AUD/CAD
AUD CAD
- CAD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDCAD
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AUD/CAD - Daily - Technical analysis published on 11/13/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.9191 CAD
My targets
0.9063 CAD (-0.0044)
0.8962 CAD (-0.0145)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on AUD/CAD as long as the price remains well below 0.9191 CAD. The next bearish objective for sellers is set at 0.9063 CAD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.8962 CAD. In case of crossing, the next objective would be the support located at 0.8862 CAD.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.8

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 OzO. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

AUD/CAD rating 0.9107 CAD. The price has increased by +0.01% since the last closing with the lowest point at 0.9092 CAD and the highest point at 0.9121 CAD. The deviation from the price is +0.16% for the low point and -0.15% for the high point.

0.9092
0.9121
0.9107

Here is a more detailed summary of the historical variations registered by AUD/CAD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

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 AUD/CAD in Daily shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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 : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.8862 0.8962 0.9063 0.9107 0.9126 0.9191 0.9251
Change (%) -2.69% -1.59% -0.48% - +0.21% +0.92% +1.58%
Change -0.0245 -0.0145 -0.0044 - +0.0019 +0.0084 +0.0144
Level Minor Major Intermediate - 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
Standard0.90030.90460.90760.91190.91490.91920.9222
Camarilla0.90860.90930.90990.91060.91130.91190.9126
Woodie0.89970.90430.90700.91160.91430.91890.9216
Fibonacci0.90460.90740.90910.91190.91470.91640.9192


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.88630.89670.90620.91660.92610.93650.9460
Camarilla0.91010.91200.91380.91560.91740.91930.9211
Woodie0.88580.89650.90570.91640.92560.93630.9455
Fibonacci0.89670.90430.90900.91660.92420.92890.9365


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.87720.89350.90500.92130.93280.94910.9606
Camarilla0.90880.91130.91390.91640.91900.92150.9241
Woodie0.87470.89230.90250.92010.93030.94790.9581
Fibonacci0.89350.90420.91070.92130.93200.93850.9491

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): 42.32
MACD (12,26,9): -0.0019
Directional Movement: -5.8135
AROON (14): 7.1429
DEMA (21): 0.9149
Parabolic SAR (0,02-0,02-0,2): 0.9084
Elder Ray (13): -0.0053
Super Trend (3,10): 0.9297
Zig ZAG (10): 0.9109
VORTEX (21): 0.9234
Stochastique (14,3,5): 26.13
TEMA (21): 0.9129
Williams %R (14): -81.91
Chande Momentum Oscillator (20): -0.0035
Repulse (5,40,3): -0.4468
ROCnROLL: 2
TRIX (15,9): -0.0221
Courbe Coppock: 0.93
MA7: 0.9161
MA20: 0.9174
MA50: 0.9193
MA100: 0.9156
MAexp7: 0.9144
MAexp20: 0.9170
MAexp50: 0.9176
MAexp100: 0.9148
Price / MA7: -0.59%
Price / MA20: -0.73%
Price / MA50: -0.94%
Price / MA100: -0.54%
Price / MAexp7: -0.40%
Price / MAexp20: -0.69%
Price / MAexp50: -0.75%
Price / MAexp100: -0.45%

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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