EUR_CAD Analysis

Last: 1.57074 | Change: -0.00722 | Date: 2025-04-22

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: 54.09 (Neutral)
Volume: Rising (Normal)
Volatility: 1.0636 (Normal)
Price Action: Normal
Price Structure: Higher Highs & Lows
Momentum: -0.0066 (Strong)
ATR: 0.0167
NATR: 1.0636
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.

Market Metrics

Trend: Down (Weak)

RSI: 54.1 (Neutral)

Volume: Rising (Normal)

Volatility: 1.0636 (High)

Support & Resistance

Current Price: 1.5707

Resistance Levels

1.5933 Strong (1.44% away)

Support Levels

Trade Setups