AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - Daily - Technical analysis published on 10/29/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Bearish

Technical indicators

22%

61%

17%

My opinion

Bearish under 0.7059 USD

My targets

0.6870 USD (-0.0155)

0.6551 USD (-0.0474)

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 0.7059 USD. The sellers” bearish objective is set at 0.6870 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6551 USD. In case of crossing, the next objective would be the support located at 0.6297 USD.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

4.8

Comment on the analysis

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 Oshakati2018. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/USD rating is 0.7025 USD. On the day, this instrument lost -0.43% and was between 0.7002 USD and 0.7076 USD. This implies that the price is at +0.33% from its lowest and at -0.72% from its highest.

0.7002

0.7076

0.7025

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 Daily shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

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:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6297	0.6551	0.6870	0.7025	0.7059	0.7244	0.7370
Change (%)	-10.36%	-6.75%	-2.21%	-	+0.48%	+3.12%	+4.91%
Change	-0.0728	-0.0474	-0.0155	-	+0.0034	+0.0219	+0.0345
Level	Minor	Minor	Major	-	Major	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6889	0.6964	0.7009	0.7084	0.7129	0.7204	0.7249
Camarilla	0.7022	0.7033	0.7044	0.7055	0.7066	0.7077	0.7088
Woodie	0.6875	0.6957	0.6995	0.7077	0.7115	0.7197	0.7235
Fibonacci	0.6964	0.7010	0.7038	0.7084	0.7130	0.7158	0.7204

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6914	0.6967	0.7052	0.7105	0.7190	0.7243	0.7328
Camarilla	0.7099	0.7112	0.7124	0.7137	0.7150	0.7162	0.7175
Woodie	0.6930	0.6975	0.7068	0.7113	0.7206	0.7251	0.7344
Fibonacci	0.6967	0.7020	0.7052	0.7105	0.7158	0.7190	0.7243

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6568	0.6787	0.6976	0.7195	0.7384	0.7603	0.7792
Camarilla	0.7053	0.7090	0.7128	0.7165	0.7202	0.7240	0.7277
Woodie	0.6553	0.6780	0.6961	0.7188	0.7369	0.7596	0.7777
Fibonacci	0.6787	0.6943	0.7039	0.7195	0.7351	0.7447	0.7603

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):	37.60
MACD (12,26,9):	-0.0029
Directional Movement:	-15.3763
AROON (14):	-100.0000
DEMA (21):	0.7079
Parabolic SAR (0,02-0,02-0,2):	0.7185
Elder Ray (13):	-0.0062
Super Trend (3,10):	0.7237
Zig ZAG (10):	0.7029
VORTEX (21):	0.9223
Stochastique (14,3,5):	24.51
TEMA (21):	0.7064
Williams %R (14):	-88.51
Chande Momentum Oscillator (20):	-0.0135
Repulse (5,40,3):	-1.4620
ROCnROLL:	2
TRIX (15,9):	-0.0532
Courbe Coppock:	2.35

MA7:	0.7099
MA20:	0.7124
MA50:	0.7189
MA100:	0.7113
MAexp7:	0.7084
MAexp20:	0.7116
MAexp50:	0.7136
MAexp100:	0.7066
Price / MA7:	-1.04%
Price / MA20:	-1.39%
Price / MA50:	-2.28%
Price / MA100:	-1.24%
Price / MAexp7:	-0.83%
Price / MAexp20:	-1.28%
Price / MAexp50:	-1.56%
Price / MAexp100:	-0.58%

Quotes : 2020-10-29 22:13:40 - 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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