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

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...

EUR/USD is trading around 1.1905 within the uptrend channel formed since early February. We can see that the euro is consolidating around 1.1900 and is likely to reach 6/8 Murray...