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EUR/CAD

EURCAD
View Detailed Chart

1.620USD

+0.001+0.09%
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.09%

5 Days

-0.19%

1 Month

-0.70%

6 Months

+3.96%

Year to Date

+8.87%

1 Year

+9.10%

View Detailed Chart

Key Data Points

Opening Price

1.619

Previous Closing Price

1.619
Price Range of the Day
1.6171.622
52-Week Price Range
1.4491.647

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.

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Neutral
Sell(0)
Neutral(0)
Buy(0)
Indicators
Sell(0)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
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RSI(14)
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STOCH(KDJ)(9,3,3)
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ATR(14)
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CCI(14)
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Williams %R
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TRIX(12,20)
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StochRSI(14)
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Moving Average
Sell(0)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
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MA10
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MA20
--
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MA50
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MA100
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MA200
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EUR/CAD Trading Strategy

Intraday
Short Term
The configuration is mixed.

Trading Strategy

The configuration is mixed.

Alternative scenario

below 1.6177, expect 1.6144 and 1.6124.

Comment

rebound towards 1.6273

28 minutes ago
Source: Trading Central(Reference Only)

EUR/CAD News

EUR/CAD climbs above 1.6200 as Oil slips, Euro steadies

EUR/CAD rebounds after three days of losses, trading around 1.6210 during the Asian hours on Tuesday. The currency cross gains ground as the commodity-linked Canadian Dollar (CAD) comes under downward pressure amid lower crude Oil prices.

Fxstreet5 hours ago
EUR/CAD rebounds after three days of losses, trading around 1.6210 during the Asian hours on Tuesday. The currency cross gains ground as the commodity-linked Canadian Dollar (CAD) comes under downward pressure amid lower crude Oil prices.

EUR/CAD slides on mixed Canadian CPI and Oil market stabilization

EUR/CAD trades lower on Monday around 1.6250 at the time of writing, down 0.30% on the day, after Canada published a set of mixed inflation data for October.

FxstreetMon, Nov 17
EUR/CAD trades lower on Monday around 1.6250 at the time of writing, down 0.30% on the day, after Canada published a set of mixed inflation data for October.

EUR/CAD softens below 1.6300 ahead of Canadian CPI inflation release

The EUR/CAD cross loses traction to around 1.6275 during the early European session on Monday. Nonetheless, the potential downside for the cross might be limited amid the cautious stance by the European Central Bank (ECB).

FxstreetMon, Nov 17
The EUR/CAD cross loses traction to around 1.6275 during the early European session on Monday. Nonetheless, the potential downside for the cross might be limited amid the cautious stance by the European Central Bank (ECB).

EUR/CAD steady amid ECB caution, Canadian Dollar strength from Oil

EUR/CAD trades with minimal movement on Friday, holding near 1.6310 at the time of writing, as investors assess the impact of a more cautious tone from the European Central Bank (ECB).

FxstreetFri, Nov 14
EUR/CAD trades with minimal movement on Friday, holding near 1.6310 at the time of writing, as investors assess the impact of a more cautious tone from the European Central Bank (ECB).

EUR/CAD rises near 1.6250 as ECB signals cautious rate stance

EUR/CAD continues its winning streak for the fourth successive session, trading around 1.6230 during the Asian hours on Friday. The currency cross gains as the Euro (EUR) is supported by cautious sentiment surrounding the European Central Bank’s (ECB) monetary policy outlook.

FxstreetFri, Nov 14
EUR/CAD continues its winning streak for the fourth successive session, trading around 1.6230 during the Asian hours on Friday. The currency cross gains as the Euro (EUR) is supported by cautious sentiment surrounding the European Central Bank’s (ECB) monetary policy outlook.

EUR/CAD Price Forecast: Holds above nine-day EMA, 1.6200 within a consolidation phase

EUR/CAD extends its gains for the second successive session, trading around 1.6220 during the early European hours on Thursday. The currency cross has moved above the nine-day Exponential Moving Average (EMA), suggesting that short-term price momentum has turned stronger.

FxstreetThu, Nov 6
EUR/CAD extends its gains for the second successive session, trading around 1.6220 during the early European hours on Thursday. The currency cross has moved above the nine-day Exponential Moving Average (EMA), suggesting that short-term price momentum has turned stronger.

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

1.620
+0.001+0.09%
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