AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - Daily - Technical analysis published on 05/22/2020 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 0.6348 USD

My targets

0.6710 USD (+0.0184)

0.6874 USD (+0.0348)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/USD as long as the price remains well above 0.6348 USD. The buyers” bullish objective is set at 0.6710 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6874 USD. If there is any crossing, the next objective would be the resistance located at 0.7019 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

5.2

Comment on the analysis

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 SWZulu. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/USD price is 0.6526 USD. On the day, this instrument gained -0.62% with the lowest point at 0.6506 USD and the highest point at 0.6573 USD. The deviation from the price is +0.31% for the low point and -0.72% for the high point.

0.6506

0.6573

0.6526

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in Daily of this AUD/USD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

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:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.5744	0.6053	0.6166	0.6526	0.6532	0.6710	0.6874
Change (%)	-11.98%	-7.25%	-5.52%	-	+0.09%	+2.82%	+5.33%
Change	-0.0782	-0.0473	-0.0360	-	+0.0006	+0.0184	+0.0348
Level	Major	Major	Minor	-	Major	Intermediate	Major

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
Standard	0.6496	0.6522	0.6545	0.6571	0.6594	0.6620	0.6643
Camarilla	0.6554	0.6558	0.6563	0.6567	0.6572	0.6576	0.6581
Woodie	0.6494	0.6521	0.6543	0.6570	0.6592	0.6619	0.6641
Fibonacci	0.6522	0.6541	0.6553	0.6571	0.6590	0.6602	0.6620

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6199	0.6301	0.6358	0.6460	0.6517	0.6619	0.6676
Camarilla	0.6372	0.6387	0.6401	0.6416	0.6431	0.6445	0.6460
Woodie	0.6178	0.6290	0.6337	0.6449	0.6496	0.6608	0.6655
Fibonacci	0.6301	0.6361	0.6399	0.6460	0.6520	0.6558	0.6619

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5536	0.5758	0.6126	0.6348	0.6716	0.6938	0.7306
Camarilla	0.6332	0.6386	0.6440	0.6494	0.6548	0.6602	0.6656
Woodie	0.5609	0.5795	0.6199	0.6385	0.6789	0.6975	0.7379
Fibonacci	0.5758	0.5983	0.6123	0.6348	0.6573	0.6713	0.6938

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):	56.60
MACD (12,26,9):	0.0053
Directional Movement:	3.8958
AROON (14):	85.7143
DEMA (21):	0.6544
Parabolic SAR (0,02-0,02-0,2):	0.6422
Elder Ray (13):	0.0038
Super Trend (3,10):	0.6320
Zig ZAG (10):	0.6528
VORTEX (21):	1.1339
Stochastique (14,3,5):	77.39
TEMA (21):	0.6569
Williams %R (14):	-36.82
Chande Momentum Oscillator (20):	0.0137
Repulse (5,40,3):	-0.1876
ROCnROLL:	1
TRIX (15,9):	0.1267
Courbe Coppock:	2.22

MA7:	0.6519
MA20:	0.6486
MA50:	0.6287
MA100:	0.6495
MAexp7:	0.6527
MAexp20:	0.6473
MAexp50:	0.6426
MAexp100:	0.6488
Price / MA7:	+0.11%
Price / MA20:	+0.62%
Price / MA50:	+3.80%
Price / MA100:	+0.48%
Price / MAexp7:	-0.02%
Price / MAexp20:	+0.82%
Price / MAexp50:	+1.56%
Price / MAexp100:	+0.59%

News

The latest news and videos published on AUD/USD at the time of the analysis were as follows:

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

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