AUD/CAD - 15 min. - Technical analysis published on 10/13/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.8656 CAD
My targets
0.8594 CAD (-0.0039)
0.8571 CAD (-0.0062)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/CAD as long as the price remains well below 0.8656 CAD. The sellers' bearish objective is set at 0.8594 CAD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.8571 CAD. In case of crossing, the next objective would be the support located at 0.8319 CAD.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.7
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This analysis was given by Rachid007. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/CAD rating 0.8633 CAD. The price registered a decrease of -0.45% on the session and was traded between 0.8608 CAD and 0.8689 CAD over the period. The price is currently at +0.29% from its lowest and -0.64% from its highest.0.8608
0.8689
0.8633
A study of price movements over other periods shows the following variations:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this AUD/CAD chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.8319 | 0.8606 | 0.8629 | 0.8633 | 0.8666 | 0.8706 | 0.8753 |
| Change (%) | -3.64% | -0.31% | -0.05% | - | +0.38% | +0.85% | +1.39% |
| Change | -0.0314 | -0.0027 | -0.0004 | - | +0.0033 | +0.0073 | +0.0120 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8571 | 0.8594 | 0.8633 | 0.8656 | 0.8695 | 0.8718 | 0.8757 |
| Camarilla | 0.8655 | 0.8661 | 0.8666 | 0.8672 | 0.8678 | 0.8683 | 0.8689 |
| Woodie | 0.8579 | 0.8598 | 0.8641 | 0.8660 | 0.8703 | 0.8722 | 0.8765 |
| Fibonacci | 0.8594 | 0.8618 | 0.8632 | 0.8656 | 0.8680 | 0.8694 | 0.8718 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8527 | 0.8628 | 0.8693 | 0.8794 | 0.8859 | 0.8960 | 0.9025 |
| Camarilla | 0.8711 | 0.8727 | 0.8742 | 0.8757 | 0.8772 | 0.8787 | 0.8803 |
| Woodie | 0.8508 | 0.8619 | 0.8674 | 0.8785 | 0.8840 | 0.8951 | 0.9006 |
| Fibonacci | 0.8628 | 0.8692 | 0.8731 | 0.8794 | 0.8858 | 0.8897 | 0.8960 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8514 | 0.8648 | 0.8749 | 0.8883 | 0.8984 | 0.9118 | 0.9219 |
| Camarilla | 0.8786 | 0.8808 | 0.8830 | 0.8851 | 0.8873 | 0.8894 | 0.8916 |
| Woodie | 0.8499 | 0.8640 | 0.8734 | 0.8875 | 0.8969 | 0.9110 | 0.9204 |
| Fibonacci | 0.8648 | 0.8737 | 0.8793 | 0.8883 | 0.8972 | 0.9028 | 0.9118 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 32.45 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -30.6214 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 0.8657 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.8684 | |
| Elder Ray (13): | -0.0029 | |
| Super Trend (3,10): | 0.8674 | |
| Zig ZAG (10): | 0.8631 | |
| VORTEX (21): | 0.8170 | |
| Stochastique (14,3,5): | 32.53 | |
| TEMA (21): | 0.8651 | |
| Williams %R (14): | -60.26 | |
| Chande Momentum Oscillator (20): | -0.0039 | |
| Repulse (5,40,3): | -0.0166 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0033 | |
| Courbe Coppock: | 0.54 |
| MA7: | 0.8721 | |
| MA20: | 0.8827 | |
| MA50: | 0.8905 | |
| MA100: | 0.8925 | |
| MAexp7: | 0.8653 | |
| MAexp20: | 0.8665 | |
| MAexp50: | 0.8669 | |
| MAexp100: | 0.8667 | |
| Price / MA7: | -1.01% | |
| Price / MA20: | -2.20% | |
| Price / MA50: | -3.05% | |
| Price / MA100: | -3.27% | |
| Price / MAexp7: | -0.23% | |
| Price / MAexp20: | -0.37% | |
| Price / MAexp50: | -0.42% | |
| Price / MAexp100: | -0.39% |
Quotes :
-
Real time data
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Forex
News
The last news published on AUD/CAD at the time of the generation of this analysis was as follows:
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This member declared not having a position on this financial instrument or a related financial instrument.
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