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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 03/12/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 11.1631 MXN
My targets
11.0956 MXN (-0.0161)
11.0533 MXN (-0.0584)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade AUD/MXN with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 11.1631 MXN. The next bearish objective for sellers is set at 11.0956 MXN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11.0533 MXN. In case of crossing, the next objective would be the support located at 11.0339 MXN. In the event of a bullish break in the resistance located at 11.1631 MXN a certain indecision would take hold.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0

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

The AUD/MXN rating is 11.1117 MXN. The price registered a decrease of -0.02% on the session with the lowest point at 11.0960 MXN and the highest point at 11.1469 MXN. The deviation from the price is +0.14% for the low point and -0.32% for the high point.

11.0960
11.1469
11.1117

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 study of the highest / lowest by the Central Records scanner shows the following results:

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 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 an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11.0339 11.0533 11.0956 11.1117 11.1225 11.1631 11.1849
Change (%) -0.70% -0.53% -0.14% - +0.10% +0.46% +0.66%
Change -0.0778 -0.0584 -0.0161 - +0.0108 +0.0514 +0.0732
Level Minor Intermediate Major - Major Minor 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
Standard11.028111.057111.085811.114811.143511.172511.2012
Camarilla11.098511.103811.109111.114411.119711.125011.1303
Woodie11.027911.057011.085611.114711.143311.172411.2010
Fibonacci11.057111.079211.092811.114811.136911.150511.1725


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.775510.884611.010311.119411.245111.354211.4799
Camarilla11.071511.093111.114611.136111.157611.179211.2007
Woodie10.783910.888811.018711.123611.253511.358411.4883
Fibonacci10.884610.974311.029711.119411.209111.264511.3542


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.739310.903510.993211.157411.247111.411311.5010
Camarilla11.013011.036311.059511.082811.106111.129411.1526
Woodie10.702010.884910.955911.138811.209811.392711.4637
Fibonacci10.903511.000511.060411.157411.254411.314311.4113

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): 54.59
MACD (12,26,9): 0.0002
Directional Movement: 9.1760
AROON (14): 0
DEMA (21): 11.1133
Parabolic SAR (0,02-0,02-0,2): 11.1270
Elder Ray (13): 0.0066
Super Trend (3,10): 11.1490
Zig ZAG (10): 11.1181
VORTEX (21): 1.0062
Stochastique (14,3,5): 53.81
TEMA (21): 11.1186
Williams %R (14): -49.51
Chande Momentum Oscillator (20): 0.0063
Repulse (5,40,3): 0.0627
ROCnROLL: 1
TRIX (15,9): -0.0024
Courbe Coppock: 0.14
MA7: 11.0980
MA20: 11.1321
MA50: 11.2163
MA100: 11.3161
MAexp7: 11.1171
MAexp20: 11.1150
MAexp50: 11.1190
MAexp100: 11.1163
Price / MA7: +0.12%
Price / MA20: -0.18%
Price / MA50: -0.93%
Price / MA100: -1.81%
Price / MAexp7: -0.05%
Price / MAexp20: -0.03%
Price / MAexp50: -0.06%
Price / MAexp100: -0.04%

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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