| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇒ |
The EUR/CAD currency pair has been trading between the range of 1.4450/1.4300 levels since October 13.
Technical indicators suggest buying signals on the 4H time-frame charts. Most likely, the Eurozone single currency could strengthen against the Canadian Dollar during the following trading sessions. The potential target for buyers could be near the 1.4600 level.
However, the currency exchange rate may encounter resistance at 1.4439 within this week's trading sessions.