AUD/USD - Daily - Technical analysis published on 05/27/2020 (GMT)
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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
83%
6%
11%
My opinion
Bullish above 0.6532 USD
My targets
0.6710 USD (+0.0068)
0.6874 USD (+0.0232)
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 0.6532 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 0.7346 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
6.8
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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 0.6642 USD. The price registered a decrease of -0.06% on the session and was traded between 0.6631 USD and 0.6658 USD over the period. The price is currently at +0.17% from its lowest and -0.24% from its highest.0.6631
0.6658
0.6642
Here is a more detailed summary of the historical variations registered by AUD/USD:
Technical
A technical analysis in Daily of this AUD/USD chart shows a bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced 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.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
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 | 0.6053 | 0.6292 | 0.6532 | 0.6642 | 0.6710 | 0.6874 | 0.7346 |
Change (%) | -8.87% | -5.27% | -1.66% | - | +1.02% | +3.49% | +10.60% |
Change | -0.0589 | -0.0350 | -0.0110 | - | +0.0068 | +0.0232 | +0.0704 |
Level | Major | Minor | Major | - | Intermediate | Major | 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 | 0.6433 | 0.6487 | 0.6567 | 0.6621 | 0.6701 | 0.6755 | 0.6835 |
Camarilla | 0.6609 | 0.6621 | 0.6634 | 0.6646 | 0.6658 | 0.6671 | 0.6683 |
Woodie | 0.6445 | 0.6494 | 0.6579 | 0.6628 | 0.6713 | 0.6762 | 0.6847 |
Fibonacci | 0.6487 | 0.6539 | 0.6570 | 0.6621 | 0.6673 | 0.6704 | 0.6755 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6220 | 0.6316 | 0.6426 | 0.6522 | 0.6632 | 0.6728 | 0.6838 |
Camarilla | 0.6480 | 0.6499 | 0.6518 | 0.6537 | 0.6556 | 0.6575 | 0.6594 |
Woodie | 0.6228 | 0.6320 | 0.6434 | 0.6526 | 0.6640 | 0.6732 | 0.6846 |
Fibonacci | 0.6316 | 0.6394 | 0.6443 | 0.6522 | 0.6600 | 0.6649 | 0.6728 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 64.31 | |
MACD (12,26,9): | 0.0064 | |
Directional Movement: | 13.2973 | |
AROON (14): | 92.8571 | |
DEMA (21): | 0.6594 | |
Parabolic SAR (0,02-0,02-0,2): | 0.6452 | |
Elder Ray (13): | 0.0099 | |
Super Trend (3,10): | 0.6412 | |
Zig ZAG (10): | 0.6644 | |
VORTEX (21): | 1.1212 | |
Stochastique (14,3,5): | 83.13 | |
TEMA (21): | 0.6623 | |
Williams %R (14): | -12.41 | |
Chande Momentum Oscillator (20): | 0.0158 | |
Repulse (5,40,3): | 1.2899 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1332 | |
Courbe Coppock: | 3.67 |
MA7: | 0.6582 | |
MA20: | 0.6503 | |
MA50: | 0.6326 | |
MA100: | 0.6487 | |
MAexp7: | 0.6583 | |
MAexp20: | 0.6511 | |
MAexp50: | 0.6448 | |
MAexp100: | 0.6495 | |
Price / MA7: | +0.91% | |
Price / MA20: | +2.14% | |
Price / MA50: | +5.00% | |
Price / MA100: | +2.39% | |
Price / MAexp7: | +0.90% | |
Price / MAexp20: | +2.01% | |
Price / MAexp50: | +3.01% | |
Price / MAexp100: | +2.26% |
Quotes :
2020-05-27 05:39:41
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Real time data
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Forex
News
Don"t forget to follow the news on AUD/USD. At the time of publication of this analysis, the latest news was as follows:
- USD/JPY and AUD/USD Forecast May 27, 2020
- AUD/USD Technical Analysis for May 27, 2020 by FXEmpire
- USD/JPY and AUD/USD Forecast May 26, 2020
- AUD/USD Technical Analysis for May 26, 2020 by FXEmpire
- USD/JPY and AUD/USD Forecast May 25, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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