AUD/USD - 1H - Technical analysis published on 09/22/2020 (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:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.7199 USD
My targets
0.7157 USD (-0.0013)
0.7022 USD (-0.0148)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/USD as long as the price remains well below 0.7199 USD. The sellers” bearish objective is set at 0.7157 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.7022 USD. In case of crossing, the next objective would be the support located at 0.6870 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.9
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Additional analysis
Quotes
The AUD/USD price is 0.7170 USD. The price is lower by -0.82% since the last closing and was traded between 0.7164 USD and 0.7236 USD over the period. The price is currently at +0.08% from its lowest and -0.91% from its highest.0.7164
0.7236
0.7170
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further decline is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
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 a result that can have an impact on the price change:
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 | 0.6551 | 0.6870 | 0.7022 | 0.7170 | 0.7199 | 0.7254 | 0.7305 |
| Change (%) | -8.63% | -4.18% | -2.06% | - | +0.40% | +1.17% | +1.88% |
| Change | -0.0619 | -0.0300 | -0.0148 | - | +0.0029 | +0.0084 | +0.0135 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Minor |
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 | 0.7051 | 0.7125 | 0.7177 | 0.7251 | 0.7303 | 0.7377 | 0.7429 |
| Camarilla | 0.7194 | 0.7206 | 0.7218 | 0.7229 | 0.7241 | 0.7252 | 0.7264 |
| Woodie | 0.7040 | 0.7120 | 0.7166 | 0.7246 | 0.7292 | 0.7372 | 0.7418 |
| Fibonacci | 0.7125 | 0.7173 | 0.7203 | 0.7251 | 0.7299 | 0.7329 | 0.7377 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7157 | 0.7205 | 0.7248 | 0.7296 | 0.7339 | 0.7387 | 0.7430 |
| Camarilla | 0.7265 | 0.7273 | 0.7282 | 0.7290 | 0.7298 | 0.7307 | 0.7315 |
| Woodie | 0.7154 | 0.7204 | 0.7245 | 0.7295 | 0.7336 | 0.7386 | 0.7427 |
| Fibonacci | 0.7205 | 0.7240 | 0.7262 | 0.7296 | 0.7331 | 0.7353 | 0.7387 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6839 | 0.6958 | 0.7167 | 0.7286 | 0.7495 | 0.7614 | 0.7823 |
| Camarilla | 0.7287 | 0.7317 | 0.7347 | 0.7377 | 0.7407 | 0.7437 | 0.7467 |
| Woodie | 0.6885 | 0.6981 | 0.7213 | 0.7309 | 0.7541 | 0.7637 | 0.7869 |
| Fibonacci | 0.6958 | 0.7083 | 0.7160 | 0.7286 | 0.7411 | 0.7488 | 0.7614 |
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): | 32.42 | |
| MACD (12,26,9): | -0.0015 | |
| Directional Movement: | -18.0905 | |
| AROON (14): | -35.7143 | |
| DEMA (21): | 0.7190 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7234 | |
| Elder Ray (13): | -0.0030 | |
| Super Trend (3,10): | 0.7238 | |
| Zig ZAG (10): | 0.7171 | |
| VORTEX (21): | 0.8995 | |
| Stochastique (14,3,5): | 16.25 | |
| TEMA (21): | 0.7189 | |
| Williams %R (14): | -90.14 | |
| Chande Momentum Oscillator (20): | -0.0053 | |
| Repulse (5,40,3): | -0.5781 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0297 | |
| Courbe Coppock: | 0.61 |
| MA7: | 0.7269 | |
| MA20: | 0.7284 | |
| MA50: | 0.7201 | |
| MA100: | 0.6990 | |
| MAexp7: | 0.7196 | |
| MAexp20: | 0.7210 | |
| MAexp50: | 0.7239 | |
| MAexp100: | 0.7261 | |
| Price / MA7: | -1.36% | |
| Price / MA20: | -1.57% | |
| Price / MA50: | -0.43% | |
| Price / MA100: | +2.58% | |
| Price / MAexp7: | -0.35% | |
| Price / MAexp20: | -0.54% | |
| Price / MAexp50: | -0.94% | |
| Price / MAexp100: | -1.24% |
Quotes :
2020-09-22 15:53:09
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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:
-
AUD/USD Technical Analysis for September 23, 2020 by FXEmpire
-
Market Sentiment Still Negative Towards EUR/USD, GBP/USD, AUD/USD | Webinar
-
USD/JPY and AUD/USD Forecast September 22, 2020
-
AUD/USD Technical Analysis for September 22, 2020 by FXEmpire
-
USD/JPY and AUD/USD Forecast September 21, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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