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

GBP/CAD - 1H - Technical analysis published on 10/22/2024 (GMT)

  • 151
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Neutral
Technical indicators
61%
6%
33%
My opinion
Neutral between 1.7942 CAD and 1.8015 CAD
My targets
-
My analysis
There is no basic trend for GBP/CAD and in the short term, there are still few sellers. It is difficult to advise a trading direction under these conditions. The first support is located at 1.7942 CAD. The first resistance is located at 1.8015 CAD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

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.

GCrow
This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GBP/CAD price is 1.7971 CAD. On the day, this instrument gained +0.06% and was between 1.7956 CAD and 1.7996 CAD. This implies that the price is at +0.08% from its lowest and at -0.14% from its highest.

1.7956
1.7996
1.7971

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 this 1H chart of GBP/CAD indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.7876 1.7903 1.7942 1.7971 1.7974 1.8015 1.8092
Change (%) -0.53% -0.38% -0.16% - +0.02% +0.24% +0.67%
Change -0.0095 -0.0068 -0.0029 - +0.0003 +0.0044 +0.0121
Level Minor Minor Intermediate - Minor Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.78641.79081.79341.79781.80041.80481.8074
Camarilla1.79411.79471.79541.79601.79661.79731.7979
Woodie1.78551.79041.79251.79741.79951.80441.8065
Fibonacci1.79081.79351.79511.79781.80051.80211.8048


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.76111.77291.78701.79881.81291.82471.8388
Camarilla1.79411.79651.79881.80121.80361.80601.8083
Woodie1.76241.77351.78831.79941.81421.82531.8401
Fibonacci1.77291.78281.78891.79881.80871.81481.8247


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.73561.75251.78091.79781.82621.84311.8715
Camarilla1.79691.80111.80531.80941.81361.81771.8219
Woodie1.74151.75541.78681.80071.83211.84601.8774
Fibonacci1.75251.76981.78051.79781.81511.82581.8431

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): 52.77
MACD (12,26,9): -0.0004
Directional Movement: 1.7207
AROON (14): -28.5714
DEMA (21): 1.7969
Parabolic SAR (0,02-0,02-0,2): 1.7955
Elder Ray (13): 0.0004
Super Trend (3,10): 1.8001
Zig ZAG (10): 1.7982
VORTEX (21): 0.9496
Stochastique (14,3,5): 78.77
TEMA (21): 1.7965
Williams %R (14): -12.50
Chande Momentum Oscillator (20): 0.0016
Repulse (5,40,3): 0.0592
ROCnROLL: 1
TRIX (15,9): -0.0060
Courbe Coppock: 0.11
MA7: 1.7974
MA20: 1.7949
MA50: 1.7869
MA100: 1.7709
MAexp7: 1.7974
MAexp20: 1.7975
MAexp50: 1.7977
MAexp100: 1.7972
Price / MA7: -0.02%
Price / MA20: +0.12%
Price / MA50: +0.57%
Price / MA100: +1.48%
Price / MAexp7: -0.01%
Price / MAexp20: -0.02%
Price / MAexp50: -0.03%
Price / MAexp100: -0%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on GBP/CAD. At the time of publication of this analysis, the latest news was as follows:

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

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Londinia
Londinia AI

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