Euro Canadian Dollar (EUR/CAD) - 30/01/2008 - Archive

EUR/CAD - Euro Canadian Dollar

EUR/CAD - Euro Canadian Dollar

Short term (Intraday)

1,4732. EUR CAD is in an uptrend which support is 1,4660 and resistance is 1,4960. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The downtrend should continue to gather momentum. The price should find a support above 1,4650 (80 pips).

Resistances
1,4790 - 1,4850
Supports
1,4730 - 1,4670
updated 30 janv 2008 05:25 GMT +02:00

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