AUD/CAD
AUD CAD
- CAD (-)
- Real time data - Forex
Open: -
Change: -
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High: -
High / Low range: -
Type: Forex
Ticker: AUDCAD
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AUD/CAD - 1H - Technical analysis published on 01/16/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 0.8900 CAD
My targets
0.8941 CAD (+0.0024)
0.8963 CAD (+0.0046)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/CAD. As long as you are above the support located at 0.8900 CAD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.8941 CAD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.8963 CAD as an objective. Crossing it would then enable buyers to target 0.8994 CAD. If the support 0.8900 CAD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.9

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:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/CAD price is 0.8917 CAD. The price is lower by -0.16% since the last closing and was between 0.8896 CAD and 0.8946 CAD. This implies that the price is at +0.24% from its lowest and at -0.32% from its highest.

0.8896
0.8946
0.8917

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

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 bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.8855 0.8900 0.8914 0.8917 0.8941 0.8963 0.8994
Change (%) -0.70% -0.19% -0.03% - +0.27% +0.52% +0.86%
Change -0.0062 -0.0017 -0.0003 - +0.0024 +0.0046 +0.0077
Level Major Major Minor - Major Intermediate Minor



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
Standard0.88270.88500.88910.89140.89550.89780.9019
Camarilla0.89130.89190.89250.89310.89370.89430.8949
Woodie0.88350.88550.88990.89190.89630.89830.9027
Fibonacci0.88500.88750.88900.89140.89390.89540.8978


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.86410.87480.88050.89120.89690.90760.9133
Camarilla0.88180.88330.88480.88630.88780.88930.8908
Woodie0.86170.87360.87810.89000.89450.90640.9109
Fibonacci0.87480.88100.88490.89120.89740.90130.9076


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.85800.87380.88190.89770.90580.92160.9297
Camarilla0.88340.88560.88780.89000.89220.89440.8966
Woodie0.85420.87190.87810.89580.90200.91970.9259
Fibonacci0.87380.88290.88860.89770.90680.91250.9216

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): 49.14
MACD (12,26,9): 0.0004
Directional Movement: 5.2071
AROON (14): -35.7143
DEMA (21): 0.8927
Parabolic SAR (0,02-0,02-0,2): 0.8899
Elder Ray (13): 0
Super Trend (3,10): 0.8894
Zig ZAG (10): 0.8916
VORTEX (21): 0.9800
Stochastique (14,3,5): 56.00
TEMA (21): 0.8925
Williams %R (14): -60.00
Chande Momentum Oscillator (20): -0.0019
Repulse (5,40,3): -0.1689
ROCnROLL: -1
TRIX (15,9): 0.0092
Courbe Coppock: 0.06
MA7: 0.8905
MA20: 0.8938
MA50: 0.9035
MA100: 0.9112
MAexp7: 0.8923
MAexp20: 0.8920
MAexp50: 0.8910
MAexp100: 0.8906
Price / MA7: +0.13%
Price / MA20: -0.23%
Price / MA50: -1.31%
Price / MA100: -2.14%
Price / MAexp7: -0.07%
Price / MAexp20: -0.03%
Price / MAexp50: +0.08%
Price / MAexp100: +0.12%

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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