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Canadian Dollar/Euro

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CADEUR trade ideas

Could the price bounce from here?EUR/CAD has bounced off the pivot which is a pullback support, and could rise to the 1st resistanc,e which is a multi-swing high. Pivot: 1.58922 1st Support: 1.57671 1st Resistance: 1.61066 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
2
Bulllish bounce off?EUR/CAD is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.5897 Why we like it: There is a pullback support that lines up with the 38.2% Fibonacci retracement. Stop loss: 1.58444 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement. Take profit: 1.60623 Why we like it: There is a pullback resistance. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
1
Idea on a chart Patience. EUR CAD we have a great set up on H4 time frame fib 78.6 zone for a sell patience. The Dollar trims losses on Monday but remains far from last week's highs near 100.00. The Greenback lost 1.6% on Friday as the US Nonfarm Payroll report revealed that job creation has been much lower than previously thought. Friday's employment figures boosted hopes of immediate Fed cuts and undermined speculative demand for the USD. The US Dollar is trimming some losses on Monday, as the market assimilates Friday’s downbeat employment figures, but remains capped below 98.50, well below last week’s highs near the 100.00 psychological levels.
by EZIO-FX
EURCAD SWING: SHORT-TERM SHORT OPPORTUNITYHi there, Been a while... I was motivated resume sharing my trade ideas by a follower turned Pal (Shloydo). I say this to say - I'd be sharing my thoughts on price more often. After running equal highs on the monthly chart, price created a MSS and I'd like to see a short-term bearish movement in price. Once price trades into the highlighted key level (which aligns with the quarterly open price), I'd be looking for a setup to go short. You could add this to the pairs on your radar. Cheers, Jabari
Short
by jabariofafrica
EURCAD What Next? BUY! My dear friends, My technical analysis for EURCAD is below: The market is trading on 1.5784 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.5907 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
EUR/CAD BUYERS WILL DOMINATE THE MARKET|LONG Hello, Friends! We are going long on the EUR/CAD with the target of 1.607 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1