AUD/MXN - 1H - Technical analysis published on 01/15/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 15.3658 MXN
My targets
15.2441 MXN (-0.0569)
15.1260 MXN (-0.1750)
My analysis
The bearish trend is currently very strong for AUD/MXN. As long as the price remains below the resistance at 15.3658 MXN, you could try to take advantage of the bearish rally. The first bearish objective is located at 15.2441 MXN. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 15.1260 MXN as an objective. Crossing it would then enable sellers to target 15.0371 MXN. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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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 15.3010 MXN. The price registered a decrease of -0.23% on the session with the lowest point at 15.2967 MXN and the highest point at 15.3603 MXN. The deviation from the price is +0.03% for the low point and -0.39% for the high point.15.2967
15.3603
15.3010
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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:
Technical
Technical analysis of AUD/MXN in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.8354 | 15.0371 | 15.2441 | 15.3010 | 15.3036 | 15.3658 | 15.4264 |
| Change (%) | -3.04% | -1.72% | -0.37% | - | +0.02% | +0.42% | +0.82% |
| Change | -0.4656 | -0.2639 | -0.0569 | - | +0.0026 | +0.0648 | +0.1254 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | 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 | 15.1596 | 15.2312 | 15.2837 | 15.3553 | 15.4078 | 15.4794 | 15.5319 |
| Camarilla | 15.3022 | 15.3136 | 15.3249 | 15.3363 | 15.3477 | 15.3591 | 15.3704 |
| Woodie | 15.1502 | 15.2264 | 15.2743 | 15.3505 | 15.3984 | 15.4746 | 15.5225 |
| Fibonacci | 15.2312 | 15.2786 | 15.3079 | 15.3553 | 15.4027 | 15.4320 | 15.4794 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.8658 | 15.0313 | 15.2733 | 15.4388 | 15.6808 | 15.8463 | 16.0883 |
| Camarilla | 15.4033 | 15.4407 | 15.4781 | 15.5154 | 15.5528 | 15.5901 | 15.6275 |
| Woodie | 14.9042 | 15.0504 | 15.3117 | 15.4579 | 15.7192 | 15.8654 | 16.1267 |
| Fibonacci | 15.0313 | 15.1869 | 15.2831 | 15.4388 | 15.5944 | 15.6906 | 15.8463 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.9427 | 14.2685 | 14.8002 | 15.1260 | 15.6577 | 15.9835 | 16.5152 |
| Camarilla | 15.0960 | 15.1746 | 15.2532 | 15.3318 | 15.4104 | 15.4890 | 15.5676 |
| Woodie | 14.0456 | 14.3200 | 14.9031 | 15.1775 | 15.7606 | 16.0350 | 16.6181 |
| Fibonacci | 14.2685 | 14.5961 | 14.7985 | 15.1260 | 15.4536 | 15.6560 | 15.9835 |
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): | 44.59 | |
| MACD (12,26,9): | -0.0094 | |
| Directional Movement: | -0.1694 | |
| AROON (14): | -57.1428 | |
| DEMA (21): | 15.3216 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.3469 | |
| Elder Ray (13): | -0.0019 | |
| Super Trend (3,10): | 15.3105 | |
| Zig ZAG (10): | 15.3227 | |
| VORTEX (21): | 0.9382 | |
| Stochastique (14,3,5): | 43.01 | |
| TEMA (21): | 15.3186 | |
| Williams %R (14): | -65.98 | |
| Chande Momentum Oscillator (20): | -0.0089 | |
| Repulse (5,40,3): | 0.0490 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0088 | |
| Courbe Coppock: | 0.23 |
| MA7: | 15.4197 | |
| MA20: | 15.3002 | |
| MA50: | 15.0305 | |
| MA100: | 15.2255 | |
| MAexp7: | 15.3242 | |
| MAexp20: | 15.3343 | |
| MAexp50: | 15.3524 | |
| MAexp100: | 15.3756 | |
| Price / MA7: | -0.77% | |
| Price / MA20: | +0.01% | |
| Price / MA50: | +1.80% | |
| Price / MA100: | +0.50% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -0.21% | |
| Price / MAexp50: | -0.33% | |
| Price / MAexp100: | -0.48% |
Quotes :
2021-01-15 14:46:17
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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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