Hello traders, welcome to another trade review blog post where we discuss setups from the blue box. In this one, we will look at a recent setup on the EURCAD. We shared this setup with members of...
In this technical blog, we are going to take a look at the past performance of EURCAD 1-Hour Elliott wave Charts that we presented to our members. In which, the decline from the 1/25/2024 peak took place...
EURCAD’s recent extended downside movement puts the pair in an interesting position with possible consolidation and key resistance levels in focus. Extended Downside Move EURCAD has pushed its downside activity further from 1.4734, reaching a new low...
The EURCAD pair has been displaying interesting market trends after a recent consolidation period and a significant support level break. Sideways Consolidation and Market Shift Following a period of sideways consolidation, the EURCAD pair, oscillating in the...
In a striking move, EURCAD has broken below the 1.4625 support level, signifying that its climb from 1.4548, which culminated at 1.4726, has now wound up. Looking forward, in the days to come, we could likely see...
In the Forex spotlight today we have EURCAD, which has managed to break below the bottom of the rising price channel as seen on its 4-hour chart. This suggests that we could potentially be in for a...
EURCAD continues to navigate a rising price channel on the 4-hour chart, firmly keeping its short-term uptrend stance from 1.4548. As long as the pair remains within this channel, we can expect a continuation of the upside...
In a recent turn of events, EURCAD has broken through the upper border of the wedge pattern indicated on the 4-hour chart. Further rally is anticipated in coming days with the next target set at 1.4763. A...
EURCAD attempted to break above the upper border of the wedge pattern on its 4-hour chart but failed, pulling back from 1.4687. This suggests a potential downside move in the coming days, with the target being the...
On the 4-hour chart, the EURCAD currency pair has formed a wedge pattern. This pattern is characterized by converging trendlines, indicating a period of consolidation and potential volatility ahead. A breakdown below the lower border of the...
