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EURCAD Wave Analysis – 23 September 2025 - EURCAD reversed from key support level 1.6200 - Likely to rise to resistance level 1.6365 EURCAD currency pair recently reversed up from the key support level 1.6200 (former monthly high from August) intersecting with the 20-day moving average and the 50% Fibonacci correction of the upward impulse from the start of September. The upward reversal from the support level 1.6200 continues the active impulse wave 3 which belongs to the extended upward impulse sequence (5) from May. Given the clear daily uptrend, EURCAD currency pair can be expected to rise to the next resistance level 1.6365 (target price for the completion of the active impulse wave 3).
Long
by FxPro
EURCADBias: Bullish. Structure: Market has shown a strong impulsive move upward from support, breaking through resistance. Current Price: Trading above the intended entry zone — setup is not yet triggered. Plan: Place a Buy Limit order at the identified demand/FVG zone. Wait for price to retrace into that zone before activation. Stop Loss: Positioned below the support/FVG zone to invalidate the setup if price breaks lower. Target: Next resistance or liquidity pool above (progressive TP1, TP2). Reasoning: Buying the dip, aligning with momentum and structure, capturing continuation of the bullish leg with a favorable risk-to-reward.
Long
by SurgiForex
EURCAD Breakout and Retest , All Eyes on SellingHello 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
Short
by ForexMasters2000
Idea on a chartGreat chart idea ICT set up next week.Attention now shifts to today’s inflation report. Headline CPI has slowed to 1.7% y/y, but core CPI remains at 2.6%, the upper end of the BoC’s target band. Meanwhile, trimmed mean inflation at 3.0% and median CPI at 3.1% remain uncomfortably high for doves. Counterintuitively, the Canadian dollar could weaken if trimmed mean and median CPI linger deeper into the 3% range, as that would raise stagflation concerns and revive expectations for further BoC cuts. Conversely, even a modest cooling in these measures could give the BoC breathing space to be more cautious with its dovish messaging, potentially lifting the Canadian dollar.
by EZIO-FX
EURCAD – Wave Analysis OutlookEURCAD showing strong signs of reversal: RSI divergence across all timeframes ✅ Pin bar rejection visible on multiple timeframes ✅ Can’t ask for a cleaner short setup than this. I’ll be watching closely for continuation lower with next downside targets lining up near 1.59 and below. 👉 What do you think — agree this is the best short setup we’ve seen recently? ⚠️ Disclaimer: This outlook is based on my personal wave analysis and is shared for educational purposes only. It is not financial advice.
Short
by SwingST
EURCAD A Fall Expected! SELL! My dear friends, Please, find my technical outlook for EURCAD below: The instrument tests an important psychological level 1.6289 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.6257 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. 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
Short
by AnabelSignals
1
EUR CAD Elliott Wave Analysis Hello friends We are witnessing the formation of a complete Elliott wave pattern on the EURCAD chart. These waves from 1 to 5 are quite distinct and you can even count their subwaves (especially the microwaves of the main wave 5). Now wave 5 is completing and moving inside an ascending channel. The microwaves of wave 5 have already been completed. But after the completion of wave 5, with the breakdown of the trend line drawn below and a return to it, we can expect the price to fall to the specified support. The first support is 1.57600 and the second target is 1.51000. Of course, the price decline in wave 5 is always accompanied by divergence and a decrease in the slope of the chart, as you can see, the slope of wave 5 is much less than wave 3 and the divergence occurred between the main waves 5 and 3. Good luck and be profitable.
Short
by M_Gheysvandi
Bullish continuation above key support?EUR/CAD is falling towards the pivot, which serves as a pullback support that aligns with the 50% Fibonacci retracement and could bounce back to the 1st resistance, which acts as a pullback resistance. Pivot: 1.61864 1st Support: 1.61261 1st Resistance: 1.63589 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 IC Markets
War Room Watchlist — EURCAD (Pullback into Strong Support)EURCAD is pulling back into a best-in-class support zone. My plan is to wait for structure confirmation at the level—ideally a clean engulfing trigger—and then see VMS line up at the moment of trigger: Volume: ≥70 on/into the trigger (no limp prints) Momentum: decisive hook with direction (not flat / not diverging) Structure: retest + rejection, with a clean 2R path before traffic If/Then: If price taps the zone and prints an engulfing with V≥70 + momentum hook, then I’ll consider it; else it stays a pass. No alignment, no trade. I post the full morning session daily (multi-market breakdowns) — see profile links for details. #Forex #EURCAD #VMSStrategy #AlignedExecution #WarRoomWatchlist
by darlwright
EURCAD: Potential Long Setup Market Context Price swept liquidity below the previous daily low and then broke structure to the upside, signaling a potential shift in market direction. This could be the beginning of a bullish leg if price respects demand on the pullback. Key Technicals Clear liquidity sweep (CRT) beneath recent lows Bullish BOS on the 4H timeframe Watching for price to retrace back into the imbalance (FVG) area FVG aligns closely with the 50 EMA and 0.5–0.618 Fibonacci retracement zone on the 15m chart Plan is to look for rejection or confirmation candle within this confluence area Trade Plan Wait for price to return into the FVG + 50 EMA + Fib confluence zone Enter only if a clear rejection or engulfing candle forms Direction: Longs only while price holds above 50 EMA Target: Liquidity above recent highs around 1.63600 Invalidation: If price breaks below the sweep low and closes under demand Summary Price has shifted bullish after a liquidity sweep. A pullback into demand + FVG zone could offer a high-probability long setup if confirmation appears.
Long
by J4mesWick