Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.002
Buy
RSI(14)
63.181
Neutral
STOCH(KDJ)(9,3,3)
61.088
Sell
ATR(14)
0.010
High Vlolatility
CCI(14)
54.751
Neutral
Williams %R
19.533
Overbought
TRIX(12,20)
0.105
Sell
StochRSI(14)
24.141
Buy
EUR/CAD
EURCADView Detailed Chart
1.60231CAD
+0.00179+0.11%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
+0.11%
5 Days
+0.46%
1 Month
+2.37%
6 Months
+7.70%
Year to Date
+7.74%
1 Year
+8.74%
View Detailed Chart
Key Data Points
Opening Price
1.60174Previous Closing Price
1.60052Indicators
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.
Buy
Moving Average
Indicators
Value
Direction
MA5
1.602
Buy
MA10
1.601
Buy
MA20
1.587
Buy
MA50
1.572
Buy
MA100
1.560
Buy
MA200
1.525
Buy
EUR/CAD Trading Strategy
Intraday
Short Term
Trading Strategy
The price could retrace.
Alternative scenario
below 1.5983, expect 1.5936 and 1.5908.
Comment
as long as 1.5983 is support look for 1.6111
Fri, Jul 4
Source: Trading Central(Reference Only)
EUR/CAD News
EUR/CAD moves below 1.6100 after pulling back from seven-year highs
EUR/CAD retreats after reaching 1.6110 on Tuesday, the highest since March 2018, trading around 1.6080 during the European session on Wednesday.
FxstreetWed, Jul 2
EUR/CAD rises to near 1.6050, marks fresh seven-year highs
EUR/CAD continues its winning streak that began on June 16, trading around 1.6040 during the early European hours on Thursday. The currency cross has marked 1.6052, the new high since March 2018, with the Euro (EUR) receiving support amid improving risk appetite.
FxstreetThu, Jun 26
EUR/CAD Price Forecast: Holds gains above 1.5750 due to persistent bullish bias
EUR/CAD extends its winning streak for the fifth consecutive day, trading around 1.5780 during the Asian hours on Friday. Technical analysis on the daily chart indicates a strengthening bullish bias as the currency cross moves upwards within the ascending channel pattern.
FxstreetFri, Jun 20
EUR/CAD Price Forecast: Tests 1.5650 barrier near descending channel’s upper boundary
EUR/CAD recovers its recent losses, trading around 1.5640 during the European hours on Wednesday. Technical analysis on the daily chart points to the potential weakening of a bearish bias, with the currency cross hovering near the upper boundary of the descending channel.
FxstreetWed, Jun 11
EUR/CAD Price Forecast: Maintains position near 1.5650, support appears at nine-day EMA
EUR/CAD holds losses after experiencing consolidation, trading near 1.5640 during European hours on Tuesday. Technical analysis on the daily chart points to the weakening of a bearish bias, with the currency cross attempting to break above the upper boundary of the descending channel.
FxstreetTue, Jun 10
EUR/CAD steadies as Bank of Canada holds rate steady at 2.75%
EUR/CAD is trading flat in the early hours of the American session on Wednesday after the Bank of Canada (BoC) announced its decision to leave interest rates unchanged at 2.75%.
FxstreetWed, Jun 4
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.
