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EUR/CAD

EURCAD
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1.605USD

-0.009-0.54%
View Detailed Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.54%

5 Days

-0.15%

1 Month

+0.85%

6 Months

-0.05%

Year to Date

-0.38%

1 Year

+2.61%

View Detailed Chart

Key Data Points

Opening Price

1.614

Previous Closing Price

1.614
Price Range of the Day
1.6051.617
52-Week Price Range
1.5591.647

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
Neutral
Sell(6)
Neutral(3)
Buy(4)
Indicators
Sell(3)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
0.001
Buy
RSI(14)
50.290
Neutral
STOCH(KDJ)(9,3,3)
45.423
Sell
ATR(14)
0.006
Low Volatility
CCI(14)
51.293
Neutral
Williams %R
51.591
Neutral
TRIX(12,20)
0.019
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
1.610
Sell
MA10
1.608
Sell
MA20
1.605
Buy
MA50
1.605
Buy
MA100
1.604
Buy
MA200
1.613
Sell

EUR/CAD Trading Strategy

Intraday
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 1.6095, look for 1.6120 and 1.6135.

Comment

the downside prevails as long as 1.6095 is resistance

18 hours ago
Source: Trading Central(Reference Only)

EUR/CAD News

Euro remains stronger against Canadian Dollar as oil prices ease

EUR/CAD edges higher after posting modest losses in the previous day, trading around 1.5960 during the European hours on Wednesday. The currency cross holds ground as the commodity-linked Canadian Dollar (CAD) struggles amid lower oil prices.

FxstreetWed, May 20
EUR/CAD edges higher after posting modest losses in the previous day, trading around 1.5960 during the European hours on Wednesday. The currency cross holds ground as the commodity-linked Canadian Dollar (CAD) struggles amid lower oil prices.

Canadian Dollar gains against Euro despite softer domestic inflation data

The Euro (EUR) weakens against the Canadian Dollar (CAD) on Tuesday as rising Oil prices linked to the US-Iran conflict continue to support the commodity-linked Loonie, even as the latest Canadian inflation data came in softer than expected.

FxstreetTue, May 19
The Euro (EUR) weakens against the Canadian Dollar (CAD) on Tuesday as rising Oil prices linked to the US-Iran conflict continue to support the commodity-linked Loonie, even as the latest Canadian inflation data came in softer than expected.

Euro falls against Canadian Dollar amid higher oil prices

EUR/CAD inches lower after three days of gains, trading around 1.6090 during the Asian hours on Monday. The currency cross struggles as the commodity-linked Canadian Dollar (CAD) gains ground amid higher oil prices, given Canada’s status as the largest crude exporter to the United States (US).

FxstreetMon, May 11
EUR/CAD inches lower after three days of gains, trading around 1.6090 during the Asian hours on Monday. The currency cross struggles as the commodity-linked Canadian Dollar (CAD) gains ground amid higher oil prices, given Canada’s status as the largest crude exporter to the United States (US).

EUR/CAD holds gains near 1.6050 as Euro advances on hawkish ECB tone

EUR/CAD extends its gains for the third successive day, trading around 1.6040 during the European hours on Friday. The currency cross remains stronger as the Euro (EUR) remains firm against its major peers despite the decline in Germany’s industrial sector activity in March.

FxstreetFri, May 8
EUR/CAD extends its gains for the third successive day, trading around 1.6040 during the European hours on Friday. The currency cross remains stronger as the Euro (EUR) remains firm against its major peers despite the decline in Germany’s industrial sector activity in March.

EUR/CAD slides as steady BoC and rising Oil prices lift Loonie

EUR/CAD trades on the back foot on Wednesday as the Canadian Dollar (CAD) strengthens broadly following the Bank of Canada monetary policy announcement, while rising Oil prices add further support to the commodity-linked Loonie.

FxstreetWed, Apr 29
EUR/CAD trades on the back foot on Wednesday as the Canadian Dollar (CAD) strengthens broadly following the Bank of Canada monetary policy announcement, while rising Oil prices add further support to the commodity-linked Loonie.

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.

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

1.605
-0.009-0.54%
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