EUR/CAD - 15 min. - Technical analysis published on 02/20/2025 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 1.4828 CAD
My targets
1.4857 CAD (+0.0024)
1.4874 CAD (+0.0041)
My analysis
The basic trend is bullish on EUR/CAD and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 1.4828 CAD. Sellers would then use the next support located at 1.4811 CAD as an objective. Crossing it would then enable sellers to target 1.4782 CAD. If there is a return to above the resistance located at 1.4857 CAD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 1.4874 CAD and 1.4903 CAD by extension.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.9
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This analysis was given by Danny121975. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/CAD rating 1.4833 CAD. The price registered a decrease of -0.04% on the session and was traded between 1.4827 CAD and 1.4850 CAD over the period. The price is currently at +0.04% from its lowest and -0.11% from its highest.1.4827
1.4850
1.4833
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
A technical analysis in 15 min. of this EUR/CAD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.4744 | 1.4780 | 1.4800 | 1.4833 | 1.4833 | 1.4862 | 1.4892 |
| Change (%) | -0.60% | -0.36% | -0.22% | 0% | - | +0.20% | +0.40% |
| Change | -0.0089 | -0.0053 | -0.0033 | 0 | - | +0.0029 | +0.0059 |
| Level | Major | Minor | Major | Intermediate | - | Minor | Major |
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 | 1.4765 | 1.4782 | 1.4811 | 1.4828 | 1.4857 | 1.4874 | 1.4903 |
| Camarilla | 1.4826 | 1.4831 | 1.4835 | 1.4839 | 1.4843 | 1.4847 | 1.4852 |
| Woodie | 1.4770 | 1.4785 | 1.4816 | 1.4831 | 1.4862 | 1.4877 | 1.4908 |
| Fibonacci | 1.4782 | 1.4800 | 1.4811 | 1.4828 | 1.4846 | 1.4857 | 1.4874 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4589 | 1.4655 | 1.4768 | 1.4834 | 1.4947 | 1.5013 | 1.5126 |
| Camarilla | 1.4832 | 1.4848 | 1.4865 | 1.4881 | 1.4897 | 1.4914 | 1.4930 |
| Woodie | 1.4613 | 1.4667 | 1.4792 | 1.4846 | 1.4971 | 1.5025 | 1.5150 |
| Fibonacci | 1.4655 | 1.4723 | 1.4766 | 1.4834 | 1.4902 | 1.4945 | 1.5013 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 60.93 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 7.7712 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 1.4835 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4828 | |
| Elder Ray (13): | 0.0005 | |
| Super Trend (3,10): | 1.4822 | |
| Zig ZAG (10): | 1.4838 | |
| VORTEX (21): | 0.9835 | |
| Stochastique (14,3,5): | 76.10 | |
| TEMA (21): | 1.4835 | |
| Williams %R (14): | -35.29 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | -0.0250 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0006 | |
| Courbe Coppock: | 0.02 |
| MA7: | 1.4852 | |
| MA20: | 1.4903 | |
| MA50: | 1.4900 | |
| MA100: | 1.4906 | |
| MAexp7: | 1.4836 | |
| MAexp20: | 1.4835 | |
| MAexp50: | 1.4834 | |
| MAexp100: | 1.4832 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | -0.47% | |
| Price / MA50: | -0.45% | |
| Price / MA100: | -0.49% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | +0.01% |
Quotes :
-
Real time data
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Forex
News
The last news published on EUR/CAD at the time of the generation of this analysis was as follows:
-
EUR/CAD Analysis: Can the Euro Overcome Resistance Against the Loonie?
-
EUR/CAD Forecast August 22, 2024
-
EUR/CAD Forecast August 5, 2024
-
EUR/CAD Forecast July 11, 2024
-
EUR/CAD Forecast June 4, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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