EURCAD Is Unfolding A Bullish Impulse
- ByTalkmarkets-
EURCAD is unfolding a bullish impulse, as we see it moving sharply and impulsively up from Elliott wave perspective.
Symbol | Exchange | Currency |
|---|
EURCAD is unfolding a bullish impulse, as we see it moving sharply and impulsively up from Elliott wave perspective.
Canadian Dollar weakness continues as CAD has been one of the few major currencies weaker than the USD.
Canadian Dollar weakness has been a building theme over the past month.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Buy | Neutral | Sell | Buy | Buy |
| Technical Indicators | Strong Buy | Strong Buy | Strong Sell | Buy | Strong Buy |
| Summary | Strong Buy | Buy | Strong Sell | Buy | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Three Outside Down Bearish | 1D | Current | |||
| Doji Star Bearish | 1M | Current | |||
| Hammer Bullish | 5H | Current | |||
| Completed Patterns | |||||
| Engulfing Bearish | 1D | 1 | Jan 26, 2023 | ||
| Three Outside Up | 1D | 6 | Jan 19, 2023 | ||
| Break Away Bullish | 30 | 27 | Jan 26, 2023 18:30 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Friday, 27 January 2023 | ||||||
| 07:00 | EUR | 6.90% | 6.70% | |||
| 08:00 | EUR | 4.01B | ||||
| 08:00 | EUR | -1.70% | ||||
| 08:00 | EUR | -1.10% | ||||
| 08:45 | EUR | 83.00 | 82.00 | |||
| 09:00 | EUR | 0.20% | ||||
| 09:00 | EUR | 2.20% | 4.40% | |||
| 09:00 | EUR | 0.10% | 0.10% | |||
| 10:00 | EUR | -0.80% | ||||
| 10:00 | EUR | 12.50% | ||||
| 10:00 | EUR | 47.30 | ||||
| 10:00 | EUR | 4.60% | 4.80% | |||
| 10:00 | EUR | 8.60% | 8.40% | |||
| 10:00 | EUR | 4.10% | ||||
| 11:30 | EUR | |||||
| 12:00 | EUR | -4.20% | ||||
| 12:00 | EUR | -1.40% | ||||
| 12:00 | EUR | 1.30% | ||||
| 12:00 | EUR | 10.70% | ||||
| 17:00 | CAD | -1.90B | ||||
| 17:00 | CAD | -0.17B | ||||
| 18:00 | EUR | |||||
| 21:30 | CAD | -27.30K | ||||
| 21:30 | EUR | 127.00K | ||||
| Current Rate | 2.50% | |
| President | Christine Lagarde |
Bank of Canada(BOC) | ||
| Current Rate | 4.50% | |
| Central Bank Governor | Tiff Macklem |