AUD/MXN - 1H - Technical analysis published on 10/08/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 15.3658 MXN
My targets
15.2632 MXN (-0.0717)
15.0858 MXN (-0.2491)
My analysis
The bearish basic trend is very strong on AUD/MXN but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 15.3658 MXN. Crossing the first support at 15.2632 MXN would be a sign of a further potential price plummet. Sellers would then use the next support located at 15.0858 MXN as an objective. Crossing it would then enable sellers to target 14.7399 MXN. Caution, a return to above the resistance located at 15.3658 MXN would be a sign of a possible consolidation phase of the short-term basic trend. 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 are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/MXN rating 15.3349 MXN. The price registered an increase of +0.12% on the session and was traded between 15.3001 MXN and 15.3669 MXN over the period. The price is currently at +0.23% from its lowest and -0.21% from its highest.15.3001
15.3669
15.3349
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/MXN:
Technical
Technical analysis of AUD/MXN in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.8830 | 14.7399 | 15.2632 | 15.3349 | 15.3658 | 15.4830 | 15.6817 |
| Change (%) | -9.47% | -3.88% | -0.47% | - | +0.20% | +0.97% | +2.26% |
| Change | -1.4519 | -0.5950 | -0.0717 | - | +0.0309 | +0.1481 | +0.3468 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Major |
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 | 15.0734 | 15.1683 | 15.2426 | 15.3375 | 15.4118 | 15.5067 | 15.5810 |
| Camarilla | 15.2704 | 15.2859 | 15.3014 | 15.3169 | 15.3324 | 15.3479 | 15.3634 |
| Woodie | 15.0631 | 15.1632 | 15.2323 | 15.3324 | 15.4015 | 15.5016 | 15.5707 |
| Fibonacci | 15.1683 | 15.2329 | 15.2729 | 15.3375 | 15.4021 | 15.4421 | 15.5067 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.7183 | 15.0858 | 15.2864 | 15.6539 | 15.8545 | 16.2220 | 16.4226 |
| Camarilla | 15.3309 | 15.3830 | 15.4350 | 15.4871 | 15.5392 | 15.5913 | 15.6433 |
| Woodie | 14.6350 | 15.0441 | 15.2031 | 15.6122 | 15.7712 | 16.1803 | 16.3393 |
| Fibonacci | 15.0858 | 15.3028 | 15.4369 | 15.6539 | 15.8709 | 16.0050 | 16.2220 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.3111 | 14.7615 | 15.2922 | 15.7426 | 16.2733 | 16.7237 | 17.2544 |
| Camarilla | 15.5530 | 15.6429 | 15.7329 | 15.8228 | 15.9127 | 16.0027 | 16.0926 |
| Woodie | 14.3512 | 14.7816 | 15.3323 | 15.7627 | 16.3134 | 16.7438 | 17.2945 |
| Fibonacci | 14.7615 | 15.1363 | 15.3679 | 15.7426 | 16.1174 | 16.3490 | 16.7237 |
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): | 48.01 | |
| MACD (12,26,9): | -0.0061 | |
| Directional Movement: | -4.2341 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 15.3270 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.2889 | |
| Elder Ray (13): | -0.0057 | |
| Super Trend (3,10): | 15.4064 | |
| Zig ZAG (10): | 15.3289 | |
| VORTEX (21): | 0.9826 | |
| Stochastique (14,3,5): | 47.75 | |
| TEMA (21): | 15.3278 | |
| Williams %R (14): | -73.50 | |
| Chande Momentum Oscillator (20): | 0.0051 | |
| Repulse (5,40,3): | -0.1089 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0095 | |
| Courbe Coppock: | 0.01 |
| MA7: | 15.4894 | |
| MA20: | 15.5373 | |
| MA50: | 15.7699 | |
| MA100: | 15.6243 | |
| MAexp7: | 15.3276 | |
| MAexp20: | 15.3367 | |
| MAexp50: | 15.3621 | |
| MAexp100: | 15.4305 | |
| Price / MA7: | -1.00% | |
| Price / MA20: | -1.30% | |
| Price / MA50: | -2.76% | |
| Price / MA100: | -1.85% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.18% | |
| Price / MAexp100: | -0.62% |
Quotes :
2020-10-08 12:37:12
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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