USD/CAD
USD CAD
- CAD (-)
- Real time data - Forex
Open: -
Change: -
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High: -
High / Low range: -
Type: Forex
Ticker: USDCAD
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USD/CAD - 15 min. - Technical analysis published on 01/23/2025 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 1.4433 CAD
My targets
1.4330 CAD (-0.0039)
1.4264 CAD (-0.0105)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on USD/CAD as long as the price remains well below 1.4433 CAD. The next bearish objective for sellers is set at 1.4330 CAD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 1.4264 CAD. If there is any crossing, the next objective would be the support located at 1.4227 CAD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

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
4.6

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 akigoldstein. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

USD/CAD rating 1.4369 CAD. The price is lower by -0.19% since the last closing and was traded between 1.4363 CAD and 1.4414 CAD over the period. The price is currently at +0.04% from its lowest and -0.31% from its highest.

1.4363
1.4414
1.4369

Here is a more detailed summary of the historical variations registered by USD/CAD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of USD/CAD in 15 min. shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes



The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 15 minutes


Support of channel is broken

Type : Bearish

Timeframe : 15 minutes



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.4301 1.4344 1.4367 1.4369 1.4390 1.4453 1.4486
Change (%) -0.47% -0.17% -0.01% - +0.15% +0.58% +0.81%
Change -0.0068 -0.0025 -0.0002 - +0.0021 +0.0084 +0.0117
Level Major Major Minor - Intermediate Major Intermediate



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
Standard1.42271.42641.43301.43671.44331.44701.4536
Camarilla1.43681.43771.43871.43961.44051.44151.4424
Woodie1.42421.42711.43451.43741.44481.44771.4551
Fibonacci1.42641.43031.43281.43671.44061.44311.4470


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.41731.42381.43561.44211.45391.46041.4722
Camarilla1.44251.44421.44581.44751.44921.45091.4525
Woodie1.42011.42511.43841.44341.45671.46171.4750
Fibonacci1.42381.43081.43511.44211.44911.45341.4604


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.36081.37961.40901.42781.45721.47601.5054
Camarilla1.42511.42951.43391.43831.44271.44711.4516
Woodie1.36601.38231.41421.43051.46241.47871.5106
Fibonacci1.37961.39811.40941.42781.44631.45761.4760

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): 38.47
MACD (12,26,9): -0.0004
Directional Movement: -5.2700
AROON (14): -57.1428
DEMA (21): 1.4383
Parabolic SAR (0,02-0,02-0,2): 1.4396
Elder Ray (13): -0.0005
Super Trend (3,10): 1.4406
Zig ZAG (10): 1.4376
VORTEX (21): 0.9455
Stochastique (14,3,5): 22.73
TEMA (21): 1.4379
Williams %R (14): -70.45
Chande Momentum Oscillator (20): -0.0022
Repulse (5,40,3): -0.1139
ROCnROLL: 2
TRIX (15,9): -0.0018
Courbe Coppock: 0.30
MA7: 1.4373
MA20: 1.4382
MA50: 1.4234
MA100: 1.3968
MAexp7: 1.4381
MAexp20: 1.4389
MAexp50: 1.4389
MAexp100: 1.4385
Price / MA7: -0.03%
Price / MA20: -0.09%
Price / MA50: +0.95%
Price / MA100: +2.87%
Price / MAexp7: -0.08%
Price / MAexp20: -0.14%
Price / MAexp50: -0.14%
Price / MAexp100: -0.11%

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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