USD/CAD - 15 min. - Technical analysis published on 01/13/2025 (GMT)
- 175
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 1.4408 CAD
My targets
1.4434 CAD (+0.0013)
1.4440 CAD (+0.0019)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.4408 CAD remains possible. It is advisable to trade USD/CAD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.4408 CAD. The next bullish objective for buyers is set at 1.4434 CAD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.4440 CAD. If there is any crossing, the next objective would be the resistance located at 1.4443 CAD. PS: if there is a bearish break in the support located at 1.4408 CAD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.8
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 andrewschembri007. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/CAD price is 1.4421 CAD. On the day, this instrument gained +0.04% and was between 1.4415 CAD and 1.4428 CAD. This implies that the price is at +0.04% from its lowest and at -0.05% from its highest.1.4415
1.4428
1.4421
Here is a more detailed summary of the historical variations registered by USD/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 LOW record (1st january)
Type : Bearish
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 bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.4347 | 1.4374 | 1.4410 | 1.4421 | 1.4443 | 1.4464 | 1.4534 |
| Change (%) | -0.51% | -0.33% | -0.08% | - | +0.15% | +0.30% | +0.78% |
| Change | -0.0074 | -0.0047 | -0.0011 | - | +0.0022 | +0.0043 | +0.0113 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4392 | 1.4402 | 1.4408 | 1.4418 | 1.4424 | 1.4434 | 1.4440 |
| Camarilla | 1.4411 | 1.4412 | 1.4414 | 1.4415 | 1.4417 | 1.4418 | 1.4419 |
| Woodie | 1.4391 | 1.4401 | 1.4407 | 1.4417 | 1.4423 | 1.4433 | 1.4439 |
| Fibonacci | 1.4402 | 1.4408 | 1.4412 | 1.4418 | 1.4424 | 1.4428 | 1.4434 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4146 | 1.4213 | 1.4318 | 1.4385 | 1.4490 | 1.4557 | 1.4662 |
| Camarilla | 1.4376 | 1.4392 | 1.4407 | 1.4423 | 1.4439 | 1.4455 | 1.4470 |
| Woodie | 1.4165 | 1.4223 | 1.4337 | 1.4395 | 1.4509 | 1.4567 | 1.4681 |
| Fibonacci | 1.4213 | 1.4279 | 1.4319 | 1.4385 | 1.4451 | 1.4491 | 1.4557 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3608 | 1.3796 | 1.4090 | 1.4278 | 1.4572 | 1.4760 | 1.5054 |
| Camarilla | 1.4251 | 1.4295 | 1.4339 | 1.4383 | 1.4427 | 1.4471 | 1.4516 |
| Woodie | 1.3660 | 1.3823 | 1.4142 | 1.4305 | 1.4624 | 1.4787 | 1.5106 |
| Fibonacci | 1.3796 | 1.3981 | 1.4094 | 1.4278 | 1.4463 | 1.4576 | 1.4760 |
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): | 52.41 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -2.2110 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.4422 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4426 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 1.4410 | |
| Zig ZAG (10): | 1.4425 | |
| VORTEX (21): | 0.9237 | |
| Stochastique (14,3,5): | 79.17 | |
| TEMA (21): | 1.4420 | |
| Williams %R (14): | -12.50 | |
| Chande Momentum Oscillator (20): | -0.0001 | |
| Repulse (5,40,3): | 0.0468 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0007 | |
| Courbe Coppock: | 0.07 |
| MA7: | 1.4393 | |
| MA20: | 1.4384 | |
| MA50: | 1.4171 | |
| MA100: | 1.3907 | |
| MAexp7: | 1.4422 | |
| MAexp20: | 1.4422 | |
| MAexp50: | 1.4420 | |
| MAexp100: | 1.4415 | |
| Price / MA7: | +0.19% | |
| Price / MA20: | +0.26% | |
| Price / MA50: | +1.76% | |
| Price / MA100: | +3.70% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | +0.04% |
Quotes :
-
Real time data
-
Forex
News
The last news published on USD/CAD at the time of the generation of this analysis was as follows:
-
USD/CAD Price Analysis - Is the Dam About to Break?
-
USD/CAD Price Forecast - Is the Loonie Struggling Again? (January 8, 2025 Forecast)
-
USD/CAD Price Forecast - Wild Day in the Loonie, as US Wins the World Juniors in Canada
-
USD/CAD Price Forecast - Will the Barrier Continue to Hold?
-
USD/CAD Forecast Will the Dam Break for the Canadian Dollar?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis USD/CAD - 15 min.