EUR/CAD - Euro to Canadian Dollar
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EUR/CAD FORECASTSview all
Technical Overview For USDCAD, EURCAD, GBPCAD & CADJPY: 20.07.2017
USD/CAD Irrespective of the USDCAD’s latest bounce from 1.2575, a week-long descending trend-line presently confines the pair’s recovery around 1.2635. Considering the USD weakness, chances of the 1.2600 and the 1.2575 come-back are high, breaking which 61.8% FE level of 1.2555 and the 1.2500 mark might give rise to expectations of a short-covering. Should Bears … Continue reading Technical Overview For USDCAD, EURCAD, GBPCAD & CADJPY: 20.07.2017
Technical Checks For USD/CAD, EUR/CAD, NZD/CAD & CAD/CHF: 29.06.2017
USD/CAD Having cleared a year-long upward slanting trend-line, the USDCAD is now struggling with 1.3000 – 1.2995 horizontal-support in order to stretch its south-run towards the 1.2960 and the 1.2900 rest-points. In case of the pair’s additional weakness below 1.2900, the 1.2830 and the 1.2760 might offer intermediate halts prior to flashing 1.2650-55 on the … Continue reading Technical Checks For USD/CAD, EUR/CAD, NZD/CAD & CAD/CHF: 29.06.2017
Important CAD Pairs’ Technical Overview: 31.05.2017
USD/CAD With the three-week old descending trend-line, coupled with 50-day SMA, restricting the USDCAD’s near-term advances around 1.3495 – 1.3500, the pair becomes more likely to re-test four-month long upward slanting TL, near 1.3390, if Canadian GDP matches 0.3% forecast. Given the pair drops below 1.3390 on a daily closing basis, the 1.3350 and the … Continue reading Important CAD Pairs’ Technical Overview: 31.05.2017
Important CAD Pairs’ Technical Outlook: 16.03.2017
USD/CAD Although FOMC’s disappointment and negative US crude inventory figure dragged USDCAD towards testing a fortnight low, the pair failed to offer a daily closing below 100-day SMA level and is presently witnessing bounce from the same 1.3295 support. The 1.3350 might become immediate resistance for pair traders to watch at the moment, breaking which … Continue reading Important CAD Pairs’ Technical Outlook: 16.03.2017
EUR/CAD NEWSview all
Canadian Dollar Ends Week Strongest amid BoC Hike Speculations
The Canadian dollar ended the week as the strongest major currency because the events during the week’s trading fueled speculations that the Bank of Canada will hike interest rates as soon as the next week. Markets considered the comments of BoC Governor Stephen Poloz as a sign that the central bank is ready to raise interest rates. Solid employment data supported the case for monetary tightening. All those factors reinforced the view that the BoC will hike rates on July … Continue reading Canadian Dollar Ends Week Strongest amid BoC Hike Speculations
EUR/CAD Technical Analysis
TECHNICAL SUMMARY
Moving Averages
| SIMPLE | EXP. | WEIGHTED | |
|---|---|---|---|
| MA (5) | 1.4965 | 1.4963 | 1.4963 |
| MA (10) | 1.4969 | 1.4960 | 1.4967 |
| MA (20) | 1.4943 | 1.4950 | 1.4954 |
| MA (50) | 1.4928 | 1.4933 | 1.4939 |
| MA (100) | 1.4909 | 1.4916 | 1.4923 |
| MA (200) | 1.4890 | 1.4890 | 1.4904 |
Trend Indicators
| MACD (12,26,9) | 0.0012 |
| ADX (14) | 21.3416 |
| RSI (14) | 58.3612 |
| Williams %R (14) | -22.2826 |
| Stochastic RSI (14) | 0.7224 |
| ROC (10) | 0.2043 |
| CCI (14) | 13.6035 |
| Ultimate oscillator (7,14,28) | 55.8106 |
| Stochastic Fast (14) | 77.7174 |
| ATR (14) | 0.0016 |
| BBands (20) | 0.0108 |
Pivot Points
| Name | S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| classic | 1.4945 | 1.4949 | 1.4954 | 1.4958 | 1.4963 | 1.4967 | 1.4972 |
| fibonacci | 1.4949 | 1.4953 | 1.4955 | 1.4958 | 1.4962 | 1.4964 | 1.4967 |
| camarilla | 1.4948 | 1.4949 | 1.4949 | 1.4958 | 1.4969 | 1.4969 | 1.4970 |
| woodie | 1.1210 | 0.7475 | 1.1219 | 0.7484 | 1.1228 | ||
| demark | 1.4956 | 1.4959 | 1.4965 |
| Pivot | S3 | S2 | S1 | N | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| classic | |||||||
| fibonacci | |||||||
| camarilla | |||||||
| woodie | |||||||
| demark |