| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
Since mid-September, the Eurozone single currency has edged lower by 4.22% against the Canadian Dollar. The EUR/CAD currency pair tested the 1.4400 level on October 8.
Technical indicators suggest selling signals on the 4H, daily and weekly time-frame charts. Most likely, bears could continue to pressure the exchange rate lower within this session's trading sessions.
However, the currency exchange rate might encounter support at 1.4331 in the shorter term.