Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Buy | Buy | Neutral |
Stochastic(5;3;3) | Buy | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇒ | ⇒ | ⇘ |
The Eurozone single currency has declined by 2.75% against the Canadian Dollar since April 20. The currency pair breached the 50– and 200– period SMAs last week.
Technical indicators suggest sell signals on the 4H, daily and weekly time-frame charts. Most likely, the exchange rate could continue to edge lower during the following trading sessions.
However, a support level at 1.4721 might provide support for the EUR/CAD currency exchange rate in the shorter term.