AUD/USD

- USD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 04/29/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 0.6552 USD

My targets

0.6589 USD (+0.0018)

0.6631 USD (+0.0060)

My analysis

The bullish trend is currently very strong on AUD/USD. As long as the price remains above the support at 0.6552 USD, you could try to benefit from the boom. The first bullish objective is located at 0.6589 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.6631 USD as an objective. Crossing it would then enable buyers to target 0.6787 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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 0.6571 USD. On the day, this instrument gained +0.58% and was between 0.6524 USD and 0.6587 USD. This implies that the price is at +0.72% from its lowest and at -0.24% from its highest.

0.6524

0.6587

0.6571

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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 HIGH record (1 year)

Type : Bullish

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 strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

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 resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6490	0.6530	0.6552	0.6571	0.6631	0.6787	0.6878
Change (%)	-1.23%	-0.62%	-0.29%	-	+0.91%	+3.29%	+4.67%
Change	-0.0081	-0.0041	-0.0019	-	+0.0060	+0.0216	+0.0307
Level	Major	Minor	Intermediate	-	Major	Minor	Major

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	0.6478	0.6498	0.6515	0.6535	0.6552	0.6572	0.6589
Camarilla	0.6523	0.6526	0.6530	0.6533	0.6536	0.6540	0.6543
Woodie	0.6478	0.6497	0.6515	0.6534	0.6552	0.6571	0.6589
Fibonacci	0.6498	0.6512	0.6521	0.6535	0.6549	0.6558	0.6572

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6295	0.6351	0.6442	0.6498	0.6589	0.6645	0.6736
Camarilla	0.6493	0.6506	0.6520	0.6533	0.6547	0.6560	0.6573
Woodie	0.6313	0.6360	0.6460	0.6507	0.6607	0.6654	0.6754
Fibonacci	0.6351	0.6407	0.6442	0.6498	0.6554	0.6589	0.6645

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):	70.51
MACD (12,26,9):	0.0011
Directional Movement:	28.1262
AROON (14):	57.1428
DEMA (21):	0.6561
Parabolic SAR (0,02-0,02-0,2):	0.6530
Elder Ray (13):	0.0022
Super Trend (3,10):	0.6542
Zig ZAG (10):	0.6572
VORTEX (21):	1.1435
Stochastique (14,3,5):	84.28
TEMA (21):	0.6565
Williams %R (14):	-25.40
Chande Momentum Oscillator (20):	0.0032
Repulse (5,40,3):	0.1003
ROCnROLL:	1
TRIX (15,9):	0.0151
Courbe Coppock:	0.81

MA7:	0.6497
MA20:	0.6509
MA50:	0.6534
MA100:	0.6583
MAexp7:	0.6562
MAexp20:	0.6548
MAexp50:	0.6532
MAexp100:	0.6512
Price / MA7:	+1.14%
Price / MA20:	+0.95%
Price / MA50:	+0.57%
Price / MA100:	-0.18%
Price / MAexp7:	+0.14%
Price / MAexp20:	+0.35%
Price / MAexp50:	+0.60%
Price / MAexp100:	+0.91%

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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