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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 05/28/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 0.9087 CAD
My targets
0.9063 CAD (-0.0008)
0.9047 CAD (-0.0024)
My analysis
There is a bearish trend on AUD/CAD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.9087 CAD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.9063 CAD. Then the price could move towards 0.9047 CAD. Then 0.8931 CAD by extension. Be careful, a return to above the resistance 0.9087 CAD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.4

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.

dtaccori
This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/CAD rating 0.9071 CAD. The price registered an increase of +0.00% on the session and was traded between 0.9068 CAD and 0.9087 CAD over the period. The price is currently at +0.03% from its lowest and -0.18% from its highest.

0.9068
0.9087
0.9071

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:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

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 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.9055 0.9063 0.9069 0.9071 0.9087 0.9112 0.9119
Change (%) -0.18% -0.09% -0.02% - +0.18% +0.45% +0.53%
Change -0.0016 -0.0008 -0.0002 - +0.0016 +0.0041 +0.0048
Level Intermediate Minor Major - 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
Standard0.90260.90380.90550.90670.90840.90960.9113
Camarilla0.90630.90660.90680.90710.90740.90760.9079
Woodie0.90280.90390.90570.90680.90860.90970.9115
Fibonacci0.90380.90490.90560.90670.90780.90850.9096


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.89500.89990.90280.90770.91060.91550.9184
Camarilla0.90360.90430.90500.90570.90640.90710.9079
Woodie0.89400.89940.90180.90720.90960.91500.9174
Fibonacci0.89990.90290.90470.90770.91070.91250.9155


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.85750.86780.88000.89030.90250.91280.9250
Camarilla0.88590.88800.89000.89210.89420.89620.8983
Woodie0.85840.86830.88090.89080.90340.91330.9259
Fibonacci0.86780.87640.88170.89030.89890.90420.9128

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): 46.46
MACD (12,26,9): 0.0002
Directional Movement: -4.3207
AROON (14): 42.8572
DEMA (21): 0.9078
Parabolic SAR (0,02-0,02-0,2): 0.9086
Elder Ray (13): -0.0003
Super Trend (3,10): 0.9065
Zig ZAG (10): 0.9071
VORTEX (21): 0.9779
Stochastique (14,3,5): 31.58
TEMA (21): 0.9077
Williams %R (14): -84.21
Chande Momentum Oscillator (20): -0.0003
Repulse (5,40,3): -0.0945
ROCnROLL: 2
TRIX (15,9): 0.0039
Courbe Coppock: 0.05
MA7: 0.9072
MA20: 0.9055
MA50: 0.8955
MA100: 0.8903
MAexp7: 0.9076
MAexp20: 0.9075
MAexp50: 0.9072
MAexp100: 0.9073
Price / MA7: -0.01%
Price / MA20: +0.18%
Price / MA50: +1.30%
Price / MA100: +1.89%
Price / MAexp7: -0.06%
Price / MAexp20: -0.04%
Price / MAexp50: -0.01%
Price / MAexp100: -0.02%

Quotes : - Real time data - 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:

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

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