AUD/USD - 1H - Technical analysis published on 11/17/2020
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- Timeframe : 1H
- - Analysis generated on 2020-11-17 07:48:06
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
11%
39%
50%
My opinion
Bullish above 0.7289 USD
My targets
0.7318 USD (+0.0013)
0.7340 USD (+0.0035)
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 above the support located at 0.7289 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.7318 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.7340 USD as an objective. Crossing it would then enable buyers to target 0.7370 USD. If the support 0.7289 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
2.3
Complete this analysis for another time unit:
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 0.7305 USD. The price is lower by -0.21% since the last closing and was traded between 0.7304 USD and 0.7330 USD over the period. The price is currently at +0.01% from its lowest and -0.34% from its highest.0.7304
0.7330
0.7305
So that you have an overall view of the price change, here is a table showing the variations over several periods:

Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/USD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 7 technical indicators out of 18 studied are currently bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.7221 | 0.7267 | 0.7289 | 0.7305 | 0.7318 | 0.7340 | 0.7370 |
Change (%) | -1.15% | -0.52% | -0.22% | - | +0.18% | +0.48% | +0.89% |
Change | -0.0084 | -0.0038 | -0.0016 | - | +0.0013 | +0.0035 | +0.0065 |
Level | Minor | Minor | Intermediate | - | Minor | Intermediate | 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 | 0.7217 | 0.7241 | 0.7280 | 0.7304 | 0.7343 | 0.7367 | 0.7406 |
Camarilla | 0.7303 | 0.7309 | 0.7314 | 0.7320 | 0.7326 | 0.7332 | 0.7337 |
Woodie | 0.7226 | 0.7245 | 0.7289 | 0.7308 | 0.7352 | 0.7371 | 0.7415 |
Fibonacci | 0.7241 | 0.7265 | 0.7280 | 0.7304 | 0.7328 | 0.7343 | 0.7367 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.7094 | 0.7158 | 0.7213 | 0.7277 | 0.7332 | 0.7396 | 0.7451 |
Camarilla | 0.7236 | 0.7247 | 0.7258 | 0.7269 | 0.7280 | 0.7291 | 0.7302 |
Woodie | 0.7091 | 0.7156 | 0.7210 | 0.7275 | 0.7329 | 0.7394 | 0.7448 |
Fibonacci | 0.7158 | 0.7203 | 0.7231 | 0.7277 | 0.7322 | 0.7350 | 0.7396 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 52.18 | |
MACD (12,26,9): | 0.0008 | |
Directional Movement: | 4.4074 | |
AROON (14): | -50.0000 | |
DEMA (21): | 0.7323 | |
Parabolic SAR (0,02-0,02-0,2): | 0.7330 | |
Elder Ray (13): | -0.0002 | |
Super Trend (3,10): | 0.7289 | |
Zig ZAG (10): | 0.7308 | |
VORTEX (21): | 1.1004 | |
Stochastique (14,3,5): | 26.79 | |
TEMA (21): | 0.7320 | |
Williams %R (14): | -100.00 | |
Chande Momentum Oscillator (20): | -0.0007 | |
Repulse (5,40,3): | -0.2561 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0205 | |
Courbe Coppock: | 0.16 |
MA7: | 0.7283 | |
MA20: | 0.7183 | |
MA50: | 0.7178 | |
MA100: | 0.7158 | |
MAexp7: | 0.7315 | |
MAexp20: | 0.7312 | |
MAexp50: | 0.7295 | |
MAexp100: | 0.7281 | |
Price / MA7: | +0.30% | |
Price / MA20: | +1.70% | |
Price / MA50: | +1.77% | |
Price / MA100: | +2.05% | |
Price / MAexp7: | -0.12% | |
Price / MAexp20: | -0.08% | |
Price / MAexp50: | +0.15% | |
Price / MAexp100: | +0.34% |
Quotes :
2020-11-17 07:48:05
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Real time data
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Forex
News
The last news published on AUD/USD at the time of the generation of this analysis was as follows:
-
USD/JPY and AUD/USD Forecast November 17, 2020
-
AUD/USD Technical Analysis for November 17, 2020 by FXEmpire
-
AUD/USD Technical Analysis For November 16, 2020 By FX Empire
-
USD/JPY and AUD/USD Forecast November 16, 2020
-
AUD/USD Technical Analysis for the Week of November 16, 2020 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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