USD/CAD - 1H - Technical analysis published on 07/07/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 1.3640 CAD
My targets
1.3722 CAD (+0.0060)
1.3759 CAD (+0.0097)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on USD/CAD as long as the price remains well above 1.3640 CAD. The buyers' bullish objective is set at 1.3722 CAD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.3759 CAD. If there is any crossing, the next objective would be the resistance located at 1.3876 CAD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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This analysis was given by balwinder35. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/CAD rating 1.3662 CAD. On the day, this instrument gained +0.43% and was between 1.3592 CAD and 1.3686 CAD. This implies that the price is at +0.52% from its lowest and at -0.18% from its highest.1.3592
1.3686
1.3662
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
Technical analysis of USD/CAD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 2 (Daily)
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3591 | 1.3618 | 1.3640 | 1.3662 | 1.3667 | 1.3722 | 1.3759 |
| Change (%) | -0.52% | -0.32% | -0.16% | - | +0.04% | +0.44% | +0.71% |
| Change | -0.0071 | -0.0044 | -0.0022 | - | +0.0005 | +0.0060 | +0.0097 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3524 | 1.3546 | 1.3574 | 1.3596 | 1.3624 | 1.3646 | 1.3674 |
| Camarilla | 1.3589 | 1.3594 | 1.3598 | 1.3603 | 1.3608 | 1.3612 | 1.3617 |
| Woodie | 1.3528 | 1.3548 | 1.3578 | 1.3598 | 1.3628 | 1.3648 | 1.3678 |
| Fibonacci | 1.3546 | 1.3565 | 1.3577 | 1.3596 | 1.3615 | 1.3627 | 1.3646 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3397 | 1.3477 | 1.3540 | 1.3620 | 1.3683 | 1.3763 | 1.3826 |
| Camarilla | 1.3564 | 1.3577 | 1.3590 | 1.3603 | 1.3616 | 1.3629 | 1.3642 |
| Woodie | 1.3389 | 1.3473 | 1.3532 | 1.3616 | 1.3675 | 1.3759 | 1.3818 |
| Fibonacci | 1.3477 | 1.3532 | 1.3565 | 1.3620 | 1.3675 | 1.3708 | 1.3763 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3241 | 1.3390 | 1.3499 | 1.3648 | 1.3757 | 1.3906 | 1.4015 |
| Camarilla | 1.3536 | 1.3560 | 1.3583 | 1.3607 | 1.3631 | 1.3654 | 1.3678 |
| Woodie | 1.3220 | 1.3380 | 1.3478 | 1.3638 | 1.3736 | 1.3896 | 1.3994 |
| Fibonacci | 1.3390 | 1.3489 | 1.3550 | 1.3648 | 1.3747 | 1.3808 | 1.3906 |
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): | 68.08 | |
| MACD (12,26,9): | 0.0019 | |
| Directional Movement: | 26.3469 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 1.3659 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3647 | |
| Elder Ray (13): | 0.0017 | |
| Super Trend (3,10): | 1.3642 | |
| Zig ZAG (10): | 1.3662 | |
| VORTEX (21): | 1.1976 | |
| Stochastique (14,3,5): | 79.48 | |
| TEMA (21): | 1.3672 | |
| Williams %R (14): | -27.27 | |
| Chande Momentum Oscillator (20): | 0.0057 | |
| Repulse (5,40,3): | -0.0099 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0157 | |
| Courbe Coppock: | 0.84 |
| MA7: | 1.3624 | |
| MA20: | 1.3654 | |
| MA50: | 1.3758 | |
| MA100: | 1.3978 | |
| MAexp7: | 1.3660 | |
| MAexp20: | 1.3636 | |
| MAexp50: | 1.3617 | |
| MAexp100: | 1.3619 | |
| Price / MA7: | +0.28% | |
| Price / MA20: | +0.06% | |
| Price / MA50: | -0.70% | |
| Price / MA100: | -2.26% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.33% | |
| Price / MAexp100: | +0.32% |
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 Analysis: US Dollar Continues to See Pressure
-
USD/CAD Analysis: US Dollar Grinds Higher Against the Loonie
-
USD/CAD Analysis: USD Gives Up Gains on Monday
-
USD/CAD Analysis: Is the Dollar Finding a Bottom?
-
USD/CAD Price Analysis: US Dollar Bounces Slightly Against Loonie
This member declared not having a position on this financial instrument or a related financial instrument.
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