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EUR/CAD
EUR CAD
- CAD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURCAD
ISIN:

EUR/CAD - 1H - Technical analysis published on 01/15/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 1.4758 CAD
My targets
1.4841 CAD (+0.0053)
1.4891 CAD (+0.0103)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/CAD as long as the price remains well above 1.4758 CAD. The buyers' bullish objective is set at 1.4841 CAD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.4891 CAD. If there is any crossing, the next objective would be the resistance located at 1.4941 CAD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

EUR/CAD rating 1.4788 CAD. The price is lower by -0.02% since the last closing and was traded between 1.4769 CAD and 1.4819 CAD over the period. The price is currently at +0.13% from its lowest and -0.21% from its highest.

1.4769
1.4819
1.4788

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of EUR/CAD in 1H shows an overall bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.4731 1.4758 1.4785 1.4788 1.4841 1.4891 1.4941
Change (%) -0.39% -0.20% -0.02% - +0.36% +0.70% +1.03%
Change -0.0057 -0.0030 -0.0003 - +0.0053 +0.0103 +0.0153
Level Minor Intermediate Major - Intermediate Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.46671.46961.47441.47731.48211.48501.4898
Camarilla1.47701.47771.47841.47911.47981.48051.4812
Woodie1.46761.47011.47531.47781.48301.48551.4907
Fibonacci1.46961.47261.47441.47731.48031.48211.4850


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.45021.46231.46981.48191.48941.50151.5090
Camarilla1.47181.47361.47541.47721.47901.48081.4826
Woodie1.44781.46121.46741.48081.48701.50041.5066
Fibonacci1.46231.46981.47451.48191.48941.49411.5015


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.43821.45531.47191.48901.50561.52271.5393
Camarilla1.47931.48241.48551.48861.49171.49481.4979
Woodie1.43811.45521.47181.48891.50551.52261.5392
Fibonacci1.45531.46811.47611.48901.50181.50981.5227

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 63.78
MACD (12,26,9): 0.0007
Directional Movement: 12.4355
AROON (14): 42.8571
DEMA (21): 1.4791
Parabolic SAR (0,02-0,02-0,2): 1.4769
Elder Ray (13): 0.0014
Super Trend (3,10): 1.4751
Zig ZAG (10): 1.4797
VORTEX (21): 1.0450
Stochastique (14,3,5): 49.38
TEMA (21): 1.4791
Williams %R (14): -46.00
Chande Momentum Oscillator (20): 0.0010
Repulse (5,40,3): 0.0088
ROCnROLL: 1
TRIX (15,9): 0.0083
Courbe Coppock: 0.04
MA7: 1.4801
MA20: 1.4892
MA50: 1.4862
MA100: 1.4938
MAexp7: 1.4786
MAexp20: 1.4782
MAexp50: 1.4773
MAexp100: 1.4782
Price / MA7: -0.09%
Price / MA20: -0.70%
Price / MA50: -0.50%
Price / MA100: -1.00%
Price / MAexp7: +0.01%
Price / MAexp20: +0.04%
Price / MAexp50: +0.10%
Price / MAexp100: +0.04%

Quotes : - Real time data - Forex

News


The last news published on EUR/CAD at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
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