CAD/NOK

- NOK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	CADNOK
ISIN:

CAD/NOK - 1H - Technical analysis published on 02/07/2025 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

83%

17%

My opinion

Neutral between 7.8231 NOK and 7.8580 NOK

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 7.8580 NOK. The first support is located at 7.8231 NOK. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

Comment on the analysis

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:

Additional analysis

Quotes

The CAD/NOK price is 7.8349 NOK. On the day, this instrument lost -0.03% and was traded between 7.8107 NOK and 7.8512 NOK over the period. The price is currently at +0.31% from its lowest and -0.21% from its highest.

7.8107

7.8512

7.8349

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 this 1H chart of CAD/NOK indicates that the overall trend is slightly bullish. 46.43% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

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

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.7826	7.8116	7.8231	7.8349	7.8580	7.8744	7.8912
Change (%)	-0.67%	-0.30%	-0.15%	-	+0.29%	+0.50%	+0.72%
Change	-0.0523	-0.0233	-0.0118	-	+0.0231	+0.0395	+0.0563
Level	Intermediate	Minor	Major	-	Intermediate	Major	Minor

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	7.7790	7.8034	7.8202	7.8446	7.8614	7.8858	7.9026
Camarilla	7.8257	7.8295	7.8332	7.8370	7.8408	7.8446	7.8483
Woodie	7.7752	7.8015	7.8164	7.8427	7.8576	7.8839	7.8988
Fibonacci	7.8034	7.8191	7.8289	7.8446	7.8603	7.8701	7.8858

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.6476	7.7031	7.7474	7.8029	7.8472	7.9027	7.9470
Camarilla	7.7644	7.7735	7.7827	7.7918	7.8010	7.8101	7.8193
Woodie	7.6421	7.7003	7.7419	7.8001	7.8417	7.8999	7.9415
Fibonacci	7.7031	7.7412	7.7647	7.8029	7.8410	7.8645	7.9027

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.4690	7.6137	7.7028	7.8475	7.9366	8.0813	8.1704
Camarilla	7.7275	7.7489	7.7704	7.7918	7.8132	7.8347	7.8561
Woodie	7.4411	7.5998	7.6749	7.8336	7.9087	8.0674	8.1425
Fibonacci	7.6137	7.7030	7.7582	7.8475	7.9368	7.9920	8.0813

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):	56.34
MACD (12,26,9):	-0.0014
Directional Movement:	11.6473
AROON (14):	0
DEMA (21):	7.8305
Parabolic SAR (0,02-0,02-0,2):	7.8107
Elder Ray (13):	0.0124
Super Trend (3,10):	7.8549
Zig ZAG (10):	7.8432
VORTEX (21):	1.0000
Stochastique (14,3,5):	57.99
TEMA (21):	7.8312
Williams %R (14):	-18.27
Chande Momentum Oscillator (20):	0.0150
Repulse (5,40,3):	0.1560
ROCnROLL:	1
TRIX (15,9):	-0.0058
Courbe Coppock:	0.08

MA7:	7.8356
MA20:	7.8608
MA50:	7.8746
MA100:	7.8723
MAexp7:	7.8326
MAexp20:	7.8330
MAexp50:	7.8362
MAexp100:	7.8359
Price / MA7:	-0.01%
Price / MA20:	-0.33%
Price / MA50:	-0.50%
Price / MA100:	-0.48%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.02%
Price / MAexp50:	-0.02%
Price / MAexp100:	-0.01%

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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Londinia AI

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