Forex Cross
EUR/CAD — Euro / Canadian Dollar
1.2 – 3.0 pips · 80 – 130 pips
EUR/CAD trades the European economy against oil. It offers medium volatility and clean technical structure, especially on H4.
Risk first
Numbers below are typical ranges, not guarantees — spreads, swaps and volatility differ per broker and market regime. Size every position from your stop distance and account risk, never from a fixed lot habit.
Contract specifications
| Spec | Value |
|---|---|
| Contract size | 1.00 lot = 100,000 EUR |
| Pip / tick value | 0.0001 → ca. 7 – 8 USD / 1.00 lot |
| Typical spread | 1.2 – 3.0 pips |
| Typical daily range | 80 – 130 pips |
| Best trading hours | London/NY overlap |
What moves this market
- ▸Crude oil through the CAD leg
- ▸ECB vs BoC policy paths
- ▸Euro-area energy dependence
Correlations to watch
- ▸Negative to WTI crude
- ▸Correlated with EUR/AUD in risk cycles
How traders approach it
- ▸Swing trading between daily supply and demand zones
- ▸Oil-driven continuation after BoC decisions
- ▸Trend pullbacks with 60–90 pip stops
Typical mistakes
- ▸Trading it during thin Asian hours
- ▸Ignoring simultaneous oil inventory releases
Related instruments
Analyse it in FX CURIO
Run an AI chart analysis on this instrument, size the position from your stop and check news and correlation risk before you click buy.