AUD/USD - 1H - Technical analysis published on 03/04/2024 (GMT)
- 111
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
28%
22%
50%
My opinion
Neutral between 0.6514 USD and 0.6533 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.6533 USD. The first support is located at 0.6514 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 dtaccori. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/USD rating 0.6521 USD. The price registered a decrease of -0.08% on the session and was between 0.6515 USD and 0.6536 USD. This implies that the price is at +0.09% from its lowest and at -0.23% from its highest.0.6515
0.6536
0.6521
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
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
A technical analysis in 1H of this AUD/USD chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.6453 | 0.6498 | 0.6514 | 0.6521 | 0.6533 | 0.6552 | 0.6581 |
Change (%) | -1.04% | -0.35% | -0.11% | - | +0.18% | +0.48% | +0.92% |
Change | -0.0068 | -0.0023 | -0.0007 | - | +0.0012 | +0.0031 | +0.0060 |
Level | Intermediate | Major | Intermediate | - | Major | Major | Minor |
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 |
---|---|---|---|---|---|---|---|
Standard | 0.6454 | 0.6471 | 0.6499 | 0.6516 | 0.6544 | 0.6561 | 0.6589 |
Camarilla | 0.6514 | 0.6518 | 0.6522 | 0.6526 | 0.6530 | 0.6534 | 0.6538 |
Woodie | 0.6459 | 0.6474 | 0.6504 | 0.6519 | 0.6549 | 0.6564 | 0.6594 |
Fibonacci | 0.6471 | 0.6489 | 0.6499 | 0.6516 | 0.6534 | 0.6544 | 0.6561 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6405 | 0.6446 | 0.6486 | 0.6527 | 0.6567 | 0.6608 | 0.6648 |
Camarilla | 0.6504 | 0.6511 | 0.6519 | 0.6526 | 0.6533 | 0.6541 | 0.6548 |
Woodie | 0.6405 | 0.6446 | 0.6486 | 0.6527 | 0.6567 | 0.6608 | 0.6648 |
Fibonacci | 0.6446 | 0.6477 | 0.6496 | 0.6527 | 0.6558 | 0.6577 | 0.6608 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6257 | 0.6349 | 0.6425 | 0.6517 | 0.6593 | 0.6685 | 0.6761 |
Camarilla | 0.6454 | 0.6469 | 0.6485 | 0.6500 | 0.6515 | 0.6531 | 0.6546 |
Woodie | 0.6248 | 0.6345 | 0.6416 | 0.6513 | 0.6584 | 0.6681 | 0.6752 |
Fibonacci | 0.6349 | 0.6414 | 0.6453 | 0.6517 | 0.6582 | 0.6621 | 0.6685 |
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): | 54.64 | |
MACD (12,26,9): | 0.0003 | |
Directional Movement: | 1.1965 | |
AROON (14): | -35.7143 | |
DEMA (21): | 0.6526 | |
Parabolic SAR (0,02-0,02-0,2): | 0.6514 | |
Elder Ray (13): | 0.0003 | |
Super Trend (3,10): | 0.6503 | |
Zig ZAG (10): | 0.6526 | |
VORTEX (21): | 1.1095 | |
Stochastique (14,3,5): | 33.33 | |
TEMA (21): | 0.6527 | |
Williams %R (14): | -47.62 | |
Chande Momentum Oscillator (20): | -0.0004 | |
Repulse (5,40,3): | 0.0602 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0107 | |
Courbe Coppock: | 0.04 |
MA7: | 0.6527 | |
MA20: | 0.6525 | |
MA50: | 0.6604 | |
MA100: | 0.6554 | |
MAexp7: | 0.6523 | |
MAexp20: | 0.6521 | |
MAexp50: | 0.6516 | |
MAexp100: | 0.6519 | |
Price / MA7: | -0.09% | |
Price / MA20: | -0.06% | |
Price / MA50: | -1.26% | |
Price / MA100: | -0.50% | |
Price / MAexp7: | -0.03% | |
Price / MAexp20: | -0% | |
Price / MAexp50: | +0.08% | |
Price / MAexp100: | +0.03% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on AUD/USD. At the time of publication of this analysis, the latest news was as follows:
- AUD/USD Forecast March 4, 2024
- AUD/USD Long Term Forecast and Technical Analysis for March 01, 2024, by Chris Lewis for FX Empire
- AUD/USD Daily Forecast and Technical Analysis for March 01, 2024, by Chris Lewis for FX Empire
- Technical Analysis: 01/03/2024 - AUDUSD retreats after rejection at 200-day SMA
- AUD/USD Forecast March 1, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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