#EURCAD: 800+ PIPS Selling Setup, Wait For Further Confirmation🔺EURCAD has changed its character and is now extremely bearish. We are awaiting a price retest. Once the price has retested the area the entry will become clearer. There is a swing entry zone where entering can yield a potential gain of 800 pips.
🔺There are two target zones for take profit. The st
Canadian Dollar/Euro
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Compare with CAD to EUR
EURCAD TRADE IDEA BASED ON FUNDAMENTAL DATA1- Euro right now is fundamentally bullish than Canadian Dollar.
2- European Central Bank in their last meeting had a hawkish tone as well and Canadian Central Bank had a dovish tone in their last meeting because Canada is more focused on their economy right now.
3- Right Now we are waiting for th
EUR/CAD Analysis Can Buyers Defend This Support?EUR/CAD sold off aggressively after the latest move favored the Canadian dollar, driving price straight into a key support zone around 1.6010-1.6012.
The good news for buyers is that this area has already attracted buying interest. If support continues to hold, I expect a relief rally back toward t
EURCAD Will Buy From SupportHello 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 downtrend and short bias with strong weekly supplyEURCAD weekly supply has been in control for weeks and is now dropping an printing new weekly and daily lows. There are new opportunities being created in the smaller timeframes to go short in this Forex major pair. You can use intraday and short-term forex strategies to go short on this pair.
Heading towards 50% Fib resistance?EUR/CAD is rising to the resistance level, which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.61342
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop lo
Key resistance ahead?EUR/CAD is rising to the resistance level, which acts as an overlap resistance and could reverse from this level to our take profit.
Entry: 1.60565
Why we like it:
There is an overlap resistance level.
Stop loss: 1.6114
Why we like it:
There is an overlap resistance level.
Take profit: 1.6013
Why
Bullish bounce off in play?EUR/CAD has bounced off the pivot, which acts as a pullback support and could potentially rise towards the overlap resistance, which aligns with the 50% Fibonacci retracement.
Pivot: 1.60146
1st Support: 1.59502
1st Resistance: 1.61133
Disclaimer:
The opinions given above constitute general mark
EURCAD Range Trap: 77-Retest Ceiling in Play, Stacked Liquidity 🚨
▪️ EURCAD H2 SNAPSHOT — EXECUTIVE SUMMARY
▪️ the EuroCAD is grinding near 1.00000, testing the top of a heavy demand cluster after leaking lower. Buyers are being asked to defend.
▪️ Primary outlook is bullish — the response at — is the tell. Strong overhead liquidity
will get targets by the b
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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 CADEUR is 0.61990 EUR — it has increased by 0.08% in the past 24 hours. See more of CADEUR rate dynamics on the detailed chart.
The value of the CADEUR pair is quoted as 1 CAD per x EUR. For example, if the pair is trading at 1.50, it means it takes 1.5 EUR to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADEUR has the volatility rating of 0.48%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADEUR showed a −0.11% fall over the past week, the month change is a 0.88% rise, and over the last year it has decreased by −1.45%. Track live rate changes on the CADEUR 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.
CADEUR 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 CADEUR 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 CADEUR technical analysis. The technical rating for the pair is strong sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADEUR shows the strong sell signal, and 1 month rating is sell. See more of CADEUR technicals for a more comprehensive analysis.









