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

AUD/CAD - 15 min. - Technical analysis published on 07/01/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 0.9120 CAD
My targets
0.9151 CAD (+0.0024)
0.9180 CAD (+0.0053)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade AUD/CAD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.9120 CAD. The buyers' bullish objective is set at 0.9151 CAD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9180 CAD. If there is any crossing, the next objective would be the resistance located at 0.9211 CAD. If there is a bearish break in the support located at 0.9120 CAD some indecision would arise.

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
4.1

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 stefanstan. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

AUD/CAD rating 0.9127 CAD. The price has increased by +0.06% since the last closing with the lowest point at 0.9111 CAD and the highest point at 0.9140 CAD. The deviation from the price is +0.18% for the low point and -0.14% for the high point.

0.9111
0.9140
0.9127

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this AUD/CAD chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes



The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 15 minutes


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 15 minutes


Near support of channel

Type : Bullish

Timeframe : 15 minutes


Support of triangle is broken

Type : Bearish

Timeframe : 15 minutes



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.9098 0.9110 0.9126 0.9127 0.9137 0.9146 0.9191
Change (%) -0.32% -0.19% -0.01% - +0.11% +0.21% +0.70%
Change -0.0029 -0.0017 -0.0001 - +0.0010 +0.0019 +0.0064
Level Minor Intermediate Minor - Major Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.90310.90600.90910.91200.91510.91800.9211
Camarilla0.91060.91110.91170.91220.91280.91330.9139
Woodie0.90320.90610.90920.91210.91520.91810.9212
Fibonacci0.90600.90830.90970.91200.91430.91570.9180


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.89810.90200.90710.91100.91610.92000.9251
Camarilla0.90970.91060.91140.91220.91300.91390.9147
Woodie0.89870.90230.90770.91130.91670.92030.9257
Fibonacci0.90200.90540.90760.91100.91440.91660.9200


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.89160.89810.90510.91160.91860.92510.9321
Camarilla0.90850.90970.91100.91220.91340.91470.9159
Woodie0.89200.89820.90550.91170.91900.92520.9325
Fibonacci0.89810.90320.90640.91160.91670.91990.9251

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): 53.81
MACD (12,26,9): -0.0001
Directional Movement: 6.5058
AROON (14): 35.7143
DEMA (21): 0.9117
Parabolic SAR (0,02-0,02-0,2): 0.9112
Elder Ray (13): 0.0002
Super Trend (3,10): 0.9126
Zig ZAG (10): 0.9124
VORTEX (21): 1.0111
Stochastique (14,3,5): 72.73
TEMA (21): 0.9118
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.0009
Repulse (5,40,3): 0.1528
ROCnROLL: 1
TRIX (15,9): -0.0031
Courbe Coppock: 0.02
MA7: 0.9103
MA20: 0.9105
MA50: 0.9060
MA100: 0.8964
MAexp7: 0.9120
MAexp20: 0.9118
MAexp50: 0.9120
MAexp100: 0.9120
Price / MA7: +0.26%
Price / MA20: +0.24%
Price / MA50: +0.74%
Price / MA100: +1.82%
Price / MAexp7: +0.08%
Price / MAexp20: +0.10%
Price / MAexp50: +0.08%
Price / MAexp100: +0.08%

Quotes : - Real time data - Forex

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

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