AUD/MXN - 1H - Technical analysis published on 11/27/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 13.1962 MXN
My targets
13.2594 MXN (+0.26%)
13.2838 MXN (+0.45%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/MXN. As long as you are above the support located at 13.1962 MXN, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 13.2594 MXN would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 13.2838 MXN as an objective. Crossing it would then enable buyers to target 13.4123 MXN. If the support 13.1962 MXN were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
1.4
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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 13.2245 MXN. On the day, this instrument lost -0.19% and was traded between 13.2194 MXN and 13.2593 MXN over the period. The price is currently at +0.04% from its lowest and -0.26% from its highest.13.2194
13.2593
13.2245
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/MXN indicates that the overall trend is bullish. The signals given by moving averages are 64.29% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.1206 | 13.1566 | 13.1962 | 13.2245 | 13.2594 | 13.2838 | 13.4123 |
| Change (%) | -0.79% | -0.51% | -0.21% | - | +0.26% | +0.45% | +1.42% |
| Change | -0.1039 | -0.0679 | -0.0283 | - | +0.0349 | +0.0593 | +0.1878 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 13.0332 | 13.0948 | 13.1723 | 13.2339 | 13.3114 | 13.3730 | 13.4505 |
| Camarilla | 13.2115 | 13.2242 | 13.2370 | 13.2497 | 13.2625 | 13.2752 | 13.2880 |
| Woodie | 13.0411 | 13.0988 | 13.1802 | 13.2379 | 13.3193 | 13.3770 | 13.4584 |
| Fibonacci | 13.0948 | 13.1480 | 13.1808 | 13.2339 | 13.2871 | 13.3199 | 13.3730 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.8330 | 12.9483 | 13.0532 | 13.1685 | 13.2734 | 13.3887 | 13.4936 |
| Camarilla | 13.0975 | 13.1177 | 13.1379 | 13.1581 | 13.1783 | 13.1985 | 13.2187 |
| Woodie | 12.8278 | 12.9457 | 13.0480 | 13.1659 | 13.2682 | 13.3861 | 13.4884 |
| Fibonacci | 12.9483 | 13.0324 | 13.0844 | 13.1685 | 13.2526 | 13.3046 | 13.3887 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.5697 | 12.7494 | 13.0044 | 13.1841 | 13.4391 | 13.6188 | 13.8738 |
| Camarilla | 13.1399 | 13.1797 | 13.2196 | 13.2594 | 13.2993 | 13.3391 | 13.3789 |
| Woodie | 12.6074 | 12.7682 | 13.0421 | 13.2029 | 13.4768 | 13.6376 | 13.9115 |
| Fibonacci | 12.7494 | 12.9155 | 13.0181 | 13.1841 | 13.3502 | 13.4528 | 13.6188 |
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): | 50.77 | |
| MACD (12,26,9): | 0.0094 | |
| Directional Movement: | 0.7924 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 13.2458 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.2860 | |
| Elder Ray (13): | -0.0079 | |
| Super Trend (3,10): | 13.1911 | |
| Zig ZAG (10): | 13.2245 | |
| VORTEX (21): | 1.1123 | |
| Stochastique (14,3,5): | 5.01 | |
| TEMA (21): | 13.2419 | |
| Williams %R (14): | -89.70 | |
| Chande Momentum Oscillator (20): | -0.0248 | |
| Repulse (5,40,3): | -0.1092 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0174 | |
| Courbe Coppock: | 0.06 |
| MA7: | 13.2044 | |
| MA20: | 13.1861 | |
| MA50: | 13.1698 | |
| MA100: | 13.2536 | |
| MAexp7: | 13.2322 | |
| MAexp20: | 13.2308 | |
| MAexp50: | 13.2094 | |
| MAexp100: | 13.1952 | |
| Price / MA7: | +0.15% | |
| Price / MA20: | +0.29% | |
| Price / MA50: | +0.42% | |
| Price / MA100: | -0.22% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.22% |
This member declared not having a position on this financial instrument or a related financial instrument.
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