| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Sell | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The common EUR/CAD is trading in a short-term ascending channel. The new figure formed in the result of the currency exchange rate's breakout from a rectangle pattern. An impulse given the ECB President Mario Draghi speech was strong enough to break a combined resistance formed by the weekly R1 at 1.4926, the monthly S1 at 1.4933 and the 50% Fibonacci retracement level at 1.4955. However, by today this momentum has finished and the rate has fallen to the bottom boundary of the channel, which is supported by the weekly PP and the 55-period SMA at 1.4826. It is likely that a rebound will follow, after which the pair is going to try to break though the above resistance level one more time. If it fails, the freefall most probably will be constrained only by the monthly and weekly S2 at 1.4686 and 1.4653.