AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 04/16/2024 (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

33%

56%

11%

My opinion

Bearish under 0.6437 USD

My targets

0.6374 USD (-0.0037)

0.6294 USD (-0.0117)

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 0.6437 USD. The sellers' bearish objective is set at 0.6374 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6294 USD. In case of crossing, the next objective would be the support located at 0.6199 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.8

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

Additional analysis

Quotes

The AUD/USD rating is 0.6411 USD. The price is lower by -0.48% since the last closing and was traded between 0.6397 USD and 0.6444 USD over the period. The price is currently at +0.22% from its lowest and -0.51% from its highest.

0.6397

0.6444

0.6411

Here is a more detailed summary of the historical variations registered by AUD/USD:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

MACD indicator: bullish divergence

Type : Bullish

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 : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6199	0.6294	0.6374	0.6411	0.6437	0.6453	0.6498
Change (%)	-3.31%	-1.82%	-0.58%	-	+0.41%	+0.66%	+1.36%
Change	-0.0212	-0.0117	-0.0037	-	+0.0026	+0.0042	+0.0087
Level	Major	Intermediate	Minor	-	Intermediate	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	0.6366	0.6401	0.6422	0.6457	0.6478	0.6513	0.6534
Camarilla	0.6427	0.6432	0.6437	0.6442	0.6447	0.6452	0.6457
Woodie	0.6358	0.6398	0.6414	0.6454	0.6470	0.6510	0.6526
Fibonacci	0.6401	0.6423	0.6436	0.6457	0.6479	0.6492	0.6513

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6209	0.6332	0.6398	0.6521	0.6587	0.6710	0.6776
Camarilla	0.6411	0.6428	0.6446	0.6463	0.6480	0.6498	0.6515
Woodie	0.6180	0.6318	0.6369	0.6507	0.6558	0.6696	0.6747
Fibonacci	0.6332	0.6405	0.6449	0.6521	0.6594	0.6638	0.6710

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6249	0.6363	0.6439	0.6553	0.6629	0.6743	0.6819
Camarilla	0.6462	0.6479	0.6497	0.6514	0.6531	0.6549	0.6566
Woodie	0.6229	0.6354	0.6419	0.6544	0.6609	0.6734	0.6799
Fibonacci	0.6363	0.6436	0.6481	0.6553	0.6626	0.6671	0.6743

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	36.51
MACD (12,26,9):	-0.0014
Directional Movement:	-18.6637
AROON (14):	-64.2857
DEMA (21):	0.6404
Parabolic SAR (0,02-0,02-0,2):	0.6425
Elder Ray (13):	-0.0011
Super Trend (3,10):	0.6442
Zig ZAG (10):	0.6410
VORTEX (21):	0.8270
Stochastique (14,3,5):	18.43
TEMA (21):	0.6403
Williams %R (14):	-56.25
Chande Momentum Oscillator (20):	-0.0007
Repulse (5,40,3):	-0.0135
ROCnROLL:	2
TRIX (15,9):	-0.0320
Courbe Coppock:	0.61

MA7:	0.6514
MA20:	0.6532
MA50:	0.6539
MA100:	0.6595
MAexp7:	0.6411
MAexp20:	0.6423
MAexp50:	0.6449
MAexp100:	0.6481
Price / MA7:	-1.58%
Price / MA20:	-1.85%
Price / MA50:	-1.96%
Price / MA100:	-2.79%
Price / MAexp7:	+0.02%
Price / MAexp20:	-0.17%
Price / MAexp50:	-0.57%
Price / MAexp100:	-1.06%

Quotes : - Real time data - Forex

News

The latest news and videos published on AUD/USD at the time of the analysis were as follows:

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

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