AUD/USD - 1H - Technical analysis published on 05/02/2024 (GMT)
- 79
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
22%
33%
44%
My opinion
Neutral between 0.6498 USD and 0.6552 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on AUD/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.6552 USD. The first support is located at 0.6498 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/USD rating 0.6523 USD. The price registered a decrease of -0.11% on the session and was between 0.6515 USD and 0.6549 USD. This implies that the price is at +0.12% from its lowest and at -0.40% from its highest.0.6515
0.6549
0.6523
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 bullish trend. Only 50.00% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. 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
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
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 | 0.6483 | 0.6498 | 0.6517 | 0.6523 | 0.6552 | 0.6587 | 0.6634 |
Change (%) | -0.61% | -0.38% | -0.09% | - | +0.44% | +0.98% | +1.70% |
Change | -0.0040 | -0.0025 | -0.0006 | - | +0.0029 | +0.0064 | +0.0111 |
Level | Minor | Intermediate | Minor | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6408 | 0.6437 | 0.6483 | 0.6512 | 0.6558 | 0.6587 | 0.6633 |
Camarilla | 0.6509 | 0.6516 | 0.6523 | 0.6530 | 0.6537 | 0.6544 | 0.6551 |
Woodie | 0.6418 | 0.6441 | 0.6493 | 0.6516 | 0.6568 | 0.6591 | 0.6643 |
Fibonacci | 0.6437 | 0.6465 | 0.6483 | 0.6512 | 0.6540 | 0.6558 | 0.6587 |
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 | 0.6060 | 0.6211 | 0.6343 | 0.6494 | 0.6626 | 0.6777 | 0.6909 |
Camarilla | 0.6397 | 0.6423 | 0.6449 | 0.6475 | 0.6501 | 0.6527 | 0.6553 |
Woodie | 0.6051 | 0.6206 | 0.6334 | 0.6489 | 0.6617 | 0.6772 | 0.6900 |
Fibonacci | 0.6211 | 0.6319 | 0.6386 | 0.6494 | 0.6602 | 0.6669 | 0.6777 |
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): | 52.10 | |
MACD (12,26,9): | 0.0007 | |
Directional Movement: | 8.0016 | |
AROON (14): | 42.8572 | |
DEMA (21): | 0.6535 | |
Parabolic SAR (0,02-0,02-0,2): | 0.6514 | |
Elder Ray (13): | 0.0001 | |
Super Trend (3,10): | 0.6502 | |
Zig ZAG (10): | 0.6526 | |
VORTEX (21): | 1.1006 | |
Stochastique (14,3,5): | 37.25 | |
TEMA (21): | 0.6538 | |
Williams %R (14): | -70.59 | |
Chande Momentum Oscillator (20): | -0.0006 | |
Repulse (5,40,3): | -0.2163 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0230 | |
Courbe Coppock: | 0.24 |
MA7: | 0.6520 | |
MA20: | 0.6502 | |
MA50: | 0.6531 | |
MA100: | 0.6581 | |
MAexp7: | 0.6529 | |
MAexp20: | 0.6524 | |
MAexp50: | 0.6516 | |
MAexp100: | 0.6514 | |
Price / MA7: | +0.05% | |
Price / MA20: | +0.32% | |
Price / MA50: | -0.12% | |
Price / MA100: | -0.88% | |
Price / MAexp7: | -0.09% | |
Price / MAexp20: | -0.02% | |
Price / MAexp50: | +0.11% | |
Price / MAexp100: | +0.14% |
Quotes :
-
Real time data
-
Forex
News
The last news published on AUD/USD at the time of the generation of this analysis was as follows:
- AUD/USD Daily Forecast and Technical Analysis for May 02, 2024, by Chris Lewis for FX Empire
- AUD/USD Daily Forecast and Technical Analysis for May 01, 2024, by Chris Lewis for FX Empire
- AUD/USD Daily Forecast and Technical Analysis for April 30, 2024, by Chris Lewis for FX Empire
- AUD/USD Forecast April 30, 2024
- AUD/USD Long Term Forecast and Technical Analysis for April 26, 2024, by Chris Lewis for FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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