AUD/USD

- USD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 05/14/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 0.6629 USD

My targets

0.6586 USD (-0.0014)

0.6552 USD (-0.0048)

My analysis

The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade AUD/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.6629 USD. The next bearish objective for sellers is set at 0.6586 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6552 USD. In case of crossing, the next objective would be the support located at 0.6517 USD. In the event of a bullish break in the resistance located at 0.6629 USD a certain indecision would take hold.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

3.2

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

The AUD/USD rating is 0.6600 USD. On the day, this instrument lost -0.17% and was traded between 0.6598 USD and 0.6612 USD over the period. The price is currently at +0.03% from its lowest and -0.18% from its highest.

0.6598

0.6612

0.6600

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:

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. 50.00% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly 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.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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 support of channel

Type : Bullish

Timeframe : 1 hour

Near support of triangle

Type : Bullish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6517	0.6552	0.6586	0.6600	0.6606	0.6629	0.6650
Change (%)	-1.26%	-0.73%	-0.21%	-	+0.09%	+0.44%	+0.76%
Change	-0.0083	-0.0048	-0.0014	-	+0.0006	+0.0029	+0.0050
Level	Minor	Intermediate	Major	-	Minor	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6545	0.6566	0.6588	0.6609	0.6631	0.6652	0.6674
Camarilla	0.6599	0.6603	0.6607	0.6611	0.6615	0.6619	0.6623
Woodie	0.6547	0.6566	0.6590	0.6609	0.6633	0.6652	0.6676
Fibonacci	0.6566	0.6582	0.6592	0.6609	0.6625	0.6635	0.6652

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6473	0.6515	0.6559	0.6601	0.6645	0.6687	0.6731
Camarilla	0.6578	0.6586	0.6594	0.6602	0.6610	0.6618	0.6626
Woodie	0.6473	0.6516	0.6559	0.6602	0.6645	0.6688	0.6731
Fibonacci	0.6515	0.6548	0.6569	0.6601	0.6634	0.6655	0.6687

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	40.13
MACD (12,26,9):	-0.0001
Directional Movement:	-4.9704
AROON (14):	-71.4286
DEMA (21):	0.6604
Parabolic SAR (0,02-0,02-0,2):	0.6621
Elder Ray (13):	-0.0004
Super Trend (3,10):	0.6620
Zig ZAG (10):	0.6599
VORTEX (21):	0.9793
Stochastique (14,3,5):	9.00
TEMA (21):	0.6602
Williams %R (14):	-93.33
Chande Momentum Oscillator (20):	-0.0008
Repulse (5,40,3):	-0.0557
ROCnROLL:	2
TRIX (15,9):	0.0004
Courbe Coppock:	0.34

MA7:	0.6603
MA20:	0.6537
MA50:	0.6545
MA100:	0.6572
MAexp7:	0.6602
MAexp20:	0.6605
MAexp50:	0.6605
MAexp100:	0.6600
Price / MA7:	-0.05%
Price / MA20:	+0.96%
Price / MA50:	+0.84%
Price / MA100:	+0.43%
Price / MAexp7:	-0.03%
Price / MAexp20:	-0.08%
Price / MAexp50:	-0.08%
Price / MAexp100:	-0%

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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