EURCAD=X - EUR/CAD

CCY - CCY Delayed Price. Currency in CAD
1.5071
-0.0007 (-0.05%)
As of 6:20AM BST. Market open.
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Previous Close1.508
Open1.509
Bid1.507
Day's Range1.507 - 1.51
52 Week Range1.4760 - 1.6137
Ask1.507
  • Technical Outlook For USD/CAD, EUR/CAD, GBP/CAD & AUD/CAD: 20.09.2018
    FX Empirelast month

    Technical Outlook For USD/CAD, EUR/CAD, GBP/CAD & AUD/CAD: 20.09.2018

    Having breached five-month long ascending trend-line, the USDCAD seems well inclined to test the 200-day SMA level of 1.2865, which if broken could open the door for the pair’s drop to 1.2810-2800 support-zone. In case sellers refrain to respect the 1.2800 mark, the 1.2730, the 1.2700 and the 1.2620 are likely following numbers to appear on the chart. Should prices witness pullback from present levels, the support-turned-resistance line near 1.2955 and the 1.3000 round-figure could entertain short-term buyers prior to challenging them with 1.3050, comprising 100-day SMA. ...

  • Core Inflation in the EU: Is It Ever Going to Happen?
    FX Empirelast month

    Core Inflation in the EU: Is It Ever Going to Happen?

    One wonders how the Eurozone will achieve higher core inflation if monetary policy slowly tightens and the economic activity slows. Should the Euro appreciate and get back above, say, the 1.20 mark against the greenback, it will be even harder for inflation to accelerate.

  • Technical Outlook For USD/CAD, EUR/CAD, GBP/CAD & NZD/CAD: 05.09.2018
    FX Empire2 months ago

    Technical Outlook For USD/CAD, EUR/CAD, GBP/CAD & NZD/CAD: 05.09.2018

    Having breached 50-day SMA & near-term important TL, the USDCAD seems all set to challenge the 1.3265-70 horizontal-region but overbought RSI might question the pair’s further upside. Though, pair’s sustained rise beyond 1.3270 can help it aim for the 1.3330 and the 1.3385 resistances. Meanwhile, the 1.3160 could offer immediate support during the pair’s pullback before highlighting the resistance-turned-support confluence of 1.3100-3090. Given the sellers fetch prices beneath 1.3090 on a daily closing basis, the 1.3000, the 1.2910 and the 200-day SMA level of 1. ...

  • USD/CAD Daily Price Forecast – Fading NAFTA Optimism Pressures Canadian Loonie.
    FX Empire2 months ago

    USD/CAD Daily Price Forecast – Fading NAFTA Optimism Pressures Canadian Loonie.

    Fading NAFTA optimism keeps exerting some pressure on the Canadian Dollar as investors focus on BOC monetary policy update

  • Important CAD Pairs’ Technical Checks: 31.08.2018
    FX Empire2 months ago

    Important CAD Pairs’ Technical Checks: 31.08.2018

    With the fortnight long descending trend-line still being untouched, the USDCAD can continue being weaker and may revisit the 1.2960, adjacent to 1.2935 supports. Should prices dip beneath the 1.2935, the 1.2885 and the 1.2845, comprising 61.8% FE level, might please the sellers. Alternatively, successful break of 1.3030 TL could escalate the pair’s recovery towards the 1.3100 and the 1.3110 trend-line resistance, clearing which 1.3170 may appear on the chart. Additionally, pair’s sustained trading beyond 1.3170 can recall the 1.3220 and the 1.3285 levels as quotes.EUR/CAD

  • Technical Update For USD/CAD, EUR/CAD & CAD/JPY: 24.08.2018
    FX Empire2 months ago

    Technical Update For USD/CAD, EUR/CAD & CAD/JPY: 24.08.2018

    USDCAD’s another bounce off the 100-day SMA & seven-month old ascending trend-line indicates its readiness to confront the downward slanting TL stretched since late-June, at 1.3145. Should the pair registers a daily closing beyond 1.3145 barrier, the 1.3215 and the 1.3255 are likely intermediate halts that it could avail prior to aiming the 1.3385 mark. In case Bulls keep ruling the trade-sentiment past-1.3385, the 61.8% FE level of 1.3490 may prove its worth as strong resistance. Alternatively, the 1. ...

  • Technical Update For USD/CAD, EUR/CAD, GBP/CAD & AUD/CAD: 16.08.2018
    FX Empire2 months ago

    Technical Update For USD/CAD, EUR/CAD, GBP/CAD & AUD/CAD: 16.08.2018

    EURCAD’s U-turn from 1.4800-1.4795 can’t be considered as a sign of its strength as 1.5005-10 and the 1.5060 barriers still stand tall to restrict the pair’s upside momentum. Given the pair rallies above 0.9665, the 0.9700 and the 0.9725 could mark their presence as quotes.

