EUR/CAD - 1H - Technical analysis published on 05/15/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
61%
0%
39%
My opinion
Neutral between 1.5151 CAD and 1.5213 CAD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 1.5151 CAD. The first resistance is located at 1.5213 CAD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Remo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/CAD rating is 1.5197 CAD. The price has increased by +0.21% since the last closing with the lowest point at 1.5155 CAD and the highest point at 1.5200 CAD. The deviation from the price is +0.28% for the low point and -0.02% for the high point.1.5155
1.5200
1.5197
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/CAD:
Technical
Technical analysis of EUR/CAD in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.4894 | 1.5092 | 1.5151 | 1.5197 | 1.5213 | 1.5242 | 1.5280 |
| Change (%) | -1.99% | -0.69% | -0.30% | - | +0.11% | +0.30% | +0.55% |
| Change | -0.0303 | -0.0105 | -0.0046 | - | +0.0016 | +0.0045 | +0.0083 |
| Level | Major | Major | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5018 | 1.5086 | 1.5126 | 1.5194 | 1.5234 | 1.5302 | 1.5342 |
| Camarilla | 1.5135 | 1.5145 | 1.5155 | 1.5165 | 1.5175 | 1.5185 | 1.5195 |
| Woodie | 1.5003 | 1.5079 | 1.5111 | 1.5187 | 1.5219 | 1.5295 | 1.5327 |
| Fibonacci | 1.5086 | 1.5128 | 1.5153 | 1.5194 | 1.5236 | 1.5261 | 1.5302 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4534 | 1.4806 | 1.4951 | 1.5223 | 1.5368 | 1.5640 | 1.5785 |
| Camarilla | 1.4981 | 1.5020 | 1.5058 | 1.5096 | 1.5134 | 1.5173 | 1.5211 |
| Woodie | 1.4471 | 1.4774 | 1.4888 | 1.5191 | 1.5305 | 1.5608 | 1.5722 |
| Fibonacci | 1.4806 | 1.4965 | 1.5064 | 1.5223 | 1.5382 | 1.5481 | 1.5640 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4443 | 1.4748 | 1.5009 | 1.5314 | 1.5575 | 1.5880 | 1.6141 |
| Camarilla | 1.5115 | 1.5167 | 1.5219 | 1.5271 | 1.5323 | 1.5375 | 1.5427 |
| Woodie | 1.4422 | 1.4737 | 1.4988 | 1.5303 | 1.5554 | 1.5869 | 1.6120 |
| Fibonacci | 1.4748 | 1.4964 | 1.5098 | 1.5314 | 1.5530 | 1.5664 | 1.5880 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 52.00 | |
| MACD (12,26,9): | -0.0011 | |
| Directional Movement: | -2.5185 | |
| AROON (14): | 7.1428 | |
| DEMA (21): | 1.5171 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.5155 | |
| Elder Ray (13): | 0.0004 | |
| Super Trend (3,10): | 1.5222 | |
| Zig ZAG (10): | 1.5192 | |
| VORTEX (21): | 0.9255 | |
| Stochastique (14,3,5): | 69.94 | |
| TEMA (21): | 1.5170 | |
| Williams %R (14): | -4.76 | |
| Chande Momentum Oscillator (20): | 0.0018 | |
| Repulse (5,40,3): | 0.1861 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0143 | |
| Courbe Coppock: | 0.11 |
| MA7: | 1.5182 | |
| MA20: | 1.5241 | |
| MA50: | 1.5358 | |
| MA100: | 1.4959 | |
| MAexp7: | 1.5180 | |
| MAexp20: | 1.5187 | |
| MAexp50: | 1.5202 | |
| MAexp100: | 1.5204 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | -0.29% | |
| Price / MA50: | -1.05% | |
| Price / MA100: | +1.59% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | -0.05% |
News
The latest news and videos published on EUR/CAD at the time of the analysis were as follows:
-
Forex Analysis: EUR/USD, GBP/USD, EUR/CAD - Amana Capital
-
Why I'm looking to sell EURCAD: Coleman
-
EUR/CAD To Hold Steady
-
EUR/CAD Bullish Breakthrough
-
Bullish Divergence – EURCAD
This member declared not having a position on this financial instrument or a related financial instrument.
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