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 11/06/2020 (GMT)

  • Who voted?
  • 180
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 0.7222 USD
My targets
0.7290 USD (+0.0018)
0.7370 USD (+0.0098)
My analysis
The basic bullish trend is very strong on AUD/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.7222 USD. Crossing the first resistance at 0.7290 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.7370 USD as an objective. Crossing it would then enable buyers to target 0.7728 USD. Caution, a return to below 0.7222 USD would be a sign of a consolidation phase in the short-term basic trend. 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, 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
6.8

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

Additional analysis

Quotes

The AUD/USD price is 0.7272 USD. The price registered an increase of +0.14% on the session with the lowest point at 0.7239 USD and the highest point at 0.7288 USD. The deviation from the price is +0.46% for the low point and -0.22% for the high point.

0.7239
0.7288
0.7272

Here is a more detailed summary of the historical variations registered by AUD/USD:
The Central Records scanner for higher/lower results shows an item:

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. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 9 technical indicators out of 18 studied are currently bullish. 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 : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.7059 0.7146 0.7222 0.7272 0.7290 0.7370 0.7728
Change (%) -2.93% -1.73% -0.69% - +0.25% +1.35% +6.27%
Change -0.0213 -0.0126 -0.0050 - +0.0018 +0.0098 +0.0456
Level Major Intermediate Minor - Intermediate Major Minor



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
Standard0.70300.70870.71750.72320.73200.73770.7465
Camarilla0.72220.72350.72490.72620.72750.72890.7302
Woodie0.70450.70950.71900.72400.73350.73850.7480
Fibonacci0.70870.71430.71770.72320.72880.73220.7377


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.68100.69060.69660.70620.71220.72180.7278
Camarilla0.69830.69970.70120.70260.70400.70550.7069
Woodie0.67920.68970.69480.70530.71040.72090.7260
Fibonacci0.69060.69660.70020.70620.71220.71580.7218


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.66950.68490.69370.70910.71790.73330.7421
Camarilla0.69590.69820.70040.70260.70480.70700.7093
Woodie0.66630.68330.69050.70750.71470.73170.7389
Fibonacci0.68490.69410.69980.70910.71830.72400.7333

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): 54.22
MACD (12,26,9): 0.0009
Directional Movement: -2.8054
AROON (14): -21.4285
DEMA (21): 0.7276
Parabolic SAR (0,02-0,02-0,2): 0.7282
Elder Ray (13): 0.0005
Super Trend (3,10): 0.7220
Zig ZAG (10): 0.7270
VORTEX (21): 1.0092
Stochastique (14,3,5): 61.22
TEMA (21): 0.7268
Williams %R (14): -32.65
Chande Momentum Oscillator (20): 0.0010
Repulse (5,40,3): 0.0903
ROCnROLL: 1
TRIX (15,9): 0.0239
Courbe Coppock: 0.08
MA7: 0.7147
MA20: 0.7124
MA50: 0.7181
MA100: 0.7130
MAexp7: 0.7266
MAexp20: 0.7261
MAexp50: 0.7230
MAexp100: 0.7186
Price / MA7: +1.75%
Price / MA20: +2.08%
Price / MA50: +1.27%
Price / MA100: +1.99%
Price / MAexp7: +0.08%
Price / MAexp20: +0.15%
Price / MAexp50: +0.58%
Price / MAexp100: +1.20%

Quotes : 2020-11-06 17:55:18 - Real time data - Forex

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

About author

Online

Overall rating :
15111
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis AUD/USD - 1H