AUD/USD

- USD (-)

- Real time data - Forex

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - Daily - Technical analysis published on 12/21/2020 (GMT)

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Londinia

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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

50%

22%

28%

My opinion

Bullish above 0.7364 USD

My targets

0.7670 USD (+0.0184)

0.7730 USD (+0.0244)

My analysis

The bullish trend is currently very strong on AUD/USD. As long as the price remains above the support at 0.7364 USD, you could try to benefit from the boom. The first bullish objective is located at 0.7670 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.7730 USD as an objective. Crossing it would then enable buyers to target 0.8110 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.

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 savas. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/USD price is 0.7486 USD. On the day, this instrument lost -1.81% with the lowest point at 0.7486 USD and the highest point at 0.7607 USD. The deviation from the price is 0% for the low point and -1.59% for the high point.

0.7486

0.7607

0.7486

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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 this Daily chart of AUD/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6870	0.7027	0.7364	0.7486	0.7730	0.8110	0.9806
Change (%)	-8.23%	-6.13%	-1.63%	-	+3.26%	+8.34%	+30.99%
Change	-0.0616	-0.0459	-0.0122	-	+0.0244	+0.0624	+0.2320
Level	Major	Major	Major	-	Minor	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7553	0.7567	0.7596	0.7610	0.7639	0.7653	0.7682
Camarilla	0.7612	0.7616	0.7620	0.7624	0.7628	0.7632	0.7636
Woodie	0.7560	0.7571	0.7603	0.7614	0.7646	0.7657	0.7689
Fibonacci	0.7567	0.7584	0.7594	0.7610	0.7627	0.7637	0.7653

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7408	0.7457	0.7541	0.7590	0.7674	0.7723	0.7807
Camarilla	0.7587	0.7600	0.7612	0.7624	0.7636	0.7648	0.7661
Woodie	0.7425	0.7466	0.7558	0.7599	0.7691	0.7732	0.7824
Fibonacci	0.7457	0.7508	0.7540	0.7590	0.7641	0.7673	0.7723

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6680	0.6836	0.7097	0.7253	0.7514	0.7670	0.7931
Camarilla	0.7244	0.7283	0.7321	0.7359	0.7397	0.7436	0.7474
Woodie	0.6734	0.6862	0.7151	0.7279	0.7568	0.7696	0.7985
Fibonacci	0.6836	0.6995	0.7093	0.7253	0.7412	0.7510	0.7670

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):	58.82
MACD (12,26,9):	0.0080
Directional Movement:	9.8947
AROON (14):	85.7143
DEMA (21):	0.7571
Parabolic SAR (0,02-0,02-0,2):	0.7640
Elder Ray (13):	0.0044
Super Trend (3,10):	0.7424
Zig ZAG (10):	0.7504
VORTEX (21):	1.1668
Stochastique (14,3,5):	79.64
TEMA (21):	0.7599
Williams %R (14):	-46.71
Chande Momentum Oscillator (20):	0.0069
Repulse (5,40,3):	-0.8703
ROCnROLL:	-1
TRIX (15,9):	0.1508
Courbe Coppock:	4.87

MA7:	0.7562
MA20:	0.7461
MA50:	0.7292
MA100:	0.7252
MAexp7:	0.7546
MAexp20:	0.7468
MAexp50:	0.7351
MAexp100:	0.7235
Price / MA7:	-1.01%
Price / MA20:	+0.34%
Price / MA50:	+2.66%
Price / MA100:	+3.23%
Price / MAexp7:	-0.80%
Price / MAexp20:	+0.24%
Price / MAexp50:	+1.84%
Price / MAexp100:	+3.47%

Quotes : 2020-12-21 10:06:50 - 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.

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