AUD/CAD

- CAD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	AUDCAD
ISIN:

AUD/CAD - Daily - Technical analysis published on 03/25/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Bearish

Technical indicators

83%

11%

My opinion

Bearish under 0.9660 CAD

My targets

0.9496 CAD (-0.0063)

0.9437 CAD (-0.0122)

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 0.9660 CAD, a sale could be considered. The first bearish objective is located at 0.9496 CAD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.9437 CAD as an objective. Crossing it would then enable sellers to target 0.9325 CAD. If the price were to return above 0.9660 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.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

6.8

Comment on the analysis

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:

Additional analysis

Quotes

The AUD/CAD price is 0.9559 CAD. On the day, this instrument gained +0.12% and was traded between 0.9535 CAD and 0.9578 CAD over the period. The price is currently at +0.25% from its lowest and -0.20% from its highest.

0.9535

0.9578

0.9559

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this AUD/CAD chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.9325	0.9437	0.9496	0.9559	0.9594	0.9660	0.9726
Change (%)	-2.45%	-1.28%	-0.66%	-	+0.37%	+1.06%	+1.75%
Change	-0.0234	-0.0122	-0.0063	-	+0.0035	+0.0101	+0.0167
Level	Minor	Minor	Intermediate	-	Minor	Intermediate	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
Standard	0.9469	0.9502	0.9525	0.9558	0.9581	0.9614	0.9637
Camarilla	0.9533	0.9538	0.9543	0.9548	0.9553	0.9558	0.9563
Woodie	0.9464	0.9500	0.9520	0.9556	0.9576	0.9612	0.9632
Fibonacci	0.9502	0.9523	0.9537	0.9558	0.9579	0.9593	0.9614

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9507	0.9558	0.9618	0.9669	0.9729	0.9780	0.9840
Camarilla	0.9648	0.9658	0.9668	0.9678	0.9688	0.9698	0.9709
Woodie	0.9512	0.9560	0.9623	0.9671	0.9734	0.9782	0.9845
Fibonacci	0.9558	0.9600	0.9627	0.9669	0.9711	0.9738	0.9780

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9410	0.9562	0.9689	0.9841	0.9968	1.0120	1.0247
Camarilla	0.9738	0.9764	0.9789	0.9815	0.9841	0.9866	0.9892
Woodie	0.9397	0.9556	0.9676	0.9835	0.9955	1.0114	1.0234
Fibonacci	0.9562	0.9669	0.9735	0.9841	0.9948	1.0014	1.0120

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	33.57
MACD (12,26,9):	-0.0062
Directional Movement:	-20.9326
AROON (14):	-71.4286
DEMA (21):	0.9624
Parabolic SAR (0,02-0,02-0,2):	0.9699
Elder Ray (13):	-0.0104
Super Trend (3,10):	0.9763
Zig ZAG (10):	0.9564
VORTEX (21):	0.7484
Stochastique (14,3,5):	5.76
TEMA (21):	0.9573
Williams %R (14):	-89.31
Chande Momentum Oscillator (20):	-0.0194
Repulse (5,40,3):	-0.6293
ROCnROLL:	2
TRIX (15,9):	-0.0675
Courbe Coppock:	3.65

MA7:	0.9632
MA20:	0.9712
MA50:	0.9786
MA100:	0.9714
MAexp7:	0.9616
MAexp20:	0.9696
MAexp50:	0.9741
MAexp100:	0.9698
Price / MA7:	-0.76%
Price / MA20:	-1.58%
Price / MA50:	-2.32%
Price / MA100:	-1.60%
Price / MAexp7:	-0.59%
Price / MAexp20:	-1.41%
Price / MAexp50:	-1.87%
Price / MAexp100:	-1.43%

Quotes : 2021-03-25 17:09:57 - Real time data - Forex

News

The last news published on AUD/CAD at the time of the generation of this analysis was as follows:

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

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