Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.002
Buy
RSI(14)
62.732
Neutral
STOCH(KDJ)(9,3,3)
66.127
Sell
ATR(14)
0.008
Low Volatility
CCI(14)
84.483
Neutral
Williams %R
22.881
Buy
TRIX(12,20)
0.051
Sell
StochRSI(14)
56.085
Sell
EUR/CAD
EURCAD
View Detailed Chart
1.62766CAD
+0.00095+0.06%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
+0.06%
5 Days
+0.37%
1 Month
+0.66%
6 Months
+4.28%
Year to Date
+9.44%
1 Year
+7.70%
View Detailed Chart
Key Data Points
Opening Price
1.62639Previous Closing Price
1.62671Indicators
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
1.625
Buy
MA10
1.623
Buy
MA20
1.616
Buy
MA50
1.606
Buy
MA100
1.590
Buy
MA200
1.555
Buy
EUR/CAD Trading Strategy
Intraday
Short Term
Trading Strategy
The break above the 50 area on the RSI should trigger further gains.
Alternative scenario
above 1.6361, look for 1.6392 and 1.6410.
Comment
as long as 1.6361 is resistance look for 1.6240
5 hours ago
Source: Trading Central(Reference Only)
EUR/CAD News
EUR/CAD edges higher above 1.6100 ahead of Canadian employment data
The EUR/CAD pair extends its winning streak for the third trading day on Friday, and trades marginally higher to near 1.6115 during the late Asian trading session. The pair ticks up ahead of the Canadian labor market data for August, which will be published at 12:30 GMT.
FxstreetFri, Sep 5
EUR/CAD Price Forecast: Showing signs of topping at 1.6190 YTD highs
The Euro is losing momentum against the Canadian Dollar on Friday.
FxstreetFri, Aug 22
EUR/CAD corrects to near 1.6100 as Euro underperforms across the board
The EUR/CAD pair retraces to near the round-level figure of 1.6100 during Monday’s European trading session after posting a fresh seven-year high around 1.6187 in early Asian trading hours.
FxstreetMon, Aug 18
EUR/CAD Price Forecast: Wobbles above 1.6000 ahead of Eurozone ZEW Survey data
The EUR/CAD pair trades in a tight range around 1.6020 during the late Asian trading session on Tuesday. The pair consolidates ahead of the Eurozone EW Survey – Economic Sentiment data for August, which will be published at 09:00 GMT.
FxstreetTue, Aug 12
EUR/CAD Price Forecast: Retains bullish bias near 1.6000, Canadian jobs report in the spotlight
The EUR/CAD cross attracts some sellers to around 1.6000 during the early European trading hours on Friday. All eyes will be on the Canadian employment report for July, which is due later on Friday. Canada is expected to show moderate job growth and a higher Unemployment Rate in July.
FxstreetFri, Aug 8
EUR/CAD Price Forecast: Crucial upside barrier emerges near 1.6000
The EUR/CAD cross loses ground to around 1.5925 during the early European session on Tuesday. A rebound in crude oil prices lifts the commodity-linked Loonie and acts as a headwind for the cross.
FxstreetTue, Aug 5
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.
