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 01/27/2025 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

17%

44%

39%

My opinion

Neutral between 1.5024 CAD and 1.5074 CAD

My targets

My analysis

The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 1.5024 CAD. The first resistance is located at 1.5074 CAD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by EUR/CAD.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.

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.

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Additional analysis

Quotes

The EUR/CAD rating is 1.5044 CAD. The price registered a decrease of -0.08% on the session and was between 1.5032 CAD and 1.5130 CAD. This implies that the price is at +0.08% from its lowest and at -0.57% from its highest.

1.5032

1.5130

1.5044

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by EUR/CAD:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this EUR/CAD chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.4891	1.4936	1.5024	1.5044	1.5074	1.5151	1.5909
Change (%)	-1.02%	-0.72%	-0.13%	-	+0.20%	+0.71%	+5.75%
Change	-0.0153	-0.0108	-0.0020	-	+0.0030	+0.0107	+0.0865
Level	Major	Intermediate	Intermediate	-	Major	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4877	1.4921	1.4989	1.5033	1.5101	1.5145	1.5213
Camarilla	1.5025	1.5036	1.5046	1.5056	1.5066	1.5077	1.5087
Woodie	1.4888	1.4927	1.5000	1.5039	1.5112	1.5151	1.5224
Fibonacci	1.4921	1.4964	1.4991	1.5033	1.5076	1.5103	1.5145

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4688	1.4771	1.4913	1.4996	1.5138	1.5221	1.5363
Camarilla	1.4994	1.5015	1.5035	1.5056	1.5077	1.5097	1.5118
Woodie	1.4719	1.4786	1.4944	1.5011	1.5169	1.5236	1.5394
Fibonacci	1.4771	1.4857	1.4910	1.4996	1.5082	1.5135	1.5221

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.19
MACD (12,26,9):	0.0006
Directional Movement:	3.0961
AROON (14):	-64.2857
DEMA (21):	1.5089
Parabolic SAR (0,02-0,02-0,2):	1.5118
Elder Ray (13):	-0.0013
Super Trend (3,10):	1.5120
Zig ZAG (10):	1.5052
VORTEX (21):	1.0023
Stochastique (14,3,5):	21.53
TEMA (21):	1.5082
Williams %R (14):	-87.50
Chande Momentum Oscillator (20):	-0.0047
Repulse (5,40,3):	-0.3538
ROCnROLL:	2
TRIX (15,9):	0.0126
Courbe Coppock:	0.13

MA7:	1.4965
MA20:	1.4878
MA50:	1.4868
MA100:	1.4936
MAexp7:	1.5073
MAexp20:	1.5077
MAexp50:	1.5050
MAexp100:	1.5011
Price / MA7:	+0.53%
Price / MA20:	+1.12%
Price / MA50:	+1.18%
Price / MA100:	+0.72%
Price / MAexp7:	-0.19%
Price / MAexp20:	-0.22%
Price / MAexp50:	-0.04%
Price / MAexp100:	+0.22%

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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