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 04/24/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 14.162 MXN
My targets
14.072 MXN (-0.074)
13.942 MXN (-0.204)
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 CAD/MXN. As long as you are under the resistance located at 14.162 MXN, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 14.072 MXN would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 13.942 MXN as an objective. Crossing it would then enable sellers to target 13.580 MXN. If the resistance 14.162 MXN were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2

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:
15 min. Daily Weekly

Additional analysis

Quotes

The CAD/MXN rating is 14.146 MXN. On the day, this instrument lost -0.01% and was between 14.079 MXN and 14.165 MXN. This implies that the price is at +0.48% from its lowest and at -0.13% from its highest.

14.079
14.165
14.146

Here is a more detailed summary of the historical variations registered by CAD/MXN:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 CAD/MXN in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near resistance of channel

Type : Bearish

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 13.580 13.942 14.072 14.146 14.162 14.214 14.280
Change (%) -4.00% -1.44% -0.52% - +0.11% +0.48% +0.95%
Change -0.566 -0.204 -0.074 - +0.016 +0.068 +0.134
Level Minor Major Intermediate - Intermediate Intermediate Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.93414.00314.07514.14414.21614.28514.357
Camarilla14.10814.12114.13414.14714.16014.17314.186
Woodie13.93614.00414.07714.14514.21814.28614.359
Fibonacci14.00314.05714.09014.14414.19814.23114.285


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.64413.92514.08014.36114.51614.79714.952
Camarilla14.11514.15514.19514.23514.27514.31514.355
Woodie13.58113.89414.01714.33014.45314.76614.889
Fibonacci13.92514.09214.19414.36114.52814.63014.797


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.09413.44013.83414.18014.57414.92015.314
Camarilla14.02514.09214.16014.22814.29614.36414.432
Woodie13.11813.45213.85814.19214.59814.93215.338
Fibonacci13.44013.72313.89714.18014.46314.63714.920

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): 52.40
MACD (12,26,9): -0.0030
Directional Movement: -1.276
AROON (14): 28.571
DEMA (21): 14.131
Parabolic SAR (0,02-0,02-0,2): 14.152
Elder Ray (13): 0.007
Super Trend (3,10): 14.164
Zig ZAG (10): 14.147
VORTEX (21): 0.9730
Stochastique (14,3,5): 85.43
TEMA (21): 14.137
Williams %R (14): -11.69
Chande Momentum Oscillator (20): 0.015
Repulse (5,40,3): 0.0700
ROCnROLL: -1
TRIX (15,9): -0.0070
Courbe Coppock: 0.15
MA7: 14.223
MA20: 14.345
MA50: 14.233
MA100: 14.246
MAexp7: 14.139
MAexp20: 14.138
MAexp50: 14.154
MAexp100: 14.194
Price / MA7: -0.54%
Price / MA20: -1.39%
Price / MA50: -0.61%
Price / MA100: -0.70%
Price / MAexp7: +0.05%
Price / MAexp20: +0.06%
Price / MAexp50: -0.06%
Price / MAexp100: -0.34%

Quotes : - Real time data - Forex

News


The latest news and videos published on CAD/MXN 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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