#EURCAD trend continuation after a short correction---------SHORT EURCAD AFTER CORRECTION---------
CAD is performing better than EUR at the moment in the longer run so I expect more downside move to 1.43 at least after a short correction. If I see a weak correction I might take a short trade on this.
EURCAD
EURCAD: Bullish Continuation & Long Trade
EURCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURCAD
Entry - 1.4413
Stop - 1.4320
Take - 1.4596
Our Risk - 1%
Start protection of your profits from lower levels
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EURCAD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
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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 :-)
EURCAD SELLHello, according to my analysis of the eurcad pair. It is in a very negative state. The market has broken the triangle model. He also re-tested but couldn't break that area. Also, there is a strong resistance area in the same place, with two very negative candles forming on the weekly time frame. good luck for everbody
EURAUD I Daily outlook and short set upWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
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TIME TO BUY THE EURO? Is the Euro under-priced? The ECB raised rates this week. The Euro fell.
The market has priced in this week's rate hike as the last. It thinks the ECB is done.
Judging by current Euro Area inflation, there are more rate hikes to come.
What does this mean? A stronger Euro, which is not currently priced in.
Keep an eye on Euro Area inflation figures. If inflation continues to be sticky or unexpectedly rises, EUR pairs may rally. Possible explosive upside.
In my opinion, the ECB is not done with their rate hiking cycle yet. There is more to come.
EURCAD I Potential short idea explainedWelcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
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EURCAD: Pullback From Key Level 🇪🇺🇨🇦
After a strong bearish movement, EURCAD looks quite exhausted.
The pair reached a key daily support and formed a double bottom on that on an hourly time frame.
Probabilities are high that we will see a pullback today.
Goals: 1.4435 / 1.4465
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EURCAD - 4hrs ( Sell Trade Target Range 200 : 300 PIP ) Pair Name : EUR/CAD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ❗️ Short )
Type : Mid Term Swing
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Bearish Break
1.45850
Reasons
- Major Turn level
- Visible Range Lvn
- Choch Braek Out
- Pattern Break
- Week / Day low Break
Bullish Reversal
1.42500 Area
Reasons
- Major Turn level
- Visible Range Lvn
- Pattern Target
- Quarter's Area
- Fibo Golden
- Liquidity Zone
EURCAD - 4hrs ( Down + 180 PIP / Tp 3 > Full Closed )Pair Name : EUR/CAD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
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➡️ Update -
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VIP Opportunity
Take Profit 1 + 2 + 3
Account Growth = 15 %
Pip' Achieved = 180 PIP
EUR/CAD +70 Pips , 0 Drawdown , New Entry Added To Who Missed !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURCADEURCAD is trading in descending channel and printing consistent LLs LHs. Currently the price is broken the important support zone then any retest of broken level will be another sell option.
If the sell momentum continues the next target could be 1.4500 region.
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EURCAD Will Grow! Long!
Here is our detailed technical review for EURCAD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.456.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.465 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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