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AUD/CAD
AUD CAD
- CAD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDCAD
ISIN:

AUD/CAD - 1H - Technical analysis published on 06/12/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 0.9078 CAD
My targets
0.9102 CAD (+0.0010)
0.9112 CAD (+0.0020)
My analysis
A bullish trend on AUD/CAD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.9078 CAD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.9102 CAD. Then the price could move towards 0.9112 CAD. Then 0.9125 CAD by extension. Be careful, a return below 0.9078 CAD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.6

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.

dtaccori
This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/CAD rating 0.9092 CAD. The price registered an increase of +0.03% on the session and was between 0.9077 CAD and 0.9103 CAD. This implies that the price is at +0.17% from its lowest and at -0.12% from its highest.

0.9077
0.9103
0.9092

Here is a more detailed summary of the historical variations registered by AUD/CAD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of AUD/CAD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.9047 0.9063 0.9078 0.9092 0.9102 0.9112 0.9125
Change (%) -0.49% -0.32% -0.15% - +0.11% +0.22% +0.36%
Change -0.0045 -0.0029 -0.0014 - +0.0010 +0.0020 +0.0033
Level Major Minor Major - Intermediate Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.90470.90600.90750.90880.91030.91160.9131
Camarilla0.90810.90840.90860.90890.90920.90940.9097
Woodie0.90470.90610.90750.90890.91030.91170.9131
Fibonacci0.90600.90710.90780.90880.90990.91060.9116


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.89360.89910.90260.90810.91160.91710.9206
Camarilla0.90370.90460.90540.90620.90700.90790.9087
Woodie0.89270.89860.90170.90760.91070.91660.9197
Fibonacci0.89910.90250.90460.90810.91150.91360.9171


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.87250.88170.89420.90340.91590.92510.9376
Camarilla0.90070.90270.90470.90670.90870.91070.9127
Woodie0.87420.88250.89590.90420.91760.92590.9393
Fibonacci0.88170.89000.89510.90340.91170.91680.9251

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 54.24
MACD (12,26,9): 0.0002
Directional Movement: 2.6211
AROON (14): 35.7143
DEMA (21): 0.9094
Parabolic SAR (0,02-0,02-0,2): 0.9081
Elder Ray (13): 0.0001
Super Trend (3,10): 0.9073
Zig ZAG (10): 0.9093
VORTEX (21): 1.0621
Stochastique (14,3,5): 61.54
TEMA (21): 0.9095
Williams %R (14): -38.46
Chande Momentum Oscillator (20): 0.0004
Repulse (5,40,3): -0.0030
ROCnROLL: 1
TRIX (15,9): 0.0031
Courbe Coppock: 0.14
MA7: 0.9093
MA20: 0.9085
MA50: 0.9006
MA100: 0.8924
MAexp7: 0.9093
MAexp20: 0.9091
MAexp50: 0.9089
MAexp100: 0.9089
Price / MA7: -0.01%
Price / MA20: +0.08%
Price / MA50: +0.95%
Price / MA100: +1.88%
Price / MAexp7: -0%
Price / MAexp20: +0.02%
Price / MAexp50: +0.04%
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:

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

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