USD/CAD
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 12/26/2024 (GMT)

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

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 1.4364 CAD
My targets
1.4354 CAD (-0.0005)
1.4350 CAD (-0.0009)
My analysis
The bearish basic trend is very strong on USD/CAD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 1.4364 CAD. Crossing the first support at 1.4354 CAD would be a sign of a further potential price plummet. Sellers would then use the next support located at 1.4350 CAD as an objective. Crossing it would then enable sellers to target 1.4347 CAD. Caution, a return to above the resistance located at 1.4364 CAD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
0
10
6.6

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This analysis was given by OzO. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The USD/CAD rating is 1.4359 CAD. On the day, this instrument gained +0.04% and was between 1.4352 CAD and 1.4359 CAD. This implies that the price is at +0.05% from its lowest and at 0% from its highest.

1.4352
1.4359
1.4359

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of USD/CAD indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.4245 1.4305 1.4334 1.4359 1.4364 1.4397 1.4434
Change (%) -0.79% -0.38% -0.17% - +0.03% +0.26% +0.52%
Change -0.0114 -0.0054 -0.0025 - +0.0005 +0.0038 +0.0075
Level Minor Minor Intermediate - Intermediate Minor 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
Standard1.43471.43501.43541.43571.43611.43641.4368
Camarilla1.43571.43581.43581.43591.43601.43601.4361
Woodie1.43491.43501.43561.43571.43631.43641.4370
Fibonacci1.43501.43521.43541.43571.43591.43611.4364


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.39881.41021.42381.43521.44881.46021.4738
Camarilla1.43041.43271.43501.43731.43961.44191.4442
Woodie1.39981.41081.42481.43581.44981.46081.4748
Fibonacci1.41021.41981.42571.43521.44481.45071.4602


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.34671.36441.38241.40011.41811.43581.4538
Camarilla1.39061.39391.39711.40041.40371.40701.4102
Woodie1.34691.36451.38261.40021.41831.43591.4540
Fibonacci1.36441.37801.38651.40011.41371.42221.4358

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): 35.47
MACD (12,26,9): -0.0002
Directional Movement: 2.0161
AROON (14): -35.7143
DEMA (21): 1.4358
Parabolic SAR (0,02-0,02-0,2): 1.4369
Elder Ray (13): -0.0006
Super Trend (3,10): 1.4366
Zig ZAG (10): 1.4354
VORTEX (21): 0.9000
Stochastique (14,3,5): 12.70
TEMA (21): 1.4356
Williams %R (14): -85.71
Chande Momentum Oscillator (20): -0.0011
Repulse (5,40,3): -0.0190
ROCnROLL: 2
TRIX (15,9): -0.0006
Courbe Coppock: 0.09
MA7: 1.4376
MA20: 1.4209
MA50: 1.4043
MA100: 1.3819
MAexp7: 1.4357
MAexp20: 1.4360
MAexp50: 1.4362
MAexp100: 1.4365
Price / MA7: -0.12%
Price / MA20: +1.06%
Price / MA50: +2.25%
Price / MA100: +3.91%
Price / MAexp7: +0.01%
Price / MAexp20: -0.01%
Price / MAexp50: -0.02%
Price / MAexp100: -0.04%

Quotes : - Real time data - Forex

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

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