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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
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 0.9102 CAD
My targets
0.9063 CAD (-0.0024)
0.9047 CAD (-0.0040)
My analysis
The basic trend is currently slightly bearish on AUD/CAD and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 0.9102 CAD, sales could be favoured. The first bearish objective would be located at 0.9063 CAD. Sellers would then use the next support located at 0.9047 CAD as an objective. Crossing it would then enable sellers to target 0.8931 CAD. A return to above the resistance at 0.9102 CAD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.9

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 0.9087 CAD. On the day, this instrument lost -0.02% and was traded between 0.9077 CAD and 0.9103 CAD over the period. The price is currently at +0.11% from its lowest and -0.18% from its highest.

0.9077
0.9103
0.9087

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 slightly bearish trend. 60.71% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

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 0.9087 0.9102 0.9112 0.9125
Change (%) -0.44% -0.26% -0.10% - +0.17% +0.28% +0.42%
Change -0.0040 -0.0024 -0.0009 - +0.0015 +0.0025 +0.0038
Level Major Minor Major - Intermediate 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
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 46.83
MACD (12,26,9): 0.0001
Directional Movement: -2.2553
AROON (14): 35.7143
DEMA (21): 0.9093
Parabolic SAR (0,02-0,02-0,2): 0.9084
Elder Ray (13): -0.0002
Super Trend (3,10): 0.9073
Zig ZAG (10): 0.9086
VORTEX (21): 1.0253
Stochastique (14,3,5): 53.85
TEMA (21): 0.9093
Williams %R (14): -65.38
Chande Momentum Oscillator (20): -0.0003
Repulse (5,40,3): -0.1061
ROCnROLL: 2
TRIX (15,9): 0.0030
Courbe Coppock: 0.11
MA7: 0.9092
MA20: 0.9085
MA50: 0.9006
MA100: 0.8924
MAexp7: 0.9092
MAexp20: 0.9091
MAexp50: 0.9089
MAexp100: 0.9089
Price / MA7: -0.05%
Price / MA20: +0.02%
Price / MA50: +0.90%
Price / MA100: +1.83%
Price / MAexp7: -0.05%
Price / MAexp20: -0.04%
Price / MAexp50: -0.02%
Price / MAexp100: -0.02%

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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