AUD/CAD
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 10/28/2021 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.9191 CAD
My targets
0.9350 CAD (+0.0055)
0.9586 CAD (+0.0291)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on AUD/CAD as long as the price remains well above 0.9191 CAD. The buyers' bullish objective is set at 0.9350 CAD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9586 CAD. If there is any crossing, the next objective would be the resistance located at 0.9740 CAD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5

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. 1H Weekly

Additional analysis

Quotes

AUD/CAD rating 0.9295 CAD. The price has increased by +0.19% since the last closing with the lowest point at 0.9259 CAD and the highest point at 0.9307 CAD. The deviation from the price is +0.39% for the low point and -0.13% for the high point.

0.9259
0.9307
0.9295

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this AUD/CAD chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish 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.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily


CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

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

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.9119 0.9191 0.9279 0.9295 0.9350 0.9586 0.9740
Change (%) -1.89% -1.12% -0.17% - +0.59% +3.13% +4.79%
Change -0.0176 -0.0104 -0.0016 - +0.0055 +0.0291 +0.0445
Level Intermediate Major Intermediate - Major Major Minor



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
Standard0.91510.92000.92390.92880.93270.93760.9415
Camarilla0.92530.92610.92690.92770.92850.92930.9301
Woodie0.91450.91980.92330.92860.93210.93740.9409
Fibonacci0.92000.92340.92550.92880.93220.93430.9376


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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 60.38
MACD (12,26,9): 0.0018
Directional Movement: 10.4633
AROON (14): 85.7142
DEMA (21): 0.9248
Parabolic SAR (0,02-0,02-0,2): 0.9203
Elder Ray (13): 0.0039
Super Trend (3,10): 0.9139
Zig ZAG (10): 0.9294
VORTEX (21): 1.1046
Stochastique (14,3,5): 84.88
TEMA (21): 0.9274
Williams %R (14): -17.95
Chande Momentum Oscillator (20): 0.0146
Repulse (5,40,3): 0.3520
ROCnROLL: 1
TRIX (15,9): 0.0011
Courbe Coppock: 2.26
MA7: 0.9269
MA20: 0.9207
MA50: 0.9229
MA100: 0.9255
MAexp7: 0.9267
MAexp20: 0.9233
MAexp50: 0.9234
MAexp100: 0.9279
Price / MA7: +0.28%
Price / MA20: +0.96%
Price / MA50: +0.72%
Price / MA100: +0.43%
Price / MAexp7: +0.30%
Price / MAexp20: +0.67%
Price / MAexp50: +0.66%
Price / MAexp100: +0.17%

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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