  • Important CAD Pairs’ Technical Outlook: 09.08.2018
    FX Empire2 months ago

    Important CAD Pairs’ Technical Outlook: 09.08.2018

    Although 50-day & 100-day SMA has been restricting the USDCAD moves since last fortnight, the 1.2960-55 support-confluence, comprising 100-day SMA & an ascending TL, could keep indicating the pair’s upside with 1.3060 being immediate resistances to tackle before confronting the 50-day SMA level of 1.3115. Given the pair’s ability to close beyond the 1.3115, the 1.3190 and the downward slanting trend-line, at 1.3215, seem crucial to watch as they hold the door for the quote’s rally towards the 1.3265, the 1.3340 and the 1.3385 resistances.

  • Technical Checks For USD/CAD, EUR/CAD & CAD/JPY: 03.08.2018
    FX Empire3 months ago

    Technical Checks For USD/CAD, EUR/CAD & CAD/JPY: 03.08.2018

    Absence of strong up-moves after the USDCAD’s recent U-turn isn’t a sign of its fresh south-run as 100-day SMA and support-line of short-term descending trend-channel, at 1.2965-60, still stand tall to limit the pair’s decline. In case if the pair refrains to respect the 1.2965-60 support-confluence, more than six-month old ascending trend-line, near 1.2920, followed by the 1.2900 round-figure, could challenge the sellers. Assuming that the quote closes beneath the 1.2900 mark on a D1 basis, then it can plunge to 1.2800 and the 1.2740 support-levels. On the upside, the 1. ...

  • Euro Steady Ahead of Major Economic Data
    FX Empire3 months ago

    Euro Steady Ahead of Major Economic Data

    The Euro is trading slightly higher on Tuesday morning ahead of big economic indicators expected to be published later on today.

  • Will the USD/CAD Bulls Hold Their Nerve?
    FX Empire3 months ago

    Will the USD/CAD Bulls Hold Their Nerve?

    It’s been a bullish market for months, but now the promising economic news coming out of Canada is pulling the USD/CAD price back down. From a low in April of around 1.252, the price went as high as 1.338 at the end of June but has been stuttering ever since.

  • Technical Update For USD/CAD, EUR/CAD, NZD/CAD & CAD/CHF: 26.07.2018
    FX Empire3 months ago

    Technical Update For USD/CAD, EUR/CAD, NZD/CAD & CAD/CHF: 26.07.2018

    On the upside, the 1.3045-50 horizontal-line and the 50-day SMA level of 1.3090 could try limiting the pair’s near-term advances, breaking which the 1.3110, the 1.3160 and the 1.3210 might offer intermediate halts before highlighting the 1.3270 trend-line barrier. If at all the quote closes above 50-day SMA level of 1.5290, it can revisit the 1.5320 and the 1.5360 resistances ahead of pushing bulls to aim for the 1.5440, the 1.5470 and the 1.5515 trend-line.

  • Important CAD Pairs’ Technical Overview: 12.07.2018
    FX Empire3 months ago

    Important CAD Pairs’ Technical Overview: 12.07.2018

    USDCAD’s bounce off the three-month old ascending trend-line presently struggles with 1.3200-1.3210 horizontal-region in order to justify its strength in targeting the 1.3260 and the 1.3340 resistances. In case the pair manage to extend its recovery beyond 1.3340 on a daily closing basis, the 1.3385 and the 1.3470, comprising 61.8% FE can please the Bulls. On the contrary, the 1.3130-20 is likely immediate support for the pair to test during its pullback before revisiting the 1.3060 TL figure. Assuming that the quote keep declining beneath the 1.3060, the 50-day SMA level of 1. ...

  • Things to Consider When Trading the Canadian Dollar
    FX Empire3 months ago

    Things to Consider When Trading the Canadian Dollar

    The Canadian Dollar (CAD) is an important currency part of the Forex dashboard. As part of the DXY (Dollar Index), where it holds almost a ten percent stake, the CAD reflects the strengths and weaknesses of the Canadian economy. Part of NAFTA (North America Free Trade Agreement), Canada has a performant economic model many countries only dream about.

