GBP/CAD - 15 min. - Technical analysis published on 12/02/2024 (GMT)
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- 0
- Timeframe : 15 min.
- - 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
22%
56%
22%
My opinion
Neutral between 1.7779 CAD and 1.7815 CAD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 1.7779 CAD. The first resistance is located at 1.7815 CAD. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by GBP/CAD.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/CAD price is 1.7803 CAD. The price registered a decrease of -0.17% on the session with the lowest point at 1.7794 CAD and the highest point at 1.7839 CAD. The deviation from the price is +0.05% for the low point and -0.20% for the high point.1.7794
1.7839
1.7803
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/CAD:
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
A technical analysis in 15 min. of this GBP/CAD chart shows a neutral trend. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.7534 | 1.7603 | 1.7767 | 1.7803 | 1.7836 | 1.7870 | 1.7972 |
| Change (%) | -1.51% | -1.12% | -0.20% | - | +0.19% | +0.38% | +0.95% |
| Change | -0.0269 | -0.0200 | -0.0036 | - | +0.0033 | +0.0067 | +0.0169 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7688 | 1.7724 | 1.7779 | 1.7815 | 1.7870 | 1.7906 | 1.7961 |
| Camarilla | 1.7809 | 1.7817 | 1.7826 | 1.7834 | 1.7842 | 1.7851 | 1.7859 |
| Woodie | 1.7698 | 1.7729 | 1.7789 | 1.7820 | 1.7880 | 1.7911 | 1.7971 |
| Fibonacci | 1.7724 | 1.7759 | 1.7780 | 1.7815 | 1.7850 | 1.7871 | 1.7906 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7311 | 1.7423 | 1.7628 | 1.7740 | 1.7945 | 1.8057 | 1.8262 |
| Camarilla | 1.7747 | 1.7776 | 1.7805 | 1.7834 | 1.7863 | 1.7892 | 1.7921 |
| Woodie | 1.7359 | 1.7446 | 1.7676 | 1.7763 | 1.7993 | 1.8080 | 1.8310 |
| Fibonacci | 1.7423 | 1.7544 | 1.7619 | 1.7740 | 1.7861 | 1.7936 | 1.8057 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6926 | 1.7203 | 1.7518 | 1.7795 | 1.8110 | 1.8387 | 1.8702 |
| Camarilla | 1.7671 | 1.7726 | 1.7780 | 1.7834 | 1.7888 | 1.7943 | 1.7997 |
| Woodie | 1.6946 | 1.7213 | 1.7538 | 1.7805 | 1.8130 | 1.8397 | 1.8722 |
| Fibonacci | 1.7203 | 1.7429 | 1.7569 | 1.7795 | 1.8021 | 1.8161 | 1.8387 |
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): | 46.43 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -6.8242 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 1.7807 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.7815 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 1.7829 | |
| Zig ZAG (10): | 1.7805 | |
| VORTEX (21): | 1.0432 | |
| Stochastique (14,3,5): | 39.58 | |
| TEMA (21): | 1.7807 | |
| Williams %R (14): | -62.50 | |
| Chande Momentum Oscillator (20): | -0.0002 | |
| Repulse (5,40,3): | -0.0120 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0008 | |
| Courbe Coppock: | 0.01 |
| MA7: | 1.7723 | |
| MA20: | 1.7793 | |
| MA50: | 1.7896 | |
| MA100: | 1.7828 | |
| MAexp7: | 1.7807 | |
| MAexp20: | 1.7808 | |
| MAexp50: | 1.7808 | |
| MAexp100: | 1.7802 | |
| Price / MA7: | +0.45% | |
| Price / MA20: | +0.06% | |
| Price / MA50: | -0.52% | |
| Price / MA100: | -0.14% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | +0.01% |
Quotes :
-
Real time data
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Forex
News
The last news published on GBP/CAD at the time of the generation of this analysis was as follows:
-
GBP/CAD Forecast November 21, 2024
-
GBP/CAD Forecast October 14, 2024
-
GBP/CAD Forecast September 2, 2024
-
GBP/CAD Forecast August 29, 2024
-
GBP/CAD Forecast August 13, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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