GBP/CAD - 15 min. - Technical analysis published on 10/22/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
50%
17%
33%
My opinion
Neutral between 1.7934 CAD and 1.7978 CAD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on GBP/CAD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.7978 CAD. The first support is located at 1.7934 CAD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/CAD rating 1.7972 CAD. On the day, this instrument gained +0.07% and was traded between 1.7956 CAD and 1.7996 CAD over the period. The price is currently at +0.09% from its lowest and -0.13% from its highest.1.7956
1.7996
1.7972
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GBP/CAD in 15 min. shows an overall slightly bullish trend. 50.00% 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. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
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 | 1.7876 | 1.7903 | 1.7942 | 1.7972 | 1.7974 | 1.8015 | 1.8092 |
| Change (%) | -0.53% | -0.38% | -0.17% | - | +0.01% | +0.24% | +0.67% |
| Change | -0.0096 | -0.0069 | -0.0030 | - | +0.0002 | +0.0043 | +0.0120 |
| Level | Minor | Minor | Intermediate | - | Minor | 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 | 1.7864 | 1.7908 | 1.7934 | 1.7978 | 1.8004 | 1.8048 | 1.8074 |
| Camarilla | 1.7941 | 1.7947 | 1.7954 | 1.7960 | 1.7966 | 1.7973 | 1.7979 |
| Woodie | 1.7855 | 1.7904 | 1.7925 | 1.7974 | 1.7995 | 1.8044 | 1.8065 |
| Fibonacci | 1.7908 | 1.7935 | 1.7951 | 1.7978 | 1.8005 | 1.8021 | 1.8048 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7611 | 1.7729 | 1.7870 | 1.7988 | 1.8129 | 1.8247 | 1.8388 |
| Camarilla | 1.7941 | 1.7965 | 1.7988 | 1.8012 | 1.8036 | 1.8060 | 1.8083 |
| Woodie | 1.7624 | 1.7735 | 1.7883 | 1.7994 | 1.8142 | 1.8253 | 1.8401 |
| Fibonacci | 1.7729 | 1.7828 | 1.7889 | 1.7988 | 1.8087 | 1.8148 | 1.8247 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7356 | 1.7525 | 1.7809 | 1.7978 | 1.8262 | 1.8431 | 1.8715 |
| Camarilla | 1.7969 | 1.8011 | 1.8053 | 1.8094 | 1.8136 | 1.8177 | 1.8219 |
| Woodie | 1.7415 | 1.7554 | 1.7868 | 1.8007 | 1.8321 | 1.8460 | 1.8774 |
| Fibonacci | 1.7525 | 1.7698 | 1.7805 | 1.7978 | 1.8151 | 1.8258 | 1.8431 |
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): | 63.17 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 13.9562 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 1.7987 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.7979 | |
| Elder Ray (13): | 0.0003 | |
| Super Trend (3,10): | 1.7971 | |
| Zig ZAG (10): | 1.7982 | |
| VORTEX (21): | 1.0933 | |
| Stochastique (14,3,5): | 58.87 | |
| TEMA (21): | 1.7989 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | 0.0004 | |
| Repulse (5,40,3): | -0.0117 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0040 | |
| Courbe Coppock: | 0.12 |
| MA7: | 1.7974 | |
| MA20: | 1.7949 | |
| MA50: | 1.7869 | |
| MA100: | 1.7709 | |
| MAexp7: | 1.7983 | |
| MAexp20: | 1.7981 | |
| MAexp50: | 1.7976 | |
| MAexp100: | 1.7978 | |
| Price / MA7: | -0.01% | |
| Price / MA20: | +0.13% | |
| Price / MA50: | +0.58% | |
| Price / MA100: | +1.49% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | -0.03% |
Quotes :
-
Real time data
-
Forex
News
The last news published on GBP/CAD at the time of the generation of this analysis was as follows:
-
GBP/CAD Forecast October 14, 2024
-
GBP/CAD Forecast September 2, 2024
-
GBP/CAD Forecast August 29, 2024
-
GBP/CAD Forecast August 13, 2024
-
GBPCAD Sports a Trend That Belies Uncertainty and High Risk of Volatility (Quick Take Video)
This member declared not having a position on this financial instrument or a related financial instrument.
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