USD/CAD - 15 min. - Technical analysis published on 03/20/2023 (GMT)
- 87
- 0
- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
44%
17%
39%
My opinion
Neutral between 1.3700 CAD and 1.3716 CAD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on USD/CAD. It is difficult to advise a trading direction under these conditions. The first support is located at 1.3700 CAD. The first resistance is located at 1.3716 CAD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
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 nwbrown2. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/CAD rating is 1.3710 CAD. The price registered a decrease of -0.03% on the session with the lowest point at 1.3686 CAD and the highest point at 1.3723 CAD. The deviation from the price is +0.18% for the low point and -0.09% for the high point.1.3686
1.3723
1.3710
Here is a more detailed summary of the historical variations registered by USD/CAD:
Near a new HIGH record (1 year)
Type : Bullish
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
A technical analysis in 15 min. of this USD/CAD chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3651 | 1.3678 | 1.3696 | 1.3710 | 1.3712 | 1.3752 | 1.3788 |
| Change (%) | -0.43% | -0.23% | -0.10% | - | +0.01% | +0.31% | +0.57% |
| Change | -0.0059 | -0.0032 | -0.0014 | - | +0.0002 | +0.0042 | +0.0078 |
| Level | Intermediate | Major | Minor | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3670 | 1.3686 | 1.3700 | 1.3716 | 1.3730 | 1.3746 | 1.3760 |
| Camarilla | 1.3706 | 1.3709 | 1.3711 | 1.3714 | 1.3717 | 1.3720 | 1.3722 |
| Woodie | 1.3669 | 1.3686 | 1.3699 | 1.3716 | 1.3729 | 1.3746 | 1.3759 |
| Fibonacci | 1.3686 | 1.3698 | 1.3705 | 1.3716 | 1.3728 | 1.3735 | 1.3746 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3483 | 1.3567 | 1.3649 | 1.3733 | 1.3815 | 1.3899 | 1.3981 |
| Camarilla | 1.3685 | 1.3701 | 1.3716 | 1.3731 | 1.3746 | 1.3761 | 1.3777 |
| Woodie | 1.3482 | 1.3567 | 1.3648 | 1.3733 | 1.3814 | 1.3899 | 1.3980 |
| Fibonacci | 1.3567 | 1.3630 | 1.3670 | 1.3733 | 1.3796 | 1.3836 | 1.3899 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2980 | 1.3121 | 1.3383 | 1.3524 | 1.3786 | 1.3927 | 1.4189 |
| Camarilla | 1.3534 | 1.3571 | 1.3608 | 1.3645 | 1.3682 | 1.3719 | 1.3756 |
| Woodie | 1.3041 | 1.3151 | 1.3444 | 1.3554 | 1.3847 | 1.3957 | 1.4250 |
| Fibonacci | 1.3121 | 1.3275 | 1.3370 | 1.3524 | 1.3678 | 1.3773 | 1.3927 |
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): | 49.64 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | 0.6206 | |
| AROON (14): | -42.8572 | |
| DEMA (21): | 1.3702 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3687 | |
| Elder Ray (13): | 0.0005 | |
| Super Trend (3,10): | 1.3688 | |
| Zig ZAG (10): | 1.3709 | |
| VORTEX (21): | 0.8829 | |
| Stochastique (14,3,5): | 68.61 | |
| TEMA (21): | 1.3700 | |
| Williams %R (14): | -43.59 | |
| Chande Momentum Oscillator (20): | -0.0015 | |
| Repulse (5,40,3): | -0.0417 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0069 | |
| Courbe Coppock: | 0.22 |
| MA7: | 1.3725 | |
| MA20: | 1.3680 | |
| MA50: | 1.3509 | |
| MA100: | 1.3510 | |
| MAexp7: | 1.3708 | |
| MAexp20: | 1.3710 | |
| MAexp50: | 1.3717 | |
| MAexp100: | 1.3720 | |
| Price / MA7: | -0.11% | |
| Price / MA20: | +0.22% | |
| Price / MA50: | +1.49% | |
| Price / MA100: | +1.48% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.07% |
Quotes :
-
Real time data
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Forex
News
The last news published on USD/CAD at the time of the generation of this analysis was as follows:
-
Technical Analysis: 17/03/2023 - USDCAD stuck in range after advance gets rejected
-
USD/CAD Forecast March 15, 2023
-
Technical Analysis: 09/03/2023 - USDCAD tests a make-or-break point
-
USD/CAD Forecast March 8, 2023
-
Technical Analysis: 03/03/2023 - USDCAD loses steam within a trading range
This member declared not having a position on this financial instrument or a related financial instrument.
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