Markets

EUR/CAD - Euro to Canadian Dollar

1.4056
(GMT)
0.0104
(0.75%)*Daily Change

TECHNICAL SUMMARY

BUYMoving Averages
NEUTRALTrend Indicators
NEUTRALNumeric Indicators
NEUTRALVolatility Indicators

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LATEST FORECASTS

Anil Panchal

Important CAD Pair’s Technical Overview: 01.02.2017

USD/CAD Following its another reversal from 1.3570 – 1.3600 horizontal-region, comprising 50% Fibonacci Retracement of January – May 2016 downside, the USDCAD maintained its downturn and is presently around 1.3010 – 1.3000 support-zone. Considering oversold RSI and pair’s repeated failures to dip below 1.3000, chances of it’s bounce to 1.3150, 1.3190 and then to 1.3260 … Continue reading Important CAD Pair’s Technical Overview: 01.02.2017

Tomasz Wiśniewski

Decent Long-Term Sell Signal on an Exotic Forex Instrument

That instrument that we are talking about is EURCAD and we can spot here a beautiful trend reversal pattern – head and shoulders, which is already active. As we can see, since the second half of the 2015, the price created a H&S pattern (green areas), which ended in the November with a bearish breakout. … Continue reading Decent Long-Term Sell Signal on an Exotic Forex Instrument

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