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CAD/MXN
CAD MXN
- MXN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CADMXN
ISIN:

CAD/MXN - 1H - Technical analysis published on 01/27/2025 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
67%
11%
22%
My opinion
Bullish above 14.136 MXN
My targets
14.288 MXN (+0.087)
14.379 MXN (+0.178)
My analysis
The strong short-term increase in CAD/MXN calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 14.136 MXN, you could consider taking advantage of the short-term movement. The first bullish objective is located at 14.288 MXN. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14.379 MXN as an objective. Crossing it would then enable buyers to target 14.488 MXN. Caution, a return under 14.136 MXN could jeopardize the reversal.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.1

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CAD/MXN rating 14.201 MXN. On the day, this instrument gained +0.50% and was between 14.146 MXN and 14.270 MXN. This implies that the price is at +0.39% from its lowest and at -0.48% from its highest.

14.146
14.270
14.201

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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 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 CAD/MXN chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.942 14.056 14.136 14.201 14.288 14.488 14.535
Change (%) -1.82% -1.02% -0.46% - +0.61% +2.02% +2.35%
Change -0.259 -0.145 -0.065 - +0.087 +0.287 +0.334
Level Major Intermediate Minor - Intermediate Major 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
Standard13.93413.99514.06314.12414.19214.25314.321
Camarilla14.09614.10714.11914.13114.14314.15514.167
Woodie13.93813.99714.06714.12614.19614.25514.325
Fibonacci13.99514.04414.07514.12414.17314.20414.253


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.55913.80813.96914.21814.37914.62814.789
Camarilla14.01814.05614.09314.13114.16914.20614.244
Woodie13.51613.78613.92614.19614.33614.60614.746
Fibonacci13.80813.96414.06114.21814.37414.47114.628


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.30713.61914.04914.36114.79115.10315.533
Camarilla14.27414.34214.41014.47814.54614.61414.682
Woodie13.36513.64914.10714.39114.84915.13315.591
Fibonacci13.61913.90314.07814.36114.64514.82015.103

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): 56.62
MACD (12,26,9): 0.0100
Directional Movement: 11.079
AROON (14): 64.286
DEMA (21): 14.176
Parabolic SAR (0,02-0,02-0,2): 14.150
Elder Ray (13): 0.021
Super Trend (3,10): 14.106
Zig ZAG (10): 14.197
VORTEX (21): 1.0390
Stochastique (14,3,5): 71.03
TEMA (21): 14.202
Williams %R (14): -34.58
Chande Momentum Oscillator (20): 0.079
Repulse (5,40,3): -0.2040
ROCnROLL: -1
TRIX (15,9): -0.0030
Courbe Coppock: 1.09
MA7: 14.263
MA20: 14.292
MA50: 14.317
MA100: 14.359
MAexp7: 14.195
MAexp20: 14.169
MAexp50: 14.188
MAexp100: 14.235
Price / MA7: -0.43%
Price / MA20: -0.64%
Price / MA50: -0.81%
Price / MA100: -1.10%
Price / MAexp7: +0.04%
Price / MAexp20: +0.23%
Price / MAexp50: +0.09%
Price / MAexp100: -0.24%

Quotes : - Real time data - Forex

News


The last news published on CAD/MXN 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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