AUD/MXN
AUD MXN
- MXN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDMXN
ISIN:

AUD/MXN - 1H - Technical analysis published on 09/17/2021 (GMT)

  • 177
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 14.5909 MXN
My targets
14.5073 MXN (-0.0336)
14.4216 MXN (-0.1193)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/MXN as long as the price remains well below 14.5909 MXN. The sellers' bearish objective is set at 14.5073 MXN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 14.4216 MXN. In case of crossing, the next objective would be the support located at 13.8024 MXN. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.1

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/MXN rating 14.5409 MXN. The price has increased by +0.00% since the last closing and was traded between 14.5198 MXN and 14.5941 MXN over the period. The price is currently at +0.15% from its lowest and -0.36% from its highest.

14.5198
14.5941
14.5409

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

Central Gaps

Bearish opening

Type : Bearish

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 an element:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AUD/MXN chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14.4216 14.5073 14.5395 14.5409 14.5909 14.6629 14.7397
Change (%) -0.82% -0.23% -0.01% - +0.34% +0.84% +1.37%
Change -0.1193 -0.0336 -0.0014 - +0.0500 +0.1220 +0.1988
Level Intermediate Minor Intermediate - Intermediate Major Intermediate



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
Standard14.418114.462714.501514.546114.584914.629514.6683
Camarilla14.517414.525014.532714.540314.548014.555614.5632
Woodie14.415214.461314.498614.544714.582014.628114.6654
Fibonacci14.462714.494614.514214.546114.578014.597614.6295


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.294014.455214.546214.707414.798414.959615.0506
Camarilla14.567814.590914.614014.637114.660214.683314.7065
Woodie14.258814.437714.511014.689914.763214.942115.0154
Fibonacci14.455214.551614.611114.707414.803814.863314.9596


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.985714.177214.433914.625414.882115.073615.3303
Camarilla14.567314.608314.649414.690514.731614.772714.8138
Woodie14.018214.193514.466414.641714.914615.089915.3628
Fibonacci14.177214.348514.454214.625414.796714.902415.0736

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): 42.92
MACD (12,26,9): 0.0017
Directional Movement: -5.1503
AROON (14): 42.8572
DEMA (21): 14.5575
Parabolic SAR (0,02-0,02-0,2): 14.5910
Elder Ray (13): -0.0222
Super Trend (3,10): 14.5336
Zig ZAG (10): 14.5384
VORTEX (21): 0.9789
Stochastique (14,3,5): 40.42
TEMA (21): 14.5610
Williams %R (14): -64.74
Chande Momentum Oscillator (20): 0.0153
Repulse (5,40,3): -0.0016
ROCnROLL: 2
TRIX (15,9): 0.0031
Courbe Coppock: 0.25
MA7: 14.6005
MA20: 14.6835
MA50: 14.6976
MA100: 15.0140
MAexp7: 14.5535
MAexp20: 14.5545
MAexp50: 14.5587
MAexp100: 14.5810
Price / MA7: -0.41%
Price / MA20: -0.97%
Price / MA50: -1.07%
Price / MA100: -3.15%
Price / MAexp7: -0.09%
Price / MAexp20: -0.09%
Price / MAexp50: -0.12%
Price / MAexp100: -0.28%

Quotes : - Real time data - Forex

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

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis AUD/MXN - 1H