AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
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AUD/USD - Daily - Technical analysis published on 11/12/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 0.7059 USD

My targets

0.7370 USD (+0.0139)

0.7421 USD (+0.0190)

My analysis

The bullish trend is currently very strong on AUD/USD. As long as the price remains above the support at 0.7059 USD, you could try to benefit from the boom. The first bullish objective is located at 0.7370 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.7421 USD as an objective. Crossing it would then enable buyers to target 0.7728 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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 0.7231 USD. On the day, this instrument lost -0.73% and was between 0.7223 USD and 0.7294 USD. This implies that the price is at +0.11% from its lowest and at -0.86% from its highest.

0.7223

0.7294

0.7231

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:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AUD/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6551	0.6870	0.7059	0.7231	0.7370	0.7728	0.8110
Change (%)	-9.40%	-4.99%	-2.38%	-	+1.92%	+6.87%	+12.16%
Change	-0.0680	-0.0361	-0.0172	-	+0.0139	+0.0497	+0.0879
Level	Minor	Major	Major	-	Major	Minor	Major

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	0.7199	0.7229	0.7257	0.7287	0.7315	0.7345	0.7373
Camarilla	0.7268	0.7273	0.7279	0.7284	0.7289	0.7295	0.7300
Woodie	0.7197	0.7229	0.7255	0.7287	0.7313	0.7345	0.7371
Fibonacci	0.7229	0.7252	0.7265	0.7287	0.7310	0.7323	0.7345

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6771	0.6881	0.7070	0.7180	0.7369	0.7479	0.7668
Camarilla	0.7177	0.7204	0.7232	0.7259	0.7286	0.7314	0.7341
Woodie	0.6811	0.6901	0.7110	0.7200	0.7409	0.7499	0.7708
Fibonacci	0.6881	0.6995	0.7066	0.7180	0.7294	0.7365	0.7479

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6695	0.6849	0.6937	0.7091	0.7179	0.7333	0.7421
Camarilla	0.6959	0.6982	0.7004	0.7026	0.7048	0.7070	0.7093
Woodie	0.6663	0.6833	0.6905	0.7075	0.7147	0.7317	0.7389
Fibonacci	0.6849	0.6941	0.6998	0.7091	0.7183	0.7240	0.7333

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	56.74
MACD (12,26,9):	0.0032
Directional Movement:	7.3546
AROON (14):	35.7143
DEMA (21):	0.7215
Parabolic SAR (0,02-0,02-0,2):	0.7102
Elder Ray (13):	0.0054
Super Trend (3,10):	0.7048
Zig ZAG (10):	0.7233
VORTEX (21):	1.0525
Stochastique (14,3,5):	78.89
TEMA (21):	0.7254
Williams %R (14):	-30.95
Chande Momentum Oscillator (20):	0.0110
Repulse (5,40,3):	-0.6541
ROCnROLL:	1
TRIX (15,9):	0.0159
Courbe Coppock:	4.00

MA7:	0.7254
MA20:	0.7147
MA50:	0.7175
MA100:	0.7145
MAexp7:	0.7237
MAexp20:	0.7185
MAexp50:	0.7162
MAexp100:	0.7092
Price / MA7:	-0.32%
Price / MA20:	+1.18%
Price / MA50:	+0.78%
Price / MA100:	+1.20%
Price / MAexp7:	-0.08%
Price / MAexp20:	+0.64%
Price / MAexp50:	+0.96%
Price / MAexp100:	+1.96%

Quotes : 2020-11-12 23:17:03 - Real time data - 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:

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

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