Forex analytics and overview

Chart Of The Day: EUR/CAD

04/22/2022

Less than a minute

2022.04.22 03:01

Chart Of The Day: EUR/CAD EUR/CAD Daily Chart.

EUR/CAD has been on my radar in recent weeks. I am viewing this pair as a potential reversal (higher) candidate in the coming days. It has been in a descending wedge, which is a reversal pattern by definition. One of the characteristics of a descending wedge is to have a divergent RSI to accompany the pattern. As you can see, since early March this has been the case. Also, based on the long-term weekly charts, we are at the 61.8% Fibonacci retracement at 1.3655. A move above the 1.3750 would be needed to trigger a reversal for me.

04/22/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 94,468.31 1.30%

Ethereum (ETH) $ 3,417.13 2.87%

Tether (USDT) $ 0.998765 0.04%

XRP (XRP) $ 2.26 2.72%

BNB (BNB) $ 692.34 4.54%

Solana (SOL) $ 191.34 3.49%

Dogecoin (DOGE) $ 0.323224 2.07%

USDC (USDC) $ 1.00 0.06%

Lido Staked Ether (STETH) $ 3,410.59 2.78%

Cardano (ADA) $ 0.91381 1.52%

TRON (TRX) $ 0.252414 1.89%

Avalanche (AVAX) $ 38.90 4.90%

Chainlink (LINK) $ 24.16 5.57%

the-open-network

Toncoin (TON) $ 5.62 2.79%

Wrapped stETH (WSTETH) $ 4,040.86 2.26%

Sui (SUI) $ 4.65 8.19%

Shiba Inu (SHIB) $ 0.000022 2.75%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 94,093.21 1.39%

hedera-hashgraph

Hedera (HBAR) $ 0.297599 11.77%

Stellar (XLM) $ 0.374079 4.26%

Polkadot (DOT) $ 7.31 4.54%

Hyperliquid (HYPE) $ 29.70 6.65%

WETH (WETH) $ 3,414.90 2.91%

Bitcoin Cash (BCH) $ 460.88 2.84%

LEO Token (LEO) $ 9.40 0.12%

Uniswap (UNI) $ 14.10 0.20%

Litecoin (LTC) $ 106.80 3.59%

Pepe (PEPE) $ 0.000018 1.59%

Wrapped eETH (WEETH) $ 3,593.48 2.43%

NEAR Protocol (NEAR) $ 5.45 6.03%

Bitget Token (BGB) $ 4.42 7.49%

Ethena USDe (USDE) $ 0.99854 0.14%

Aave (AAVE) $ 377.42 15.34%

Aptos (APT) $ 9.55 3.12%

USDS (USDS) $ 0.997519 0.37%

internet-computer

Internet Computer (ICP) $ 10.76 6.33%

crypto-com-chain

Cronos (CRO) $ 0.160845 3.23%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.506339 5.04%

Ethereum Classic (ETC) $ 27.33 3.33%

Mantle (MNT) $ 1.20 1.39%

Render (RENDER) $ 7.79 9.07%

VeChain (VET) $ 0.048325 4.24%

Bittensor (TAO) $ 492.18 7.17%

MANTRA (OM) $ 3.80 2.96%

Artificial Superintelligence Alliance (FET) $ 1.36 5.99%

WhiteBIT Coin (WBT) $ 24.44 0.03%

Monero (XMR) $ 187.71 0.34%

Dai (DAI) $ 1.00 0.01%

Arbitrum (ARB) $ 0.799973 5.05%

Filecoin (FIL) $ 5.18 5.11%