Retail & Institutional Trader Sentiment 📈 Retail Traders: Bullish: 55% 🟢 Bearish: 45% 🔴 Institutional Traders: Bullish: 60% 🟢 Bearish: 40% 🔴 Overall Mood: Moderately bullish, with cautious optimism due to recent Euro strength.
Fear & Greed Index 😨😊 Score: 58/100 (Greed) Interpretation: Market leaning towards greed, indicating confidence in Euro appreciation, but not extreme.
Fundamental Score 📋 Score: 65/100 Key Drivers: Eurozone: Stable ECB policy, moderate inflation (2.5%), strong GDP growth (0.7% QoQ). Canada: Bank of Canada rate at 4.25%, oil price fluctuations impacting CAD.
Macro Score 🌍 Score: 60/100 Key Factors: Eurozone: Resilient manufacturing PMI (46.8), positive trade balance. Canada: Commodity-driven economy, sensitive to global oil demand (Brent at $82/barrel).
Key Points 🔑 Euro strength driven by ECB’s steady rates, positive economic data 🟢 CAD pressured by volatile oil prices, BoC’s cautious rate stance 🔴 Sentiment leans bullish but tempered by global uncertainties ⚖️ Short-term range forecast: 1.6106–1.6171 CAD 📉 Monitor ECB speeches, Canadian CPI data for next moves 📡
EURCAD EURCAD Here’s a planned setup with a 1:5 RRR. The entry, stop, and target are aligned with my personal trading plan: the stop is placed where my idea would be proven wrong, and the take profit is five times the size of my risk. This post is meant to showcase my approach to building high R-multiple trades, not to encourage anyone to trade. I’ll update this after the trade finishes, showing whether it reached +5R or got stopped, as part of my transparent trade journaling. Disclaimer: Educational content only, not financial advice—trade at your own risk.