AUD/MXN - 1H - Technical analysis published on 01/31/2020 (GMT)
- Who voted?
- 219
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 12.6795 MXN
My targets
12.5595 MXN (-0.0311)
12.5225 MXN (-0.0681)
My analysis
AUD/MXN is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 12.6795 MXN. The next support located at 12.5595 MXN is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 12.5225 MXN. Below this support, sellers could then target 11.2833 MXN. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
8
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:
Additional analysis
Quotes
The AUD/MXN rating is 12.5906 MXN. The price registered a decrease of -0.12% on the session with the lowest point at 12.5831 MXN and the highest point at 12.6249 MXN. The deviation from the price is +0.06% for the low point and -0.27% for the high point.12.5831
12.6249
12.5906
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/MXN in 1H shows a overall strongly 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 market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
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 | 11.2833 | 12.5595 | 12.5841 | 12.5906 | 12.6795 | 12.7670 | 12.8284 |
| Change (%) | -10.38% | -0.25% | -0.05% | - | +0.71% | +1.40% | +1.89% |
| Change | -1.3073 | -0.0311 | -0.0065 | - | +0.0889 | +0.1764 | +0.2378 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.4620 | 12.5108 | 12.5584 | 12.6072 | 12.6548 | 12.7036 | 12.7512 |
| Camarilla | 12.5796 | 12.5884 | 12.5973 | 12.6061 | 12.6149 | 12.6238 | 12.6326 |
| Woodie | 12.4615 | 12.5105 | 12.5579 | 12.6069 | 12.6543 | 12.7033 | 12.7507 |
| Fibonacci | 12.5108 | 12.5476 | 12.5703 | 12.6072 | 12.6440 | 12.6667 | 12.7036 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.6486 | 12.7078 | 12.7669 | 12.8261 | 12.8852 | 12.9444 | 13.0035 |
| Camarilla | 12.7934 | 12.8042 | 12.8151 | 12.8259 | 12.8367 | 12.8476 | 12.8584 |
| Woodie | 12.6485 | 12.7078 | 12.7668 | 12.8261 | 12.8851 | 12.9444 | 13.0034 |
| Fibonacci | 12.7078 | 12.7530 | 12.7809 | 12.8261 | 12.8713 | 12.8992 | 12.9444 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.5225 | 12.7323 | 13.0077 | 13.2175 | 13.4929 | 13.7027 | 13.9781 |
| Camarilla | 13.1496 | 13.1941 | 13.2385 | 13.2830 | 13.3275 | 13.3720 | 13.4164 |
| Woodie | 12.5552 | 12.7487 | 13.0404 | 13.2339 | 13.5256 | 13.7191 | 14.0108 |
| Fibonacci | 12.7323 | 12.9177 | 13.0322 | 13.2175 | 13.4029 | 13.5174 | 13.7027 |
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): | 42.95 | |
| MACD (12,26,9): | -0.0075 | |
| Directional Movement: | -8.5031 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 12.6000 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.6480 | |
| Elder Ray (13): | -0.0134 | |
| Super Trend (3,10): | 12.6556 | |
| Zig ZAG (10): | 12.5941 | |
| VORTEX (21): | 0.9569 | |
| Stochastique (14,3,5): | 18.72 | |
| TEMA (21): | 12.6000 | |
| Williams %R (14): | -85.02 | |
| Chande Momentum Oscillator (20): | -0.0348 | |
| Repulse (5,40,3): | -0.1734 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0062 | |
| Courbe Coppock: | 0.33 |
| MA7: | 12.7064 | |
| MA20: | 12.8532 | |
| MA50: | 13.0433 | |
| MA100: | 13.1088 | |
| MAexp7: | 12.6022 | |
| MAexp20: | 12.6092 | |
| MAexp50: | 12.6300 | |
| MAexp100: | 12.6735 | |
| Price / MA7: | -0.91% | |
| Price / MA20: | -2.04% | |
| Price / MA50: | -3.47% | |
| Price / MA100: | -3.95% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.31% | |
| Price / MAexp100: | -0.65% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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
Comments
0 comments on the analysis AUD/MXN - 1H