AUD/USD - 1H - Technical analysis published on 04/30/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.6552 USD
My targets
0.6498 USD (-0.0030)
0.6456 USD (-0.0072)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on AUD/USD as long as the price remains well below 0.6552 USD. The next bearish objective for sellers 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 0.6456 USD. In case of crossing, the next objective would be the support located at 0.6411 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
4.1
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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 0.6528 USD. The price is lower by -0.49% since the last closing and was traded between 0.6514 USD and 0.6565 USD over the period. The price is currently at +0.21% from its lowest and -0.56% from its highest.0.6514
0.6565
0.6528
Here is a more detailed summary of the historical variations registered by AUD/USD:
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 slightly bearish trend. 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
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
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.6411 | 0.6456 | 0.6498 | 0.6528 | 0.6530 | 0.6552 | 0.6587 |
Change (%) | -1.79% | -1.10% | -0.46% | - | +0.03% | +0.37% | +0.90% |
Change | -0.0117 | -0.0072 | -0.0030 | - | +0.0002 | +0.0024 | +0.0059 |
Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.6464 | 0.6494 | 0.6527 | 0.6557 | 0.6590 | 0.6620 | 0.6653 |
Camarilla | 0.6543 | 0.6549 | 0.6554 | 0.6560 | 0.6566 | 0.6572 | 0.6577 |
Woodie | 0.6466 | 0.6495 | 0.6529 | 0.6558 | 0.6592 | 0.6621 | 0.6655 |
Fibonacci | 0.6494 | 0.6518 | 0.6533 | 0.6557 | 0.6581 | 0.6596 | 0.6620 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 32.59 | |
MACD (12,26,9): | -0.0007 | |
Directional Movement: | -24.9266 | |
AROON (14): | -92.8571 | |
DEMA (21): | 0.6539 | |
Parabolic SAR (0,02-0,02-0,2): | 0.6546 | |
Elder Ray (13): | -0.0017 | |
Super Trend (3,10): | 0.6551 | |
Zig ZAG (10): | 0.6525 | |
VORTEX (21): | 0.7919 | |
Stochastique (14,3,5): | 12.28 | |
TEMA (21): | 0.6529 | |
Williams %R (14): | -80.36 | |
Chande Momentum Oscillator (20): | -0.0042 | |
Repulse (5,40,3): | -0.0734 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0031 | |
Courbe Coppock: | 0.92 |
MA7: | 0.6511 | |
MA20: | 0.6509 | |
MA50: | 0.6533 | |
MA100: | 0.6583 | |
MAexp7: | 0.6533 | |
MAexp20: | 0.6545 | |
MAexp50: | 0.6544 | |
MAexp100: | 0.6528 | |
Price / MA7: | +0.26% | |
Price / MA20: | +0.29% | |
Price / MA50: | -0.08% | |
Price / MA100: | -0.84% | |
Price / MAexp7: | -0.08% | |
Price / MAexp20: | -0.26% | |
Price / MAexp50: | -0.24% | |
Price / MAexp100: | -0% |
Quotes :
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Real time data
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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:
- AUD/USD Forecast April 30, 2024
- AUD/USD Long Term Forecast and Technical Analysis for April 26, 2024, by Chris Lewis for FX Empire
- AUD/USD Daily Forecast and Technical Analysis for April 26, 2024, by Chris Lewis for FX Empire
- AUD/USD Daily Forecast and Technical Analysis for April 25, 2024, by Chris Lewis for FX Empire
- AUD/USD Forecast April 26, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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