AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
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High / Low range: -
Type: Forex
Ticker: AUDUSD
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AUD/USD - Daily - Technical analysis published on 03/26/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 0.6633 USD
My targets
0.6498 USD (-0.0035)
0.6374 USD (-0.0159)
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 0.6633 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 0.6374 USD. In case of crossing, the next objective would be the support located at 0.6294 USD.

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
6.1

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 grmssaing84. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AUD/USD price is 0.6533 USD. On the day, this instrument lost -0.08% with the lowest point at 0.6530 USD and the highest point at 0.6559 USD. The deviation from the price is +0.05% for the low point and -0.40% for the high point.

0.6530
0.6559
0.6533

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, which identifies the highest / lowest, has detected several elements:

Central Records

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 AUD/USD in Daily shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6294 0.6374 0.6498 0.6533 0.6552 0.6633 0.6787
Change (%) -3.66% -2.43% -0.54% - +0.29% +1.53% +3.89%
Change -0.0239 -0.0159 -0.0035 - +0.0019 +0.0100 +0.0254
Level Intermediate Minor Intermediate - Major Major Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.64790.64950.65160.65320.65530.65690.6590
Camarilla0.65280.65310.65350.65380.65410.65450.6548
Woodie0.64830.64960.65200.65330.65570.65700.6594
Fibonacci0.64950.65090.65180.65320.65460.65550.6569


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.63330.64180.64650.65500.65970.66820.6729
Camarilla0.64760.64880.65000.65120.65240.65360.6548
Woodie0.63140.64090.64460.65410.65780.66730.6710
Fibonacci0.64180.64680.65000.65500.66000.66320.6682


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62570.63490.64250.65170.65930.66850.6761
Camarilla0.64540.64690.64850.65000.65150.65310.6546
Woodie0.62480.63450.64160.65130.65840.66810.6752
Fibonacci0.63490.64140.64530.65170.65820.66210.6685

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): 46.41
MACD (12,26,9): -0.0004
Directional Movement: -2.4656
AROON (14): 14.2857
DEMA (21): 0.6553
Parabolic SAR (0,02-0,02-0,2): 0.6652
Elder Ray (13): -0.0011
Super Trend (3,10): 0.6638
Zig ZAG (10): 0.6532
VORTEX (21): 0.9944
Stochastique (14,3,5): 20.54
TEMA (21): 0.6555
Williams %R (14): -82.42
Chande Momentum Oscillator (20): -0.0101
Repulse (5,40,3): -0.6198
ROCnROLL: 2
TRIX (15,9): 0.0071
Courbe Coppock: 0.01
MA7: 0.6548
MA20: 0.6558
MA50: 0.6551
MA100: 0.6588
MAexp7: 0.6547
MAexp20: 0.6557
MAexp50: 0.6564
MAexp100: 0.6565
Price / MA7: -0.23%
Price / MA20: -0.38%
Price / MA50: -0.27%
Price / MA100: -0.83%
Price / MAexp7: -0.21%
Price / MAexp20: -0.37%
Price / MAexp50: -0.47%
Price / MAexp100: -0.49%

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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