AUD/CAD - 1H - Technical analysis published on 02/21/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
56%
17%
28%
My opinion
Neutral between 0.9255 CAD and 0.9309 CAD
My targets
-
My analysis
The short-term decline on AUD/CAD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 0.9255 CAD. The first resistance is located at 0.9309 CAD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Pietertjie. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CAD rating is 0.9279 CAD. On the day, this instrument lost -0.17% with the lowest point at 0.9237 CAD and the highest point at 0.9311 CAD. The deviation from the price is +0.45% for the low point and -0.34% for the high point.0.9237
0.9311
0.9279
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 (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 this 1H chart of AUD/CAD indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9240 | 0.9255 | 0.9271 | 0.9279 | 0.9309 | 0.9332 | 0.9382 |
| Change (%) | -0.42% | -0.26% | -0.09% | - | +0.32% | +0.57% | +1.11% |
| Change | -0.0039 | -0.0024 | -0.0008 | - | +0.0030 | +0.0053 | +0.0103 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 0.9185 | 0.9212 | 0.9254 | 0.9281 | 0.9323 | 0.9350 | 0.9392 |
| Camarilla | 0.9276 | 0.9282 | 0.9289 | 0.9295 | 0.9301 | 0.9308 | 0.9314 |
| Woodie | 0.9192 | 0.9216 | 0.9261 | 0.9285 | 0.9330 | 0.9354 | 0.9399 |
| Fibonacci | 0.9212 | 0.9239 | 0.9255 | 0.9281 | 0.9308 | 0.9324 | 0.9350 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9076 | 0.9141 | 0.9208 | 0.9273 | 0.9340 | 0.9405 | 0.9472 |
| Camarilla | 0.9238 | 0.9250 | 0.9262 | 0.9274 | 0.9286 | 0.9298 | 0.9310 |
| Woodie | 0.9076 | 0.9142 | 0.9208 | 0.9274 | 0.9340 | 0.9406 | 0.9472 |
| Fibonacci | 0.9141 | 0.9192 | 0.9223 | 0.9273 | 0.9324 | 0.9355 | 0.9405 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8725 | 0.8923 | 0.9153 | 0.9351 | 0.9581 | 0.9779 | 1.0009 |
| Camarilla | 0.9265 | 0.9305 | 0.9344 | 0.9383 | 0.9422 | 0.9462 | 0.9501 |
| Woodie | 0.8741 | 0.8931 | 0.9169 | 0.9359 | 0.9597 | 0.9787 | 1.0025 |
| Fibonacci | 0.8923 | 0.9087 | 0.9188 | 0.9351 | 0.9515 | 0.9616 | 0.9779 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.62 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | 0.1110 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 0.9277 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9243 | |
| Elder Ray (13): | -0.0006 | |
| Super Trend (3,10): | 0.9238 | |
| Zig ZAG (10): | 0.9280 | |
| VORTEX (21): | 0.9093 | |
| Stochastique (14,3,5): | 68.04 | |
| TEMA (21): | 0.9272 | |
| Williams %R (14): | -41.10 | |
| Chande Momentum Oscillator (20): | -0.0008 | |
| Repulse (5,40,3): | 0.0841 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0053 | |
| Courbe Coppock: | 0.40 |
| MA7: | 0.9280 | |
| MA20: | 0.9344 | |
| MA50: | 0.9279 | |
| MA100: | 0.9073 | |
| MAexp7: | 0.9279 | |
| MAexp20: | 0.9280 | |
| MAexp50: | 0.9279 | |
| MAexp100: | 0.9275 | |
| Price / MA7: | -0.01% | |
| Price / MA20: | -0.70% | |
| Price / MA50: | -0% | |
| Price / MA100: | +2.27% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.04% |
Quotes :
-
Real time data
-
Forex
News
Don't forget to follow the news on AUD/CAD. At the time of publication of this analysis, the latest news was as follows:
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AUD/CAD Forecast January 6, 2023
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This member declared not having a position on this financial instrument or a related financial instrument.
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