AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 04/26/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 0.6490 USD

My targets

0.6552 USD (+0.0032)

0.6631 USD (+0.0111)

My analysis

AUD/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.6490 USD. The next resistance located at 0.6552 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.6631 USD. After this resistance, buyers could then target 0.6787 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

Force

7.9

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 0.6520 USD. The price is lower by -0.03% since the last closing and was between 0.6518 USD and 0.6532 USD. This implies that the price is at +0.03% from its lowest and at -0.18% from its highest.

0.6518

0.6532

0.6520

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:

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 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 bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

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	0.6411	0.6456	0.6490	0.6520	0.6552	0.6631	0.6787
Change (%)	-1.67%	-0.98%	-0.46%	-	+0.49%	+1.70%	+4.10%
Change	-0.0109	-0.0064	-0.0030	-	+0.0032	+0.0111	+0.0267
Level	Intermediate	Intermediate	Major	-	Intermediate	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
Standard	0.6438	0.6461	0.6492	0.6515	0.6546	0.6569	0.6600
Camarilla	0.6507	0.6512	0.6517	0.6522	0.6527	0.6532	0.6537
Woodie	0.6441	0.6463	0.6495	0.6517	0.6549	0.6571	0.6603
Fibonacci	0.6461	0.6482	0.6495	0.6515	0.6536	0.6549	0.6569

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6224	0.6293	0.6355	0.6424	0.6486	0.6555	0.6617
Camarilla	0.6381	0.6393	0.6405	0.6417	0.6429	0.6441	0.6453
Woodie	0.6221	0.6291	0.6352	0.6422	0.6483	0.6553	0.6614
Fibonacci	0.6293	0.6343	0.6374	0.6424	0.6474	0.6505	0.6555

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 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):	56.82
MACD (12,26,9):	0.0005
Directional Movement:	2.5990
AROON (14):	85.7143
DEMA (21):	0.6524
Parabolic SAR (0,02-0,02-0,2):	0.6496
Elder Ray (13):	0.0004
Super Trend (3,10):	0.6533
Zig ZAG (10):	0.6522
VORTEX (21):	1.0593
Stochastique (14,3,5):	79.35
TEMA (21):	0.6524
Williams %R (14):	-28.26
Chande Momentum Oscillator (20):	0.0014
Repulse (5,40,3):	-0.1002
ROCnROLL:	-1
TRIX (15,9):	0.0100
Courbe Coppock:	0.31

MA7:	0.6474
MA20:	0.6505
MA50:	0.6533
MA100:	0.6583
MAexp7:	0.6522
MAexp20:	0.6518
MAexp50:	0.6506
MAexp100:	0.6489
Price / MA7:	+0.71%
Price / MA20:	+0.23%
Price / MA50:	-0.20%
Price / MA100:	-0.96%
Price / MAexp7:	-0.03%
Price / MAexp20:	+0.03%
Price / MAexp50:	+0.22%
Price / MAexp100:	+0.48%

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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