EURCAD 23 Dec. 2024Hello my dear friends
As we can see , EURCAD is trading at a demand zone and also broke the downtrend !
We all hear that buy at bottom and sell at the top !
ANDDD we are buying at the bottom !!!
EURCAD BUYEURCAD is falling towards a Support level which is a pullback support and go long term for a buy
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise.
Traders if you like this idea give a like,comment i will be glad
And Good Luck on
Could the price drop from here?EUR/CAD is reacting off the resistance level which is an overlap resistance and could potentially drop from this level to our take profit.
Entry: 1.49824
Why we like it:
There is an overlap resistance level.
Stop loss: 1.5166
Why we like it:
There is a pullback resistance level.
Take profit: 1.48
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of EURCAD is 1.49244 CAD — it has decreased by −0.04% 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 0.50%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURCAD showed a −0.05% fall over the past week, the month change is a 2.20% rise, and over the last year it has increased by 2.07%. 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.