EUR/CAD – 1H – SELL

2026-08-10 09:00 UTC · 13 hours ago

SELL

77%

▼ SELL

STRONG

Intraday

Prognose: 28% historisch

⚡ Confluence +60%

▲ Bullish 23% (20.17) ▼ Bearish 77% (67.99)

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Signal evolution

Events for EUR/CAD

Full calendar

08:00TomorrowEURBalance of Trade (Jun)●●○Forecast €3.2BPrevious €4.793Bin 11h
06:00August 12, 2026EURInflation Rate MoM (Jul)●●●Forecast 0.8%Previous -0.3%in 1 day
06:00August 12, 2026EURInflation Rate YoY (Jul)●●●Forecast 2.8%Previous 2.3%in 1 day

All times UTC.

Signals Fired

	Signals Fired	Category	Weight
▲	Triple Bottom	chart_pattern	3.73
▲	Double Bottom	chart_pattern	3.69
▲	Trendline Break Up	trendline	3.10
▼	Double Bottom Retreat Down	chart_pattern	2.46
▲	WILLR OB Exit	indicator	2.41
▼	Triple Bottom Retreat Down	chart_pattern	2.27
▲	CCI OB Exit	indicator	2.27
▼	SMA 200 Retreat Down	indicator	2.24
▼	Fibonacci Retreat DownTrend (24%)	fibonacci	2.12
▼	Resistance Level Retreat Down	sr	2.07
▼	Trendline Retreat Down	trendline	2.06
▼	EMA 200 Retreat Down	indicator	1.90
▼	KAMA Retreat Down	indicator	1.79
▼	MA Retreat Down	indicator	1.69
▼	STOCH KD Cross Down	indicator	1.64
▼	BOP Zero Cross Down	indicator	1.63
▼	Bearish Engulfing	candlestick	1.30

Trend Context

15M

UPChoppy / sideways

30M

UPChoppy / sideways

DOWNSolid trend

DOWNTrend forming

DOWNChoppy / sideways

12H

DOWNChoppy / sideways

UPTrend forming

Analysis

🎯 Key Takeaways

Multiple bearish signals on 1H align with the lower timeframe trends, suggesting downside momentum.
The retreat-down patterns indicate that recent bounces have failed, reinforcing the sell signal.
Watch the nearest support at 1.60958; a break below it could accelerate the decline.
Resistance at 1.61759 is the key level to monitor for invalidation.

The 1H EUR/CAD chart has fired a dense cluster of bearish signals, including a Trendline Break Up followed by a Trendline Retreat Down, Double Bottom and Triple Bottom with their respective retreat-down confirmations, a BOP Zero Cross Down, and an overbought CCI exit. Together, these point to a failed upside breakout and a return to the dominant downtrend. The retreat-down patterns suggest that the recent advances were corrective bounces that have now been rejected, reinforcing the bearish bias.

Across timeframes, the 1H trend is solidly bearish (3/5) and aligns with the 2H and 4H bearish trends that are forming (2/5 each). The 15M and 30M are bullish but choppy (1/5), indicating that any short-term upside is weak and likely to fade. The daily trend is bullish but only forming (2/5), so it does not yet contradict the lower-timeframe bearish momentum. Key levels to watch: resistance at 1.61759 and support at 1.60958. A break below support would confirm the bearish continuation, while a reclaim of resistance would invalidate the setup.

Catalysts

▼ Trend alignment across 1H, 2H, and 4H timeframes supports the bearish direction.
▼ Confluence of chart patterns (Double Bottom and Triple Bottom retreat-down) and trendline signals.
▼ BOP Zero Cross Down and CCI overbought exit confirm weakening bullish momentum.
▼ High signal density (15 signals) increases the confidence in the bearish move.

Risk Factors

▲ The 15M and 30M timeframes are bullish, which could provide near-term support and cause a bounce.
▲ The daily trend is bullish (forming), so a larger timeframe reversal could override the bearish signal.
▲ If price breaks above resistance at 1.61759, the bearish setup is invalidated.
▲ Momentum may fade if the price fails to break below support, leading to a consolidation phase.