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

CAD/MXN - 1H - Technical analysis published on 04/18/2025 (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 : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 14.318 MXN
My targets
14.164 MXN (-0.061)
14.043 MXN (-0.182)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CAD/MXN as long as the price remains well below 14.318 MXN. The next bearish objective for sellers is set at 14.164 MXN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 14.043 MXN. If there is any crossing, the next objective would be the support located at 13.942 MXN. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.7

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CAD/MXN price is 14.225 MXN. On the day, this instrument lost -0.03% and was traded between 14.212 MXN and 14.246 MXN over the period. The price is currently at +0.09% from its lowest and -0.15% from its highest.

14.212
14.246
14.225

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of CAD/MXN in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is under support 1 (Daily)

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 1 (Weekly)

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1 (Monthly)

Type : Neutral

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.580 13.942 14.164 14.225 14.318 14.394 14.442
Change (%) -4.53% -1.99% -0.43% - +0.65% +1.19% +1.53%
Change -0.645 -0.283 -0.061 - +0.093 +0.169 +0.217
Level Minor Major Intermediate - Minor Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.98414.09514.16214.27314.34014.45114.518
Camarilla14.18014.19614.21314.22914.24514.26214.278
Woodie13.96214.08414.14014.26214.31814.44014.496
Fibonacci14.09514.16314.20514.27314.34114.38314.451


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.77314.04314.34514.61514.91715.18715.489
Camarilla14.49014.54214.59514.64714.69914.75214.804
Woodie13.78914.05114.36114.62314.93315.19515.505
Fibonacci14.04314.26214.39714.61514.83414.96915.187


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.09413.44013.83414.18014.57414.92015.314
Camarilla14.02514.09214.16014.22814.29614.36414.432
Woodie13.11813.45213.85814.19214.59814.93215.338
Fibonacci13.44013.72313.89714.18014.46314.63714.920

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): 45.59
MACD (12,26,9): -0.0200
Directional Movement: -4.486
AROON (14): 57.143
DEMA (21): 14.209
Parabolic SAR (0,02-0,02-0,2): 14.215
Elder Ray (13): 0.002
Super Trend (3,10): 14.281
Zig ZAG (10): 14.244
VORTEX (21): 0.9220
Stochastique (14,3,5): 55.17
TEMA (21): 14.217
Williams %R (14): -17.65
Chande Momentum Oscillator (20): 0.014
Repulse (5,40,3): 0.0750
ROCnROLL: -1
TRIX (15,9): -0.0280
Courbe Coppock: 0.08
MA7: 14.446
MA20: 14.330
MA50: 14.249
MA100: 14.260
MAexp7: 14.227
MAexp20: 14.240
MAexp50: 14.292
MAexp100: 14.359
Price / MA7: -1.53%
Price / MA20: -0.73%
Price / MA50: -0.17%
Price / MA100: -0.25%
Price / MAexp7: -0.01%
Price / MAexp20: -0.11%
Price / MAexp50: -0.47%
Price / MAexp100: -0.93%

Quotes : - Real time data - Forex

News


The latest news and videos published on CAD/MXN at the time of the analysis were as follows:

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

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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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