AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 03/19/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 0.6552 USD

My targets

0.6498 USD (-0.0007)

0.6440 USD (-0.0065)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/USD as long as the price remains well below 0.6552 USD. The sellers' bearish objective is set at 0.6498 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6440 USD. In case of crossing, the next objective would be the support located at 0.6374 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.7

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

Additional analysis

Quotes

The AUD/USD rating is 0.6505 USD. The price registered a decrease of -0.79% on the session with the lowest point at 0.6504 USD and the highest point at 0.6564 USD. The deviation from the price is +0.02% for the low point and -0.90% for the high point.

0.6504

0.6564

0.6505

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

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

Technical analysis of this 1H chart of AUD/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6294	0.6374	0.6498	0.6505	0.6552	0.6574	0.6597
Change (%)	-3.24%	-2.01%	-0.11%	-	+0.72%	+1.06%	+1.41%
Change	-0.0211	-0.0131	-0.0007	-	+0.0047	+0.0069	+0.0092
Level	Intermediate	Minor	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	0.6523	0.6536	0.6547	0.6560	0.6571	0.6584	0.6595
Camarilla	0.6550	0.6553	0.6555	0.6557	0.6559	0.6561	0.6564
Woodie	0.6521	0.6536	0.6545	0.6560	0.6569	0.6584	0.6593
Fibonacci	0.6536	0.6546	0.6551	0.6560	0.6570	0.6575	0.6584

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6440	0.6496	0.6527	0.6583	0.6614	0.6670	0.6701
Camarilla	0.6534	0.6542	0.6550	0.6558	0.6566	0.6574	0.6582
Woodie	0.6428	0.6490	0.6515	0.6577	0.6602	0.6664	0.6689
Fibonacci	0.6496	0.6529	0.6550	0.6583	0.6616	0.6637	0.6670

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	20.73
MACD (12,26,9):	-0.0013
Directional Movement:	-23.7848
AROON (14):	-42.8571
DEMA (21):	0.6523
Parabolic SAR (0,02-0,02-0,2):	0.6553
Elder Ray (13):	-0.0020
Super Trend (3,10):	0.6543
Zig ZAG (10):	0.6506
VORTEX (21):	0.6946
Stochastique (14,3,5):	8.72
TEMA (21):	0.6515
Williams %R (14):	-98.33
Chande Momentum Oscillator (20):	-0.0054
Repulse (5,40,3):	-0.3109
ROCnROLL:	2
TRIX (15,9):	-0.0184
Courbe Coppock:	1.11

MA7:	0.6578
MA20:	0.6558
MA50:	0.6563
MA100:	0.6581
MAexp7:	0.6521
MAexp20:	0.6538
MAexp50:	0.6555
MAexp100:	0.6568
Price / MA7:	-1.11%
Price / MA20:	-0.81%
Price / MA50:	-0.88%
Price / MA100:	-1.15%
Price / MAexp7:	-0.25%
Price / MAexp20:	-0.50%
Price / MAexp50:	-0.76%
Price / MAexp100:	-0.96%

Quotes : - Real time data - 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:

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

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