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)

Londinia

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

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

2.1

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

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.

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:

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:

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:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
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
Standard	13.934	13.995	14.063	14.124	14.192	14.253	14.321
Camarilla	14.096	14.107	14.119	14.131	14.143	14.155	14.167
Woodie	13.938	13.997	14.067	14.126	14.196	14.255	14.325
Fibonacci	13.995	14.044	14.075	14.124	14.173	14.204	14.253

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.559	13.808	13.969	14.218	14.379	14.628	14.789
Camarilla	14.018	14.056	14.093	14.131	14.169	14.206	14.244
Woodie	13.516	13.786	13.926	14.196	14.336	14.606	14.746
Fibonacci	13.808	13.964	14.061	14.218	14.374	14.471	14.628

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.307	13.619	14.049	14.361	14.791	15.103	15.533
Camarilla	14.274	14.342	14.410	14.478	14.546	14.614	14.682
Woodie	13.365	13.649	14.107	14.391	14.849	15.133	15.591
Fibonacci	13.619	13.903	14.078	14.361	14.645	14.820	15.103

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:

FX Closing Bell April 25, Trump’s Tough Tariff Talk Awakens CAD & MXN Bears

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

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Londinia AI

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