EUR/CAD needs to crack on above 1.3755 in order to rally – Scotiabank
- ByFXStreet-
EUR/CAD capped in mid-1.37s. A break above this region is needed to see a race higher, economists at Scotiabank report. EUR/CAD remains under technica
Symbol | Exchange | Currency |
|---|
EUR/CAD capped in mid-1.37s. A break above this region is needed to see a race higher, economists at Scotiabank report. EUR/CAD remains under technica
The loonie is having a hard time against the USD in the current market environment. Against the EUR, on the other hand, the CAD was able to gain notic
EUR/CAD losses resume. The pair could tumble as low as the 1.30 level, in the view of economists at Scotiabank. Decline risks extending significantly
AUD/USD remains the last holdout currency to achieve its target from long-term averages. AUD/USD broke through at the 5 and 10-year averages from 0.7298 and 0.7934 targets 0.6881...
Last month, GBP/USD broke below its 5 year average at 1.3100s and traveled 900 pips to 1.2200s, but the vast majority of the 700 pip move occurred last month to GBP/USD...
EUR/CAD traded in a consolidative manner on Wednesday and Thursday morning, staying within a very short-term range that’s been in place since Apr. 29, between 1.3470 and 1.3593. In...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Buy | Buy | Sell | Sell | Strong Sell |
| Technical Indicators | Strong Buy | Buy | Strong Sell | Strong Buy | Strong Sell |
| Summary | Strong Buy | Buy | Strong Sell | Neutral | Strong Sell |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Inverted Hammer | 30 | Current | |||
| Completed Patterns | |||||
| Dark Cloud Cover | 1H | 6 | May 27, 2022 10:00AM | ||
| Three Black Crows | 1D | 11 | May 12, 2022 | ||
| Doji Star Bullish | 1W | 11 | Mar 06, 2022 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Fri, May 27, 2022 | ||||||
| 01:00 | EUR | -11.60 | -11.70 | |||
| 01:00 | EUR | 13.00 | 14.00 | |||
| 02:00 | EUR | -0.60% | 17.40% | |||
| 02:00 | EUR | 2.30% | 7.90% | |||
| 03:00 | EUR | 1.50% | -1.90% | -4.10% | ||
| 04:00 | EUR | -2.29B | -0.51B | |||
| 04:00 | EUR | 56.60 | 57.90 | |||
| 04:00 | EUR | 6.00% | 6.30% | 6.30% | ||
| 04:00 | EUR | 5.20% | 4.20% | |||
| 04:00 | EUR | 4.50% | 4.50% | |||
| 05:10 | EUR | -0.088% | -0.308% | |||
| 06:00 | EUR | -4.00% | 10.90% | |||
| 06:00 | EUR | 4.90% | 13.20% | |||
| 07:35 | EUR | |||||
| 11:00 | CAD | -25.75B | 5.47B | |||
| 11:00 | CAD | -95.57B | -69.82B | |||
| 15:30 | CAD | -12.70K | -14.50K | |||
| 15:30 | EUR | 38.90K | 20.30K | |||
| Current Rate | 0.00% | |
| President | Christine Lagarde |
Bank of Canada(BOC) | ||
| Current Rate | 1.00% | |
| Central Bank Governor | Tiff Macklem |