The Euro / Canadian Dollar denotes how many Canadian Dollars are needed to purchase one Euro. Crude oil is one of Canada's largest exports and as such, tends to be sensitive to fluctuations in crude oil prices and global growth expectations. The Eurozone is the largest monetary union in the world and one of the most popularly traded currencies in FX. Throughout history there have been numerous times the euro has been used as a funding currency during times of global economic uncertainty. The EUR/CAD typically has a slightly higher average true range than the majors, offering more opportunities to intra-day traders & swing traders alike.
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PIVOT POINTS
P
1.5677
S3
1.5456
S2
1.5567
S1
1.5639
R1
1.5749
R2
1.5787
R3
1.5897
Daily Classical Pivot Points. Last Updated: Aug 15, 2020
EUR/CAD FORECAST
EURO BULLISH
Euro Forecast: EUR/USD Outlook Still Bright After Six Weeks of Gains
CANADIAN DOLLAR BEARISH
Canadian Dollar Outlook Bearish on Growth Outlook, US PMI Data
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NEWS & ANALYSIS
Euro Forecast: EUR/USD Topping? EUR/AUD May Rise as EUR/CAD Falls
Euro Forecast: EUR/USD Topping? EUR/AUD May Rise as EUR/CAD Falls
Aug 14, 2020 5:00 AM +05:00
Euro Forecast: Resistance Holds, For Now - Key Levels for EUR/JPY & EUR/USD
Euro Forecast: Resistance Holds, For Now - Key Levels for EUR/JPY & EUR/USD
Aug 4, 2020 3:00 AM +05:00
Euro Forecast: Exhaustion Arrives as Rallies Reach Resistance - Key Levels for EUR/JPY & EUR/USD
Euro Forecast: Exhaustion Arrives as Rallies Reach Resistance - Key Levels for EUR/JPY & EUR/USD
Jul 28, 2020 7:00 PM +05:00
Euro Technical Forecast: Will EUR/AUD, EUR/CHF, EUR/CAD Rise Next?
Jul 24, 2020 8:30 AM +05:00
Euro Forecast: Bull Moves Unphased by July ECB Meeting - Key Levels for EUR/JPY & EUR/USD
Jul 19, 2020 12:00 AM +05:00
Canadian Dollar Mixed on BoC Decision; QE Continues as CPI Slumps
Jul 15, 2020 8:00 PM +05:00
EUR/USD, EUR/JPY Bullish Breakouts Extend Gains - Key Levels
Jul 14, 2020 9:00 PM +05:00
REAL TIME NEWS
ddubrovskyFX Aug 14, 2020 5:48 AM Follow
The #Euro has lately been struggling to add to its upside momentum
Is $EURUSD readying to top? Will $EURCAD follow? $EURAUD could be preparing to rise in the near term
dailyfx.com/for...RCAD-Falls.html https://t.co/r2FE9QYVrX
2020-08-14 00:48:43
ECONOMIC CALENDAR
Aug 17, 2020
15:00
🇩🇪
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Bundesbank Monthly Report
17:30
🇨🇦
L
New Motor Vehicle Sales (JUN)
P: 109K
L
Foreign Securities Purchases by Canadians (JUN)
P: C$13.4B
L
Foreign Securities Purchases (JUN)
P: C$22.4B
18:00
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12-Month BTF Auction
P: -0.565%
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3-Month BTF Auction
P: -0.576%
A: Actual
F: Forecast
P: Previous
R: Revised
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