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 05/31/2024 (GMT)

  • 162
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
33%
39%
28%
My opinion
Neutral between 0.9047 CAD and 0.9080 CAD
My targets
-
My analysis
The short-term decline on AUD/CAD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 0.9047 CAD. The first resistance is located at 0.9080 CAD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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

Additional analysis

Quotes

AUD/CAD rating 0.9065 CAD. On the day, this instrument lost -0.08% and was between 0.9063 CAD and 0.9094 CAD. This implies that the price is at +0.02% from its lowest and at -0.32% from its highest.

0.9063
0.9094
0.9065

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

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 slightly bullish trend. 50.00% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


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



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


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 0.8931 0.9047 0.9061 0.9065 0.9068 0.9080 0.9092
Change (%) -1.48% -0.20% -0.04% - +0.03% +0.17% +0.30%
Change -0.0134 -0.0018 -0.0004 - +0.0003 +0.0015 +0.0027
Level Intermediate Major Minor - Major Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.90090.90290.90510.90710.90930.91130.9135
Camarilla0.90610.90640.90680.90720.90760.90800.9084
Woodie0.90090.90300.90510.90720.90930.91140.9135
Fibonacci0.90290.90450.90550.90710.90870.90970.9113


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): 50.64
MACD (12,26,9): 0.0001
Directional Movement: 6.6425
AROON (14): 42.8571
DEMA (21): 0.9075
Parabolic SAR (0,02-0,02-0,2): 0.9066
Elder Ray (13): 0.0006
Super Trend (3,10): 0.9059
Zig ZAG (10): 0.9071
VORTEX (21): 0.9594
Stochastique (14,3,5): 60.99
TEMA (21): 0.9076
Williams %R (14): -80.65
Chande Momentum Oscillator (20): -0.0006
Repulse (5,40,3): -0.2054
ROCnROLL: 2
TRIX (15,9): -0.0001
Courbe Coppock: 0.01
MA7: 0.9068
MA20: 0.9067
MA50: 0.8966
MA100: 0.8906
MAexp7: 0.9075
MAexp20: 0.9075
MAexp50: 0.9074
MAexp100: 0.9074
Price / MA7: -0.03%
Price / MA20: -0.02%
Price / MA50: +1.10%
Price / MA100: +1.79%
Price / MAexp7: -0.11%
Price / MAexp20: -0.11%
Price / MAexp50: -0.10%
Price / MAexp100: -0.10%

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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