EURCAD | Euro (EUR) to Canadian Dollar (CAD) Rate in the Forex market

If the euro consolidates above the 200 EMA, EUR/USD should consolidate, and we can expect a recovery in the coming days. The instrument may reach 1.1840 and even the 6/8...

If the euro consolidates below the 200 EMA and below the 21 SMA in the coming hours, we can expect a further downward movement. Hence, EUR/USD could reach the 4/8...

If the euro consolidates above 1.1801 in the coming hours. This could be seen as a positive sign, and the euro could reach the 5/8 Murray around 1.1840 and could...

On the contrary, if the euro consolidates above 1.1840 in the coming hours, it could mean a change in the trend, and we could expect EUR/USD to reach the 6/8...

In the coming hours, the euro is expected to make a technical rebound from current levels towards the 200 EMA zone located around 1.1790, or it could even reach...

EUR/USD is trading around 1.1845. During the US session, it reached the 200 EMA zone around 1.1800, and since then, we have seen a recovery in the euro. However, EUR/USD...

EUR/USD is trading around 1.1827, below the 21 SMA located around 1.1861, and retreating after being rejected off strong resistance around the 50% Fibonacci retracement level. The euro is expected...

With a consolidation above 1.1900 and a sharp break of the downtrend channel, we reckon EUR/USD could reach the 6/8 Murray located at 1.1962 and could even reach the psychological...

Given that the euro is under downward pressure, if a pullback towards the upper band of the downtrend channel occurs in the coming hours, it will be seen...

If the euro struggles to continue rising above 61.8%, it could be seen as an opportunity to open short positions, with targets at the 4/8 Murray located at 1.1782...