AUD/USD - 1H - Technical analysis published on 11/23/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.7309 USD
My targets
0.7331 USD (+0.0008)
0.7340 USD (+0.0017)
My analysis
AUD/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.7309 USD. The next resistance located at 0.7331 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.7340 USD. After this resistance, buyers could then target 0.7370 USD.
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
0
10
7
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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/USD rating 0.7323 USD. The price has increased by +0.27% since the last closing and was traded between 0.7299 USD and 0.7328 USD over the period. The price is currently at +0.33% from its lowest and -0.07% from its highest.0.7299
0.7328
0.7323
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/USD:
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. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.7272 | 0.7298 | 0.7309 | 0.7323 | 0.7331 | 0.7340 | 0.7370 |
Change (%) | -0.70% | -0.34% | -0.19% | - | +0.11% | +0.23% | +0.64% |
Change | -0.0051 | -0.0025 | -0.0014 | - | +0.0008 | +0.0017 | +0.0047 |
Level | Intermediate | Minor | Minor | - | Intermediate | 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 | 0.7242 | 0.7273 | 0.7298 | 0.7329 | 0.7354 | 0.7385 |
Camarilla | 0.7288 | 0.7293 | 0.7298 | 0.7303 | 0.7308 | 0.7313 | 0.7318 |
Woodie | 0.7219 | 0.7244 | 0.7275 | 0.7300 | 0.7331 | 0.7356 | 0.7387 |
Fibonacci | 0.7242 | 0.7264 | 0.7277 | 0.7298 | 0.7320 | 0.7333 | 0.7354 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.7172 | 0.7213 | 0.7258 | 0.7299 | 0.7344 | 0.7385 | 0.7430 |
Camarilla | 0.7279 | 0.7287 | 0.7295 | 0.7303 | 0.7311 | 0.7319 | 0.7327 |
Woodie | 0.7174 | 0.7214 | 0.7260 | 0.7300 | 0.7346 | 0.7386 | 0.7432 |
Fibonacci | 0.7213 | 0.7246 | 0.7266 | 0.7299 | 0.7332 | 0.7352 | 0.7385 |
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): | 55.59 | |
MACD (12,26,9): | 0.0005 | |
Directional Movement: | 2.3147 | |
AROON (14): | 21.4286 | |
DEMA (21): | 0.7318 | |
Parabolic SAR (0,02-0,02-0,2): | 0.7306 | |
Elder Ray (13): | 0.0003 | |
Super Trend (3,10): | 0.7290 | |
Zig ZAG (10): | 0.7317 | |
VORTEX (21): | 1.0354 | |
Stochastique (14,3,5): | 57.47 | |
TEMA (21): | 0.7320 | |
Williams %R (14): | -20.69 | |
Chande Momentum Oscillator (20): | 0.0021 | |
Repulse (5,40,3): | 0.1718 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0118 | |
Courbe Coppock: | 0.20 |
MA7: | 0.7295 | |
MA20: | 0.7217 | |
MA50: | 0.7179 | |
MA100: | 0.7172 | |
MAexp7: | 0.7313 | |
MAexp20: | 0.7311 | |
MAexp50: | 0.7303 | |
MAexp100: | 0.7298 | |
Price / MA7: | +0.38% | |
Price / MA20: | +1.47% | |
Price / MA50: | +2.01% | |
Price / MA100: | +2.11% | |
Price / MAexp7: | +0.14% | |
Price / MAexp20: | +0.16% | |
Price / MAexp50: | +0.27% | |
Price / MAexp100: | +0.34% |
Quotes :
2020-11-23 08:09:45
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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 23, 2020
- AUD/USD Technical Analysis for the Week of November 23, 2020 by FXEmpire
- AUD/USD Technical Analysis for November 23, 2020 by FXEmpire
- AUD/USD Technical Analysis For November 20, 2020 By FX Empire
- USD/JPY and AUD/USD Forecast November 20, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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