EUR/CAD

- CAD (-)

- Real time data - Forex

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Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	EURCAD
ISIN:

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

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

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

4.8

Comment on the analysis

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.

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

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:

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:

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:

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:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
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
Standard	1.4667	1.4696	1.4744	1.4773	1.4821	1.4850	1.4898
Camarilla	1.4770	1.4777	1.4784	1.4791	1.4798	1.4805	1.4812
Woodie	1.4676	1.4701	1.4753	1.4778	1.4830	1.4855	1.4907
Fibonacci	1.4696	1.4726	1.4744	1.4773	1.4803	1.4821	1.4850

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4502	1.4623	1.4698	1.4819	1.4894	1.5015	1.5090
Camarilla	1.4718	1.4736	1.4754	1.4772	1.4790	1.4808	1.4826
Woodie	1.4478	1.4612	1.4674	1.4808	1.4870	1.5004	1.5066
Fibonacci	1.4623	1.4698	1.4745	1.4819	1.4894	1.4941	1.5015

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4382	1.4553	1.4719	1.4890	1.5056	1.5227	1.5393
Camarilla	1.4793	1.4824	1.4855	1.4886	1.4917	1.4948	1.4979
Woodie	1.4381	1.4552	1.4718	1.4889	1.5055	1.5226	1.5392
Fibonacci	1.4553	1.4681	1.4761	1.4890	1.5018	1.5098	1.5227

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.

About author

Londinia AI

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