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EUR/CAD

EURCAD
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1.617USD

-0.003-0.21%
View Detailed Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.21%

5 Days

+0.20%

1 Month

+3.34%

6 Months

-1.07%

Year to Date

+0.36%

1 Year

+2.78%

View Detailed Chart

Key Data Points

Opening Price

1.620

Previous Closing Price

1.621
Price Range of the Day
1.6161.621
52-Week Price Range
1.5481.647

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(3)
Neutral(3)
Buy(7)
Indicators
Sell(2)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.004
Buy
RSI(14)
62.288
Neutral
STOCH(KDJ)(9,3,3)
75.313
Neutral
ATR(14)
0.008
High Vlolatility
CCI(14)
60.222
Neutral
Williams %R
23.640
Buy
TRIX(12,20)
0.077
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
1.621
Sell
MA10
1.615
Buy
MA20
1.607
Buy
MA50
1.601
Buy
MA100
1.609
Buy
MA200
1.612
Buy

EUR/CAD Trading Strategy

Intraday
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 1.6222, look for 1.6267 and 1.6294.

Comment

the downside prevails as long as 1.6222 is resistance

4 hours ago
Source: Trading Central(Reference Only)

EUR/CAD News

EUR/CAD rises to near 1.6100 due to hawkish ECB tone

EUR/CAD gains ground as the Euro (EUR) receives support from the hawkish tone of the European Central Bank (ECB). The currency cross is trading around 1.6100 during the European hours on Tuesday.

FxstreetTue, Apr 7
EUR/CAD gains ground as the Euro (EUR) receives support from the hawkish tone of the European Central Bank (ECB). The currency cross is trading around 1.6100 during the European hours on Tuesday.

EUR/CAD holds gains near 1.6000 as oil eases, Eurozone HICP eyed

EUR/CAD has recovered its recent losses from the previous trading day, hovering around 1.5990 during the European hours on Tuesday.

FxstreetTue, Mar 31
EUR/CAD has recovered its recent losses from the previous trading day, hovering around 1.5990 during the European hours on Tuesday.

EUR/CAD falls to near 1.5850 due to higher Oil prices

EUR/CAD resuming its losing streak after a flat session, trading around 1.5850 during the European hours on Thursday.

FxstreetThu, Mar 5
EUR/CAD resuming its losing streak after a flat session, trading around 1.5850 during the European hours on Thursday.

EUR/CAD slips below 1.6150 as Oil prices rise on supply concerns

EUR/CAD depreciates after registering gains in the previous two consecutive sessions, trading around 1.6140 during the European hours on Tuesday.

FxstreetTue, Feb 24
EUR/CAD depreciates after registering gains in the previous two consecutive sessions, trading around 1.6140 during the European hours on Tuesday.

EUR/CAD Price Forecast: Keeps sideways bias above 1.6150, Canadian employment report is focus

The EUR/CAD cross gathers strength to around 1.6160 during the early European session on Friday. The Euro (EUR) edges higher against the Canadian Dollar (CAD) amid the differing approaches between the European Central Bank (ECB) and the Bank of Canada (BoC).

FxstreetFri, Feb 6
The EUR/CAD cross gathers strength to around 1.6160 during the early European session on Friday. The Euro (EUR) edges higher against the Canadian Dollar (CAD) amid the differing approaches between the European Central Bank (ECB) and the Bank of Canada (BoC).

EUR/CAD steady as ECB holds rates, Canadian Dollar pressured by weak Oil prices

EUR/CAD trades around 1.6130 on Thursday at the time of writing, virtually unchanged on the day, as markets digest the European Central Bank’s (ECB) policy decision and monitor Canada-specific factors.

FxstreetThu, Feb 5
EUR/CAD trades around 1.6130 on Thursday at the time of writing, virtually unchanged on the day, as markets digest the European Central Bank’s (ECB) policy decision and monitor Canada-specific factors.

More Details of EUR/CAD

The EURCAD currency pair, which pairs the Euro (EUR) with the Canadian Dollar (CAD), is a significant cross-currency pair in the forex market. This pair is influenced by various economic and political factors, including the economic health of the Eurozone, Canada’s energy sector, and global commodity prices. Traders often monitor EURCAD for its potential to profit from the divergent economic policies and market conditions in Europe and Canada.

Are there any specific risks associated with trading EURCAD?

As with any currency pair, trading EURCAD involves risks such as market volatility, political instability, and economic releases. Traders should implement risk management strategies to mitigate potential losses.

Can I use leverage when trading EURCAD?

Yes, leverage is commonly available for trading EURCAD, which allows traders to control larger positions with a smaller amount of capital. However, leverage also magnifies the potential for losses, so it should be used judiciously and with a clear understanding of the risks involved.

How do interest rate decisions by the European Central Bank (ECB) and the Bank of Canada (BoC) influence EURCAD?

Interest rate differentials are a primary driver of currency movements. If the ECB raises interest rates while the BoC keeps rates unchanged or cuts them, the EUR could strengthen against the CAD, leading to a higher EURCAD exchange rate.

Related Instruments

EUR/CAD

1.617
-0.003-0.21%
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