CAD/CNH - 1H - Technical analysis published on 07/17/2023 (GMT)
- 197
- 0
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Additional analysis
Quotes
The CAD/CNH price is 5.45054 CNH. On the day, this instrument gained +0.67% with the lowest point at 5.40609 CNH and the highest point at 5.45658 CNH. The deviation from the price is +0.82% for the low point and -0.11% for the high point.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
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAD/CNH in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
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
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.41282 | 5.42472 | 5.44039 | 5.45054 | 5.45849 | 5.46534 | 5.47836 |
| Change (%) | -0.69% | -0.47% | -0.19% | - | +0.15% | +0.27% | +0.51% |
| Change | -0.03772 | -0.02582 | -0.01015 | - | +0.00795 | +0.01480 | +0.02782 |
| Level | Intermediate | Intermediate | Minor | - | Major | Minor | Minor |
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 | 5.34371 | 5.37544 | 5.39483 | 5.42656 | 5.44595 | 5.47768 | 5.49707 |
| Camarilla | 5.40016 | 5.40485 | 5.40953 | 5.41422 | 5.41891 | 5.42359 | 5.42828 |
| Woodie | 5.33754 | 5.37236 | 5.38866 | 5.42348 | 5.43978 | 5.47460 | 5.49090 |
| Fibonacci | 5.37544 | 5.39497 | 5.40703 | 5.42656 | 5.44609 | 5.45815 | 5.47768 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.34326 | 5.37521 | 5.39472 | 5.42667 | 5.44618 | 5.47813 | 5.49764 |
| Camarilla | 5.40007 | 5.40479 | 5.40950 | 5.41422 | 5.41894 | 5.42365 | 5.42837 |
| Woodie | 5.33703 | 5.37210 | 5.38849 | 5.42356 | 5.43995 | 5.47502 | 5.49141 |
| Fibonacci | 5.37521 | 5.39487 | 5.40702 | 5.42667 | 5.44633 | 5.45848 | 5.47813 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.03456 | 5.13505 | 5.31231 | 5.41280 | 5.59006 | 5.69055 | 5.86781 |
| Camarilla | 5.41320 | 5.43866 | 5.46412 | 5.48958 | 5.51504 | 5.54050 | 5.56596 |
| Woodie | 5.07296 | 5.15424 | 5.35071 | 5.43199 | 5.62846 | 5.70974 | 5.90621 |
| Fibonacci | 5.13505 | 5.24115 | 5.30670 | 5.41280 | 5.51890 | 5.58445 | 5.69055 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
| RSI (14): | 64.26 | |
| MACD (12,26,9): | 0.0036 | |
| Directional Movement: | 22.76591 | |
| AROON (14): | 100.00000 | |
| DEMA (21): | 5.43592 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.42930 | |
| Elder Ray (13): | 0.01724 | |
| Super Trend (3,10): | 5.42919 | |
| Zig ZAG (10): | 5.45001 | |
| VORTEX (21): | 1.2153 | |
| Stochastique (14,3,5): | 91.78 | |
| TEMA (21): | 5.44251 | |
| Williams %R (14): | -17.00 | |
| Chande Momentum Oscillator (20): | 0.02094 | |
| Repulse (5,40,3): | 0.1969 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0015 | |
| Courbe Coppock: | 0.84 |
| MA7: | 5.44258 | |
| MA20: | 5.45966 | |
| MA50: | 5.34239 | |
| MA100: | 5.21209 | |
| MAexp7: | 5.44099 | |
| MAexp20: | 5.43327 | |
| MAexp50: | 5.43431 | |
| MAexp100: | 5.43821 | |
| Price / MA7: | +0.15% | |
| Price / MA20: | -0.17% | |
| Price / MA50: | +2.02% | |
| Price / MA100: | +4.57% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +0.32% | |
| Price / MAexp50: | +0.30% | |
| Price / MAexp100: | +0.23% |
About author
Online
Add a comment
Comments
0 comments on the analysis CAD/CNH - 1H