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EUR/CAD

EURCAD
View Detailed Chart

1.56121CAD

-0.00129-0.08%
Time
1m
15m
30m
1h
4h
D
W
Please select

Today

-0.08%

5 Days

-0.66%

1 Month

+0.31%

6 Months

+2.95%

Year to Date

+4.98%

1 Year

+6.15%

View Detailed Chart

Key Data Points

Opening Price

1.56203

Previous Closing Price

1.5625
Price Range of the Day
1.560191.56291
52-Week Price Range
0.000001.56121

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
Neutral
Sell(4)
Neutral(2)
Buy(3)
Indicators
Sell(1)
Neutral(2)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.005
Neutral
RSI(14)
48.524
Neutral
STOCH(KDJ)(9,3,3)
10.832
Oversold
ATR(14)
0.012
Low Volatility
CCI(14)
-209.541
Oversold
Williams %R
97.279
Oversold
TRIX(12,20)
0.067
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
1.570
Sell
MA10
1.574
Sell
MA20
1.570
Sell
MA50
1.552
Buy
MA100
1.521
Buy
MA200
1.509
Buy

EUR/CAD Trading Strategy

Intraday
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 1.5648, look for 1.5678 and 1.5696.

Comment

the downside prevails as long as 1.5648 is resistance

5 hours ago
Source: Trading Central(Reference Only)

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?up
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?up
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?up
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.

EUR/CAD

1.56121

-0.00129-0.08%