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 05/20/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 0.6684 USD

My targets

0.6714 USD (+0.0019)

0.6796 USD (+0.0101)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/USD as long as the price remains well above 0.6684 USD. The buyers' bullish objective is set at 0.6714 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6796 USD. If there is any crossing, the next objective would be the resistance located at 0.6864 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

5.4

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

Additional analysis

Quotes

The AUD/USD rating is 0.6695 USD. The price has increased by +0.05% since the last closing and was traded between 0.6689 USD and 0.6709 USD over the period. The price is currently at +0.09% from its lowest and -0.21% from its highest.

0.6689

0.6709

0.6695

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AUD/USD chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals 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 shows a slightly bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6586	0.6629	0.6684	0.6695	0.6714	0.6864	0.7143
Change (%)	-1.63%	-0.99%	-0.16%	-	+0.28%	+2.52%	+6.69%
Change	-0.0109	-0.0066	-0.0011	-	+0.0019	+0.0169	+0.0448
Level	Intermediate	Major	Intermediate	-	Intermediate	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	0.6607	0.6627	0.6660	0.6680	0.6713	0.6733	0.6766
Camarilla	0.6677	0.6682	0.6687	0.6692	0.6697	0.6702	0.6707
Woodie	0.6613	0.6630	0.6666	0.6683	0.6719	0.6736	0.6772
Fibonacci	0.6627	0.6648	0.6660	0.6680	0.6701	0.6713	0.6733

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6476	0.6528	0.6610	0.6662	0.6744	0.6796	0.6878
Camarilla	0.6655	0.6667	0.6680	0.6692	0.6704	0.6717	0.6729
Woodie	0.6491	0.6536	0.6625	0.6670	0.6759	0.6804	0.6893
Fibonacci	0.6528	0.6579	0.6611	0.6662	0.6713	0.6745	0.6796

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	53.77
MACD (12,26,9):	0.0006
Directional Movement:	6.8890
AROON (14):	78.5714
DEMA (21):	0.6702
Parabolic SAR (0,02-0,02-0,2):	0.6709
Elder Ray (13):	0
Super Trend (3,10):	0.6680
Zig ZAG (10):	0.6694
VORTEX (21):	1.2275
Stochastique (14,3,5):	48.06
TEMA (21):	0.6704
Williams %R (14):	-75.00
Chande Momentum Oscillator (20):	0.0002
Repulse (5,40,3):	-0.1112
ROCnROLL:	-1
TRIX (15,9):	0.0155
Courbe Coppock:	0.39

MA7:	0.6658
MA20:	0.6590
MA50:	0.6552
MA100:	0.6566
MAexp7:	0.6698
MAexp20:	0.6693
MAexp50:	0.6682
MAexp100:	0.6666
Price / MA7:	+0.56%
Price / MA20:	+1.59%
Price / MA50:	+2.18%
Price / MA100:	+1.96%
Price / MAexp7:	-0.04%
Price / MAexp20:	+0.03%
Price / MAexp50:	+0.19%
Price / MAexp100:	+0.44%

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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