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EUR/CAD

EURCAD
View Detailed Chart

1.621USD

-0.006-0.35%
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.35%

5 Days

-0.15%

1 Month

+0.22%

6 Months

+3.30%

Year to Date

+8.90%

1 Year

+9.51%

View Detailed Chart

Key Data Points

Opening Price

1.627

Previous Closing Price

1.626
Price Range of the Day
1.6171.627
52-Week Price Range
1.4681.647

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
Sell
Sell(8)
Neutral(2)
Buy(2)
Indicators
Sell(4)
Neutral(2)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.000
Neutral
RSI(14)
42.791
Neutral
STOCH(KDJ)(9,3,3)
31.072
Sell
ATR(14)
0.008
High Vlolatility
CCI(14)
-108.236
Sell
Williams %R
97.915
Oversold
TRIX(12,20)
0.001
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
1.625
Sell
MA10
1.624
Sell
MA20
1.624
Sell
MA50
1.627
Sell
MA100
1.617
Buy
MA200
1.590
Buy

EUR/CAD Trading Strategy

Intraday
Short Term
The configuration is mixed.

Trading Strategy

The configuration is mixed.

Alternative scenario

below 1.6185, expect 1.6152 and 1.6132.

Comment

rebound towards 1.6275

Fri, Nov 28
Source: Trading Central(Reference Only)

EUR/CAD News

EUR/CAD falls as Canadian GDP beats expectations, Euro struggles with mixed data

EUR/CAD trades around 1.6180 on Friday at the time of writing, down 0.50% as macroeconomic developments strengthen the Canadian Dollar (CAD) while leaving the Euro (EUR) lacking momentum.

FxstreetFri, Nov 28
EUR/CAD trades around 1.6180 on Friday at the time of writing, down 0.50% as macroeconomic developments strengthen the Canadian Dollar (CAD) while leaving the Euro (EUR) lacking momentum.

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.

FxstreetWed, Nov 19
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.

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

1.621
-0.006-0.35%
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