AUD/USD
AUD USD
0.7370 USD (+0.18%)
Open Real time data - Forex
Open: 0.7357
Change: +0.0013
Volume: 20,393
Low: 0.7352
High: 0.7371
High / Low range: 0.0019
Type: Forex
Ticker: AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 10/29/2020

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  • Timeframe : 1H
  • - Analysis generated on 2020-10-29 22:12:01
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 0.7038 USD
My targets
0.6967 USD (-0.0057)
0.6914 USD (-0.0110)
My analysis
The bearish trend is currently very strong for AUD/USD. As long as the price remains below the resistance at 0.7038 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.6967 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.6914 USD as an objective. Crossing it would then enable sellers to target 0.6870 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.4

This analysis was given by Oshakati2018. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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.

Additional analysis

Quotes

The AUD/USD rating is 0.7024 USD. The price is lower by -0.44% since the last closing and was traded between 0.7002 USD and 0.7076 USD over the period. The price is currently at +0.31% from its lowest and -0.73% from its highest.

0.7002
0.7076
0.7024

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 for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AUD/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed 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.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6551 0.6870 0.7020 0.7024 0.7038 0.7059 0.7070
Change (%) -6.73% -2.19% -0.06% - +0.20% +0.50% +0.65%
Change -0.0473 -0.0154 -0.0004 - +0.0014 +0.0035 +0.0046
Level Minor Major Intermediate - Major Major 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
Standard0.68890.69640.70090.70840.71290.72040.7249
Camarilla0.70220.70330.70440.70550.70660.70770.7088
Woodie0.68750.69570.69950.70770.71150.71970.7235
Fibonacci0.69640.70100.70380.70840.71300.71580.7204


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.69140.69670.70520.71050.71900.72430.7328
Camarilla0.70990.71120.71240.71370.71500.71620.7175
Woodie0.69300.69750.70680.71130.72060.72510.7344
Fibonacci0.69670.70200.70520.71050.71580.71900.7243


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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 41.94
MACD (12,26,9): -0.0012
Directional Movement: -4.6656
AROON (14): -64.2857
DEMA (21): 0.7019
Parabolic SAR (0,02-0,02-0,2): 0.7004
Elder Ray (13): -0.0002
Super Trend (3,10): 0.7067
Zig ZAG (10): 0.7030
VORTEX (21): 0.9288
Stochastique (14,3,5): 42.21
TEMA (21): 0.7021
Williams %R (14): -57.14
Chande Momentum Oscillator (20): -0.0009
Repulse (5,40,3): 0.0135
ROCnROLL: 2
TRIX (15,9): -0.0298
Courbe Coppock: 0.94
MA7: 0.7099
MA20: 0.7124
MA50: 0.7189
MA100: 0.7113
MAexp7: 0.7029
MAexp20: 0.7036
MAexp50: 0.7062
MAexp100: 0.7082
Price / MA7: -1.06%
Price / MA20: -1.40%
Price / MA50: -2.30%
Price / MA100: -1.25%
Price / MAexp7: -0.07%
Price / MAexp20: -0.17%
Price / MAexp50: -0.54%
Price / MAexp100: -0.82%

Quotes : 2020-10-29 22:12:00 - Real time data - Forex

News


The last news published on AUD/USD at the time of the generation of this analysis was as follows:

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

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