AUD/USD

- USD (-)

- Real time data - Forex

Open:	-
Change:	-
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Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - Daily - Technical analysis published on 05/15/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

11%

My opinion

Bullish above 0.6552 USD

My targets

0.6675 USD (+0.0032)

0.6864 USD (+0.0221)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on AUD/USD. This is a positive signal for buyers. As long as the price remains above 0.6552 USD, a purchase could be considered. The first bullish objective is located at 0.6675 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.6864 USD as an objective. Crossing it would then enable buyers to target 0.7143 USD. In the event of a return below 0.6552 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.4

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 Barts_XV. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/USD rating is 0.6643 USD. On the day, this instrument gained +0.29% and was between 0.6622 USD and 0.6651 USD. This implies that the price is at +0.32% from its lowest and at -0.12% from its highest.

0.6622

0.6651

0.6643

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AUD/USD in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

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 horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6490	0.6552	0.6629	0.6643	0.6675	0.6864	0.7143
Change (%)	-2.30%	-1.37%	-0.21%	-	+0.48%	+3.33%	+7.53%
Change	-0.0153	-0.0091	-0.0014	-	+0.0032	+0.0221	+0.0500
Level	Intermediate	Intermediate	Major	-	Minor	Major	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	0.6545	0.6563	0.6593	0.6611	0.6641	0.6659	0.6689
Camarilla	0.6611	0.6615	0.6620	0.6624	0.6628	0.6633	0.6637
Woodie	0.6552	0.6566	0.6600	0.6614	0.6648	0.6662	0.6696
Fibonacci	0.6563	0.6581	0.6592	0.6611	0.6629	0.6640	0.6659

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 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):	61.43
MACD (12,26,9):	0.0029
Directional Movement:	6.1521
AROON (14):	71.4286
DEMA (21):	0.6604
Parabolic SAR (0,02-0,02-0,2):	0.6532
Elder Ray (13):	0.0048
Super Trend (3,10):	0.6486
Zig ZAG (10):	0.6644
VORTEX (21):	1.2114
Stochastique (14,3,5):	86.85
TEMA (21):	0.6633
Williams %R (14):	-4.84
Chande Momentum Oscillator (20):	0.0082
Repulse (5,40,3):	0.7970
ROCnROLL:	1
TRIX (15,9):	0.0394
Courbe Coppock:	4.02

MA7:	0.6609
MA20:	0.6548
MA50:	0.6547
MA100:	0.6570
MAexp7:	0.6612
MAexp20:	0.6572
MAexp50:	0.6553
MAexp100:	0.6555
Price / MA7:	+0.51%
Price / MA20:	+1.45%
Price / MA50:	+1.47%
Price / MA100:	+1.11%
Price / MAexp7:	+0.47%
Price / MAexp20:	+1.08%
Price / MAexp50:	+1.37%
Price / MAexp100:	+1.34%

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:

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

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