AUD/MXN - 1H - Technical analysis published on 02/14/2024 (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
Short term:
Bearish
Underlying:
Bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 11.1396 MXN
My targets
11.0740 MXN (-0.0271)
10.9880 MXN (-0.1131)
My analysis
All elements being rather 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 11.1396 MXN. The next bearish objective for sellers is set at 11.0740 MXN. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 10.9880 MXN. If there is any crossing, the next objective would be the support located at 10.7220 MXN. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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Additional analysis
Quotes
The AUD/MXN rating is 11.1011 MXN. The price registered an increase of +0.00% on the session and was traded between 11.0747 MXN and 11.1330 MXN over the period. The price is currently at +0.24% from its lowest and -0.29% from its highest.11.0747
11.1330
11.1011
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 LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
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
A technical analysis in 1H of this AUD/MXN chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.9880 | 11.0740 | 11.0938 | 11.1011 | 11.1396 | 11.1928 | 11.2833 |
| Change (%) | -1.02% | -0.24% | -0.07% | - | +0.35% | +0.83% | +1.64% |
| Change | -0.1131 | -0.0271 | -0.0073 | - | +0.0385 | +0.0917 | +0.1822 |
| Level | Minor | Intermediate | Major | - | Major | 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 | 10.9432 | 11.0114 | 11.0565 | 11.1247 | 11.1698 | 11.2380 | 11.2831 |
| Camarilla | 11.0703 | 11.0807 | 11.0911 | 11.1015 | 11.1119 | 11.1223 | 11.1327 |
| Woodie | 10.9316 | 11.0056 | 11.0449 | 11.1189 | 11.1582 | 11.2322 | 11.2715 |
| Fibonacci | 11.0114 | 11.0547 | 11.0815 | 11.1247 | 11.1680 | 11.1948 | 11.2380 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.9507 | 11.0093 | 11.0799 | 11.1385 | 11.2091 | 11.2677 | 11.3383 |
| Camarilla | 11.1151 | 11.1269 | 11.1388 | 11.1506 | 11.1624 | 11.1743 | 11.1861 |
| Woodie | 10.9568 | 11.0123 | 11.0860 | 11.1415 | 11.2152 | 11.2707 | 11.3444 |
| Fibonacci | 11.0093 | 11.0586 | 11.0891 | 11.1385 | 11.1878 | 11.2183 | 11.2677 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.7286 | 10.9595 | 11.1306 | 11.3615 | 11.5326 | 11.7635 | 11.9346 |
| Camarilla | 11.1911 | 11.2279 | 11.2648 | 11.3016 | 11.3385 | 11.3753 | 11.4122 |
| Woodie | 10.6986 | 10.9446 | 11.1006 | 11.3466 | 11.5026 | 11.7486 | 11.9046 |
| Fibonacci | 10.9595 | 11.1131 | 11.2080 | 11.3615 | 11.5151 | 11.6100 | 11.7635 |
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): | 45.81 | |
| MACD (12,26,9): | -0.0055 | |
| Directional Movement: | -5.5085 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 11.0981 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.1195 | |
| Elder Ray (13): | -0.0069 | |
| Super Trend (3,10): | 11.1375 | |
| Zig ZAG (10): | 11.1011 | |
| VORTEX (21): | 0.9874 | |
| Stochastique (14,3,5): | 36.88 | |
| TEMA (21): | 11.0983 | |
| Williams %R (14): | -57.46 | |
| Chande Momentum Oscillator (20): | -0.0118 | |
| Repulse (5,40,3): | 0.0888 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0062 | |
| Courbe Coppock: | 0.09 |
| MA7: | 11.1272 | |
| MA20: | 11.2292 | |
| MA50: | 11.3564 | |
| MA100: | 11.3714 | |
| MAexp7: | 11.0999 | |
| MAexp20: | 11.1056 | |
| MAexp50: | 11.1154 | |
| MAexp100: | 11.1254 | |
| Price / MA7: | -0.23% | |
| Price / MA20: | -1.14% | |
| Price / MA50: | -2.25% | |
| Price / MA100: | -2.38% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.13% | |
| Price / MAexp100: | -0.22% |
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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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…
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