AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
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Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 07/06/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.6962 USD
My targets
0.7022 USD (+0.0045)
0.7105 USD (+0.0128)
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 0.6962 USD. The buyers” bullish objective is set at 0.7022 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.7105 USD. If there is any crossing, the next objective would be the resistance located at 0.7346 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.6

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 Remo. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/USD price is 0.6977 USD. The price registered an increase of +0.52% on the session with the lowest point at 0.6923 USD and the highest point at 0.6988 USD. The deviation from the price is +0.78% for the low point and -0.16% for the high point.

0.6923
0.6988
0.6977

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

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 Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AUD/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported 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.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6930 0.6952 0.6962 0.6977 0.7022 0.7346 0.7736
Change (%) -0.67% -0.36% -0.21% - +0.64% +5.29% +10.88%
Change -0.0047 -0.0025 -0.0015 - +0.0045 +0.0369 +0.0759
Level Minor Intermediate Minor - Intermediate Intermediate Intermediate



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
Standard0.68870.69000.69210.69340.69550.69680.6989
Camarilla0.69320.69350.69380.69410.69440.69470.6950
Woodie0.68900.69020.69240.69360.69580.69700.6992
Fibonacci0.69000.69130.69210.69340.69470.69550.6968


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.67450.67880.68650.69080.69850.70280.7105
Camarilla0.69080.69190.69300.69410.69520.69630.6974
Woodie0.67610.67970.68810.69170.70010.70370.7121
Fibonacci0.67880.68340.68630.69080.69540.69830.7028


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62550.64490.66750.68690.70950.72890.7515
Camarilla0.67850.68230.68620.69000.69390.69770.7016
Woodie0.62700.64570.66900.68770.71100.72970.7530
Fibonacci0.64490.66100.67090.68690.70300.71290.7289

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): 60.11
MACD (12,26,9): 0.0010
Directional Movement: 11.2748
AROON (14): 92.8571
DEMA (21): 0.6975
Parabolic SAR (0,02-0,02-0,2): 0.6953
Elder Ray (13): 0.0010
Super Trend (3,10): 0.6941
Zig ZAG (10): 0.6972
VORTEX (21): 1.0971
Stochastique (14,3,5): 79.45
TEMA (21): 0.6978
Williams %R (14): -35.14
Chande Momentum Oscillator (20): 0.0014
Repulse (5,40,3): 0.0214
ROCnROLL: 1
TRIX (15,9): 0.0193
Courbe Coppock: 0.73
MA7: 0.6911
MA20: 0.6901
MA50: 0.6720
MA100: 0.6516
MAexp7: 0.6972
MAexp20: 0.6962
MAexp50: 0.6946
MAexp100: 0.6929
Price / MA7: +0.95%
Price / MA20: +1.10%
Price / MA50: +3.82%
Price / MA100: +7.07%
Price / MAexp7: +0.09%
Price / MAexp20: +0.23%
Price / MAexp50: +0.46%
Price / MAexp100: +0.71%

Quotes : 2020-07-06 14:42:10 - Real time data - Forex

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

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