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)

Londinia

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

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

44%

28%

My opinion

Bullish above 0.6490 USD

My targets

0.6552 USD (+0.0021)

0.6631 USD (+0.0100)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.6490 USD remains possible. It is advisable to trade AUD/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.6490 USD. The next bullish objective for buyers is set at 0.6552 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6631 USD. If there is any crossing, the next objective would be the resistance located at 0.6787 USD. PS: if there is a bearish break in the support located at 0.6490 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

4.5

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

AUD/USD rating 0.6531 USD. On the day, this instrument gained +0.14% and was between 0.6518 USD and 0.6554 USD. This implies that the price is at +0.20% from its lowest and at -0.35% from its highest.

0.6518

0.6554

0.6531

A study of price movements over other periods shows the following variations:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AUD/USD chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

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:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

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 resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

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	0.6411	0.6456	0.6490	0.6531	0.6552	0.6631	0.6787
Change (%)	-1.84%	-1.15%	-0.63%	-	+0.32%	+1.53%	+3.92%
Change	-0.0120	-0.0075	-0.0041	-	+0.0021	+0.0100	+0.0256
Level	Intermediate	Intermediate	Major	-	Intermediate	Major	Minor

Attention could also be paid to pivot points to set price objectives:

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

Technical indicators

Moving averages

RSI (14):	55.35
MACD (12,26,9):	0.0007
Directional Movement:	13.3746
AROON (14):	57.1429
DEMA (21):	0.6542
Parabolic SAR (0,02-0,02-0,2):	0.6533
Elder Ray (13):	0.0006
Super Trend (3,10):	0.6515
Zig ZAG (10):	0.6534
VORTEX (21):	1.1127
Stochastique (14,3,5):	62.96
TEMA (21):	0.6543
Williams %R (14):	-61.11
Chande Momentum Oscillator (20):	0.0007
Repulse (5,40,3):	-0.2696
ROCnROLL:	-1
TRIX (15,9):	0.0165
Courbe Coppock:	0.53

MA7:	0.6476
MA20:	0.6505
MA50:	0.6533
MA100:	0.6584
MAexp7:	0.6538
MAexp20:	0.6532
MAexp50:	0.6518
MAexp100:	0.6499
Price / MA7:	+0.85%
Price / MA20:	+0.40%
Price / MA50:	-0.03%
Price / MA100:	-0.80%
Price / MAexp7:	-0.09%
Price / MAexp20:	-0%
Price / MAexp50:	+0.21%
Price / MAexp100:	+0.51%

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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