AUD/MXN
AUD MXN
15.3964 MXN (+0.76%)
Real time data - Forex
Open: 15.2808
Change: +0.1156
Volume: 391,885
Low: 15.2120
High: 15.4202
High / Low range: 0.2082
Type: Forex
Ticker: AUDMXN
ISIN:

AUD/MXN - 1H - Technical analysis published on 09/16/2020

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  • Timeframe : 1H
  • - Analysis generated on 2020-09-16 07:31:51
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
72%
6%
22%
My opinion
Bearish under 15.4603 MXN
My targets
15.3658 MXN (-0.0497)
15.0402 MXN (-0.3753)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 15.4603 MXN remains possible. It is advisable to trade AUD/MXN with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 15.4603 MXN. The next bearish objective for sellers is set at 15.3658 MXN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15.0402 MXN. In case of crossing, the next objective would be the support located at 14.7399 MXN. PS: if there is a bullish break in the resistance located at 15.4603 MXN we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.8

Complete this analysis for another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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.

Additional analysis

Quotes

The AUD/MXN rating is 15.4155 MXN. The price registered a decrease of -0.13% on the session with the lowest point at 15.3921 MXN and the highest point at 15.4622 MXN. The deviation from the price is +0.15% for the low point and -0.30% for the high point.

15.3921
15.4622
15.4155

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this 1H chart of AUD/MXN indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.8830 14.7399 15.3658 15.4155 15.4603 15.5813 15.6817
Change (%) -9.94% -4.38% -0.32% - +0.29% +1.08% +1.73%
Change -1.5325 -0.6756 -0.0497 - +0.0448 +0.1658 +0.2662
Level Minor Intermediate Major - Minor Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.240515.289515.362415.411415.484315.533315.6062
Camarilla15.401915.413115.424215.435415.446615.457815.4689
Woodie15.252615.295515.374515.417415.496415.539315.6183
Fibonacci15.289515.336015.364815.411415.457915.486715.5333


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.551611.846113.745715.040216.939818.234320.1339
Camarilla14.766815.059615.352415.645215.938016.230816.5236
Woodie10.854111.997414.048215.191517.242318.385620.4364
Fibonacci11.846113.066313.820115.040216.260417.014218.2343


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.742914.097413.625714.980214.508515.863015.3913
Camarilla12.911112.992113.073013.153913.234813.315813.3967
Woodie11.829713.640912.712514.523713.595315.406514.4781
Fibonacci14.097414.434714.643014.980215.317515.525815.8630

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): 47.93
MACD (12,26,9): 0.0074
Directional Movement: -7.0660
AROON (14): 85.7143
DEMA (21): 15.4350
Parabolic SAR (0,02-0,02-0,2): 15.3882
Elder Ray (13): 0.0028
Super Trend (3,10): 15.4765
Zig ZAG (10): 15.4455
VORTEX (21): 1.0363
Stochastique (14,3,5): 89.76
TEMA (21): 15.4553
Williams %R (14): -14.23
Chande Momentum Oscillator (20): 0.0409
Repulse (5,40,3): 0.0148
ROCnROLL: 1
TRIX (15,9): 0.0072
Courbe Coppock: 0.68
MA7: 15.1583
MA20: 15.6143
MA50: 15.7854
MA100: 15.5875
MAexp7: 15.4436
MAexp20: 15.4257
MAexp50: 15.4323
MAexp100: 15.4806
Price / MA7: +1.70%
Price / MA20: -1.27%
Price / MA50: -2.34%
Price / MA100: -1.10%
Price / MAexp7: -0.18%
Price / MAexp20: -0.06%
Price / MAexp50: -0.11%
Price / MAexp100: -0.42%

Quotes : 2020-09-16 07:31:50 - Real time data - Forex

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

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