EUR/CAD Up 224 Pips, Breaks Above 50, 100 and 200 Day Averages; Sentiment Suggests Sellers in Charge
This imputes a buy/sell ratio of 0.09, which is quite bearish.
EURCAD
Below is CFDTrading archive of daily coverage for EURCAD.
EUR/CAD Heads Up For the 5th Day In A Row, in a Downtrend Over Past 90 Days; Social Sentiment Biased Towards Selling
The price move occurred on stronger volume, as measured by the number of tick price changes; specifically, yesterday’s volume was up 18.02% from the day prior, and up 202.6% from the same day the week before.
EUR/CAD Heads Up For the 4th Day In A Row, in a Downtrend Over Past 90 Days; Nears 20 and 50 Day Moving Averages
This imputes a buy/sell ratio of 0.26, which is bearish.
EUR/CAD Up 82 Pips, in a Downtrend Over Past 30 Days; Nears 20 Day Moving Average
Volatility for eur/cad has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
EUR/CAD Heads Up For the 2nd Day In A Row; in a Downtrend Over Past 90 Days
As for the rationale, technical traders seem to be citing the appearance of a channel technical pattern.
EUR/CAD Up 14 Pips, in a Downtrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
Volatility for eur/cad has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
EUR/CAD Moves Down For the 12th Day In A Row, in a Downtrend Over Past 90 Days; Doji Pattern Appearing on Chart
Wait for a d point below the combination trend line at the bottom of the blue channel as a support, support for more buyers2….
EUR/CAD 7 Day Down Streak Snapped; in a Downtrend Over Past 14 Days
As for the rationale, technical traders seem to be citing the appearance of a fibonacci technical pattern.
EUR/CAD Down 12 Pips, in a Downtrend Over Past 14 Days; Doji Pattern Appearing on Chart
This imputes a buy/sell ratio of 1.18, which is neutral.
EUR/CAD Down 30 Pips; in a Downtrend Over Past 14 Days
Out of the 40 instruments in the forex asset class, eur/cad ended up ranking 35th for the day in terms of day-over-day price change.