AUD/CAD - 15 min. - Technical analysis published on 06/20/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 0.9054 CAD
My targets
0.8990 CAD (-0.0004)
0.8956 CAD (-0.0038)
My analysis
The bearish trend is currently very strong for AUD/CAD. As long as the price remains below the resistance at 0.9054 CAD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.8990 CAD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.8956 CAD as an objective. Crossing it would then enable sellers to target 0.8945 CAD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.2
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This analysis was given by Dorontin2002. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CAD rating is 0.8994 CAD. On the day, this instrument lost -0.61% with the lowest point at 0.8990 CAD and the highest point at 0.9052 CAD. The deviation from the price is +0.04% for the low point and -0.64% for the high point.0.8990
0.9052
0.8994
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/CAD in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
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 : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.8893 | 0.8928 | 0.8945 | 0.8994 | 0.8995 | 0.9025 | 0.9064 |
| Change (%) | -1.12% | -0.73% | -0.54% | - | +0.01% | +0.34% | +0.78% |
| Change | -0.0101 | -0.0066 | -0.0049 | - | +0.0001 | +0.0031 | +0.0070 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Major | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8956 | 0.8990 | 0.9020 | 0.9054 | 0.9084 | 0.9118 | 0.9148 |
| Camarilla | 0.9031 | 0.9037 | 0.9043 | 0.9049 | 0.9055 | 0.9061 | 0.9067 |
| Woodie | 0.8953 | 0.8989 | 0.9017 | 0.9053 | 0.9081 | 0.9117 | 0.9145 |
| Fibonacci | 0.8990 | 0.9015 | 0.9030 | 0.9054 | 0.9079 | 0.9094 | 0.9118 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8858 | 0.8920 | 0.8994 | 0.9056 | 0.9130 | 0.9192 | 0.9266 |
| Camarilla | 0.9032 | 0.9044 | 0.9057 | 0.9069 | 0.9082 | 0.9094 | 0.9106 |
| Woodie | 0.8865 | 0.8923 | 0.9001 | 0.9059 | 0.9137 | 0.9195 | 0.9273 |
| Fibonacci | 0.8920 | 0.8972 | 0.9004 | 0.9056 | 0.9108 | 0.9140 | 0.9192 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8380 | 0.8582 | 0.8704 | 0.8906 | 0.9028 | 0.9230 | 0.9352 |
| Camarilla | 0.8738 | 0.8768 | 0.8797 | 0.8827 | 0.8857 | 0.8886 | 0.8916 |
| Woodie | 0.8341 | 0.8562 | 0.8665 | 0.8886 | 0.8989 | 0.9210 | 0.9313 |
| Fibonacci | 0.8582 | 0.8705 | 0.8782 | 0.8906 | 0.9029 | 0.9106 | 0.9230 |
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): | 18.84 | |
| MACD (12,26,9): | -0.0013 | |
| Directional Movement: | -34.0728 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 0.9010 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9034 | |
| Elder Ray (13): | -0.0024 | |
| Super Trend (3,10): | 0.9022 | |
| Zig ZAG (10): | 0.8994 | |
| VORTEX (21): | 0.6765 | |
| Stochastique (14,3,5): | 7.13 | |
| TEMA (21): | 0.9000 | |
| Williams %R (14): | -90.32 | |
| Chande Momentum Oscillator (20): | -0.0053 | |
| Repulse (5,40,3): | -0.1040 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0115 | |
| Courbe Coppock: | 0.98 |
| MA7: | 0.9043 | |
| MA20: | 0.8947 | |
| MA50: | 0.8989 | |
| MA100: | 0.9082 | |
| MAexp7: | 0.9005 | |
| MAexp20: | 0.9025 | |
| MAexp50: | 0.9037 | |
| MAexp100: | 0.9045 | |
| Price / MA7: | -0.54% | |
| Price / MA20: | +0.53% | |
| Price / MA50: | +0.06% | |
| Price / MA100: | -0.97% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | -0.34% | |
| Price / MAexp50: | -0.48% | |
| Price / MAexp100: | -0.56% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on AUD/CAD. At the time of publication of this analysis, the latest news was as follows:
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