CAD/CNH - 1H - Technical analysis published on 08/12/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Additional analysis
Quotes
The CAD/CNH price is 5.28216 CNH. On the day, this instrument gained +0.00% and was between 5.27906 CNH and 5.28479 CNH. This implies that the price is at +0.06% from its lowest and at -0.05% from its highest.The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CAD/CNH in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.23673 | 5.24983 | 5.27710 | 5.28216 | 5.29294 | 5.33803 | 5.41571 |
| Change (%) | -0.86% | -0.61% | -0.10% | - | +0.20% | +1.06% | +2.53% |
| Change | -0.04543 | -0.03233 | -0.00506 | - | +0.01078 | +0.05587 | +0.13355 |
| Level | Intermediate | Minor | Major | - | Intermediate | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.23592 | 5.24947 | 5.26583 | 5.27938 | 5.29574 | 5.30929 | 5.32565 |
| Camarilla | 5.27396 | 5.27670 | 5.27944 | 5.28218 | 5.28492 | 5.28766 | 5.29041 |
| Woodie | 5.23732 | 5.25017 | 5.26723 | 5.28008 | 5.29714 | 5.30999 | 5.32705 |
| Fibonacci | 5.24947 | 5.26090 | 5.26796 | 5.27938 | 5.29081 | 5.29787 | 5.30929 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.09922 | 5.15525 | 5.19274 | 5.24877 | 5.28626 | 5.34229 | 5.37978 |
| Camarilla | 5.20451 | 5.21309 | 5.22166 | 5.23023 | 5.23880 | 5.24738 | 5.25595 |
| Woodie | 5.08995 | 5.15062 | 5.18347 | 5.24414 | 5.27699 | 5.33766 | 5.37051 |
| Fibonacci | 5.15525 | 5.19098 | 5.21305 | 5.24877 | 5.28450 | 5.30657 | 5.34229 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.03360 | 5.08280 | 5.18082 | 5.23002 | 5.32804 | 5.37724 | 5.47526 |
| Camarilla | 5.23837 | 5.25186 | 5.26536 | 5.27885 | 5.29235 | 5.30584 | 5.31934 |
| Woodie | 5.05802 | 5.09501 | 5.20524 | 5.24223 | 5.35246 | 5.38945 | 5.49968 |
| Fibonacci | 5.08280 | 5.13904 | 5.17378 | 5.23002 | 5.28626 | 5.32100 | 5.37724 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
| RSI (14): | 57.43 | |
| MACD (12,26,9): | 0.0041 | |
| Directional Movement: | 6.17914 | |
| AROON (14): | 35.71428 | |
| DEMA (21): | 5.28580 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.29215 | |
| Elder Ray (13): | -0.00013 | |
| Super Trend (3,10): | 5.26854 | |
| Zig ZAG (10): | 5.28221 | |
| VORTEX (21): | 1.0914 | |
| Stochastique (14,3,5): | 51.25 | |
| TEMA (21): | 5.28475 | |
| Williams %R (14): | -44.39 | |
| Chande Momentum Oscillator (20): | 0.00013 | |
| Repulse (5,40,3): | -0.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0151 | |
| Courbe Coppock: | 0.17 |
| MA7: | 5.25829 | |
| MA20: | 5.25619 | |
| MA50: | 5.22286 | |
| MA100: | 5.19708 | |
| MAexp7: | 5.28205 | |
| MAexp20: | 5.27963 | |
| MAexp50: | 5.27058 | |
| MAexp100: | 5.26346 | |
| Price / MA7: | +0.45% | |
| Price / MA20: | +0.49% | |
| Price / MA50: | +1.14% | |
| Price / MA100: | +1.64% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | +0.36% |
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