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

USD/CAD - 1H - Technical analysis published on 06/11/2024 (GMT)

  • 211
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
22%
39%
39%
My opinion
Neutral between 1.3733 CAD and 1.3782 CAD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 1.3733 CAD. The first resistance is located at 1.3782 CAD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by USD/CAD.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

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.

dtaccori
This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The USD/CAD price is 1.3758 CAD. On the day, this instrument lost -0.02% and was between 1.3748 CAD and 1.3792 CAD. This implies that the price is at +0.07% from its lowest and at -0.25% from its highest.

1.3748
1.3792
1.3758

Here is a more detailed summary of the historical variations registered by USD/CAD:
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


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of USD/CAD indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3664 1.3699 1.3733 1.3758 1.3782 1.3819 1.3876
Change (%) -0.68% -0.43% -0.18% - +0.17% +0.44% +0.86%
Change -0.0094 -0.0059 -0.0025 - +0.0024 +0.0061 +0.0118
Level Major Minor Intermediate - Intermediate Minor Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.37211.37371.37491.37651.37771.37931.3805
Camarilla1.37521.37551.37571.37601.37631.37651.3768
Woodie1.37181.37361.37461.37641.37741.37921.3802
Fibonacci1.37371.37481.37551.37651.37761.37831.3793


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.34911.35471.36561.37121.38211.38771.3986
Camarilla1.37201.37351.37501.37651.37801.37951.3810
Woodie1.35181.35601.36831.37251.38481.38901.4013
Fibonacci1.35471.36101.36491.37121.37751.38141.3877


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.33581.34741.35511.36671.37441.38601.3937
Camarilla1.35751.35931.36101.36281.36461.36631.3681
Woodie1.33391.34641.35321.36571.37251.38501.3918
Fibonacci1.34741.35481.35931.36671.37411.37861.3860

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): 44.14
MACD (12,26,9): -0.0001
Directional Movement: 0.0225
AROON (14): -42.8571
DEMA (21): 1.3764
Parabolic SAR (0,02-0,02-0,2): 1.3784
Elder Ray (13): -0.0008
Super Trend (3,10): 1.3750
Zig ZAG (10): 1.3758
VORTEX (21): 0.9721
Stochastique (14,3,5): 14.50
TEMA (21): 1.3759
Williams %R (14): -77.27
Chande Momentum Oscillator (20): -0.0010
Repulse (5,40,3): -0.0044
ROCnROLL: -1
TRIX (15,9): 0.0016
Courbe Coppock: 0.05
MA7: 1.3707
MA20: 1.3671
MA50: 1.3680
MA100: 1.3595
MAexp7: 1.3760
MAexp20: 1.3764
MAexp50: 1.3756
MAexp100: 1.3736
Price / MA7: +0.37%
Price / MA20: +0.64%
Price / MA50: +0.57%
Price / MA100: +1.20%
Price / MAexp7: -0.01%
Price / MAexp20: -0.04%
Price / MAexp50: +0.01%
Price / MAexp100: +0.16%

Quotes : - Real time data - Forex

News


The latest news and videos published on USD/CAD 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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Londinia
Londinia AI

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