AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
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AUD/USD - 1H - Technical analysis published on 12/20/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 0.6756 USD

My targets

0.6784 USD (+0.0018)

0.6845 USD (+0.0079)

My analysis

The bullish trend is currently very strong on AUD/USD. As long as the price remains above the support at 0.6756 USD, you could try to benefit from the boom. The first bullish objective is located at 0.6784 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.6845 USD as an objective. Crossing it would then enable buyers to target 0.6878 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

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

Additional analysis

Quotes

The AUD/USD rating is 0.6766 USD. The price registered an increase of +0.10% on the session and was traded between 0.6748 USD and 0.6777 USD over the period. The price is currently at +0.27% from its lowest and -0.16% from its highest.

0.6748

0.6777

0.6766

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

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AUD/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6675	0.6728	0.6756	0.6766	0.6784	0.6878	0.7140
Change (%)	-1.34%	-0.56%	-0.15%	-	+0.27%	+1.66%	+5.53%
Change	-0.0091	-0.0038	-0.0010	-	+0.0018	+0.0112	+0.0374
Level	Major	Intermediate	Minor	-	Intermediate	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	0.6644	0.6674	0.6716	0.6746	0.6788	0.6818	0.6860
Camarilla	0.6739	0.6746	0.6752	0.6759	0.6766	0.6772	0.6779
Woodie	0.6651	0.6677	0.6723	0.6749	0.6795	0.6821	0.6867
Fibonacci	0.6674	0.6701	0.6718	0.6746	0.6773	0.6790	0.6818

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6392	0.6465	0.6582	0.6655	0.6772	0.6845	0.6962
Camarilla	0.6646	0.6663	0.6681	0.6698	0.6715	0.6733	0.6750
Woodie	0.6413	0.6476	0.6603	0.6666	0.6793	0.6856	0.6983
Fibonacci	0.6465	0.6538	0.6583	0.6655	0.6728	0.6773	0.6845

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6031	0.6175	0.6390	0.6534	0.6749	0.6893	0.7108
Camarilla	0.6507	0.6540	0.6573	0.6606	0.6639	0.6672	0.6705
Woodie	0.6068	0.6193	0.6427	0.6552	0.6786	0.6911	0.7145
Fibonacci	0.6175	0.6312	0.6397	0.6534	0.6671	0.6756	0.6893

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):	63.53
MACD (12,26,9):	0.0010
Directional Movement:	14.5000
AROON (14):	21.4286
DEMA (21):	0.6773
Parabolic SAR (0,02-0,02-0,2):	0.6754
Elder Ray (13):	0.0006
Super Trend (3,10):	0.6742
Zig ZAG (10):	0.6769
VORTEX (21):	1.1667
Stochastique (14,3,5):	71.26
TEMA (21):	0.6774
Williams %R (14):	-31.03
Chande Momentum Oscillator (20):	0.0006
Repulse (5,40,3):	-0.0691
ROCnROLL:	1
TRIX (15,9):	0.0237
Courbe Coppock:	0.25

MA7:	0.6694
MA20:	0.6632
MA50:	0.6494
MA100:	0.6465
MAexp7:	0.6767
MAexp20:	0.6760
MAexp50:	0.6741
MAexp100:	0.6714
Price / MA7:	+1.08%
Price / MA20:	+2.02%
Price / MA50:	+4.19%
Price / MA100:	+4.66%
Price / MAexp7:	-0.01%
Price / MAexp20:	+0.09%
Price / MAexp50:	+0.37%
Price / MAexp100:	+0.77%

Quotes : - Real time data - Forex

News

The last news published on AUD/USD at the time of the generation of this analysis was as follows:

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

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