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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 11/22/2023 (GMT)

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Londinia
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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
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 11.1937 MXN
My targets
11.3373 MXN (+0.0559)
11.3928 MXN (+0.1114)
My analysis
The bullish trend is currently very strong on AUD/MXN. As long as the price remains above the support at 11.1937 MXN, you could try to benefit from the boom. The first bullish objective is located at 11.3373 MXN. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 11.3928 MXN as an objective. Crossing it would then enable buyers to target 11.6122 MXN. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/MXN rating 11.2814 MXN. The price is lower by -0.01% since the last closing and was traded between 11.2300 MXN and 11.3091 MXN over the period. The price is currently at +0.46% from its lowest and -0.24% from its highest.

11.2300
11.3091
11.2814

Here is a more detailed summary of the historical variations registered by AUD/MXN:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AUD/MXN indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11.1244 11.1697 11.1937 11.2814 11.2833 11.3373 11.3928
Change (%) -1.39% -0.99% -0.78% - +0.02% +0.50% +0.99%
Change -0.1570 -0.1117 -0.0877 - +0.0019 +0.0559 +0.1114
Level Minor Minor Intermediate - Major Intermediate Minor



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
Standard11.100611.158911.220911.279211.341211.399511.4615
Camarilla11.249911.261011.272011.283011.294011.305111.3161
Woodie11.102611.159811.222911.280111.343211.400411.4635
Fibonacci11.158911.204811.233211.279211.325111.353511.3995


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.909111.016611.122111.229611.335111.442611.5481
Camarilla11.168911.188511.208011.227511.247011.266611.2861
Woodie10.908011.016111.121011.229111.334011.442111.5470
Fibonacci11.016611.098011.148311.229611.311011.361311.4426


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.494110.805311.125411.436611.756712.067912.3880
Camarilla11.271911.329811.387611.445511.503411.561211.6191
Woodie10.498610.807511.129911.438811.761212.070112.3925
Fibonacci10.805311.046511.195411.436611.677811.826712.0679

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): 56.22
MACD (12,26,9): 0.0048
Directional Movement: 11.8351
AROON (14): 7.1428
DEMA (21): 11.2745
Parabolic SAR (0,02-0,02-0,2): 11.2300
Elder Ray (13): 0.0169
Super Trend (3,10): 11.2295
Zig ZAG (10): 11.2849
VORTEX (21): 1.0953
Stochastique (14,3,5): 61.75
TEMA (21): 11.2713
Williams %R (14): -33.50
Chande Momentum Oscillator (20): 0.0138
Repulse (5,40,3): 0.1778
ROCnROLL: 1
TRIX (15,9): 0.0077
Courbe Coppock: 0.25
MA7: 11.2445
MA20: 11.3174
MA50: 11.3285
MA100: 11.2499
MAexp7: 11.2708
MAexp20: 11.2670
MAexp50: 11.2543
MAexp100: 11.2440
Price / MA7: +0.33%
Price / MA20: -0.32%
Price / MA50: -0.42%
Price / MA100: +0.28%
Price / MAexp7: +0.09%
Price / MAexp20: +0.13%
Price / MAexp50: +0.24%
Price / MAexp100: +0.33%

Quotes : - Real time data - Forex

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

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Londinia
Londinia AI

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