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EUR/CAD

EURCAD
View Detailed Chart

1.609USD

-0.001-0.04%
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.04%

5 Days

-0.18%

1 Month

-1.16%

6 Months

+0.61%

Year to Date

+8.14%

1 Year

+7.31%

View Detailed Chart

Key Data Points

Opening Price

1.609

Previous Closing Price

1.610
Price Range of the Day
1.6071.613
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(9)
Neutral(1)
Buy(1)
Indicators
Sell(4)
Neutral(1)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.001
Sell
RSI(14)
41.464
Neutral
STOCH(KDJ)(9,3,3)
20.057
Sell
ATR(14)
0.007
High Vlolatility
CCI(14)
-124.012
Sell
Williams %R
82.164
Oversold
TRIX(12,20)
-0.027
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
1.612
Sell
MA10
1.614
Sell
MA20
1.616
Sell
MA50
1.621
Sell
MA100
1.621
Sell
MA200
1.598
Buy

EUR/CAD Trading Strategy

Intraday
Short Term
The MACD must break above its zero level to trigger further gains.

Trading Strategy

The MACD must break above its zero level to trigger further gains.

Alternative scenario

below 1.6076, expect 1.6050 and 1.6034.

Comment

Rebound

5 hours ago
Source: Trading Central(Reference Only)

EUR/CAD News

EUR/CAD holds gains above 1.6150 as ECB’s cautious tone supports Euro

EUR/CAD extends its gains for the third successive session, trading around 1.6170 during the early European hours on Tuesday. The currency cross gains ground as the Euro (EUR) receives support from the cautious sentiment surrounding the European Central Bank’s (ECB) policy outlook.

FxstreetTue, Dec 23
EUR/CAD extends its gains for the third successive session, trading around 1.6170 during the early European hours on Tuesday. The currency cross gains ground as the Euro (EUR) receives support from the cautious sentiment surrounding the European Central Bank’s (ECB) policy outlook.

EUR/CAD steadies near 1.6160 as holiday trading limits volumes

EUR/CAD moves little after registering little gains in the previous session, hovering around 1.6160 during the early European hours on Monday. Volumes are expected to remain light as trading enters a holiday-shortened week ahead of Christmas.

FxstreetMon, Dec 22
EUR/CAD moves little after registering little gains in the previous session, hovering around 1.6160 during the early European hours on Monday. Volumes are expected to remain light as trading enters a holiday-shortened week ahead of Christmas.

EUR/CAD ticks up to near 1.6160 ahead of ECB speeches

The EUR/CAD pair edges higher to near 1.6160 during the early European trading session on Friday. The cross ticks up as the Euro (EUR) outperforms its major peers ahead of speeches from a slew of European Central Bank (ECB) policymakers later in the day.

FxstreetFri, Dec 19
The EUR/CAD pair edges higher to near 1.6160 during the early European trading session on Friday. The cross ticks up as the Euro (EUR) outperforms its major peers ahead of speeches from a slew of European Central Bank (ECB) policymakers later in the day.

EUR/CAD slips toward 1.6150 due to Oil supply concerns

EUR/CAD pares its recent gains from the previous session, trading around 1.6160 during the European hours on Thursday. The currency cross weakens as the commodity-linked Canadian Dollar (CAD) strengthens on Oil supply concerns driven by rising geopolitical tensions.

FxstreetThu, Dec 18
EUR/CAD pares its recent gains from the previous session, trading around 1.6160 during the European hours on Thursday. The currency cross weakens as the commodity-linked Canadian Dollar (CAD) strengthens on Oil supply concerns driven by rising geopolitical tensions.

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.

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

1.609
-0.001-0.04%
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