tradingkey.logo

EUR/CAD

EURCAD
View Detailed Chart

1.614USD

+0.002+0.10%
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.10%

5 Days

-0.27%

1 Month

-0.08%

6 Months

+1.41%

Year to Date

+0.15%

1 Year

+8.93%

View Detailed Chart

Key Data Points

Opening Price

1.612

Previous Closing Price

1.612
Price Range of the Day
1.6111.616
52-Week Price Range
1.4741.647

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
Sell
Sell(6)
Neutral(4)
Buy(3)
Indicators
Sell(2)
Neutral(4)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
0.001
Neutral
RSI(14)
47.943
Neutral
STOCH(KDJ)(9,3,3)
38.592
Sell
ATR(14)
0.006
Low Volatility
CCI(14)
-9.565
Neutral
Williams %R
49.028
Neutral
TRIX(12,20)
-0.004
Sell
StochRSI(14)
31.178
Buy
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
1.615
Sell
MA10
1.616
Sell
MA20
1.613
Buy
MA50
1.618
Sell
MA100
1.621
Sell
MA200
1.602
Buy

EUR/CAD Trading Strategy

Intraday
Short Term
The MACD must penetrate its zero line to expect further downside.

Trading Strategy

The MACD must penetrate its zero line to expect further downside.

Alternative scenario

above 1.6159, look for 1.6178 and 1.6189.

Comment

target 1.6103

14 hours ago
Source: Trading Central(Reference Only)

EUR/CAD News

EUR/CAD climbs above 1.6200 as ECB holds rates

EUR/CAD extends its gains for the second successive session, trading around 1.6210 during the European hours on Monday. The currency cross advances as the Euro (EUR) gains support from signs that the European Central Bank (ECB) is nearing the end of its rate-cutting cycle.

FxstreetMon, Jan 12
EUR/CAD extends its gains for the second successive session, trading around 1.6210 during the European hours on Monday. The currency cross advances as the Euro (EUR) gains support from signs that the European Central Bank (ECB) is nearing the end of its rate-cutting cycle.

EUR/CAD Price Forecast: Consolidates around mid-1.6100s; Canadian jobs data awaited

The EUR/CAD pair oscillates in a range around mid-1.6100s through the early European session on Friday, though it seems to have stalled the previous day's modest pullback from over a three-week high.

FxstreetFri, Jan 9
The EUR/CAD pair oscillates in a range around mid-1.6100s through the early European session on Friday, though it seems to have stalled the previous day's modest pullback from over a three-week high.

EUR/CAD holds gains above 1.6150 as ECB’s cautious tone supports Euro

EUR/CAD extends its gains for the third successive session, trading around 1.6170 during the early European hours on Tuesday. The currency cross gains ground as the Euro (EUR) receives support from the cautious sentiment surrounding the European Central Bank’s (ECB) policy outlook.

FxstreetTue, Dec 23
EUR/CAD extends its gains for the third successive session, trading around 1.6170 during the early European hours on Tuesday. The currency cross gains ground as the Euro (EUR) receives support from the cautious sentiment surrounding the European Central Bank’s (ECB) policy outlook.

EUR/CAD steadies near 1.6160 as holiday trading limits volumes

EUR/CAD moves little after registering little gains in the previous session, hovering around 1.6160 during the early European hours on Monday. Volumes are expected to remain light as trading enters a holiday-shortened week ahead of Christmas.

FxstreetMon, Dec 22
EUR/CAD moves little after registering little gains in the previous session, hovering around 1.6160 during the early European hours on Monday. Volumes are expected to remain light as trading enters a holiday-shortened week ahead of Christmas.

EUR/CAD ticks up to near 1.6160 ahead of ECB speeches

The EUR/CAD pair edges higher to near 1.6160 during the early European trading session on Friday. The cross ticks up as the Euro (EUR) outperforms its major peers ahead of speeches from a slew of European Central Bank (ECB) policymakers later in the day.

FxstreetFri, Dec 19
The EUR/CAD pair edges higher to near 1.6160 during the early European trading session on Friday. The cross ticks up as the Euro (EUR) outperforms its major peers ahead of speeches from a slew of European Central Bank (ECB) policymakers later in the day.

EUR/CAD slips toward 1.6150 due to Oil supply concerns

EUR/CAD pares its recent gains from the previous session, trading around 1.6160 during the European hours on Thursday. The currency cross weakens as the commodity-linked Canadian Dollar (CAD) strengthens on Oil supply concerns driven by rising geopolitical tensions.

FxstreetThu, Dec 18
EUR/CAD pares its recent gains from the previous session, trading around 1.6160 during the European hours on Thursday. The currency cross weakens as the commodity-linked Canadian Dollar (CAD) strengthens on Oil supply concerns driven by rising geopolitical tensions.

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

1.614
+0.002+0.10%
KeyAI