AUD/CAD
AUD CAD
- CAD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDCAD
ISIN:

AUD/CAD - 1H - Technical analysis published on 02/09/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 0.9800 CAD
My targets
0.9852 CAD (+0.0022)
0.9950 CAD (+0.0120)
My analysis
AUD/CAD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.9800 CAD. The next resistance located at 0.9852 CAD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.9950 CAD. After this resistance, buyers could then target 1.0337 CAD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/CAD rating is 0.9830 CAD. The price registered an increase of +0.10% on the session and was between 0.9814 CAD and 0.9850 CAD. This implies that the price is at +0.16% from its lowest and at -0.20% from its highest.

0.9814
0.9850
0.9830

Here is a more detailed summary of the historical variations registered by AUD/CAD:

Technical


Technical analysis of this 1H chart of AUD/CAD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.9773 0.9800 0.9825 0.9830 0.9839 0.9852 1.0337
Change (%) -0.58% -0.31% -0.05% - +0.09% +0.22% +5.16%
Change -0.0057 -0.0030 -0.0005 - +0.0009 +0.0022 +0.0507
Level Intermediate Minor Minor - Minor Major Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.97160.97450.97820.98110.98480.98770.9914
Camarilla0.98020.98080.98140.98200.98260.98320.9838
Woodie0.97210.97470.97870.98130.98530.98790.9919
Fibonacci0.97450.97700.97860.98110.98360.98520.9877


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.96200.96680.97300.97780.98400.98880.9950
Camarilla0.97630.97730.97830.97930.98030.98130.9823
Woodie0.96280.96720.97380.97820.98480.98920.9958
Fibonacci0.96680.97100.97360.97780.98200.98460.9888


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.95780.96690.97190.98100.98600.99511.0001
Camarilla0.97300.97430.97560.97690.97820.97950.9808
Woodie0.95580.96590.96990.98000.98400.99410.9981
Fibonacci0.96690.97230.97560.98100.98640.98970.9951

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): 55.25
MACD (12,26,9): 0.0008
Directional Movement: -0.3570
AROON (14): 42.8571
DEMA (21): 0.9838
Parabolic SAR (0,02-0,02-0,2): 0.9817
Elder Ray (13): 0.0001
Super Trend (3,10): 0.9811
Zig ZAG (10): 0.9832
VORTEX (21): 1.0364
Stochastique (14,3,5): 73.33
TEMA (21): 0.9837
Williams %R (14): -57.14
Chande Momentum Oscillator (20): -0.0005
Repulse (5,40,3): -0.0156
ROCnROLL: -1
TRIX (15,9): 0.0132
Courbe Coppock: 0.20
MA7: 0.9783
MA20: 0.9805
MA50: 0.9739
MA100: 0.9603
MAexp7: 0.9832
MAexp20: 0.9827
MAexp50: 0.9809
MAexp100: 0.9793
Price / MA7: +0.48%
Price / MA20: +0.25%
Price / MA50: +0.93%
Price / MA100: +2.36%
Price / MAexp7: -0.02%
Price / MAexp20: +0.03%
Price / MAexp50: +0.21%
Price / MAexp100: +0.38%

Quotes : 2021-02-09 15:56:48 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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