EURCAD STATISTICS
The Euro against the Canadian Dollar. The Canadian economy is linked to the US economy in multiple ways as 85% of all Canadian exports are going to the United States, and about half of all Canadian imports are coming from the United States. EURCAD accounted for 0.34% of the Foreign Exchange market volume in 2016.
Here are the statistics for the EURCAD pair (Research 2000-2018):
BEST MONTHS FOR LONG TRADES (↑)
- JUNE, average returns +0.43%, times (12-7), and +0.33% momentum
RECENT 5 PERIODS: 2 bullish out of 5
RELIABILITY: NOT a very reliable seasonal pattern, after 2013 (☆☆)
- DECEMBER, average returns +1.53%, times (11-7), and +0.89% momentum
RECENT 5 PERIODS: 2 bullish out of 5
RELIABILITY: NOT a very reliable seasonal pattern, after 2013 (☆☆)
BEST MONTHS FOR SHORT TRADES (↓)
- MAY, average negative returns -1.02%, times (9-10), and -0.86% momentum
RECENT 5 PERIODS: 2 bearish out of 5
RELIABILITY: NOT a very reliable seasonal pattern after 2013 (☆☆)
The full statistics of the pair are presented in the book (licensed by G. Protonotarios): ► The Hidden Patterns Behind 15 Forex Pairs: Revealing Momentum and Seasonal Patterns Based on 18.5 Years of Daily Exchange Rates
◘ EUR/CAD Forex Brokers
BROKER |
JUSTFOREX |
AXI FOREX |
EURCAD SPREAD | 2.1 Pip | 0.8 Pip |
EURCAD COMMISSIONS | NO | $7/LOT |
EURCAD EXECUTION | ECN BROKER | STP BROKER |
TRADE LEVERAGE | 30:1 | 30:1 |
US TRADERS | NO | NO |
REVIEW BROKER | » Review JustForex | » Review AXI |
VISIT BROKER | » JustForex Web | » Visit AXI Forex |
◘ EUR/CAD Central Banks
» European Central Bank | » Canadian Central Bank |
■ EURCAD Forex Statistics
Source: TradingCenter.org (c)