USD/CAD - 1H - Technical analysis published on 08/01/2024 (GMT)
- 205
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
56%
6%
39%
My opinion
Neutral between 1.3807 CAD and 1.3849 CAD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 1.3849 CAD. The first support is located at 1.3807 CAD. A very slight advantage is given by the slightly bullish basic trend so that the resistance 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 may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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.
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Additional analysis
Quotes
The USD/CAD price is 1.3822 CAD. On the day, this instrument gained +0.10% and was between 1.3800 CAD and 1.3837 CAD. This implies that the price is at +0.16% from its lowest and at -0.11% from its highest.1.3800
1.3837
1.3822
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of USD/CAD in 1H shows an overall slightly bullish trend. 46.43% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 1.3790 | 1.3807 | 1.3822 | 1.3822 | 1.3849 | 1.3876 | 1.4534 |
| Change (%) | -0.23% | -0.11% | 0% | - | +0.20% | +0.39% | +5.15% |
| Change | -0.0032 | -0.0015 | 0 | - | +0.0027 | +0.0054 | +0.0712 |
| Level | Major | Intermediate | Minor | - | Intermediate | Major | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3705 | 1.3746 | 1.3777 | 1.3818 | 1.3849 | 1.3890 | 1.3921 |
| Camarilla | 1.3788 | 1.3795 | 1.3801 | 1.3808 | 1.3815 | 1.3821 | 1.3828 |
| Woodie | 1.3700 | 1.3744 | 1.3772 | 1.3816 | 1.3844 | 1.3888 | 1.3916 |
| Fibonacci | 1.3746 | 1.3774 | 1.3791 | 1.3818 | 1.3846 | 1.3863 | 1.3890 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3600 | 1.3653 | 1.3744 | 1.3797 | 1.3888 | 1.3941 | 1.4032 |
| Camarilla | 1.3796 | 1.3810 | 1.3823 | 1.3836 | 1.3849 | 1.3862 | 1.3876 |
| Woodie | 1.3620 | 1.3663 | 1.3764 | 1.3807 | 1.3908 | 1.3951 | 1.4052 |
| Fibonacci | 1.3653 | 1.3708 | 1.3742 | 1.3797 | 1.3852 | 1.3886 | 1.3941 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3367 | 1.3478 | 1.3643 | 1.3754 | 1.3919 | 1.4030 | 1.4195 |
| Camarilla | 1.3732 | 1.3757 | 1.3783 | 1.3808 | 1.3833 | 1.3859 | 1.3884 |
| Woodie | 1.3394 | 1.3492 | 1.3670 | 1.3768 | 1.3946 | 1.4044 | 1.4222 |
| Fibonacci | 1.3478 | 1.3583 | 1.3649 | 1.3754 | 1.3859 | 1.3925 | 1.4030 |
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): | 55.06 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 4.9039 | |
| AROON (14): | 42.8571 | |
| DEMA (21): | 1.3818 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3810 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 1.3842 | |
| Zig ZAG (10): | 1.3827 | |
| VORTEX (21): | 1.1674 | |
| Stochastique (14,3,5): | 75.68 | |
| TEMA (21): | 1.3823 | |
| Williams %R (14): | -32.43 | |
| Chande Momentum Oscillator (20): | 0.0017 | |
| Repulse (5,40,3): | -0.0021 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0044 | |
| Courbe Coppock: | 0.24 |
| MA7: | 1.3829 | |
| MA20: | 1.3730 | |
| MA50: | 1.3706 | |
| MA100: | 1.3676 | |
| MAexp7: | 1.3824 | |
| MAexp20: | 1.3820 | |
| MAexp50: | 1.3825 | |
| MAexp100: | 1.3824 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | +0.67% | |
| Price / MA50: | +0.85% | |
| Price / MA100: | +1.07% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | -0.01% |
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:
-
USD/CAD Forecast July 31, 2024
-
USD/CAD Forecast July 29, 2024
-
USD/CAD Forecast July 25, 2024
-
USD/CAD Forecast July 17, 2024
-
USD/CAD Forecast July 16, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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