EURCAD

EUR/CAD is a major currency pair with significant trading volume and liquidity. Monitor economic indicators and central bank policies for both currencies to make informed trading decisions. Currently showing a strong BUY signal with 88% confidence based on technical and fundamental analysis.

Timeframe:
BUY STRONG

Confidence: 88%

Tech: 10/10
Fund: 7/10
R/R: 4/10
Trend: 10/10

Entry

1.6222

Stop Loss

1.6101

Take Profit

1.6404

Risk/Reward

1:1.5

Price Analysis

Momentum

RSI (14)
60.74 (NEUTRAL)
MACD Hist 0.00062
Stochastic
79.34/63.19 (NEUTRAL)

Moving Averages

SMA 20 1.61430
SMA 50 1.61621
SMA 200 1.61105

Volatility

BB Position
104% (Upper)
BB Upper / Middle / Lower 1.62153 / 1.61430 / 1.60707
ATR (14) 0.00605

Trend Direction

ADX
21.13 (WEAK)
+DI / -DI 24.27 / 15.80

Market Sentiment

Short-term BULLISH
Medium-term BULLISH
Long-term BULLISH
Volume High
Current / Avg 271.16K / 191.87K

Price Statistics

Live Price

1.6222

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24h Change

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7d Change

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30d Change

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Last Candle

1.6222

Closed --

High/Low Statistics

Today

High --
Low --
Range --

This Week

High --
Low --
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This Month

High --
Low --
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Signal Analysis

Why This Signal?

• MACD histogram positive - bullish momentum

• MACD above signal line

• Price above 200 SMA - long-term uptrend

• Price at upper Bollinger Band - overbought

• Volume confirms move (1.41x avg volume)

Risk Management

  • • Always use stop loss to limit potential losses
  • • Risk only 1-2% of your account per trade
  • • Monitor economic events that may affect this pair
  • • Consider reducing position size during high volatility periods
  • • Review and adjust stop loss as price moves in your favor

Upcoming High-Impact Events

View Full Calendar

Economic events that may impact EUR/CAD. Monitor these releases closely as they can cause significant price movements.

🌍

ECB's President Lagarde speech

Today - EUR

Impact: HIGH
🌍

ECB's Escrivá speech

Today - EUR

Impact: MEDIUM
🌍

ECB's Villeroy speech

Today - EUR

Impact: MEDIUM
🌍

ECB's President Lagarde speech

Today - EUR

Impact: HIGH
🌍

ECB's Nagel speech

Today - EUR

Impact: MEDIUM
🇩🇪

German Buba Monthly Report

Tomorrow - EUR

Impact: MEDIUM
🌍

ECB Monetary Policy Meeting Accounts

Tomorrow - EUR

Impact: MEDIUM
🌍

ECB's President Lagarde speech

Jan 23 - EUR

Impact: HIGH
🌍

CFTC EUR NC Net Positions

Jan 23 - EUR

Impact: LOW

Trading Information

Pair Characteristics

Liquidity: Medium
Volatility: Medium
Typical Spread: 2-4 pips
Best Trading Hours: 8:00-17:00 GMT

Key Factors to Monitor

  • • Central bank policies for both currencies
  • • Economic indicators (GDP, inflation, employment)
  • • Geopolitical events
  • • Commodity prices (if applicable)
  • • Market risk sentiment

Signal History Timeline

Complete history of all trading signals for EUR/CAD. See how signals have evolved over time - including repeated signals at the same price level, which can indicate strong market conviction. Use "Load more" to see older signals.

BUY 88%
Entry: 1.6222 | SL: 1.6101 | TP: 1.6404