Londinia Opportunities Analyses - 06/15/2021 (GMT) CAD/USD FULL0624 - 1H
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USD
(-)
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10 min delayed data - CME Globex Futures
| Type: | Futures |
| Ticker: | CADUSDXXXX |
| ISIN: | CADUSDXXXX |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.82325 USD
My targets
0.82040 USD (-0.18%)
0.81000 USD (-1.45%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CAD/USD FULL0921 as long as the price remains well below 0.82325 USD. The sellers' bearish objective is set at 0.82040 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.81000 USD. In case of crossing, the next objective would be the support located at 0.80545 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
CAD/USD FULL0921 rating 0.82190 USD. On the day, this instrument lost -0.18% and was traded between 0.82150 USD and 0.82445 USD over the period. The price is currently at +0.05% from its lowest and -0.31% from its highest.0.82150
0.82445
0.82190
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAD/USD FULL0921 in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.80545 | 0.81000 | 0.82164 | 0.82190 | 0.82325 | 0.82570 | 0.82933 |
| Change (%) | -2.00% | -1.45% | -0.03% | - | +0.16% | +0.46% | +0.90% |
| Change | -0.01645 | -0.01190 | -0.00026 | - | +0.00135 | +0.00380 | +0.00743 |
| Level | Minor | Intermediate | Major | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.81883 | 0.82022 | 0.82178 | 0.82317 | 0.82473 | 0.82612 | 0.82768 |
| Camarilla | 0.82254 | 0.82281 | 0.82308 | 0.82335 | 0.82362 | 0.82389 | 0.82416 |
| Woodie | 0.81893 | 0.82026 | 0.82188 | 0.82321 | 0.82483 | 0.82616 | 0.82778 |
| Fibonacci | 0.82022 | 0.82134 | 0.82204 | 0.82317 | 0.82429 | 0.82499 | 0.82612 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.79210 | 0.80105 | 0.81145 | 0.82040 | 0.83080 | 0.83975 | 0.85015 |
| Camarilla | 0.81653 | 0.81830 | 0.82008 | 0.82185 | 0.82362 | 0.82540 | 0.82717 |
| Woodie | 0.79283 | 0.80141 | 0.81218 | 0.82076 | 0.83153 | 0.84011 | 0.85088 |
| Fibonacci | 0.80105 | 0.80844 | 0.81301 | 0.82040 | 0.82779 | 0.83236 | 0.83975 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.79172 | 0.80063 | 0.81497 | 0.82388 | 0.83822 | 0.84713 | 0.86147 |
| Camarilla | 0.82291 | 0.82504 | 0.82717 | 0.82930 | 0.83143 | 0.83356 | 0.83569 |
| Woodie | 0.79443 | 0.80199 | 0.81768 | 0.82524 | 0.84093 | 0.84849 | 0.86418 |
| Fibonacci | 0.80063 | 0.80952 | 0.81500 | 0.82388 | 0.83277 | 0.83825 | 0.84713 |
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): | 35.15 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -15.09802 | |
| AROON (14): | -21.42857 | |
| DEMA (21): | 0.82306 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.82450 | |
| Elder Ray (13): | -0.00131 | |
| Super Trend (3,10): | 0.82394 | |
| Zig ZAG (10): | 0.82175 | |
| VORTEX (21): | 1.0034 | |
| Stochastique (14,3,5): | 15.80 | |
| TEMA (21): | 0.82310 | |
| Williams %R (14): | -98.25 | |
| Chande Momentum Oscillator (20): | -0.00160 | |
| Repulse (5,40,3): | -0.2406 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0001 | |
| Courbe Coppock: | 0.09 |
| MA7: | 0.82494 | |
| MA20: | 0.82704 | |
| MA50: | 0.81671 | |
| MA100: | 0.80422 | |
| MAexp7: | 0.82292 | |
| MAexp20: | 0.82328 | |
| MAexp50: | 0.82378 | |
| MAexp100: | 0.82464 | |
| Price / MA7: | -0.37% | |
| Price / MA20: | -0.62% | |
| Price / MA50: | +0.64% | |
| Price / MA100: | +2.20% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | -0.33% |
Quotes :
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10 min delayed data
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Futures CME Globex