Analysis of the EURCAD Currency Pair for 14.01.2026

Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.

14.01.2026.     

EURCAD

       The trend is bullish. The currency pair is trading within the range between the 365 EMA and 135 EMA. The truncated descending wave structure has completed with a breakout above the pivot of wave C (wave 2). The Awesome Oscillator shows bullish divergence, while the Stochastic Oscillator signals oversold conditions.

Trading Idea:

Buy on a breakout above 1.61760.

Stop Loss: 1.61600.

Target levels: 1.61933; 1.62243.