AUD/CAD

- CAD (-)

- Real time data - Forex

Open:	-
Change:	-
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Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	AUDCAD
ISIN:

AUD/CAD - 1H - Technical analysis published on 01/15/2025 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

78%

11%

My opinion

Bearish under 0.8889 CAD

My targets

0.8855 CAD (-0.0025)

0.8830 CAD (-0.0050)

My analysis

The bearish trend is currently very strong for AUD/CAD. As long as the price remains below the resistance at 0.8889 CAD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.8855 CAD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.8830 CAD as an objective. Crossing it would then enable sellers to target 0.8750 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.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.1

Comment on the analysis

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/CAD price is 0.8880 CAD. The price is lower by -0.06% since the last closing and was between 0.8874 CAD and 0.8886 CAD. This implies that the price is at +0.07% from its lowest and at -0.07% from its highest.

0.8874

0.8886

0.8880

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AUD/CAD chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8750	0.8830	0.8855	0.8880	0.8889	0.8934	0.8963
Change (%)	-1.46%	-0.56%	-0.28%	-	+0.10%	+0.61%	+0.93%
Change	-0.0130	-0.0050	-0.0025	-	+0.0009	+0.0054	+0.0083
Level	Intermediate	Intermediate	Intermediate	-	Intermediate	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8831	0.8854	0.8869	0.8892	0.8907	0.8930	0.8945
Camarilla	0.8875	0.8878	0.8882	0.8885	0.8889	0.8892	0.8896
Woodie	0.8828	0.8852	0.8866	0.8890	0.8904	0.8928	0.8942
Fibonacci	0.8854	0.8868	0.8877	0.8892	0.8906	0.8915	0.8930

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8641	0.8748	0.8805	0.8912	0.8969	0.9076	0.9133
Camarilla	0.8818	0.8833	0.8848	0.8863	0.8878	0.8893	0.8908
Woodie	0.8617	0.8736	0.8781	0.8900	0.8945	0.9064	0.9109
Fibonacci	0.8748	0.8810	0.8849	0.8912	0.8974	0.9013	0.9076

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8580	0.8738	0.8819	0.8977	0.9058	0.9216	0.9297
Camarilla	0.8834	0.8856	0.8878	0.8900	0.8922	0.8944	0.8966
Woodie	0.8542	0.8719	0.8781	0.8958	0.9020	0.9197	0.9259
Fibonacci	0.8738	0.8829	0.8886	0.8977	0.9068	0.9125	0.9216

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):	43.76
MACD (12,26,9):	-0.0002
Directional Movement:	-2.0264
AROON (14):	-78.5714
DEMA (21):	0.8884
Parabolic SAR (0,02-0,02-0,2):	0.8896
Elder Ray (13):	-0.0005
Super Trend (3,10):	0.8874
Zig ZAG (10):	0.8879
VORTEX (21):	0.9342
Stochastique (14,3,5):	12.64
TEMA (21):	0.8881
Williams %R (14):	-86.21
Chande Momentum Oscillator (20):	-0.0013
Repulse (5,40,3):	-0.0970
ROCnROLL:	2
TRIX (15,9):	0.0005
Courbe Coppock:	0.26

MA7:	0.8903
MA20:	0.8943
MA50:	0.9039
MA100:	0.9114
MAexp7:	0.8882
MAexp20:	0.8885
MAexp50:	0.8887
MAexp100:	0.8896
Price / MA7:	-0.26%
Price / MA20:	-0.70%
Price / MA50:	-1.76%
Price / MA100:	-2.57%
Price / MAexp7:	-0.02%
Price / MAexp20:	-0.06%
Price / MAexp50:	-0.08%
Price / MAexp100:	-0.18%

Quotes : - Real time data - Forex

News

The latest news and videos published on AUD/CAD at the time of the analysis were as follows:

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

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