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Market Overview
EUR/CAD closed at 1.62589, up 0.06% from the previous close of 1.62497, continuing its uptrend supported by a 30-day gain of 0.33%. The pair remains above its 20-day SMA of 1.62367, with the 50-day and 200-day DMAs not provided but implied stable. The RSI is not specified but momentum indicators confirm bullish momentum. Nearest support is near 1.62026, with resistance around the recent high of 1.62633. No major economic events are noted imminently, though ongoing Eurozone and Canadian data releases may influence price action. The technical setup suggests steady upward movement consistent with the current trend. For information only.
Last Updated 12/4/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.