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Euro / Canadian Dollar

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EURCAD trade ideas

EURCAD Will Explode! BUY! My dear subscribers, My technical analysis for EURCAD is below: The price is coiling around a solid key level - 1.4798 Bias -Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.4912 My Stop Loss - 1.4731 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURCAD FORECASTTraders, this pair is looking promising. The price shows that it has failed to continue pushing to the upside after failing to break the potential highs and closing above. It has given us the indication that it is likely to drop to the downside after breaking all lows impusively, guys whenever we have a failed continuation like this, the failed structure becomes a volume for the price to move to a long distance that's why we expect more of a selling momentum to come ahead.
Short
by Richard_Mkude
1
ECAD: Long or Short?As we all know, the market will do 1 of 2 things; buy or sell. My bias is a short, however, the market will need to pullback to the previous broken zone and show rejection, only then will I enter into a short position. If the market pulls back and breaks above the previous broken zone, I will enter a long position upon the market showing and holding a strong support at that zone. This idea will be invalid if the market creates a new zone of support and rejects it to the upside or if it breaks below that newly created zone. Stay tune for the results!
Short
by jonesc0803
3