Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Sell | Buy | Buy |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Sell | Sell | Sell |
Alligator (13; 8; 5) | Sell | Buy | Buy |
SAR (0.02; 0.2) | Sell | Sell | Buy |
Aggregate | ⇓ | ⇒ | ⇗ |
The EUR/CAD has seen increases in demand for the pair on the Swiss Foreign Exchange. Due to that reason a review of the pair is being done.
First of all it can be immediately noticed that the pair's recent movements have been more dictated by the simple moving averages used by the Dukascopy analysts. Most notably the 200–period simple moving average is the one providing support to the currency exchange rate.
Most likely the SMA will push the rate higher until it reaches the strong resistance cluster near the 1.5150 mark.