AUD/CAD - 1H - Technical analysis published on 09/02/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.9644 CAD
My targets
0.9574 CAD (-0.0017)
0.9499 CAD (-0.0092)
My analysis
In the short term, we can see an acceleration in the bearish trend on AUD/CAD, which is a positive signal for sellers. As long as the price remains above 0.9644 CAD, a sale could be considered. The first bearish objective is located at 0.9574 CAD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.9499 CAD as an objective. Crossing it would then enable sellers to target 0.9461 CAD. If the price were to return above 0.9644 CAD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5
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This analysis was given by pyxis2025. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/CAD rating 0.9591 CAD. On the day, this instrument lost -0.42% with the lowest point at 0.9577 CAD and the highest point at 0.9634 CAD. The deviation from the price is +0.15% for the low point and -0.45% for the high point.0.9577
0.9634
0.9591
Here is a more detailed summary of the historical variations registered by AUD/CAD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/CAD indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9423 | 0.9461 | 0.9499 | 0.9591 | 0.9594 | 0.9644 | 0.9663 |
| Change (%) | -1.75% | -1.36% | -0.96% | - | +0.03% | +0.55% | +0.75% |
| Change | -0.0168 | -0.0130 | -0.0092 | - | +0.0003 | +0.0053 | +0.0072 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9552 | 0.9573 | 0.9602 | 0.9623 | 0.9652 | 0.9673 | 0.9702 |
| Camarilla | 0.9617 | 0.9622 | 0.9626 | 0.9631 | 0.9636 | 0.9640 | 0.9645 |
| Woodie | 0.9556 | 0.9575 | 0.9606 | 0.9625 | 0.9656 | 0.9675 | 0.9706 |
| Fibonacci | 0.9573 | 0.9592 | 0.9604 | 0.9623 | 0.9642 | 0.9654 | 0.9673 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9269 | 0.9346 | 0.9497 | 0.9574 | 0.9725 | 0.9802 | 0.9953 |
| Camarilla | 0.9585 | 0.9606 | 0.9627 | 0.9648 | 0.9669 | 0.9690 | 0.9711 |
| Woodie | 0.9306 | 0.9365 | 0.9534 | 0.9593 | 0.9762 | 0.9821 | 0.9990 |
| Fibonacci | 0.9346 | 0.9433 | 0.9487 | 0.9574 | 0.9661 | 0.9715 | 0.9802 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9248 | 0.9336 | 0.9477 | 0.9565 | 0.9706 | 0.9794 | 0.9935 |
| Camarilla | 0.9556 | 0.9577 | 0.9598 | 0.9619 | 0.9640 | 0.9661 | 0.9682 |
| Woodie | 0.9276 | 0.9349 | 0.9505 | 0.9578 | 0.9734 | 0.9807 | 0.9963 |
| Fibonacci | 0.9336 | 0.9423 | 0.9477 | 0.9565 | 0.9652 | 0.9706 | 0.9794 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 33.25 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -14.8770 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 0.9597 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9622 | |
| Elder Ray (13): | -0.0017 | |
| Super Trend (3,10): | 0.9627 | |
| Zig ZAG (10): | 0.9586 | |
| VORTEX (21): | 0.8660 | |
| Stochastique (14,3,5): | 11.82 | |
| TEMA (21): | 0.9590 | |
| Williams %R (14): | -83.05 | |
| Chande Momentum Oscillator (20): | -0.0031 | |
| Repulse (5,40,3): | -0.0563 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0080 | |
| Courbe Coppock: | 0.67 |
| MA7: | 0.9574 | |
| MA20: | 0.9537 | |
| MA50: | 0.9507 | |
| MA100: | 0.9336 | |
| MAexp7: | 0.9595 | |
| MAexp20: | 0.9607 | |
| MAexp50: | 0.9611 | |
| MAexp100: | 0.9595 | |
| Price / MA7: | +0.18% | |
| Price / MA20: | +0.57% | |
| Price / MA50: | +0.88% | |
| Price / MA100: | +2.73% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.21% | |
| Price / MAexp100: | -0.04% |
Quotes :
2020-09-02 12:31:43
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Real time data
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Forex
News
The last news published on AUD/CAD at the time of the generation of this analysis was as follows:
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RBA Coverage: AUD/USD, AUD/JPY, AUD/CAD, AUD/NZD Outlook with Daniel Dubrovsky
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This member declared not having a position on this financial instrument or a related financial instrument.
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