AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: AUDUSD
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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:
15 min. Daily Weekly

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard0.64640.64940.65270.65570.65900.66200.6653
Camarilla0.65430.65490.65540.65600.65660.65720.6577
Woodie0.64660.64950.65290.65580.65920.66210.6655
Fibonacci0.64940.65180.65330.65570.65810.65960.6620


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62950.63510.64420.64980.65890.66450.6736
Camarilla0.64930.65060.65200.65330.65470.65600.6573
Woodie0.63130.63600.64600.65070.66070.66540.6754
Fibonacci0.63510.64070.64420.64980.65540.65890.6645


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62490.63630.64390.65530.66290.67430.6819
Camarilla0.64620.64790.64970.65140.65310.65490.6566
Woodie0.62290.63540.64190.65440.66090.67340.6799
Fibonacci0.63630.64360.64810.65530.66260.66710.6743

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 : - Real time data - Forex

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

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