Euro / Canadian Dollar
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EUR/CAD: Testing Support with Potential for Bullish CorrectionEUR/CAD is currently testing the 1.6210 support zone following a sharp rejection from the 1.6400 resistance ceiling. Price action is completing an A-B-C corrective structure near the upward support line, suggesting a possible rebound.
As long as 1.6200 holds, a short-term recovery toward the 1.6280–1.6340 area remains likely. The broader structure points to a bullish correction developing within the context of a larger descending trend.
EURCAD REVERSAL BREAK BELLOWPattern Analysis:
The chart clearly forms a Rounded Top (Reversal Pattern) — a typical sign of a transition from bullish to bearish momentum.
The previous uptrend channel (green ascending box) was broken to the downside, confirming a loss of bullish strength.
Price has retested the broken channel and is now rejecting downward, indicating confirmation of a bearish continuation.
⚙️ Key Levels:
Current Price: 1.6203
Immediate Resistance: 1.6250 – 1.6280 (recent retest zone)
Target 1: 1.6110 – 1.6120
Final Target: 1.6050 – 1.6010 (major support zone and lower boundary of previous structure)
Trading Plan Suggestion (for informational purposes only):
> Bias: Bearish
Sell Zone: Around 1.6230 – 1.6260 (if price retests resistance)
Targets:
🎯 1st Target: 1.6110
🎯 Final Target: 1.6050
Stop Loss: Above 1.6300 (to protect from false breakouts)
EURCAD weekly CLS range manipulation shortEURCAD showed the weekly CLS candle range manipulation and likely to go down from key level.
Bullish reversal?EUR/CAD is reacting off the pivot, which has been identified as an overlap support that aligns with the 50% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 1.62154
1st Support: 1.61276
1st Resistance: 1.63021
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Lingrid | EURCAD False Breakdown Reversal Long SetupThe price perfectly fulfilled my previous idea . FX:EURCAD is testing the 1.6210 support after a sharp rejection from the 1.6400 resistance ceiling. Price action shows an A-B-C corrective structure completing near the upward support line, hinting at potential rebound strength. As long as 1.6200 holds, short-term recovery toward 1.6280–1.6340 remains on the table. The broader setup implies a potential bullish correction inside the larger descending structure.
⚠️ Risks:
A clear break below 1.6200 could extend losses toward 1.6100 support.
Weak euro fundamentals or stronger CAD sentiment could pressure upside recovery.
Volatility around oil prices or ECB commentary may cause intraday trend distortions.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
EURCAD is attempting to reverse the trend. Retest of support. The ascending wedge is a bearish pattern. The currency pair is not ready to continue its growth, facing pressure from resistance. The bullish trend may enter a correction phase.
The currency pair breaks the wedge support, forming a local minimum of 1.6262, which is a support zone, the breakout of which will provoke a further decline. The reaction is weak, and the price returns to support for a retest, which only increases the chances of a further decline.
A close below 1.6262 will confirm the trend reversal
eurcad getting ready for 250 pips bearish wave got rejected from long ascending channel range, formed rising wedge in lower time frame, expecting 250 bearish rally once wedge broke towards downside, keep in mind breakout is crucial, don,t enter without breakout
Eurcad sellKeep falling
H1 our last selling idea hited target
Daily support trend breaks
Monthly overbought
Bearish correction continues
EURCAD is in The Bullish TrendHello 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 Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURCAD: How to Trade Liquidity Grab 🇪🇺🇨🇦
EURCAD is testing a significant rising trend line on a daily.
We see a trap and a false violation of that on an hourly time frame.
To confirm that was a liquidity grab, I will look for a CHoCH and
an hourly candle close above 1.6288.
It will provide a strong bullish signal.
An up movement will be expected at least to 1.63175 then.
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EURCAD Will Go Up! Buy!
Please, check our technical outlook for EURCAD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.628.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.638 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
EURCAD: Will Keep Growing! Here is Why:
The price of EURCAD will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURCAD Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for EURCAD below:
The price is coiling around a solid key level - 1.6329
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.6360
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURCAD H1here is the EURCAD 1H chart,
its an idea. i hope 70% it will going bearish today,
lets see what happen.
thanks
EURCAD bearish wedge shortEURCAD has formed a bearish wedge and squeezing price in a narrow path soon price may go down . More detailed analysis in another graph down.
Uptrend in eurcadThis path was followed exactly during the previous analysis and we saw that the upward path continued. I personally would not enter this trade because it is true that the upward path has been followed and will continue to be upward, but it is not logical to enter here. We should wait for a correction or strong bullish news for this currency pair to fundamentally enter the trade.
EUR/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Bearish trend on EUR/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.620.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Missed a trading opportunity on EURCADHad a busy day and missed this trade entry. A setup that checks out on all my criteria. Previously I will have been bothered all day. But now I see it as one of those things that happen as part of life. Though this does not happen to me very often because I filter the trades I take and always follow the same rules.
Can you relate? And how often has this happened to you?
EURCAD: wedge at the top with bearish divergenceThe EUR/CAD pair has been trading within an ascending channel, but the 4H chart shows a rising wedge pattern, typically a reversal setup. Attempts to sustain above 1.64 have failed so far, while the CCI indicator shows a series of bearish divergences, highlighting weakening bullish momentum.
Technically, the likelihood of a decline after the wedge breakout is high. Initial targets lie at 1.6260, followed by 1.6080, and deeper at 1.5780. A retest of the broken level (re-entry) is possible before the downward move accelerates.
From a fundamental perspective, the euro remains pressured by weak macro data and a cautious ECB, while the Canadian dollar is supported by stable oil prices and a firm Bank of Canada stance. This divergence in fundamentals strengthens the bearish case.
It’s a classic situation where the market tempts traders into expecting a reversal, but confirmation is still required. As always, emotions aside — we wait for clear signals before acting.
Strong selling eurcadMonthly, weekly, daily overbought market
Strong bearish correction expected now
Selling confirmation by breaking the m30 inner support trend
