» EUR CAD

1,4985. EUR CAD is in a consolidation after the last bullish movement. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR CAD. The uptrend should continue on 1,5100 (115 pips) resistance.

1,4864. There is an horizontal range between 1,4745 and 1,4870. Support and resistance are given by Bollinger bands. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. If the resistance is broken then the target will be 1,5050.

1,4828. EUR CAD is in a range between 1,4650 and 1,4860. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..

1,4799. EUR CAD is in a range between 1,4640 and 1,4860. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..

1,4810. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 1,4650 / 1,4900 range. We won’t take a position. The risk/reward ratio is too high to take a position..

1,4838. EUR CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The uptrend should continue to gather momentum. The price should find a resistance below 1,4860. We won’t take a position. The risk/reward ratio is too high to take a position..

1,4742. EUR CAD is in a consolidation after the last bearish movement. EUR CAD is in a range between 1,4650 and 1,4800. The volatility is high. Oscillators are neutral. The price should continue to move in 1,4650 / 1,4800 range. If the support is broken then the target will be 1,4450.

1,4705. EUR CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 1,4600 (100 pips).

1,4698. EUR CAD is in an downtrend directed by 15min exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The downtrend should continue to gather momentum. The price should find a support above 1,4600.

EUR CAD is in a consolidation after the last bearish movement. EUR CAD broke the uptrend to begin a bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR CAD. The downtrend should continue on 1,4700 support.