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 05/15/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 0.6675 USD

My targets

0.6731 USD (+0.0038)

0.6777 USD (+0.0084)

My analysis

The bullish trend is currently very strong on AUD/USD. As long as the price remains above the support at 0.6675 USD, you could try to benefit from the boom. The first bullish objective is located at 0.6731 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.6777 USD as an objective. Crossing it would then enable buyers to target 0.6864 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.8

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

AUD/USD rating 0.6693 USD. The price registered an increase of +1.04% on the session with the lowest point at 0.6622 USD and the highest point at 0.6695 USD. The deviation from the price is +1.07% for the low point and -0.03% for the high point.

0.6622

0.6695

0.6693

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:

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

A technical analysis in 1H of this AUD/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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 increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6629	0.6644	0.6675	0.6693	0.6864	0.7143	0.7589
Change (%)	-0.96%	-0.73%	-0.27%	-	+2.55%	+6.72%	+13.39%
Change	-0.0064	-0.0049	-0.0018	-	+0.0171	+0.0450	+0.0896
Level	Major	Minor	Minor	-	Major	Intermediate	Intermediate

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	0.6563	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):	68.48
MACD (12,26,9):	0.0017
Directional Movement:	20.3618
AROON (14):	28.5714
DEMA (21):	0.6679
Parabolic SAR (0,02-0,02-0,2):	0.6635
Elder Ray (13):	0.0021
Super Trend (3,10):	0.6643
Zig ZAG (10):	0.6689
VORTEX (21):	1.2060
Stochastique (14,3,5):	94.03
TEMA (21):	0.6688
Williams %R (14):	-8.96
Chande Momentum Oscillator (20):	0.0047
Repulse (5,40,3):	0.2248
ROCnROLL:	1
TRIX (15,9):	0.0270
Courbe Coppock:	1.13

MA7:	0.6616
MA20:	0.6550
MA50:	0.6548
MA100:	0.6570
MAexp7:	0.6679
MAexp20:	0.6658
MAexp50:	0.6638
MAexp100:	0.6622
Price / MA7:	+1.16%
Price / MA20:	+2.18%
Price / MA50:	+2.21%
Price / MA100:	+1.87%
Price / MAexp7:	+0.21%
Price / MAexp20:	+0.53%
Price / MAexp50:	+0.83%
Price / MAexp100:	+1.07%

Quotes : - Real time data - Forex

News

The latest news and videos published on AUD/USD at the time of the analysis were as follows:

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

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