EUR/CAD – 8H – BUY

BUY 2× UPDATED
2 days ago
The plan for this signal Running · now −0.34 %
Entry
1.56258
Target
1.61385 +3.28 %
closes in profit
Stop
1.51927 −2.77 %
closes at a loss
At the latest
after 10 candles (3.3 days), at the market price · now candle 8 of 10
Target and stop are recalculated on every candle and can move.
The plan applies until the end. Warning signs along the way are notes, not an exit signal – exiting at warning signs has not paid off on average in our measurements.
So far 49 of 100 forex 8h signals ended in profit · on average ≈ 0 % per trade 291 closed signals since 6 Sep 2026 · Information, not investment advice · past results are not a reliable indicator of future results · Disclaimer
What we have measured
This is how 291 closed forex 8h signals since 6 Sep 2026 ended:
19 % at target avg +0.65 % 30 % holding time ended, in profit avg +0.42 % 33 % holding time ended, at a loss avg −0.42 % 18 % at stop avg −0.59 %

Missing the target is not the same as a loss: when the holding time ends, the trade closes at the market price – in profit or at a loss.

Real live signals, nothing selected · gross, without your broker’s fees and spreads
Why this signal

Triggered by: SMI Signal Cross Up, KDJ Cross Up, HMA Retreat Up +5 more

Trend at entry: in 1 of 8 timeframes in the signal direction

The engine evaluates many detectors on every candle – chart patterns, indicators, trend lines, support and resistance – and weights each one by how it has performed so far.

All triggers · Trend context · AI assessment

How we work
  • Every signal is tracked to the end and counted, losses included – so far 31,974 closed live signals.
  • Every figure on this page was fixed in advance and checked on data that was not used to develop it.
  • What does not hold up, we do not recommend: we tested exiting at warning signs on about 98,000 trades – on average it gains nothing, so there is no such recommendation.
  • More than 150 logged experiments, each with its result – including the ones that failed.
  • All figures are gross: without your broker’s fees, spreads and slippage.
Details for professionals
35.3 % ↓ −6.4 vs previous candle
WEAK Swing
▲ Bullish 92 % (22.92) ▼ Bearish 8 % (1.92)
model score 7.4 – ranks this signal within its class, it is not a probability; the large figure is the measured frequency (1318 closed runs, 2026-09-18)
Conviction · 8 candles
⚠ Opened against the trend in 7 of 8 timeframes. Target hit 9.2 % vs 17.8 % on average · stopped out 16.3 % vs 12.1 % (forex, 502 closed runs). Not a reason to act – a reason to watch.
EUR/CAD  ·  8H
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Signal evolution

Events for EUR/CAD

Full calendar
  • November 2, 2026EURRetail Sales m/m●●○Forecast -0.2%Previous 1.3%in 2 days
  • November 4, 2026EURUnemployment Change●●○Forecast 27.971KPrevious 23.587Kin 4 days
  • November 4, 2026EURCPI●●●Previous 104.31in 4 days

All times UTC.

Conviction, candle by candle

100 50 0 entry now · 8 × 8h 7%
conviction per candle 6× below 35% 50% — below this the other side leads

Dropped below 35% 6× and recovered. A falling line is a warning, not an instruction — signals that dip and come back are normal. Watch for a line that stays down.

Signals Fired

These are the triggers as captured when the signal opened (27 Oct 2026, 21:00 UTC, updated 2× since). They are not recalculated — the chart shows current candles.
This signal is still open and is being tracked candle by candle on this page until it closes.

Signals Fired Category Weight
▲ SMI Signal Cross Up indicator 1.87
▲ KDJ Cross Up indicator 1.59
▲ HMA Retreat Up indicator 1.15
▲ KELTNER LOWER Lower Retreat indicator 1.10
▲ TEMA Retreat Up indicator 1.08
▲ STOCH KD Cross Up indicator 0.96
▲ BOP Zero Cross Up indicator 0.79
▲ BBANDS LOWER Retreat Up indicator 0.77

Trend Context

15M
UPTrend forming
30M
DOWNTrend forming
1H
DOWNTrend forming
2H
DOWNSolid trend
4H
DOWNSolid trend
8H
DOWNSolid trend
12H
DOWNSolid trend
1D
DOWNSolid trend

Analysis

🎯 Key Takeaways
  • A powerful cluster of eight bullish indicators fired on the 8-hour chart, signaling a potential bounce from oversold conditions.
  • The broader trend is bearish across higher timeframes, so this may be a counter-trend rally rather than a full reversal.
  • Watch the nearest resistance at 1.61385; a break above could open the door for further upside, while rejection would favor the bearish trend.
  • The signal is rated 100% probability and very strong strength, but the conflicting higher timeframe trend warrants caution.
The EUR/CAD 8-hour signal has fired a cluster of eight bullish momentum and mean-reversion indicators, including BOP Zero Cross Up, STOCH KD Cross Up, BBANDS LOWER Retreat Up, TEMA Retreat Up, KDJ Cross Up, SMI Signal Cross Up, HMA Retreat Up, and KELTNER LOWER Lower Retreat. This confluence suggests that downside momentum is exhausting and that price is rebounding from deeply oversold conditions. The signal is rated with 100% probability and very strong strength, indicating a high degree of alignment among the indicators at this timeframe.

However, the broader trend context is firmly bearish across all higher timeframes, from 1-hour through daily, with solid trend scores of 3/5. Only the 15-minute chart shows a nascent bullish trend, while the 30-minute and 1-hour timeframes are still bearish. This creates a conflicting picture: the 8-hour signal points to a short-term bounce, but the prevailing trend is down. The nearest resistance at 1.61385 is a key level to watch; a break above it could signal a more meaningful reversal, while failure to hold gains would confirm the bearish trend remains intact.
Catalysts
  • ▲ Multiple momentum and mean-reversion indicators (BOP, STOCH, KDJ, SMI, TEMA, HMA, BBANDS, KELTNER) all fired in the same bullish direction, showing strong confluence.
  • ▲ The 8-hour signal is supported by a nascent bullish trend on the 15-minute chart, suggesting early buying interest.
  • ▲ Price retreating from lower Bollinger Band and Keltner Channel levels often precedes a technical rebound.
  • ▲ The signal's very strong strength rating reflects a high degree of indicator agreement.
Risk Factors
  • ▼ The dominant trend across 1-hour to daily timeframes is bearish, which could overwhelm the 8-hour bullish signal.
  • ▼ The 30-minute and 1-hour charts are still bearish, indicating a lack of confirmation on lower timeframes.
  • ▼ If price fails to break above the nearest resistance at 1.61385, the bounce could fizzle and the bearish trend resume.
  • ▼ The signal is based solely on indicators; without price action confirmation, it may be a false signal.
Symbol EUR/CAD
Timeframe 8H
Direction BUY
Conviction 7%
Strength WEAK
Date 2026-10-27 13:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 1.61385 2026-10-01
R2 1.61855 2026-08-26
R3 1.62476 2026-08-05

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