AUD/CAD - 1H - Technical analysis published on 12/07/2022 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.9156 CAD
My targets
0.9191 CAD (+0.0024)
0.9239 CAD (+0.0072)
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 0.9156 CAD. The next resistance located at 0.9191 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 0.9239 CAD. After this resistance, buyers could then target 0.9365 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.
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
8
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This analysis was given by Ahmadjdid. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/CAD rating 0.9167 CAD. The price has increased by +0.27% since the last closing and was between 0.9125 CAD and 0.9183 CAD. This implies that the price is at +0.46% from its lowest and at -0.17% from its highest.0.9125
0.9183
0.9167
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
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 1H of this AUD/CAD chart shows a strongly bullish trend. 85.71% 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.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9099 | 0.9130 | 0.9156 | 0.9167 | 0.9191 | 0.9365 | 0.9473 |
| Change (%) | -0.74% | -0.40% | -0.12% | - | +0.26% | +2.16% | +3.34% |
| Change | -0.0068 | -0.0037 | -0.0011 | - | +0.0024 | +0.0198 | +0.0306 |
| Level | Major | Minor | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9033 | 0.9070 | 0.9106 | 0.9143 | 0.9179 | 0.9216 | 0.9252 |
| Camarilla | 0.9122 | 0.9129 | 0.9135 | 0.9142 | 0.9149 | 0.9155 | 0.9162 |
| Woodie | 0.9033 | 0.9070 | 0.9106 | 0.9143 | 0.9179 | 0.9216 | 0.9252 |
| Fibonacci | 0.9070 | 0.9098 | 0.9115 | 0.9143 | 0.9171 | 0.9188 | 0.9216 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8777 | 0.8867 | 0.9008 | 0.9098 | 0.9239 | 0.9329 | 0.9470 |
| Camarilla | 0.9085 | 0.9106 | 0.9127 | 0.9148 | 0.9169 | 0.9190 | 0.9212 |
| Woodie | 0.8802 | 0.8880 | 0.9033 | 0.9111 | 0.9264 | 0.9342 | 0.9495 |
| Fibonacci | 0.8867 | 0.8956 | 0.9010 | 0.9098 | 0.9187 | 0.9241 | 0.9329 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8294 | 0.8465 | 0.8793 | 0.8964 | 0.9292 | 0.9463 | 0.9791 |
| Camarilla | 0.8984 | 0.9030 | 0.9075 | 0.9121 | 0.9167 | 0.9213 | 0.9258 |
| Woodie | 0.8373 | 0.8504 | 0.8872 | 0.9003 | 0.9371 | 0.9502 | 0.9870 |
| Fibonacci | 0.8465 | 0.8656 | 0.8773 | 0.8964 | 0.9155 | 0.9272 | 0.9463 |
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): | 57.11 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 10.7403 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 0.9152 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9130 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 0.9117 | |
| Zig ZAG (10): | 0.9164 | |
| VORTEX (21): | 1.0321 | |
| Stochastique (14,3,5): | 64.94 | |
| TEMA (21): | 0.9156 | |
| Williams %R (14): | -32.76 | |
| Chande Momentum Oscillator (20): | 0.0035 | |
| Repulse (5,40,3): | 0.2422 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0031 | |
| Courbe Coppock: | 0.29 |
| MA7: | 0.9132 | |
| MA20: | 0.9007 | |
| MA50: | 0.8836 | |
| MA100: | 0.8890 | |
| MAexp7: | 0.9155 | |
| MAexp20: | 0.9147 | |
| MAexp50: | 0.9142 | |
| MAexp100: | 0.9133 | |
| Price / MA7: | +0.38% | |
| Price / MA20: | +1.78% | |
| Price / MA50: | +3.75% | |
| Price / MA100: | +3.12% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.22% | |
| Price / MAexp50: | +0.27% | |
| Price / MAexp100: | +0.37% |
Quotes :
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Real time data
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Forex
News
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