EUR/CAD chart on Trading View used for analysis
- EUR/CAD is trading 0.37% higher on the day at 1.5268 at the time of writing.
- The pair finds stiff resistance at 200-DMA and decisive break above to see further upside.
- Technical indicators are biased higher. RSI is above 60 with toom to run further.
- Momentum studies are billush and we see the RSI and Stochs are nicely converging with price action.
- Break above 200-DMA finds next resistace at 38.2% Fib at 1.5289, 1.5371 (Sept 6 high), 1.5454 (50% Fib).
- On the flipside, rejection at 200-DMA could see weakness till 23.6% Fib at 1.5085.
Recommendation: Good to go long on breakout at 200-DMA, SL: 1.5204, TP: 1.53/ 1.5370/ 1.5450
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
2025 Market Outlook: Key January Events to Watch
Energy Sector Outlook 2025: AI's Role and Market Dynamics
FxWirePro- Woodies Pivot(Major)
Urban studies: Doing research when every city is different
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY caught in narrow range, bias bearish
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
FxWirePro- Major European Indices
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 



