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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 05/30/2024 (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: Strongly bullish
Underlying: Bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 0.9067 CAD
My targets
0.9099 CAD (+0.0021)
0.9112 CAD (+0.0034)
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 0.9067 CAD. The next resistance located at 0.9099 CAD is the next bullish target 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 0.9112 CAD. After this resistance, buyers could then target 0.9119 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.

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

The AUD/CAD price is 0.9078 CAD. On the day, this instrument gained +0.07% and was traded between 0.9050 CAD and 0.9092 CAD over the period. The price is currently at +0.31% from its lowest and -0.15% from its highest.

0.9050
0.9092
0.9078

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


A technical analysis in 1H of this AUD/CAD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a slightly bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

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

Central Indicators

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.9055 0.9061 0.9067 0.9078 0.9087 0.9099 0.9112
Change (%) -0.25% -0.19% -0.12% - +0.10% +0.23% +0.37%
Change -0.0023 -0.0017 -0.0011 - +0.0009 +0.0021 +0.0034
Level Minor Minor Major - Intermediate Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.90180.90390.90560.90770.90940.91150.9132
Camarilla0.90620.90650.90690.90720.90760.90790.9083
Woodie0.90150.90380.90530.90760.90910.91140.9129
Fibonacci0.90390.90540.90630.90770.90920.91010.9115


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

Technical indicators
Moving averages

RSI (14): 53.24
MACD (12,26,9): 0.0002
Directional Movement: 4.9235
AROON (14): 57.1428
DEMA (21): 0.9077
Parabolic SAR (0,02-0,02-0,2): 0.9074
Elder Ray (13): 0.0002
Super Trend (3,10): 0.9086
Zig ZAG (10): 0.9076
VORTEX (21): 1.0550
Stochastique (14,3,5): 68.25
TEMA (21): 0.9079
Williams %R (14): -38.10
Chande Momentum Oscillator (20): 0.0016
Repulse (5,40,3): -0.0141
ROCnROLL: 1
TRIX (15,9): 0.0010
Courbe Coppock: 0.25
MA7: 0.9068
MA20: 0.9065
MA50: 0.8962
MA100: 0.8905
MAexp7: 0.9078
MAexp20: 0.9075
MAexp50: 0.9074
MAexp100: 0.9074
Price / MA7: +0.11%
Price / MA20: +0.14%
Price / MA50: +1.29%
Price / MA100: +1.94%
Price / MAexp7: -0%
Price / MAexp20: +0.03%
Price / MAexp50: +0.04%
Price / MAexp100: +0.04%

Quotes : - Real time data - Forex

News


The last news published on AUD/CAD at the time of the generation of this analysis was as follows:

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

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