AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
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High: -
High / Low range: -
Type: Forex
Ticker: AUDUSD
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AUD/USD - Weekly - Technical analysis published on 04/06/2021 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 0.7364 USD
My targets
0.7820 USD (+0.0153)
0.8110 USD (+0.0443)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/USD as long as the price remains well above 0.7364 USD. The buyers” bullish objective is set at 0.7820 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.8110 USD. If there is any crossing, the next objective would be the resistance located at 0.8683 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.5

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 Simon1. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

AUD/USD rating 0.7667 USD. Over 5 days, this instrument gained +0.76% and has been traded over the last 5 days between 0.7594 USD and 0.7661 USD. This implies that the 5 day price is +0.96% from its lowest point and +0.08% from its highest point.

0.7594
0.7661
0.7667

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in Weekly of this AUD/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Weekly



In fact, of the 18 technical indicators analysed by Central Analyzer, 3 are bullish, 9 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Weekly



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6053 0.6874 0.7364 0.7667 0.7820 0.8110 0.8683
Change (%) -21.05% -10.34% -3.95% - +2.00% +5.78% +13.25%
Change -0.1614 -0.0793 -0.0303 - +0.0153 +0.0443 +0.1016
Level Minor Major Major - Intermediate Major Minor



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
Standard0.75540.75760.76170.76390.76800.77020.7743
Camarilla0.76410.76470.76520.76580.76640.76700.7675
Woodie0.75640.75810.76270.76440.76900.77070.7753
Fibonacci0.75760.76000.76150.76390.76630.76780.7702


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.74090.74710.75410.76030.76730.77350.7805
Camarilla0.75760.75880.76000.76120.76240.76360.7648
Woodie0.74140.74730.75460.76050.76780.77370.7810
Fibonacci0.74710.75210.75520.76030.76530.76840.7735


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.72010.73820.74880.76690.77750.79560.8062
Camarilla0.75150.75410.75680.75940.76200.76470.7673
Woodie0.71640.73630.74510.76500.77380.79370.8025
Fibonacci0.73820.74920.75590.76690.77790.78460.7956

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): 56.68
MACD (12,26,9): 0.0119
Directional Movement: 8.0290
AROON (14): -35.7142
DEMA (21): 0.7784
Parabolic SAR (0,02-0,02-0,2): 0.7918
Elder Ray (13): -0.0029
Super Trend (3,10): 0.7344
Zig ZAG (10): 0.7666
VORTEX (21): 1.1099
Stochastique (14,3,5): 25.72
TEMA (21): 0.7756
Williams %R (14): -71.58
Chande Momentum Oscillator (20): -0.0035
Repulse (5,40,3): 0.3868
ROCnROLL: -1
TRIX (15,9): 0.3101
Courbe Coppock: 3.09
MA7: 0.7628
MA20: 0.7682
MA50: 0.7717
MA100: 0.7638
MAexp7: 0.7678
MAexp20: 0.7606
MAexp50: 0.7357
MAexp100: 0.7210
Price / MA7: +0.51%
Price / MA20: -0.20%
Price / MA50: -0.65%
Price / MA100: +0.38%
Price / MAexp7: -0.14%
Price / MAexp20: +0.80%
Price / MAexp50: +4.21%
Price / MAexp100: +6.34%

Quotes : 2021-04-06 23:55:29 - Real time data - Forex

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

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