AUD/CAD - 1H - Technical analysis published on 01/06/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
6%
33%
61%
My opinion
Bullish above 0.8938 CAD
My targets
0.8984 CAD (+0.0015)
0.9057 CAD (+0.0088)
My analysis
The basic bullish trend is very strong on AUD/CAD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.8938 CAD. Crossing the first resistance at 0.8984 CAD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.9057 CAD as an objective. Crossing it would then enable buyers to target 0.9102 CAD. Caution, a return to below 0.8938 CAD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.1
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Additional analysis
Quotes
The AUD/CAD price is 0.8969 CAD. On the day, this instrument lost -0.15% with the lowest point at 0.8958 CAD and the highest point at 0.9001 CAD. The deviation from the price is +0.12% for the low point and -0.36% for the high point.0.8958
0.9001
0.8969
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
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. 85.71% 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 scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 1 are bullish, 11 are neutral and 6 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.8910 | 0.8930 | 0.8938 | 0.8969 | 0.8972 | 0.8984 | 0.9102 |
Change (%) | -0.66% | -0.43% | -0.35% | - | +0.03% | +0.17% | +1.48% |
Change | -0.0059 | -0.0039 | -0.0031 | - | +0.0003 | +0.0015 | +0.0133 |
Level | Minor | Intermediate | Major | - | Intermediate | Intermediate | Major |
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 |
---|---|---|---|---|---|---|---|
Standard | 0.8887 | 0.8909 | 0.8945 | 0.8967 | 0.9003 | 0.9025 | 0.9061 |
Camarilla | 0.8966 | 0.8971 | 0.8977 | 0.8982 | 0.8987 | 0.8993 | 0.8998 |
Woodie | 0.8895 | 0.8913 | 0.8953 | 0.8971 | 0.9011 | 0.9029 | 0.9069 |
Fibonacci | 0.8909 | 0.8931 | 0.8945 | 0.8967 | 0.8989 | 0.9003 | 0.9025 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.8813 | 0.8851 | 0.8916 | 0.8954 | 0.9019 | 0.9057 | 0.9122 |
Camarilla | 0.8954 | 0.8963 | 0.8973 | 0.8982 | 0.8991 | 0.9001 | 0.9010 |
Woodie | 0.8828 | 0.8858 | 0.8931 | 0.8961 | 0.9034 | 0.9064 | 0.9137 |
Fibonacci | 0.8851 | 0.8890 | 0.8914 | 0.8954 | 0.8993 | 0.9017 | 0.9057 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.8580 | 0.8738 | 0.8819 | 0.8977 | 0.9058 | 0.9216 | 0.9297 |
Camarilla | 0.8834 | 0.8856 | 0.8878 | 0.8900 | 0.8922 | 0.8944 | 0.8966 |
Woodie | 0.8542 | 0.8719 | 0.8781 | 0.8958 | 0.9020 | 0.9197 | 0.9259 |
Fibonacci | 0.8738 | 0.8829 | 0.8886 | 0.8977 | 0.9068 | 0.9125 | 0.9216 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 51.74 | |
MACD (12,26,9): | 0.0004 | |
Directional Movement: | 4.1325 | |
AROON (14): | -14.2857 | |
DEMA (21): | 0.8974 | |
Parabolic SAR (0,02-0,02-0,2): | 0.8998 | |
Elder Ray (13): | -0.0003 | |
Super Trend (3,10): | 0.8950 | |
Zig ZAG (10): | 0.8966 | |
VORTEX (21): | 1.0875 | |
Stochastique (14,3,5): | 16.85 | |
TEMA (21): | 0.8972 | |
Williams %R (14): | -74.42 | |
Chande Momentum Oscillator (20): | -0.0012 | |
Repulse (5,40,3): | 0.0253 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0119 | |
Courbe Coppock: | 0.02 |
MA7: | 0.8947 | |
MA20: | 0.9000 | |
MA50: | 0.9075 | |
MA100: | 0.9132 | |
MAexp7: | 0.8968 | |
MAexp20: | 0.8967 | |
MAexp50: | 0.8956 | |
MAexp100: | 0.8951 | |
Price / MA7: | +0.25% | |
Price / MA20: | -0.34% | |
Price / MA50: | -1.17% | |
Price / MA100: | -1.78% | |
Price / MAexp7: | +0.01% | |
Price / MAexp20: | +0.02% | |
Price / MAexp50: | +0.15% | |
Price / MAexp100: | +0.20% |
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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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