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EUR/CAD

EURCAD
View Detailed Chart

1.622USD

-0.008-0.47%
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.47%

5 Days

+0.43%

1 Month

+0.03%

6 Months

+3.86%

Year to Date

+9.01%

1 Year

+8.88%

View Detailed Chart

Key Data Points

Opening Price

1.629

Previous Closing Price

1.630
Price Range of the Day
1.6221.631
52-Week Price Range
0.0001.622

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
--
--
MA20
--
--
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 negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 1.6268, look for 1.6303 and 1.6323.

Comment

the downside prevails as long as 1.6268 is resistance

Fri, Nov 7
Source: Trading Central(Reference Only)

EUR/CAD News

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.

EUR/CAD declines as BoC signals end to rate cuts amid tariff concerns

EUR/CAD moves lower around 1.6180 on Wednesday, down 0.40% for the day at the time of writing, as the Canadian Dollar (CAD) strengthens following the latest monetary policy decision by the Bank of Canada (BoC).

FxstreetWed, Oct 29
EUR/CAD moves lower around 1.6180 on Wednesday, down 0.40% for the day at the time of writing, as the Canadian Dollar (CAD) strengthens following the latest monetary policy decision by the Bank of Canada (BoC).

EUR/CAD declines as Canadian Dollar rallies on robust inflation, Oil rebound

EUR/CAD drops by 0.40% on Tuesday at the time of writing, trading around 1.6270, as the Canadian Dollar (CAD) appreciates following stronger-than-expected inflation data.

FxstreetTue, Oct 21
EUR/CAD drops by 0.40% on Tuesday at the time of writing, trading around 1.6270, as the Canadian Dollar (CAD) appreciates following stronger-than-expected inflation data.

EUR/CAD edges higher on weaker CAD; remains below mid-1.6300s ahead of Canadian CPI

The EUR/CAD cross edges higher during the Asian session on Tuesday, though it lacks follow-through and remains confined in the previous day's broader trading range.

FxstreetTue, Oct 21
The EUR/CAD cross edges higher during the Asian session on Tuesday, though it lacks follow-through and remains confined in the previous day's broader trading range.

EUR/CAD Price Forecast: Seem poised to retest multi-year top, around 1.6400

The EUR/CAD cross is seen building on its recent bounce from the 1.6170-1.6175 area, or a three-week low touched last Friday, and gaining traction for the second straight day.

FxstreetWed, Oct 15
The EUR/CAD cross is seen building on its recent bounce from the 1.6170-1.6175 area, or a three-week low touched last Friday, and gaining traction for the second straight day.

EUR/CAD snaps four-day losing streak ahead of Canadian employment data

The EUR/CAD pair snaps its four-day losing streak and trades 0.13% higher to near 1.6240 during the European trading session on Friday. The cross gains as the Euro (EUR) outperforms its peers after remaining under pressure this week.

FxstreetFri, Oct 10
The EUR/CAD pair snaps its four-day losing streak and trades 0.13% higher to near 1.6240 during the European trading session on Friday. The cross gains as the Euro (EUR) outperforms its peers after remaining under pressure this week.

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

1.622
-0.008-0.47%
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