EUR_CAD Analysis

Last: 1.57596 | Change: -0.00004 | Date: 2025-04-24

Phase: Momentum > Early Momentum > First Pullback Retest > Profit Taking > Profit Taking > First Pullback/Retest: Profit Taking 60.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 54.85 (Neutral)
Volume: Stable (Normal)
Volatility: 0.1737 (Normal)
Price Action: Doji
Price Structure: Sideways
Momentum: -0.0000 (Weak)
ATR: 0.0027
NATR: 0.1737
Trend Alignment: No

Phase Analysis

Current Phase: Momentum > Early Momentum > First Pullback Retest > Profit Taking

Confidence: 60.0%

Stage: Profit Taking

Detail: First Pullback/Retest: Profit Taking

Description: A minor pullback due to profit taking.

Daily Timeframe

Phase: Momentum > Early Momentum > First Pullback Retest > Profit Taking

Confidence: 60.0%

Stage: Profit Taking

Description: A minor pullback due to profit taking.

Alignment with Current Phase: Aligned (+8 pts)

Current Category: Continuation

Daily Category: Continuation

H4 Timeframe

Phase: Mean Reversion > Early Mean Reversion > Failed Momentum > Volume Failure

Confidence: 100.0%

Stage: Volume Failure

Alignment with Current Phase: Significant Conflict (-50 pts)

Current Category: Continuation

H4 Category: Reversal

Market Metrics

Trend: Down (Weak)

RSI: 54.9 (Neutral)

Volume: Stable (Normal)

Volatility: 0.1737 (High)

Support & Resistance

Current Price: 1.5760

Resistance Levels

1.5793 Strong (0.21% away)

Support Levels

1.5688 Strong (0.45% away)
1.5715 Strong (0.28% away)
1.5699 Strong (0.38% away)

Trade Setups