USD/CAD - 15 min. - Technical analysis published on 07/25/2022 (GMT)
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- Timeframe : 15 min.
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 1.2889 CAD
My targets
1.2956 CAD (+0.0032)
1.2995 CAD (+0.0071)
My analysis
The basic trend is bullish on USD/CAD 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 1.2889 CAD. Sellers would then use the next support located at 1.2850 CAD as an objective. Crossing it would then enable sellers to target 1.2783 CAD. If there is a return to above the resistance located at 1.2956 CAD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 1.2995 CAD and 1.3062 CAD by extension.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
0.9
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This analysis was given by amira1003. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/CAD rating is 1.2924 CAD. On the day, this instrument gained +0.05% and was between 1.2912 CAD and 1.2947 CAD. This implies that the price is at +0.09% from its lowest and at -0.18% from its highest.1.2912
1.2947
1.2924
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by USD/CAD:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this USD/CAD chart shows a bullish trend. 64.29% 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. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2822 | 1.2857 | 1.2898 | 1.2924 | 1.2937 | 1.2989 | 1.3034 |
| Change (%) | -0.79% | -0.52% | -0.20% | - | +0.10% | +0.50% | +0.85% |
| Change | -0.0102 | -0.0067 | -0.0026 | - | +0.0013 | +0.0065 | +0.0110 |
| Level | Minor | Major | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2744 | 1.2783 | 1.2850 | 1.2889 | 1.2956 | 1.2995 | 1.3062 |
| Camarilla | 1.2888 | 1.2898 | 1.2907 | 1.2917 | 1.2927 | 1.2936 | 1.2946 |
| Woodie | 1.2758 | 1.2790 | 1.2864 | 1.2896 | 1.2970 | 1.3002 | 1.3076 |
| Fibonacci | 1.2783 | 1.2824 | 1.2849 | 1.2889 | 1.2930 | 1.2955 | 1.2995 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2612 | 1.2717 | 1.2817 | 1.2922 | 1.3022 | 1.3127 | 1.3227 |
| Camarilla | 1.2861 | 1.2879 | 1.2898 | 1.2917 | 1.2936 | 1.2955 | 1.2973 |
| Woodie | 1.2610 | 1.2716 | 1.2815 | 1.2921 | 1.3020 | 1.3126 | 1.3225 |
| Fibonacci | 1.2717 | 1.2795 | 1.2844 | 1.2922 | 1.3000 | 1.3049 | 1.3127 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2007 | 1.2262 | 1.2568 | 1.2823 | 1.3129 | 1.3384 | 1.3690 |
| Camarilla | 1.2719 | 1.2770 | 1.2822 | 1.2873 | 1.2924 | 1.2976 | 1.3027 |
| Woodie | 1.2032 | 1.2275 | 1.2593 | 1.2836 | 1.3154 | 1.3397 | 1.3715 |
| Fibonacci | 1.2262 | 1.2477 | 1.2609 | 1.2823 | 1.3038 | 1.3170 | 1.3384 |
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): | 45.95 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -3.1429 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 1.2937 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2944 | |
| Elder Ray (13): | -0.0006 | |
| Super Trend (3,10): | 1.2920 | |
| Zig ZAG (10): | 1.2926 | |
| VORTEX (21): | 0.9306 | |
| Stochastique (14,3,5): | 49.21 | |
| TEMA (21): | 1.2934 | |
| Williams %R (14): | -85.71 | |
| Chande Momentum Oscillator (20): | -0.0004 | |
| Repulse (5,40,3): | -0.0918 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0033 | |
| Courbe Coppock: | 0.08 |
| MA7: | 1.2927 | |
| MA20: | 1.2950 | |
| MA50: | 1.2858 | |
| MA100: | 1.2776 | |
| MAexp7: | 1.2934 | |
| MAexp20: | 1.2933 | |
| MAexp50: | 1.2924 | |
| MAexp100: | 1.2911 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | -0.20% | |
| Price / MA50: | +0.51% | |
| Price / MA100: | +1.16% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.10% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on USD/CAD. At the time of publication of this analysis, the latest news was as follows:
-
Technical Analysis: 22/07/2022 - USDCAD finds floor at 40-day SMA below 1.2900
-
Technical Analysis: 01/07/2022 - USDCAD picks up momentum as July’s trading kicks off
-
Technical Analysis: 24/06/2022 - USDCAD shows weak signs below double top at 1.2960
-
Technical Analysis: 17/06/2022 - USDCAD looks for more upside; 1.2875 in focus
-
Technical Analysis: 03/06/2022 - USDCAD in a bearish mode ahead of NFP
This member declared not having a position on this financial instrument or a related financial instrument.
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