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EURCAD Sellers In Panic! BUY!
My dear followers,
I analysed this chart on EURCAD and concluded the following:
The market is trading on 1.6164 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.6180
Safe Stop Loss - 1.6154
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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 | Liquidity Draw Toward HTF Order BlockPrice remains inside a higher-time-frame bullish structure and is now retracing into the 1.60–1.61 breaker block / BC correction zone — a logical refuel area before continuation.
Above, there’s an unmitigated HTF order block at 1.68–1.70 , likely the next draw on liquidity.
That zone should be mitigated before any true macro bearish shift.
Plan
Bias: short-term bullish continuation into 1.68–1.70
Entry: confirmation from the breaker around 1.60–1.61
Stop: below 1.576 (macro invalidation)
Target: 1.68–1.70 (HTF mitigation zone)
– After mitigation, watching for bearish structure to form
The correction still has business above — the HTF OB remains unmitigated.
Let’s see if EURCAD completes the move.
EURCAD - Buy the Bounce at Confluence!📈EURCAD remains in a steady rising channel on the daily. Price has pulled back into a strong support zone that perfectly aligns with the channel’s lower bound and the base of the recent micro wedge.
🏹As long as this confluence holds, I’ll be looking for trend-following longs from here, aiming first for the recent highs, then the channel top.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
EUR/CAD – 4H ChartPrice is moving into a strong support zone between 1.6198 – 1.6178.
From here, we’ll be watching closely for signals:
🔹 A potential bounce off this area, or
🔹 A push through support followed by a retest of the new resistance.
This is the zone we’re tracking for the next setup — patience until VMS signals confirm.
EURCAD Will Explode! BUY!
My dear subscribers,
This is my opinion on the EURCAD next move:
The instrument tests an important psychological level 1.6228
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.6286
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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 BUY SET UP EURCAD is back at a key 4H demand zone near 1.6200, a level that’s been defended several times by buyers.
The question now: is this another liquidity grab before a bounce… or the start of a deeper breakdown?
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📉 Technical Overview
• Price has tapped into the same support block that previously triggered a strong push to 1.6460.
• Multiple equal lows (liquidity) formed below 1.6200 — this could be a sweep setup before another move up.
• A 4H close above 1.6230 would confirm short-term bullish structure and signal potential continuation toward 1.6400 – 1.6460.
• Invalidation: If price closes below 1.6160, expect sellers to target 1.6100 next.
📊 Setup Summary:
• Bias: Bullish from support
• Zone: 1.6180 – 1.6210
• Target 1: 1.6400
• Target 2: 1.6460
• Stop Loss: Below 1.6150
#EURCAD #Forex #PriceAction #SmartMoneyConcepts #Liquidity #SupportZone #SwingTrading #4HAnalysis #TradingViewIdeas
EURCAD Faces Pressure Ahead of BoC Rate Decision — Potential forEURCAD Faces Pressure Ahead of BoC Rate Decision — Potential for a False Breakout
Yesterday, most EUR pairs experienced a sharp sell-off with no clear fundamental catalyst.
EURCAD fell nearly 130 pips ahead of today’s Bank of Canada (BoC) interest rate decision.
The BoC is expected to cut rates by 25 basis points, from 2.50% to 2.25%, which could inject volatility into the pair. The key focus will be on the press conference and the tone of Governor Macklem’s comments, as they will likely shape market expectations for future policy.
Technically, EURCAD broke below 1.6212, confirming a bearish movement. However, it may be too early to confirm a sustained downtrend, as the current move could still develop into a false breakout, potentially leading to a rebound in the coming sessions.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
EUR/CAD slips below trend support as BoC decision and oil resiliEUR/CAD weakens toward 1.6200 after failing to sustain gains above 1.6325, as the euro struggles for momentum ahead of the ECB meeting while markets brace for the Bank of Canada’s policy announcement.
The technical setup has turned bearish following a clean break below the multi-week ascending trendline, with momentum and volume confirming downside continuation. Immediate targets lie at 1.6180 and 1.6150, with a potential extension toward 1.6100 if the BoC maintains a hawkish tone.
Fundamentally, the BoC decision later today is the key catalyst. A cautious-hawkish hold combined with resilient oil prices could strengthen the CAD further, whereas a dovish surprise signaling earlier rate cuts would trigger a short squeeze back toward 1.6325–1.6380.
The euro remains under pressure from soft consumer sentiment and a lack of fresh catalysts, leaving EUR/CAD directionally biased to the downside in the near term, barring an unexpected shift in BoC guidance or a hawkish ECB signal later in the week.
Read the full article here:
erranteacademy.com
EURCAD: Swing HIGHLet’s discuss what the kids have been up to.
The AUD, CHF, and JPY were quiet last week.
Canada had slight growth with their consumer price. This growth has little to no major impact on their inflation and creates the possibility for them to trim their central bank rate.
However EURO didn’t have much to say. The European Central Bank President spoke but didn’t give insight on the ECB’s intentions for their central bank meeting this week. The manufacturing and services purchasing managers index wasn’t insightful either with slight and stationary growth.
GBP yearly consumer price remained the same while their flash manufacturing and services didn’t grow past 50 signaling the UK may still be in contraction and NZD quarterly CPI grew to 1% indicating that it more then likely will increase the economies inflation. It’s still unclear how these numbers will affect these currencies and their central bank decisions.
Lastly is our favorite Economy…The United States Dollar
The USD was unsurprisingly chatty sharing their consumer price index which was reported lower than expectations and purchasing managers index that grew slightly.
These numbers may just encourage the FOMC to lower the interest rate at the meeting this week since prices are going down while businesses activity may just be picking up.
With the amount of uncertainty surrounding this economy it’s hard to say what will happen.
The market appears to still be in Fear so I guess we will just have to wait and see what happens 🤷🏽♀️.






















