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EURCAD Technical Analysis

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Lolek555

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EURCAD

this pair closed today little below major support at 1.5324. From monthly weekly the pair tries to form a reversal patern but looking at h4 and d1 the downside could end here. If the price will hold above 1,5324 then 1.58 is target . 
#76 - August 11, 2020, 10:21:15 PM
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Torroco

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The eurcad pair is good for bullish trading because it is graphically very supportive for maximum buy and our job is to just follow the trend, we will buy at the price of 1.5650
#77 - August 18, 2020, 01:15:34 PM
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Torroco

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Explanation of the daily timeframe: the eurcad daily candle is bearish but it looks like today will be bullish  The explanation of the H4 timeframe: 1.558x and 1.552xx is the range of resistance support if it breaks above we will buy Explanation of the M15 timeframe: the direction of the trendline is still down so don't open buy first
#78 - August 24, 2020, 01:02:08 PM
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Torroco

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Explanation of the daily timeframe: the eurcad pair seen from yesterday's candle was bullish up in shape  Explanation of the H4 timeframe: price ranges that we can reference are at 1.56xx and 1.55x  M15 timeframe explanation: trendline m15 shows nice and neat rising waves waiting for pullback and buy
#79 - August 25, 2020, 06:04:52 PM
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Torroco

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Eurcad Explanation of the daily timeframe: this candle pair formed a bearish candle but not moderate but still follow sell  Explanation of the H4 timeframe: our mother candles are at 1.55xx and 1.54xx  Explanation of the M15 timeframe: m15 trendline is down but wait for a break low for sure
#80 - August 27, 2020, 08:09:50 PM
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Torroco

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Eurcad Explanation of the daily timeframe: yesterday's daily candlestick showed a bearish pinbar shape so follow strong sells Explanation of the H4 timeframe: the price range for today is 1.55xx and 1.54xx as SR we are waiting for one of the break bodies Explanation of the M15 timeframe: the current trendline image is still down, wait to return to the trendline area
#81 - September 02, 2020, 02:51:04 PM
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Torroco

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Eurcad Explanation of the daily timeframe: yesterday's daily candlestick looks bearish and our focus today is just selling Explanation of the H4 timeframe: our mother candle area h4 today is 1.55xx and 1.54xx Explanation of the M15 timeframe: there is a trendline looking downward so focus on selling after the pullback
#82 - September 07, 2020, 11:36:42 AM
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Torroco

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Eurcad Explanation of the daily timeframe: the daily candle for this pair yesterday was formed a small bearish so focus on selling for today Explanation of the H4 timeframe: today's price ranges are at 1.558xx and 1.556xx and don't open sell before breaking the high candlestick body Explanation of the M15 timeframe: you can see that there is no high yet broken at m15 the trendline has not yet broken, we will continue to focus on selling
#83 - October 05, 2020, 05:25:10 AM
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Torroco

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Eurcad  Explanation of the daily timeframe: yesterday's candlestick daily pair was half bullish so today we just follow buy  Explanation of the H4 timeframe: the mother candle price for today is 1.564 and 1.561 and don't open buy before it's valid  Explanation of the M15 timeframe: graphically it is clear that the price is still rising so don't open sell until there is a signal
#84 - October 06, 2020, 08:46:16 AM
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Torroco

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Eurcad Explanation of the daily timeframe: yesterday's daily candle was strong bullish and we as traders also had to buy Explanation of the H4 timeframe: for the mother candle H4 it is at 1.554 and 1553, wait for one of the breaks Explanation of the M15 timeframe: the price is still uptrend seen on the trendline so just focus on buying when correcting
#85 - November 29, 2020, 09:33:09 PM
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Torroco

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Eurcad Explanation of the daily timeframe: strong bullish candle is a form of yesterday's daily candlestick and we will follow buy Explanation of timeframes H4: 1.56 and 1.55 are the price ranges for today's h4 as reference for support and resistance Explanation of the M15 timeframe: the m15 chart is still rising which indicates the price is still continuing upwards
#86 - December 02, 2020, 12:01:45 AM
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Keylevel

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EUR CAD is under bullish pressure, but on H1 there is potential for a sell correction signal to appear


#87 - August 14, 2021, 11:02:04 PM
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