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

CAD/NOK - 1H - Technical analysis published on 07/17/2025 (GMT)

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

Summary of the analysis

Trends
Short term: Bearish
Underlying: Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 7.4692 NOK
My targets
7.5206 NOK (+0.0311)
7.5609 NOK (+0.0714)
My analysis
The basic trend is bullish on CAD/NOK and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 7.4692 NOK. Sellers would then use the next support located at 7.4278 NOK as an objective. Crossing it would then enable sellers to target 7.4130 NOK. If there is a return to above the resistance located at 7.5206 NOK, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 7.5609 NOK and 7.6654 NOK by extension.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.7

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/NOK price is 7.4895 NOK. The price registered a decrease of -0.03% on the session with the lowest point at 7.4851 NOK and the highest point at 7.5190 NOK. The deviation from the price is +0.06% for the low point and -0.39% for the high point.

7.4851
7.5190
7.4895

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


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/NOK in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2 (Daily)

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Pivot points : price is over resistance 2 (Weekly)

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2 (Monthly)

Type : Neutral

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.4130 7.4278 7.4848 7.4895 7.5206 7.6654 7.7258
Change (%) -1.02% -0.82% -0.06% - +0.42% +2.35% +3.16%
Change -0.0765 -0.0617 -0.0047 - +0.0311 +0.1759 +0.2363
Level Intermediate Intermediate Minor - Intermediate Major Minor



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
Standard7.37907.41307.45257.48657.52607.56007.5995
Camarilla7.47177.47847.48527.49197.49867.50547.5121
Woodie7.38177.41447.45527.48797.52877.56147.6022
Fibonacci7.41307.44117.45857.48657.51467.53207.5600


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.27457.31147.35347.39037.43237.46927.5112
Camarilla7.37367.38087.38817.39537.40257.40987.4170
Woodie7.27707.31277.35597.39167.43487.47057.5137
Fibonacci7.31147.34167.36027.39037.42057.43917.4692


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.10697.18257.29617.37177.48537.56097.6745
Camarilla7.35767.37497.39237.40967.42697.44437.4616
Woodie7.12587.19207.31507.38127.50427.57047.6934
Fibonacci7.18257.25487.29957.37177.44407.48877.5609

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): 47.08
MACD (12,26,9): 0.0031
Directional Movement: -4.7611
AROON (14): -57.1429
DEMA (21): 7.5042
Parabolic SAR (0,02-0,02-0,2): 7.4838
Elder Ray (13): -0.0046
Super Trend (3,10): 7.4747
Zig ZAG (10): 7.4938
VORTEX (21): 1.0092
Stochastique (14,3,5): 28.46
TEMA (21): 7.4992
Williams %R (14): -97.36
Chande Momentum Oscillator (20): -0.0113
Repulse (5,40,3): -0.1781
ROCnROLL: -1
TRIX (15,9): 0.0099
Courbe Coppock: 0.03
MA7: 7.4277
MA20: 7.3999
MA50: 7.3816
MA100: 7.4429
MAexp7: 7.4986
MAexp20: 7.4988
MAexp50: 7.4847
MAexp100: 7.4609
Price / MA7: +0.83%
Price / MA20: +1.21%
Price / MA50: +1.46%
Price / MA100: +0.63%
Price / MAexp7: -0.12%
Price / MAexp20: -0.12%
Price / MAexp50: +0.06%
Price / MAexp100: +0.38%

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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