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EUR/CAD

EURCAD
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1.619

-0.002-0.13%
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.13%

5 Days

+0.81%

1 Month

-0.28%

6 Months

+0.39%

Year to Date

+0.46%

1 Year

+1.58%

View Detailed Chart
TradingKey Chart

Key Data Points

Opening Price

1.621

Previous Closing Price

1.621
Price Range of the Day
1.6181.625
52-Week Price Range
1.5611.647

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(2)
Neutral(2)
Buy(8)
Indicators
Sell(2)
Neutral(2)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.003
Neutral
RSI(14)
59.059
Neutral
STOCH(KDJ)(9,3,3)
82.599
Overbought
ATR(14)
0.006
High Vlolatility
CCI(14)
144.808
Buy
Williams %R
23.448
Buy
TRIX(12,20)
-0.008
Sell
StochRSI(14)
52.474
Sell
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
1.617
Buy
MA10
1.611
Buy
MA20
1.610
Buy
MA50
1.614
Buy
MA100
1.608
Buy
MA200
1.610
Buy

EUR/CAD Trading Strategy

Intraday
Short Term
The upside prevails as long as 1.6200 is support, with 1.6253 and 1.6268 as targets

Trading Strategy

The upside prevails as long as 1.6200 is support, with 1.6253 and 1.6268 as targets

Alternative scenario

below 1.6200, expect 1.6176 and 1.6161.

Comment

The upside prevails as long as 1.6200 is support, with 1.6253 and 1.6268 as targets

4 hours ago
Source: Trading Central(Reference Only)

EUR/CAD News

Euro gains against Canadian Dollar following improved PMI data

EUR/CAD continues its winning streak that started on July 24, trading around 1.6240 during the European hours on Wednesday. The currency cross rises as the Euro (EUR) receives support following the release of HCOB Purchasing Managers’ Index (PMI) data from Germany and the Eurozone.

Fxstreet7 hours ago
EUR/CAD continues its winning streak that started on July 24, trading around 1.6240 during the European hours on Wednesday. The currency cross rises as the Euro (EUR) receives support following the release of HCOB Purchasing Managers’ Index (PMI) data from Germany and the Eurozone.

Euro holds ground as Eurozone growth data offsets oil-driven CAD gains

EUR/CAD remains stronger for the eighth consecutive day, trading around 1.6170 during the European hours on Tuesday. The currency cross is holding its ground as the Euro (EUR) gains support from an uptick in market risk sentiment.

FxstreetTue, Aug 4
EUR/CAD remains stronger for the eighth consecutive day, trading around 1.6170 during the European hours on Tuesday. The currency cross is holding its ground as the Euro (EUR) gains support from an uptick in market risk sentiment.

Euro strengthens against Canadian Dollar despite mixed German data

EUR/CAD edges lower after opening with a bullish gap, remaining in the positive territory and trading around 1.6180 during the European hours on Monday. The currency cross is holding its ground as the Euro (EUR) remains resilient despite mixed economic data from Germany.

FxstreetMon, Aug 3
EUR/CAD edges lower after opening with a bullish gap, remaining in the positive territory and trading around 1.6180 during the European hours on Monday. The currency cross is holding its ground as the Euro (EUR) remains resilient despite mixed economic data from Germany.

Euro steadies against Canadian Dollar ahead of Eurozone HICP inflation data

EUR/CAD remains flat after experiencing volatility, trading around 1.6070 during the early European hours on Friday. The currency cross may experience downward pressure due to potential weakness in the Euro (EUR).

FxstreetFri, Jul 17
EUR/CAD remains flat after experiencing volatility, trading around 1.6070 during the early European hours on Friday. The currency cross may experience downward pressure due to potential weakness in the Euro (EUR).

Euro snaps three-day losing streak against Canadian Dollar, BoC policy eyed

The Euro (EUR) bounces back against the Canadian Dollar (CAD) after a three-day losing streak, trading 0.13% higher to near 1.6078 during the European trading session on Wednesday.

FxstreetWed, Jul 15
The Euro (EUR) bounces back against the Canadian Dollar (CAD) after a three-day losing streak, trading 0.13% higher to near 1.6078 during the European trading session on Wednesday.

Euro recovers early losses against Canadian Dollar, BoC policy eyed

The Euro (EUR) claws back its early losses and turns slightly positive at around 1.6170 against the Canadian Dollar (CAD) during the European trading session on Monday. The cross bounces back as the Euro strengthens amid hopes that the ongoing aggression in the Middle East won’t be prolonged.

FxstreetMon, Jul 13
The Euro (EUR) claws back its early losses and turns slightly positive at around 1.6170 against the Canadian Dollar (CAD) during the European trading session on Monday. The cross bounces back as the Euro strengthens amid hopes that the ongoing aggression in the Middle East won’t be prolonged.

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.

EUR/CAD

1.619
-0.002-0.13%
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