AUD/CAD - 15 min. - Technical analysis published on 07/04/2024 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
61%
22%
My opinion
Bullish above 0.9145 CAD
My targets
0.9175 CAD (+0.0023)
0.9200 CAD (+0.0048)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/CAD. As long as you are above the support located at 0.9145 CAD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.9175 CAD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.9200 CAD as an objective. Crossing it would then enable buyers to target 0.9230 CAD. If the support 0.9145 CAD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.7
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Additional analysis
Quotes
The AUD/CAD price is 0.9152 CAD. The price has increased by +0.02% since the last closing and was between 0.9147 CAD and 0.9161 CAD. This implies that the price is at +0.05% from its lowest and at -0.10% from its highest.0.9147
0.9161
0.9152
A study of price movements over other periods shows the following variations:
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
A technical analysis in 15 min. of this AUD/CAD chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9111 | 0.9137 | 0.9146 | 0.9152 | 0.9156 | 0.9170 | 0.9191 |
| Change (%) | -0.45% | -0.16% | -0.07% | - | +0.04% | +0.20% | +0.43% |
| Change | -0.0041 | -0.0015 | -0.0006 | - | +0.0004 | +0.0018 | +0.0039 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9065 | 0.9090 | 0.9120 | 0.9145 | 0.9175 | 0.9200 | 0.9230 |
| Camarilla | 0.9135 | 0.9140 | 0.9145 | 0.9150 | 0.9155 | 0.9160 | 0.9165 |
| Woodie | 0.9068 | 0.9091 | 0.9123 | 0.9146 | 0.9178 | 0.9201 | 0.9233 |
| Fibonacci | 0.9090 | 0.9111 | 0.9124 | 0.9145 | 0.9166 | 0.9179 | 0.9200 |
Weekly
| 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 |
Monthly
| 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:
Technical indicators
Moving averages
| RSI (14): | 39.37 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -8.0321 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 0.9153 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9156 | |
| Elder Ray (13): | -0.0004 | |
| Super Trend (3,10): | 0.9144 | |
| Zig ZAG (10): | 0.9148 | |
| VORTEX (21): | 0.9605 | |
| Stochastique (14,3,5): | 11.20 | |
| TEMA (21): | 0.9151 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | -0.0005 | |
| Repulse (5,40,3): | -0.0523 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0013 | |
| Courbe Coppock: | 0.08 |
| MA7: | 0.9129 | |
| MA20: | 0.9111 | |
| MA50: | 0.9076 | |
| MA100: | 0.8975 | |
| MAexp7: | 0.9151 | |
| MAexp20: | 0.9152 | |
| MAexp50: | 0.9150 | |
| MAexp100: | 0.9145 | |
| Price / MA7: | +0.25% | |
| Price / MA20: | +0.45% | |
| Price / MA50: | +0.84% | |
| Price / MA100: | +1.97% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | +0.08% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on AUD/CAD at the time of the analysis were as follows:
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AUD/CAD Forecast January 6, 2023
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This member declared not having a position on this financial instrument or a related financial instrument.
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