AUD/CAD - 1H - Technical analysis published on 07/01/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Additional analysis
Quotes
The AUD/CAD price is 0.9127 CAD. On the day, this instrument gained +0.06% 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.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 Central Gaps](/medias/screeners/logo/CentralGaps.png)
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:
![Central Records Central Records](/medias/screeners/logo/CentralRecords.png)
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
Technical analysis of this 1H chart of AUD/CAD indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
![Central Indicators Central Indicators](/medias/screeners/logo/CentralIndicators.png)
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
![Central Indicators Central Indicators](/medias/screeners/logo/CentralIndicators.png)
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
![Central Patterns Central Patterns](/medias/screeners/logo/CentralPatterns.png)
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.9031 | 0.9060 | 0.9091 | 0.9120 | 0.9151 | 0.9180 | 0.9211 |
Camarilla | 0.9106 | 0.9111 | 0.9117 | 0.9122 | 0.9128 | 0.9133 | 0.9139 |
Woodie | 0.9032 | 0.9061 | 0.9092 | 0.9121 | 0.9152 | 0.9181 | 0.9212 |
Fibonacci | 0.9060 | 0.9083 | 0.9097 | 0.9120 | 0.9143 | 0.9157 | 0.9180 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.8981 | 0.9020 | 0.9071 | 0.9110 | 0.9161 | 0.9200 | 0.9251 |
Camarilla | 0.9097 | 0.9106 | 0.9114 | 0.9122 | 0.9130 | 0.9139 | 0.9147 |
Woodie | 0.8987 | 0.9023 | 0.9077 | 0.9113 | 0.9167 | 0.9203 | 0.9257 |
Fibonacci | 0.9020 | 0.9054 | 0.9076 | 0.9110 | 0.9144 | 0.9166 | 0.9200 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.8916 | 0.8981 | 0.9051 | 0.9116 | 0.9186 | 0.9251 | 0.9321 |
Camarilla | 0.9085 | 0.9097 | 0.9110 | 0.9122 | 0.9134 | 0.9147 | 0.9159 |
Woodie | 0.8920 | 0.8982 | 0.9055 | 0.9117 | 0.9190 | 0.9252 | 0.9325 |
Fibonacci | 0.8981 | 0.9032 | 0.9064 | 0.9116 | 0.9167 | 0.9199 | 0.9251 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
RSI (14): | 51.29 | |
MACD (12,26,9): | 0.0001 | |
Directional Movement: | 8.2572 | |
AROON (14): | -64.2857 | |
DEMA (21): | 0.9123 | |
Parabolic SAR (0,02-0,02-0,2): | 0.9130 | |
Elder Ray (13): | -0.0001 | |
Super Trend (3,10): | 0.9108 | |
Zig ZAG (10): | 0.9127 | |
VORTEX (21): | 1.0135 | |
Stochastique (14,3,5): | 31.03 | |
TEMA (21): | 0.9122 | |
Williams %R (14): | -44.83 | |
Chande Momentum Oscillator (20): | 0.0004 | |
Repulse (5,40,3): | 0.1236 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0045 | |
Courbe Coppock: | 0.21 |
MA7: | 0.9103 | |
MA20: | 0.9105 | |
MA50: | 0.9061 | |
MA100: | 0.8964 | |
MAexp7: | 0.9121 | |
MAexp20: | 0.9121 | |
MAexp50: | 0.9117 | |
MAexp100: | 0.9112 | |
Price / MA7: | +0.26% | |
Price / MA20: | +0.24% | |
Price / MA50: | +0.73% | |
Price / MA100: | +1.82% | |
Price / MAexp7: | +0.07% | |
Price / MAexp20: | +0.07% | |
Price / MAexp50: | +0.11% | |
Price / MAexp100: | +0.16% |
News
The last news published on AUD/CAD at the time of the generation of this analysis was as follows:
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AUD/CAD Forecast May 23, 2024
-
AUD/CAD Forecast January 6, 2023
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