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 10/27/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.9302 CAD
My targets
0.9264 CAD (-0.0022)
0.9228 CAD (-0.0058)
My analysis
The strong short-term decline in AUD/CAD calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 0.9302 CAD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 0.9264 CAD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.9228 CAD as an objective. Crossing it would then enable sellers to target 0.9191 CAD. Be careful, a return to above 0.9302 CAD could jeopardize the reversal.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.3

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 pyxis2025. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/CAD rating 0.9286 CAD. The price registered a decrease of -0.25% on the session and was traded between 0.9250 CAD and 0.9338 CAD over the period. The price is currently at +0.39% from its lowest and -0.56% from its highest.

0.9250
0.9338
0.9286

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AUD/CAD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.9228 0.9264 0.9279 0.9286 0.9302 0.9350 0.9586
Change (%) -0.62% -0.24% -0.08% - +0.17% +0.69% +3.23%
Change -0.0058 -0.0022 -0.0007 - +0.0016 +0.0064 +0.0300
Level Intermediate Intermediate Intermediate - Minor Minor 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
Standard0.92480.92600.92850.92970.93220.93340.9359
Camarilla0.92990.93020.93060.93090.93120.93160.9319
Woodie0.92540.92630.92910.93000.93280.93370.9365
Fibonacci0.92600.92750.92830.92970.93120.93200.9334


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.90340.90910.91640.92210.92940.93510.9424
Camarilla0.92000.92120.92240.92360.92480.92600.9272
Woodie0.90410.90950.91710.92250.93010.93550.9431
Fibonacci0.90910.91410.91720.92210.92710.93020.9351


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.88480.89960.90820.92300.93160.94640.9550
Camarilla0.91050.91260.91480.91690.91910.92120.9233
Woodie0.88180.89810.90520.92150.92860.94490.9520
Fibonacci0.89960.90850.91400.92300.93190.93740.9464

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): 46.01
MACD (12,26,9): -0.0004
Directional Movement: -9.1358
AROON (14): -14.2857
DEMA (21): 0.9294
Parabolic SAR (0,02-0,02-0,2): 0.9323
Elder Ray (13): -0.0006
Super Trend (3,10): 0.9328
Zig ZAG (10): 0.9288
VORTEX (21): 0.8982
Stochastique (14,3,5): 46.21
TEMA (21): 0.9286
Williams %R (14): -56.82
Chande Momentum Oscillator (20): -0.0033
Repulse (5,40,3): -0.0264
ROCnROLL: 2
TRIX (15,9): -0.0022
Courbe Coppock: 0.60
MA7: 0.9262
MA20: 0.9201
MA50: 0.9227
MA100: 0.9256
MAexp7: 0.9290
MAexp20: 0.9297
MAexp50: 0.9293
MAexp100: 0.9278
Price / MA7: +0.26%
Price / MA20: +0.92%
Price / MA50: +0.64%
Price / MA100: +0.32%
Price / MAexp7: -0.04%
Price / MAexp20: -0.12%
Price / MAexp50: -0.08%
Price / MAexp100: +0.09%

Quotes : - Real time data - Forex

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

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