AUD/USD
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 04/30/2024 (GMT)

  • 59
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.6530 USD
My targets
0.6456 USD (-0.0042)
0.6411 USD (-0.0087)
My analysis
AUD/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.6530 USD. The next support located at 0.6456 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.6411 USD. Below this support, sellers could then target 0.6362 USD.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/USD rating is 0.6498 USD. The price registered a decrease of -0.95% on the session and was between 0.6489 USD and 0.6565 USD. This implies that the price is at +0.14% from its lowest and at -1.02% from its highest.

0.6489
0.6565
0.6498

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

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 bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 3

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, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6411 0.6456 0.6498 0.6498 0.6530 0.6552 0.6587
Change (%) -1.34% -0.65% 0% - +0.49% +0.83% +1.37%
Change -0.0087 -0.0042 0 - +0.0032 +0.0054 +0.0089
Level Intermediate Intermediate Intermediate - Intermediate Minor Intermediate



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

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 23.39
MACD (12,26,9): -0.0013
Directional Movement: -30.8577
AROON (14): -92.8571
DEMA (21): 0.6514
Parabolic SAR (0,02-0,02-0,2): 0.6534
Elder Ray (13): -0.0027
Super Trend (3,10): 0.6528
Zig ZAG (10): 0.6492
VORTEX (21): 0.6402
Stochastique (14,3,5): 2.73
TEMA (21): 0.6501
Williams %R (14): -94.74
Chande Momentum Oscillator (20): -0.0048
Repulse (5,40,3): -0.3881
ROCnROLL: 2
TRIX (15,9): -0.0184
Courbe Coppock: 1.36
MA7: 0.6507
MA20: 0.6508
MA50: 0.6533
MA100: 0.6582
MAexp7: 0.6511
MAexp20: 0.6529
MAexp50: 0.6537
MAexp100: 0.6526
Price / MA7: -0.14%
Price / MA20: -0.15%
Price / MA50: -0.54%
Price / MA100: -1.28%
Price / MAexp7: -0.18%
Price / MAexp20: -0.46%
Price / MAexp50: -0.58%
Price / MAexp100: -0.41%

Quotes : - Real time data - Forex

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

About author

Online

Overall rating :
15125
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis AUD/USD - 1H