EUR/CAD - 1H - Technical analysis published on 02/08/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 1.4849 CAD
My targets
1.4744 CAD (-0.0017)
1.4625 CAD (-0.0136)
My analysis
The bearish trend is currently very strong for EUR/CAD. As long as the price remains below the resistance at 1.4849 CAD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.4744 CAD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.4625 CAD as an objective. Crossing it would then enable sellers to target 1.4564 CAD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
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This analysis was given by anabela87. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/CAD price is 1.4761 CAD. The price registered a decrease of -0.66% on the session and was traded between 1.4742 CAD and 1.4885 CAD over the period. The price is currently at +0.13% from its lowest and -0.83% from its highest.1.4742
1.4885
1.4761
Here is a more detailed summary of the historical variations registered by EUR/CAD:
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 a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
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
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.4564 | 1.4625 | 1.4744 | 1.4761 | 1.4849 | 1.4891 | 1.4982 |
| Change (%) | -1.33% | -0.92% | -0.12% | - | +0.60% | +0.88% | +1.50% |
| Change | -0.0197 | -0.0136 | -0.0017 | - | +0.0088 | +0.0130 | +0.0221 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | 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 | 1.4564 | 1.4653 | 1.4707 | 1.4796 | 1.4850 | 1.4939 | 1.4993 |
| Camarilla | 1.4722 | 1.4735 | 1.4748 | 1.4761 | 1.4774 | 1.4787 | 1.4800 |
| Woodie | 1.4547 | 1.4644 | 1.4690 | 1.4787 | 1.4833 | 1.4930 | 1.4976 |
| Fibonacci | 1.4653 | 1.4708 | 1.4741 | 1.4796 | 1.4851 | 1.4884 | 1.4939 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4245 | 1.4494 | 1.4627 | 1.4876 | 1.5009 | 1.5258 | 1.5391 |
| Camarilla | 1.4656 | 1.4691 | 1.4726 | 1.4761 | 1.4796 | 1.4831 | 1.4866 |
| Woodie | 1.4188 | 1.4465 | 1.4570 | 1.4847 | 1.4952 | 1.5229 | 1.5334 |
| Fibonacci | 1.4494 | 1.4640 | 1.4730 | 1.4876 | 1.5022 | 1.5112 | 1.5258 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4290 | 1.4487 | 1.4779 | 1.4976 | 1.5268 | 1.5465 | 1.5757 |
| Camarilla | 1.4936 | 1.4980 | 1.5025 | 1.5070 | 1.5115 | 1.5160 | 1.5205 |
| Woodie | 1.4337 | 1.4511 | 1.4826 | 1.5000 | 1.5315 | 1.5489 | 1.5804 |
| Fibonacci | 1.4487 | 1.4674 | 1.4790 | 1.4976 | 1.5163 | 1.5279 | 1.5465 |
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): | 30.66 | |
| MACD (12,26,9): | -0.0030 | |
| Directional Movement: | -23.9395 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 1.4779 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4838 | |
| Elder Ray (13): | -0.0043 | |
| Super Trend (3,10): | 1.4829 | |
| Zig ZAG (10): | 1.4761 | |
| VORTEX (21): | 0.7548 | |
| Stochastique (14,3,5): | 9.36 | |
| TEMA (21): | 1.4759 | |
| Williams %R (14): | -86.71 | |
| Chande Momentum Oscillator (20): | -0.0111 | |
| Repulse (5,40,3): | -0.0519 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0180 | |
| Courbe Coppock: | 1.24 |
| MA7: | 1.4916 | |
| MA20: | 1.4914 | |
| MA50: | 1.4902 | |
| MA100: | 1.4926 | |
| MAexp7: | 1.4774 | |
| MAexp20: | 1.4813 | |
| MAexp50: | 1.4847 | |
| MAexp100: | 1.4884 | |
| Price / MA7: | -1.04% | |
| Price / MA20: | -1.03% | |
| Price / MA50: | -0.95% | |
| Price / MA100: | -1.11% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.35% | |
| Price / MAexp50: | -0.58% | |
| Price / MAexp100: | -0.83% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on EUR/CAD. At the time of publication of this analysis, the latest news was as follows:
-
EUR/CAD Forecast August 22, 2024
-
EUR/CAD Forecast August 5, 2024
-
EUR/CAD Forecast July 11, 2024
-
EUR/CAD Forecast June 4, 2024
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Forex Analysis: EUR/USD, GBP/USD, EUR/CAD - Amana Capital
This member declared not having a position on this financial instrument or a related financial instrument.
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