AUD/CAD

- CAD (-)

- Real time data - Forex

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Change:	-
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High:	-
High / Low range:	-

Type:	Forex
Ticker:	AUDCAD
ISIN:

AUD/CAD - Daily - Technical analysis published on 05/27/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

33%

22%

44%

My opinion

Bullish above 0.8931 CAD

My targets

0.9112 CAD (+0.0046)

0.9191 CAD (+0.0125)

My analysis

The bullish trend is currently very strong on AUD/CAD. As long as the price remains above the support at 0.8931 CAD, you could try to benefit from the boom. The first bullish objective is located at 0.9112 CAD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9191 CAD as an objective. Crossing it would then enable buyers to target 0.9511 CAD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

6.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by pitiantuta. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/CAD rating is 0.9066 CAD. The price has increased by +0.14% since the last closing with the lowest point at 0.9053 CAD and the highest point at 0.9069 CAD. The deviation from the price is +0.14% for the low point and -0.03% for the high point.

0.9053

0.9069

0.9066

Here is a more detailed summary of the historical variations registered by AUD/CAD:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of AUD/CAD in Daily 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 does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8807	0.8931	0.9047	0.9066	0.9112	0.9191	0.9511
Change (%)	-2.86%	-1.49%	-0.21%	-	+0.51%	+1.38%	+4.91%
Change	-0.0259	-0.0135	-0.0019	-	+0.0046	+0.0125	+0.0445
Level	Intermediate	Intermediate	Major	-	Major	Major	Intermediate

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	0.9036	0.9044	0.9048	0.9056	0.9060	0.9068	0.9072
Camarilla	0.9050	0.9051	0.9052	0.9053	0.9054	0.9055	0.9056
Woodie	0.9035	0.9043	0.9047	0.9055	0.9059	0.9067	0.9071
Fibonacci	0.9044	0.9048	0.9051	0.9056	0.9060	0.9063	0.9068

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8950	0.8999	0.9028	0.9077	0.9106	0.9155	0.9184
Camarilla	0.9036	0.9043	0.9050	0.9057	0.9064	0.9071	0.9079
Woodie	0.8940	0.8994	0.9018	0.9072	0.9096	0.9150	0.9174
Fibonacci	0.8999	0.9029	0.9047	0.9077	0.9107	0.9125	0.9155

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8575	0.8678	0.8800	0.8903	0.9025	0.9128	0.9250
Camarilla	0.8859	0.8880	0.8900	0.8921	0.8942	0.8962	0.8983
Woodie	0.8584	0.8683	0.8809	0.8908	0.9034	0.9133	0.9259
Fibonacci	0.8678	0.8764	0.8817	0.8903	0.8989	0.9042	0.9128

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):	58.53
MACD (12,26,9):	0.0035
Directional Movement:	8.2062
AROON (14):	28.5715
DEMA (21):	0.9090
Parabolic SAR (0,02-0,02-0,2):	0.9120
Elder Ray (13):	0.0003
Super Trend (3,10):	0.8950
Zig ZAG (10):	0.9066
VORTEX (21):	1.1369
Stochastique (14,3,5):	43.89
TEMA (21):	0.9093
Williams %R (14):	-50.00
Chande Momentum Oscillator (20):	0.0039
Repulse (5,40,3):	-0.0966
ROCnROLL:	1
TRIX (15,9):	0.0698
Courbe Coppock:	1.11

MA7:	0.9069
MA20:	0.9054
MA50:	0.8954
MA100:	0.8903
MAexp7:	0.9065
MAexp20:	0.9041
MAexp50:	0.8980
MAexp100:	0.8937
Price / MA7:	-0.03%
Price / MA20:	+0.13%
Price / MA50:	+1.25%
Price / MA100:	+1.83%
Price / MAexp7:	+0.01%
Price / MAexp20:	+0.28%
Price / MAexp50:	+0.96%
Price / MAexp100:	+1.44%

Quotes : - Real time data - Forex

News

The last news published on AUD/CAD at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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