AUD/CAD - 1H - Technical analysis published on 09/30/2020 (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:
Neutral
De fond:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 0.9508 CAD
My targets
0.9547 CAD (+0.0015)
0.9576 CAD (+0.0044)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/CAD. As long as you are above the support located at 0.9508 CAD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.9547 CAD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.9576 CAD as an objective. Crossing it would then enable buyers to target 0.9615 CAD. If the support 0.9508 CAD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.6
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This analysis was given by Ahmed93. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CAD price is 0.9532 CAD. On the day, this instrument lost -0.34% with the lowest point at 0.9528 CAD and the highest point at 0.9567 CAD. The deviation from the price is +0.04% for the low point and -0.37% for the high point.0.9528
0.9567
0.9532
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 8 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9429 | 0.9456 | 0.9508 | 0.9532 | 0.9547 | 0.9576 | 0.9615 |
| Change (%) | -1.08% | -0.80% | -0.25% | - | +0.16% | +0.46% | +0.87% |
| Change | -0.0103 | -0.0076 | -0.0024 | - | +0.0015 | +0.0044 | +0.0083 |
| Level | Intermediate | Major | Minor | - | Minor | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9396 | 0.9429 | 0.9497 | 0.9530 | 0.9598 | 0.9631 | 0.9699 |
| Camarilla | 0.9536 | 0.9546 | 0.9555 | 0.9564 | 0.9573 | 0.9583 | 0.9592 |
| Woodie | 0.9413 | 0.9438 | 0.9514 | 0.9539 | 0.9615 | 0.9640 | 0.9716 |
| Fibonacci | 0.9429 | 0.9468 | 0.9492 | 0.9530 | 0.9569 | 0.9593 | 0.9631 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9052 | 0.9222 | 0.9316 | 0.9486 | 0.9580 | 0.9750 | 0.9844 |
| Camarilla | 0.9338 | 0.9363 | 0.9387 | 0.9411 | 0.9435 | 0.9459 | 0.9484 |
| Woodie | 0.9015 | 0.9203 | 0.9279 | 0.9467 | 0.9543 | 0.9731 | 0.9807 |
| Fibonacci | 0.9222 | 0.9323 | 0.9385 | 0.9486 | 0.9587 | 0.9649 | 0.9750 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.88 | |
| MACD (12,26,9): | 0.0010 | |
| Directional Movement: | 8.8476 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 0.9552 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9561 | |
| Elder Ray (13): | -0.0002 | |
| Super Trend (3,10): | 0.9518 | |
| Zig ZAG (10): | 0.9534 | |
| VORTEX (21): | 1.0237 | |
| Stochastique (14,3,5): | 25.64 | |
| TEMA (21): | 0.9544 | |
| Williams %R (14): | -87.18 | |
| Chande Momentum Oscillator (20): | -0.0013 | |
| Repulse (5,40,3): | -0.1479 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0233 | |
| Courbe Coppock: | 0.09 |
| MA7: | 0.9485 | |
| MA20: | 0.9549 | |
| MA50: | 0.9546 | |
| MA100: | 0.9440 | |
| MAexp7: | 0.9538 | |
| MAexp20: | 0.9536 | |
| MAexp50: | 0.9509 | |
| MAexp100: | 0.9495 | |
| Price / MA7: | +0.50% | |
| Price / MA20: | -0.18% | |
| Price / MA50: | -0.15% | |
| Price / MA100: | +0.97% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +0.39% |
Quotes :
2020-09-30 09:21:58
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Real time data
-
Forex
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This member declared not having a position on this financial instrument or a related financial instrument.
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