AUD/CAD - 1H - Technical analysis published on 06/13/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 0.9112 CAD
My targets
0.9180 CAD (+0.0041)
0.9191 CAD (+0.0052)
My analysis
The basic bullish trend is very strong on AUD/CAD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.9112 CAD. Crossing the first resistance at 0.9180 CAD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.9191 CAD as an objective. Crossing it would then enable buyers to target 0.9511 CAD. Caution, a return to below 0.9112 CAD would be a sign of a consolidation phase in the short-term basic trend. 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.1
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Additional analysis
Quotes
AUD/CAD rating 0.9139 CAD. On the day, this instrument lost -0.03% and was traded between 0.9125 CAD and 0.9154 CAD over the period. The price is currently at +0.15% from its lowest and -0.16% from its highest.0.9125
0.9154
0.9139
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/CAD:
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 this 1H chart of AUD/CAD indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.9085 | 0.9112 | 0.9135 | 0.9139 | 0.9180 | 0.9191 | 0.9511 |
| Change (%) | -0.59% | -0.30% | -0.04% | - | +0.45% | +0.57% | +4.07% |
| Change | -0.0054 | -0.0027 | -0.0004 | - | +0.0041 | +0.0052 | +0.0372 |
| Level | Major | Major | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8983 | 0.9030 | 0.9086 | 0.9133 | 0.9189 | 0.9236 | 0.9292 |
| Camarilla | 0.9114 | 0.9123 | 0.9133 | 0.9142 | 0.9151 | 0.9161 | 0.9170 |
| Woodie | 0.8988 | 0.9032 | 0.9091 | 0.9135 | 0.9194 | 0.9238 | 0.9297 |
| Fibonacci | 0.9030 | 0.9069 | 0.9094 | 0.9133 | 0.9172 | 0.9197 | 0.9236 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8936 | 0.8991 | 0.9026 | 0.9081 | 0.9116 | 0.9171 | 0.9206 |
| Camarilla | 0.9037 | 0.9046 | 0.9054 | 0.9062 | 0.9070 | 0.9079 | 0.9087 |
| Woodie | 0.8927 | 0.8986 | 0.9017 | 0.9076 | 0.9107 | 0.9166 | 0.9197 |
| Fibonacci | 0.8991 | 0.9025 | 0.9046 | 0.9081 | 0.9115 | 0.9136 | 0.9171 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8725 | 0.8817 | 0.8942 | 0.9034 | 0.9159 | 0.9251 | 0.9376 |
| Camarilla | 0.9007 | 0.9027 | 0.9047 | 0.9067 | 0.9087 | 0.9107 | 0.9127 |
| Woodie | 0.8742 | 0.8825 | 0.8959 | 0.9042 | 0.9176 | 0.9259 | 0.9393 |
| Fibonacci | 0.8817 | 0.8900 | 0.8951 | 0.9034 | 0.9117 | 0.9168 | 0.9251 |
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): | 55.02 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 9.2237 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 0.9145 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9165 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 0.9170 | |
| Zig ZAG (10): | 0.9141 | |
| VORTEX (21): | 1.1268 | |
| Stochastique (14,3,5): | 16.36 | |
| TEMA (21): | 0.9141 | |
| Williams %R (14): | -70.91 | |
| Chande Momentum Oscillator (20): | 0.0001 | |
| Repulse (5,40,3): | 0.0766 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0159 | |
| Courbe Coppock: | 0.41 |
| MA7: | 0.9107 | |
| MA20: | 0.9089 | |
| MA50: | 0.9011 | |
| MA100: | 0.8927 | |
| MAexp7: | 0.9137 | |
| MAexp20: | 0.9135 | |
| MAexp50: | 0.9120 | |
| MAexp100: | 0.9108 | |
| Price / MA7: | +0.35% | |
| Price / MA20: | +0.55% | |
| Price / MA50: | +1.42% | |
| Price / MA100: | +2.37% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.34% |
Quotes :
-
Real time data
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Forex
News
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This member declared not having a position on this financial instrument or a related financial instrument.
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