Dotbee.ai

Analysis of CAD/USD for 15min

7/11/2024

Analysis of CAD/USD for 15min

Analysis of CAD/USD

Based on the provided data for the CAD/USD currency pair at 15-minute intervals, here is a short analysis:

1. Price Movement:
- The price of CAD/USD has been relatively stable, with minor fluctuations between 0.73420 and 0.73716.
- The price closed at 0.73716, which was the same as the opening price in the latest data point.

2. Technical Indicators:
- RSI Indicator: The Relative Strength Index (RSI) values range from 50.61546 to 85.16985, indicating fluctuations in market momentum.
- MACD Indicator: The Moving Average Convergence Divergence (MACD) values are close to each other, suggesting a potential convergence or divergence in the near future.
- MA Indicator: The Moving Average (MA) values show a slight increase over time, indicating a possible uptrend.

3. Moving Averages:
- SMA, EMA, and WMA values are relatively close to each other, suggesting a similar trend in the short term.

4. Overall:
- The RSI values indicate some overbought conditions, especially at 85.16985.
- The MACD values suggest a potential change in momentum.
- Moving averages show a slight uptrend in the short term.

In conclusion, the CAD/USD pair has shown stability with minor fluctuations, and technical indicators suggest a potential change in momentum. Traders may want to monitor the market closely for any signs of a trend reversal or continuation.

MACD of CAD/USD

This is not investment advice. Remember to verify the information provided here.

Get access to the full analysis

  • Over 35 000 indexes
  • CFD, Forex, Crypto and Stocks Exchange
  • Over 150 Indicators
  • Pattern and candle analysis
  • Support and resistance levels
  • Fundamental, technical and sentimental analysis
  • Power from AI
Web versionApp StoreGoogle Play

Contacts

Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment S.A. at ul. Nowy Swiat 33/13, 00-029 Warsaw, Poland, Register number KRS 0000895826, share capital in the amount of 201.4 mln PLN, NIP 5252859204, REGON 388760204