EUR / CAD Forecast & Live Analysis

Market Analysis & Outlook

UPDATED: 15:09 PST

Current Trend: EUR / CAD is showing a Moderate Bearish bias with a technical score of -5/25.

Volatility: Today's range is 14 pips (ADR: 68 pips). Volatility is Normal.

Seasonality: Historically, December is Bearish for EUR / CAD (Win Rate: 50%).

Latest Intelligence

EUR/CAD steadies near 1.6160 as holiday trading limits volumes - FXStreet EUR/CAD steadies near 1.6160 as holiday trading limits volumes FXStreet Dec 22, 00:03 • Google News USD/CAD, EUR/CAD and AUD/CAD Technical Outlook Ahead of FOMC and BoC - FOREX.com USD/CAD, EUR/CAD and AUD/CAD Technical Outlook Ahead of FOMC and BoC FOREX.com Dec 9, 00:00 • Google News In early European trading, EUR/CAD hovers around 1.6160, with volumes low due to holidays - VT Markets In early European trading, EUR/CAD hovers around 1.6160, with volumes low due to holidays VT Markets Dec 22, 05:17 • Google News USD/CAD, EUR/CAD Outlook: Canadian Dollar Bulls Flex Ahead Inflation - FOREX.com USD/CAD, EUR/CAD Outlook: Canadian Dollar Bulls Flex Ahead Inflation FOREX.com Sep 16, 00:00 • Google News EUR/CAD holds gains above 1.6150 as ECB’s cautious tone supports Euro - FXStreet EUR/CAD holds gains above 1.6150 as ECB’s cautious tone supports Euro FXStreet Dec 22, 23:20 • Google News

About EUR / CAD

Euro (EUR)

Central Bank:

European Central Bank ➚

Nickname:

Single Currency

Key Driver:

German Manufacturing PMI

Interest Rate:

2.15%

Canadian Dollar (CAD)

Central Bank:

Bank of Canada ➚

Nickname:

Loonie

Key Driver:

Crude Oil

Interest Rate:

2.5%

Quick Q&A

What is the current trend for EUR / CAD?

The current trend for EUR / CAD is Bearish with a score of -5.

What is the daily volatility for EUR / CAD?

Today's volatility range is 14 pips.

What are the key support and resistance levels for EUR / CAD?

Key resistance is at 1.6133 and support is at 1.6082.

Trend Matrix

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Key Technical Levels

Res 3	1.6175❐
Res 2	1.6150❐
Res 1	1.6133❐
PIVOT	1.6108
Sup 1	1.6082❐
Sup 2	1.6065❐
Sup 3	1.6040❐

Levels calculated dynamically based on current Price & Volatility.

Daily Structure

Swing High	1.6140
Swing Low	1.6341
61.8% Retr.	1.6217
Extension	1.6396

Interest Rate Delta

EUR (2.15%) CAD (2.5%)

Differential: -0.35%

Seasonality (DEC)

HISTORIC WIN RATE

50%

AVG RETURN

+0.06%

Top Correlations

EUR/AUD	0.83
GBP/CAD	0.71
GBP/AUD	0.7
USD/CAD	0.69
GBP/NZD	0.6