  • Important CAD Pair’s Technical Overview: 28.06.2018
    FX Empire4 months ago

    Important CAD Pair’s Technical Overview: 28.06.2018

    USDCAD’s inability to surpass the 1.3380-90 resistance-region presently drags the pair to re-test the broader resistance-turned-support, at 1.3260 now, which if broken could highlight the 1.3210-1.3200 support-zone. If at all sellers manage to conquer the 1.3200 mark on a daily closing basis, pair’s subsequent drop to 1.3155 & 1.3100 can’t be denied. In case if the pair pulls itself back from 1.3260 support, it can again confront the 1.3380-90 area, clearing which the 1.3430, the 1.3500 and the 1.3530 could entertain the traders. ...

  • Draghi Sticks to the Baseline. Cites Risks from Trade, Oil Prices and Market Volatility
    FX Empire4 months ago

    Draghi Sticks to the Baseline. Cites Risks from Trade, Oil Prices and Market Volatility

    The European Central Bank president, Mario Draghi was speaking at the banking conference event in Portugal last week. The main take away from the speech was that the ECB president promised that the ECB would take time to hike interest rates.

  • A Bullish Short-Term View on the Euro
    FX Empire4 months ago

    A Bullish Short-Term View on the Euro

    The breakaway gap in the Euro (in this article, we use “Euro” to refer to the currency pair EUR/USD) on the 24th of April 2017 on the back of positive first round French election results that weekend broke through a resistance trendline from 2014, a 5-month ascending triangle and the 200-day moving average. It heralded a reversal in the trend of the Euro and what followed was a near 1-year rally that took the price from 1.087 to a high of 1.2558, a rise of 15.5%. After consolidating in a symmetrical triangle, the Euro broke to the downside and has been falling for over a month now.

  • What Happens if Italy Leaves the Euro?
    FX Empire5 months ago

    What Happens if Italy Leaves the Euro?

    Though there still remains a significant amount of uncertainty, recent populist movements in Italy have created the possibility of ending the national use of the Euro. Naturally, as a nation of over 60 million and the third largest nation in the Eurozone (after Germany and France), Italy’s abandonment of the Euro could spark a wide variety of far-reaching changes.

  • Stocks and Euro Sink on Political Uncertainty in Italy, Turkish Lira Stable
    FX Empire5 months ago

    Stocks and Euro Sink on Political Uncertainty in Italy, Turkish Lira Stable

    The start of the week’s trading took place around excitement in the political situation in Italy and the unsuccessful attempts of Crude Oil to rebound.

  • Global Stocks Mixed, Italian Bonds Highest Since 2011. Oil Prices Continue to Drop
    FX Empire5 months ago

    Global Stocks Mixed, Italian Bonds Highest Since 2011. Oil Prices Continue to Drop

    Early Monday trading has seen the downward pressure continue for oil prices. Italian stocks rise on prospects of new elections, and Italian bonds strengthen as the populist coalition fails to form a government.

  • Downside Action in Vogue for Euro Again
    FX Empire6 months ago

    Downside Action in Vogue for Euro Again

    The Euro has resumed its downward trend this morning and is testing vital long-term support.

  • Technical Outlook of Important CAD Pairs: 25.04.2018
    FX Empire6 months ago

    Technical Outlook of Important CAD Pairs: 25.04.2018

    USDCAD’s break of 1.2805-15 horizontal-area presently struggles with the 1.2860 resistance-line in order to justify its strength in targeting the 1.2900 and the 1.2945-50 upside barriers. Though, break of 1.2950 could quickly propel the quote towards 1.3000 and the 1.3050 resistances. Should prices fail to clear the 1.2860 mark, the 1.2830 can act as immediate support before highlighting the 1.2815-05 region for one more time. Given the pair’s drop beneath the 1.2805, also smashing the 1.2800 round-figure, the 1.2770 and the 1.2745 can reappear on the chart. ...

  • How Could Ecofin Meetings Affect the Euro?
    FX Empire6 months ago

    How Could Ecofin Meetings Affect the Euro?

    The Ecofin meetings are a major event in the EU, with leaders from all member states attending each time that they are held. How could the meeting affect the euro?

  • EURCAD and USDCAD – H&S Formations Work!
    FX Empire7 months ago

    EURCAD and USDCAD – H&S Formations Work!

    Two of them are with CAD and have nice head and shoulders patterns, which are already up and running. EURCAD is the first one. Here, the price broke the up trendline (red), neckline (blue) and the horizontal support (orange).

  • Cable still under the neckline. Good setups on the EURUSD and EURCAD!
    FX Empire7 months ago

    Cable still under the neckline. Good setups on the EURUSD and EURCAD!

    Cable is having a beautiful head and shoulders pattern. The formation is already active as the price broke the neckline. EURCAD is also having a head and shoulders formation but the thing is that we did not break the neckline yet.