AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 12/29/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.7600 USD
My targets
0.7624 USD (+0.0015)
0.7640 USD (+0.0031)
My analysis
The bullish trend is currently very strong on AUD/USD. As long as the price remains above the support at 0.7600 USD, you could try to benefit from the boom. The first bullish objective is located at 0.7624 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.7640 USD as an objective. Crossing it would then enable buyers to target 0.7664 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
0
10
8

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/USD rating 0.7609 USD. The price registered an increase of +0.29% on the session and was between 0.7584 USD and 0.7625 USD. This implies that the price is at +0.33% from its lowest and at -0.21% from its highest.

0.7584
0.7625
0.7609

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


A technical analysis in 1H of this AUD/USD chart shows a strongly bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.7557 0.7578 0.7600 0.7609 0.7624 0.7640 0.7664
Change (%) -0.68% -0.41% -0.12% - +0.20% +0.41% +0.72%
Change -0.0052 -0.0031 -0.0009 - +0.0015 +0.0031 +0.0055
Level Minor Minor Minor - Intermediate Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.74890.75230.75550.75890.76210.76550.7687
Camarilla0.75690.75750.75810.75870.75930.75990.7605
Woodie0.74880.75230.75540.75890.76200.76550.7686
Fibonacci0.75230.75480.75640.75890.76140.76300.7655


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.73590.74100.75040.75550.76490.77000.7794
Camarilla0.75570.75700.75840.75970.76100.76240.7637
Woodie0.73800.74210.75250.75660.76700.77110.7815
Fibonacci0.74100.74660.75000.75550.76110.76450.7700


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.66800.68360.70970.72530.75140.76700.7931
Camarilla0.72440.72830.73210.73590.73970.74360.7474
Woodie0.67340.68620.71510.72790.75680.76960.7985
Fibonacci0.68360.69950.70930.72530.74120.75100.7670

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): 55.19
MACD (12,26,9): 0.0006
Directional Movement: 5.2395
AROON (14): 85.7142
DEMA (21): 0.7609
Parabolic SAR (0,02-0,02-0,2): 0.7602
Elder Ray (13): 0.0005
Super Trend (3,10): 0.7582
Zig ZAG (10): 0.7608
VORTEX (21): 1.1372
Stochastique (14,3,5): 69.61
TEMA (21): 0.7615
Williams %R (14): -47.06
Chande Momentum Oscillator (20): 0.0013
Repulse (5,40,3): -0.0517
ROCnROLL: 1
TRIX (15,9): 0.0072
Courbe Coppock: 0.49
MA7: 0.7590
MA20: 0.7519
MA50: 0.7341
MA100: 0.7273
MAexp7: 0.7610
MAexp20: 0.7603
MAexp50: 0.7598
MAexp100: 0.7592
Price / MA7: +0.25%
Price / MA20: +1.20%
Price / MA50: +3.65%
Price / MA100: +4.62%
Price / MAexp7: -0.01%
Price / MAexp20: +0.08%
Price / MAexp50: +0.14%
Price / MAexp100: +0.22%

Quotes : 2020-12-29 18:46:58 - Real time data - Forex

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

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