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Add as a preferred source on Google FxWirePro: 'Bullish Butterfly' formation on EUR/CAD dailies, good to long dips Bullish Butterfly formation seen on EUR/CAD daily charts. The pair has bounced off major trendline support at 1.4264. Stochs have rolled over from oversold and RSI is biased higher. Major support levels -1.4465 (5-DMA), …
By FxWirePro Team Oct 25, 2016, 8:00 AM UTC
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Bullish Butterfly formation seen on EUR/CAD daily charts.
The pair has bounced off major trendline support at 1.4264.
Stochs have rolled over from oversold and RSI is biased higher.
Major support levels -1.4465 (5-DMA), 1.4420 (23.6% Fib), 1.4396 (Oct 21 low)
Major resistance levels - 1.4516 (38.2% Fib), 1.46 (20-DMA & 50% Fib), 1.4672 (61.8% Fib)
Recommendtion: Good to go long on dips around 1.4485, SL: 1.4420, TP: 1.46/ 1.4670
Technicals EURUSD - Levels to watch - 1.1100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8365 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
By FxWirePro Team Oct 15, 2026, 3:20 AM UTC
Technicals EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
By FxWirePro Team Oct 15, 2026, 3:17 AM UTC
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