Fundamental analysis of EUR/CAD

USD/CAD keeps bringing joy to range-bound traders while consolidating between the support at 1.35 and the resistance at 1.3630. What may put an end to this peaceful calmness? In fact, there are several main triggers. One of the most obvious is, of course, the rate statement by the Bank of Canada on ...

Company does not offer investment advice and the analysis performed does not guarantee results The EUR/CAD pair has been trading between 1.50 and 1.51 recently. It is likely to consolidate around this area. Meanwhile, the Canadian currency supported by today's BOC statement may regain momentum in....

A good trader should be prepared for the events which are likely to shake the market. These events can be found in the economic calendar. They offer exciting opportunities to get profit. Tuesday, March 19 Event The UK parliament will vote on Prime Minister Theresa May’s Brexit deal for the third ti...

Traders like central bank meetings as they drive markets a lot. It doesn’t matter whether it is a rate hike or just clues on the economic conditions, the currency suffers a high volatility. The Bank of Canada will release the interest rate on October 24. The market is looking for the rate hike. As a...

EUR/CAD has been quite impulsive with the bearish gains it formed last week since the bullish rejection off the 1.5450 area with a daily close. While the EURO is struggling with the recent economic reports, CAD has gained momentum despite the tension growing because of Trade Wars on both countries.R...

EUR/CAD is currently quite impulsive with the bearish gains which is expected to push the price much lower towards 1.50 price area in the coming days. EUR has been struggling with the recent economic news which leads CAD to gain impulsive momentum in the process.EUR has been struggling with the rece...

EUR/CAD has been quite impulsive with the bullish gains yesterday after bouncing off the 1.50 support area. After the effect of Euro Group Meeting and ECB Monetary Policy Meeting Accounts, EUR seemed to have the upper hand over CAD which might lead to certain short- and medium-term bullish pressure....

EUR/CAD has been non-volatile with the bearish gains since it broke and retested of 1.57 price area with a daily close. CAD has been the dominant currency in the pair for months now where EUR has failed to inject certain pullback along the process.Today EUR German PPI report was published with an in...

EUR/CAD has moved quite impulsively with the bullish gains today. The pair is expected to push higher with the bullish momentum for a while before proceeding lower in the short term. Today, after BOC Overnight Rate was declared unchanged as expected at 1.25%, BOC Monetary Policy was quite dovish wit...

EUR/CAD has been impulsive with the bearish gains recently which lead the price to reside below 1.57 price area with a daily close. EUR has been struggling to keep up with the impulsive gains of CAD which is expected to extend further today having high impact economic reports to be published. Recent...

EUR/CAD has been quite volatile and impulsive with the bearish gains recently which lead the price to break below the 1.59 support area. Despite having worse economic reports, CAD has managed to sustain its gains currently and is expected to lead to further bearish pressure in the pair in the coming...

EUR/CAD has been impulsive with the bearish gains recently which led the price towards the 1.59 price area. The price is currently residing at the edge of 1.59 ahead of the upcoming high impact CAD economic reports to be published today. CAD CPI report is going to be published today which is expecte...

EUR/CAD has been non-volatile with the gains after breaking above the 1.5350 price area which is expected to be retested in the coming days. Due to recent worse economic reports from Canada, EUR has been the dominant currency in the pair with mixed economic reports. The weakness of CAD emerged, havi...

EUR/CAD has been struggling at the edge of the rising Channel support and the 1.50 support area for a few days now, which is expected to break below in the coming days. CAD has been the dominant currency in the pair since November 2017 but failed to sustain the impulsive bearish gains resulting in f...

EUR/CAD has been very volatile recently which lead to impulsive bullish and bearish pressure back to back within a short-period of time and range. The price is currently residing above the channel and horizontal support area of 1.50 whereas a break below this level with a daily close is expected to ...

EUR/CAD has been quite volatile recently showing impulsive bearish pressure after breaking above 1.52, taking the price all the way down. Currently, EUR is quite positive with the gains against CAD due to recent worse economic reports published in Canada. Today, EUR German Trade Balance report is go...

EUR/CAD has been impulsively bullish the gains recently breaking above 1.5220 resistance area and retested it for further bullish pressure in the coming days. EUR has been quite positive with the economic reports and events recently which lead the currency to gain momentum over CAD despite the posit...

EUR/CAD has been quite volatile after a false break off 1.5050-75 resistance area. EUR has been quite mixed with the economic reports recently which lead to all the correction in this pair with no definitive directional movement. Today is a very important day for CAD as several high impact economic ...

EUR/CAD has been impulsively bullish recently resulting to surging up higher towards 1.5050-75 resistance area but yesterday due to dovish statements at ECB Press Conference and unchanged Minimum Bid Rate report EUR lost significant grounds against CAD. Recently CAD Overnight Rate report was publish...

EUR/CAD has been impulsively bullish recently, heading upwards. CAD has weakened amid recent economic reports that helped EUR to gain momentum against. Today, German PPI report was published with a positive figure, showing an increase to 0.3% from the previous value of 0.2% which was expected to dec...

EUR/CAD is currently residing inside a corrective volatile structure with a bearish squeeze above the 1.4500 support level. CAD has been quite weak on the back of recent economic reports which led to gains on the EUR side, but EUR gains were not quite impulsive in nature. It signals that CAD is stil...

EUR/CAD has been trading with a bullish bias recently that enables it to reach the edge of the resistance level of 1.4750. Recently, EUR has been quite strong in light of fresh economic reports. Besides, ECB President Draghi has been quite hawkish with the statements. Today, French Consumer Spending...

EUR/CAD has shown a good amount of bearish impulsive pressure with a daily close after breaking above 1.4730 recently. The pair is currently quite volatile in nature, so corrective moves will follow in the coming days. Today, the ECB is going to present the Economic Bulletin where interest rates and...

EUR/CAD is currently residing in bearish bias of the market whereas the bears were quite impulsive with the gains after bouncing off the 1.50 resistance area. CAD is currently quite strong in nature in light of the recent rate hike and upbeat economic reports being published. On the other hand, EUR ...

EUR/CAD is currently struggling above the 1.4970 support level after breaking above it recently with a daily close. EUR has been quite positive with its recent economic reports than CAD which helped the currency to gain more pipis recently. Today EUR German Retail Sales report was published with a n...

EUR/CAD has been quite corrective and volatile recently above 1.4730 support level. CAD has been mixed with the economic reports this week which made the market sentiment favoring CAD gains a bit confused. Recently CAD Core Retail Sales report was published with a positive value at 0.7% from the pre...

Global macro overview for 22/08/2017:The Canadian wholesale sales declined in June as inventories rose. According to Statistics Canada, the Wholesale Sales fell 0.5% over the course of June, missing expectations for a 0.6% gain after an upwardly revised 1.0% rise in the prior month. In real terms, s...

EUR/CAD has been impulsively bearish recently despite the bad Canadian economic reports published recently. EUR has been quite neutral with the economic reports this week which lead to further weakness of the currency without any favorable gains. Today EUR Final CPI report was published as expected ...

After an impulsive bullish move breaking above 1.4720 resistance level, the pair is currently residing in a corrective structure below 1.4970 resistance level. EUR has been quite stronger than CAD despite the hawkish market and Bank of Canada Sentiments. Recently both the currency in the pair has be...

EUR/CAD is currently residing inside a corrective volatile structure on the way to retest the 1.4730 level as resistance. EUR has been quite stronger due to positive economic reports published recently. Today EUR French Consumer Spending was published with a less deficit at -0.8% from the previous v...