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

AUD/USD - 1H - Technical analysis published on 10/19/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 0.7098 USD
My targets
0.7072 USD (-0.0016)
0.7056 USD (-0.0032)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/USD. As long as you are under the resistance located at 0.7098 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.7072 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.7056 USD as an objective. Crossing it would then enable sellers to target 0.7027 USD. If the resistance 0.7098 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2

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

Additional analysis

Quotes

The AUD/USD price is 0.7088 USD. The price registered an increase of +0.14% on the session and was between 0.7071 USD and 0.7109 USD. This implies that the price is at +0.24% from its lowest and at -0.30% from its highest.

0.7071
0.7109
0.7088

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/USD:
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 AUD/USD in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

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:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.7027 0.7056 0.7072 0.7088 0.7098 0.7150 0.7206
Change (%) -0.86% -0.45% -0.23% - +0.14% +0.87% +1.66%
Change -0.0061 -0.0032 -0.0016 - +0.0010 +0.0062 +0.0118
Level Major Minor Intermediate - Intermediate Minor 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
Standard0.70390.70550.70660.70820.70930.71090.7120
Camarilla0.70710.70730.70760.70780.70810.70830.7085
Woodie0.70380.70540.70650.70810.70920.71080.7119
Fibonacci0.70550.70650.70710.70820.70920.70980.7109


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.68290.69430.70100.71240.71910.73050.7372
Camarilla0.70280.70450.70610.70780.70950.71110.7128
Woodie0.68070.69310.69880.71120.71690.72930.7350
Fibonacci0.69430.70120.70550.71240.71930.72360.7305


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.65680.67870.69760.71950.73840.76030.7792
Camarilla0.70530.70900.71280.71650.72020.72400.7277
Woodie0.65530.67800.69610.71880.73690.75960.7777
Fibonacci0.67870.69430.70390.71950.73510.74470.7603

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): 47.49
MACD (12,26,9): 0.0001
Directional Movement: 1.5683
AROON (14): 28.5714
DEMA (21): 0.7088
Parabolic SAR (0,02-0,02-0,2): 0.7077
Elder Ray (13): -0.0001
Super Trend (3,10): 0.7108
Zig ZAG (10): 0.7085
VORTEX (21): 1.0041
Stochastique (14,3,5): 59.65
TEMA (21): 0.7094
Williams %R (14): -60.53
Chande Momentum Oscillator (20): 0.0002
Repulse (5,40,3): -0.1056
ROCnROLL: 2
TRIX (15,9): -0.0010
Courbe Coppock: 0.21
MA7: 0.7144
MA20: 0.7135
MA50: 0.7204
MA100: 0.7101
MAexp7: 0.7090
MAexp20: 0.7088
MAexp50: 0.7097
MAexp100: 0.7119
Price / MA7: -0.78%
Price / MA20: -0.66%
Price / MA50: -1.61%
Price / MA100: -0.18%
Price / MAexp7: -0.03%
Price / MAexp20: -0%
Price / MAexp50: -0.13%
Price / MAexp100: -0.44%

Quotes : 2020-10-19 04:17:16 - Real time data - Forex

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

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