EURCAD Incomplete Sequence Keeps Sellers In Control

by elliottwave-forecast.com | February 12, 2020 4:01 pm
In this blog, we are going to take a look at the Elliottwave chart of EURCAD.  Based on the daily chart shown below, the pair is doing a correction in wave IV right now.  The correction is...

EURCAD : Will Bears Take Control?

by elliottwave-forecast.com | January 15, 2019 12:13 pm
EURCAD Technical Analysis January 14/2019 Bearish market patterns can be seen on the EURCAD 4 hour chart. In the chart below there are possible bearish patterns that can trigger SELLS if the market makes another move higher....

EURCAD Triangle Resistance (Sep 20, 2017)

by Kate Curtis | September 20, 2017 3:45 am
EURCAD is forming a descending triangle on its 4-hour chart and could be due for a test of the top. This lines up with the 61.8% Fibonacci retracement level near the 1.4850 minor psychological mark and a...

EURCAD Double Top (Sep 05, 2017)

by Kate Curtis | September 5, 2017 2:55 am
EURCAD could be in for a selloff as the pair formed a double top classic reversal pattern and broke below the neckline at the 1.4750 minor psychological level. Price is pulling up to this broken support level,...

EURCAD Bearish Channel (Aug 25, 2017)

by Kate Curtis | August 25, 2017 3:49 am
EURCAD is trending lower and is moving inside a short-term descending channel visible on the 1-hour chart. Price just bounced off the resistance and is making its way back to support at the 1.4700 handle. The 100...

EURCAD Selling Opportunity

by elliottwave-forecast.com | August 3, 2017 10:42 am
EURCAD Technical Analysis 8.1.2017 On June 13/2017 I published an article EURCAD : Sell the Bounce Bearish Pattern where I called for the pair to make another move lower after a bounce/retracement higher. EURCAD since then bounced and continued...

EURCAD Descending Channel (July 31, 2017)

by Kate Curtis | July 31, 2017 3:43 am
EURCAD has been trending lower, moving inside a descending channel on its 4-hour chart. Price has bounced off support and has made its way towards resistance at the 1.4650 minor psychological level, which might continue to keep...

EURCAD Area of Interest (Jun 22, 2017)

by Kate Curtis | June 22, 2017 4:34 am
EURCAD recently sold off but seems to be finding support at an area of interest visible on its daily time frame. Applying the Fib tool on the latest swing high and low also shows that the 38.2%...

EURCAD Breakdown and Correction (Jun 15, 2017)

by Kate Curtis | June 15, 2017 2:36 am
EURCAD recently broke below a rising wedge formation visible on its 4-hour time frame, signaling that bearish pressure has returned. Price dipped to the 1.4800 area before showing signs of a pullback. Applying the Fibonacci retracement tool...

EURCAD : Sell the Bounce Bearish Pattern

by elliottwave-forecast.com | June 13, 2017 2:55 pm
Today’s price action confirms that a possible top has been formed at the June 2/2017 high and EURCAD can be on the way lower to close a market gap that formed on April 23/2017. The turn lower...