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 08/19/2019 (GMT)

  • Who voted?
  • 165
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 1.3285 CAD
My targets
1.3268 CAD (-0.05%)
1.3250 CAD (-0.18%)
My analysis
USD/CAD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.3285 CAD. The next support located at 1.3268 CAD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.3250 CAD. Below this support, sellers could then target 1.3233 CAD.

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.

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

Additional analysis

Quotes

The USD/CAD rating is 1.3274 CAD. The price has increased by +0.05% since the last closing and was between 1.3264 CAD and 1.3276 CAD. This implies that the price is at +0.08% from its lowest and at -0.02% from its highest.

1.3264
1.3276
1.3274

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in 1H of this USD/CAD chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 3 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3233 1.3250 1.3268 1.3274 1.3285 1.3310 1.3331
Change (%) -0.31% -0.18% -0.05% - +0.08% +0.27% +0.43%
Change -0.0041 -0.0024 -0.0006 - +0.0011 +0.0036 +0.0057
Level Minor Intermediate Minor - Major 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
Standard1.32421.32511.32591.32681.32761.32851.3293
Camarilla1.32631.32651.32661.32681.32701.32711.3273
Woodie1.32431.32511.32601.32681.32771.32851.3294
Fibonacci1.32511.32571.32611.32681.32741.32781.3285


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.30361.31111.31901.32651.33441.34191.3498
Camarilla1.32281.32421.32561.32701.32841.32981.3312
Woodie1.30391.31121.31931.32661.33471.34201.3501
Fibonacci1.31111.31701.32061.32651.33241.33601.3419


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.28711.29431.30701.31421.32691.33411.3468
Camarilla1.31411.31601.31781.31961.32141.32331.3251
Woodie1.28981.29571.30971.31561.32961.33551.3495
Fibonacci1.29431.30191.30661.31421.32181.32651.3341

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): 37.80
MACD (12,26,9): -0.0010
Directional Movement: -8.7197
AROON (14): -64.2857
DEMA (21): 1.3270
Parabolic SAR (0,02-0,02-0,2): 1.3259
Elder Ray (13): -0.0004
Super Trend (3,10): 1.3308
Zig ZAG (10): 1.3273
VORTEX (21): 0.8691
Stochastique (14,3,5): 23.53
TEMA (21): 1.3264
Williams %R (14): -72.55
Chande Momentum Oscillator (20): -0.0031
Repulse (5,40,3): 0.0652
ROCnROLL: 2
TRIX (15,9): -0.0105
Courbe Coppock: 0.40
MA7: 1.3271
MA20: 1.3227
MA50: 1.3183
MA100: 1.3298
MAexp7: 1.3274
MAexp20: 1.3283
MAexp50: 1.3290
MAexp100: 1.3282
Price / MA7: +0.02%
Price / MA20: +0.36%
Price / MA50: +0.69%
Price / MA100: -0.18%
Price / MAexp7: -0%
Price / MAexp20: -0.07%
Price / MAexp50: -0.12%
Price / MAexp100: -0.06%

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis USD/CAD - 1H