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

USD/CAD - 1H - Technical analysis published on 05/31/2024 (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: Slightly bullish
Technical indicators
44%
17%
39%
My opinion
Neutral between 1.3671 CAD and 1.3725 CAD
My targets
-
My analysis
The short-term decline on USD/CAD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 1.3671 CAD. The first resistance is located at 1.3725 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.

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

Additional analysis

Quotes

The USD/CAD rating is 1.3686 CAD. The price has increased by +0.02% since the last closing and was traded between 1.3679 CAD and 1.3690 CAD over the period. The price is currently at +0.05% from its lowest and -0.03% from its highest.

1.3679
1.3690
1.3686

Here is a more detailed summary of the historical variations registered by USD/CAD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of USD/CAD indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 8 technical indicators out of 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3639 1.3657 1.3671 1.3686 1.3692 1.3725 1.3744
Change (%) -0.34% -0.21% -0.11% - +0.04% +0.28% +0.42%
Change -0.0047 -0.0029 -0.0015 - +0.0006 +0.0039 +0.0058
Level Minor Minor Minor - Major Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.35761.36181.36511.36931.37261.37681.3801
Camarilla1.36631.36701.36771.36841.36911.36981.3705
Woodie1.35721.36161.36471.36911.37221.37661.3797
Fibonacci1.36181.36471.36641.36931.37221.37391.3768


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.34441.35201.35921.36681.37401.38161.3888
Camarilla1.36231.36371.36501.36641.36781.36911.3705
Woodie1.34421.35191.35901.36671.37381.38151.3886
Fibonacci1.35201.35771.36121.36681.37251.37601.3816


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.31871.33331.35551.37011.39231.40691.4291
Camarilla1.36771.37111.37441.37781.38121.38461.3879
Woodie1.32261.33521.35941.37201.39621.40881.4330
Fibonacci1.33331.34731.35601.37011.38411.39281.4069

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 44.92
MACD (12,26,9): -0.0005
Directional Movement: 0.5756
AROON (14): -21.4286
DEMA (21): 1.3682
Parabolic SAR (0,02-0,02-0,2): 1.3664
Elder Ray (13): 0
Super Trend (3,10): 1.3707
Zig ZAG (10): 1.3682
VORTEX (21): 0.8280
Stochastique (14,3,5): 46.83
TEMA (21): 1.3675
Williams %R (14): -46.51
Chande Momentum Oscillator (20): 0.0016
Repulse (5,40,3): 0.0195
ROCnROLL: -1
TRIX (15,9): -0.0053
Courbe Coppock: 0.30
MA7: 1.3680
MA20: 1.3667
MA50: 1.3661
MA100: 1.3579
MAexp7: 1.3683
MAexp20: 1.3687
MAexp50: 1.3686
MAexp100: 1.3678
Price / MA7: +0.04%
Price / MA20: +0.14%
Price / MA50: +0.18%
Price / MA100: +0.79%
Price / MAexp7: +0.02%
Price / MAexp20: -0.01%
Price / MAexp50: -0%
Price / MAexp100: +0.06%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on USD/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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