AUD/USD
AUD USD
0.7710 USD (-0.64%)
Open Real time data - Forex
Open: 0.7760
Change: -0.0050
Volume: 79,214
Low: 0.7706
High: 0.7769
High / Low range: 0.0063
Type: Forex
Ticker: AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 11/17/2020

  • 66
  • 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 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:
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 0.7305 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:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

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:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard0.72170.72410.72800.73040.73430.73670.7406
Camarilla0.73030.73090.73140.73200.73260.73320.7337
Woodie0.72260.72450.72890.73080.73520.73710.7415
Fibonacci0.72410.72650.72800.73040.73280.73430.7367


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.70940.71580.72130.72770.73320.73960.7451
Camarilla0.72360.72470.72580.72690.72800.72910.7302
Woodie0.70910.71560.72100.72750.73290.73940.7448
Fibonacci0.71580.72030.72310.72770.73220.73500.7396


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 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 - 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.

About author

Online

Overall rating :
13578
Number of analyses :
Followers :
0

Add a comment

no pic

Comments

0 comments on the analysis AUD/USD - 1H