AUD/MXN - 1H - Technical analysis published on 03/01/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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%
50%
28%
My opinion
Bearish under 16.1207 MXN
My targets
15.9952 MXN (-0.0464)
15.8512 MXN (-0.1904)
My analysis
AUD/MXN is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 16.1207 MXN. The next support located at 15.9952 MXN is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 15.8512 MXN. Below this support, sellers could then target 15.6817 MXN. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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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
The AUD/MXN rating is 16.0416 MXN. The price registered a decrease of -0.19% on the session and was traded between 16.0372 MXN and 16.1351 MXN over the period. The price is currently at +0.03% from its lowest and -0.58% from its highest.16.0372
16.1351
16.0416
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
Here is a more detailed summary of the historical variations registered by AUD/MXN:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
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. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal 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, 5 are neutral and 9 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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 support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.6817 | 15.8512 | 15.9952 | 16.0416 | 16.1207 | 16.2493 | 16.4637 |
| Change (%) | -2.24% | -1.19% | -0.29% | - | +0.49% | +1.29% | +2.63% |
| Change | -0.3599 | -0.1904 | -0.0464 | - | +0.0791 | +0.2077 | +0.4221 |
| Level | Major | Minor | Minor | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.5239 | 15.7940 | 15.9328 | 16.2029 | 16.3417 | 16.6118 | 16.7506 |
| Camarilla | 15.9591 | 15.9965 | 16.0340 | 16.0715 | 16.1090 | 16.1465 | 16.1840 |
| Woodie | 15.4582 | 15.7612 | 15.8671 | 16.1701 | 16.2760 | 16.5790 | 16.6849 |
| Fibonacci | 15.7940 | 15.9502 | 16.0467 | 16.2029 | 16.3591 | 16.4556 | 16.6118 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.2995 | 15.6818 | 15.8767 | 16.2590 | 16.4539 | 16.8362 | 17.0311 |
| Camarilla | 15.9128 | 15.9657 | 16.0186 | 16.0715 | 16.1244 | 16.1773 | 16.2302 |
| Woodie | 15.2057 | 15.6350 | 15.7829 | 16.2122 | 16.3601 | 16.7894 | 16.9373 |
| Fibonacci | 15.6818 | 15.9023 | 16.0385 | 16.2590 | 16.4795 | 16.6157 | 16.8362 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.9650 | 14.6142 | 15.3429 | 15.9921 | 16.7208 | 17.3700 | 18.0987 |
| Camarilla | 15.6926 | 15.8189 | 15.9452 | 16.0715 | 16.1978 | 16.3241 | 16.4504 |
| Woodie | 14.0047 | 14.6341 | 15.3826 | 16.0120 | 16.7605 | 17.3899 | 18.1384 |
| Fibonacci | 14.6142 | 15.1406 | 15.4658 | 15.9921 | 16.5185 | 16.8437 | 17.3700 |
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): | 35.16 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -13.6770 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 16.0611 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.1310 | |
| Elder Ray (13): | -0.0243 | |
| Super Trend (3,10): | 16.1887 | |
| Zig ZAG (10): | 16.0616 | |
| VORTEX (21): | 0.8686 | |
| Stochastique (14,3,5): | 42.81 | |
| TEMA (21): | 16.0640 | |
| Williams %R (14): | -92.07 | |
| Chande Momentum Oscillator (20): | -0.0426 | |
| Repulse (5,40,3): | -0.4045 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0474 | |
| Courbe Coppock: | 0.22 |
| MA7: | 16.2221 | |
| MA20: | 15.7685 | |
| MA50: | 15.5154 | |
| MA100: | 15.2234 | |
| MAexp7: | 16.0789 | |
| MAexp20: | 16.1218 | |
| MAexp50: | 16.1966 | |
| MAexp100: | 16.2118 | |
| Price / MA7: | -1.11% | |
| Price / MA20: | +1.73% | |
| Price / MA50: | +3.39% | |
| Price / MA100: | +5.37% | |
| Price / MAexp7: | -0.23% | |
| Price / MAexp20: | -0.50% | |
| Price / MAexp50: | -0.96% | |
| Price / MAexp100: | -1.05% |
Quotes :
2021-03-01 14:04:00
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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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