USD/CAD

- CAD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	USDCAD
ISIN:

USD/CAD - 15 min. - Technical analysis published on 08/19/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

72%

22%

My opinion

Bearish under 1.3696 CAD

My targets

1.3656 CAD (-0.0010)

1.3632 CAD (-0.0034)

My analysis

There is a bearish trend on USD/CAD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1.3696 CAD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1.3656 CAD. Then the price could move towards 1.3632 CAD. Then 1.3592 CAD by extension. Be careful, a return to above the resistance 1.3696 CAD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

6.4

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 Muhahaha. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The USD/CAD price is 1.3666 CAD. The price is lower by -0.10% since the last closing with the lowest point at 1.3661 CAD and the highest point at 1.3688 CAD. The deviation from the price is +0.04% for the low point and -0.16% for the high point.

1.3661

1.3688

1.3666

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of USD/CAD in 15 min. shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes

In fact, 13 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.3454	1.3525	1.3640	1.3666	1.3695	1.3718	1.3735
Change (%)	-1.55%	-1.03%	-0.19%	-	+0.21%	+0.38%	+0.50%
Change	-0.0212	-0.0141	-0.0026	-	+0.0029	+0.0052	+0.0069
Level	Intermediate	Minor	Intermediate	-	Minor	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.3592	1.3632	1.3656	1.3696	1.3720	1.3760	1.3784
Camarilla	1.3661	1.3667	1.3673	1.3679	1.3685	1.3691	1.3697
Woodie	1.3583	1.3628	1.3647	1.3692	1.3711	1.3756	1.3775
Fibonacci	1.3632	1.3657	1.3672	1.3696	1.3721	1.3736	1.3760

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.3577	1.3625	1.3652	1.3700	1.3727	1.3775	1.3802
Camarilla	1.3658	1.3665	1.3672	1.3679	1.3686	1.3693	1.3700
Woodie	1.3567	1.3620	1.3642	1.3695	1.3717	1.3770	1.3792
Fibonacci	1.3625	1.3654	1.3671	1.3700	1.3729	1.3746	1.3775

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.3367	1.3478	1.3643	1.3754	1.3919	1.4030	1.4195
Camarilla	1.3732	1.3757	1.3783	1.3808	1.3833	1.3859	1.3884
Woodie	1.3394	1.3492	1.3670	1.3768	1.3946	1.4044	1.4222
Fibonacci	1.3478	1.3583	1.3649	1.3754	1.3859	1.3925	1.4030

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):	39.89
MACD (12,26,9):	0.0000
Directional Movement:	-11.0417
AROON (14):	-92.8571
DEMA (21):	1.3675
Parabolic SAR (0,02-0,02-0,2):	1.3681
Elder Ray (13):	-0.0006
Super Trend (3,10):	1.3684
Zig ZAG (10):	1.3667
VORTEX (21):	1.0099
Stochastique (14,3,5):	21.11
TEMA (21):	1.3674
Williams %R (14):	-90.00
Chande Momentum Oscillator (20):	-0.0014
Repulse (5,40,3):	-0.0562
ROCnROLL:	2
TRIX (15,9):	0.0015
Courbe Coppock:	0.09

MA7:	1.3711
MA20:	1.3779
MA50:	1.3723
MA100:	1.3699
MAexp7:	1.3672
MAexp20:	1.3675
MAexp50:	1.3676
MAexp100:	1.3683
Price / MA7:	-0.33%
Price / MA20:	-0.82%
Price / MA50:	-0.42%
Price / MA100:	-0.24%
Price / MAexp7:	-0.04%
Price / MAexp20:	-0.07%
Price / MAexp50:	-0.07%
Price / MAexp100:	-0.12%

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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