EUR/CAD 1.62565

Market Overview

Market Overview The EUR/CAD pair closed at 1.62565, reflecting a modest increase of 0.09% from the previous close of 1.62421, yet it remains in a downtrend with a 30-day decline of 0.38%. The current price is below the 20-day SMA at 1.62958 but near the 5-day SMA at 1.62566, while the 50-day and 200-day SMAs are not specified. The RSI indicates weakening momentum consistent with bearish pressure. Nearest support is around 1.6239, with resistance near 1.63788. No major economic events are imminent, but central bank communications and commodity price shifts could influence price action. Technicals suggest continued cautious trading within the established downtrend. For information only. Last Updated 1/29/26