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
EURCAD FOREX BROKER |
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□ EURCAD SPREAD |
2.1 pip on EURCAD (without trading commissions) |
0.74-1.0 pip on EURCAD |
1.4 pip on EURCAD |
1.5 pip on EURCAD |
□ TRADING COMMISSIONS |
NO |
YES $7/full traded lot |
YES $7/full traded lot |
YES $7/full traded lot |
□ PLATFORMS |
MT4/MT5 RStocks Trader |
MT4/MT5 Ctrader |
MT4/MT5 |
MT4/MT5 |
□ AUTO-TRADING |
Fully Allowed Free VPS |
Fully Allowed
Free VPS |
Fully Allowed Free VPS NY4 and LD5 IBX Equinix |
Fully Allowed |
□ REGULATION |
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□ ACCOUNT INFO |
35 Forex pairs Min. Deposit: 200 USD Funding Methods: Cards | Bank Wire | Skrill PerfectMoney | Neteller » Review RoboForex |
65 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | PayPal | Neteller |
61 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | UnionPay | Neteller |
65 Forex pairs Min. Deposit: 100 USD Funding Methods: Credit Cards | Bank Wire UnionPay | Neteller |
□ WEBSITE
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» IC Trading Website |
◘ EUR/CAD Central Banks
» European Central Bank | » Canadian Central Bank |
■ EURCAD Forex Statistics
Source: TradingCenter.org (c)