AUD/USD - Daily - Technical analysis published on 05/04/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 0.7596 USD
My targets
0.7815 USD (+0.0075)
0.7976 USD (+0.0236)
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 0.7596 USD. The buyers” bullish objective is set at 0.7815 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.7976 USD. If there is any crossing, the next objective would be the resistance located at 0.8110 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
5.9
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/USD rating 0.7740 USD. The price is lower by -0.23% since the last closing and was traded between 0.7740 USD and 0.7761 USD over the period. The price is currently at 0% from its lowest and -0.27% from its highest.0.7740
0.7761
0.7740
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AUD/USD indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.7245 | 0.7364 | 0.7596 | 0.7740 | 0.7815 | 0.7976 | 0.8110 |
Change (%) | -6.40% | -4.86% | -1.86% | - | +0.97% | +3.05% | +4.78% |
Change | -0.0495 | -0.0376 | -0.0144 | - | +0.0075 | +0.0236 | +0.0370 |
Level | Minor | Major | Intermediate | - | Major | Minor | Major |
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 |
---|---|---|---|---|---|---|---|
Standard | 0.7659 | 0.7683 | 0.7720 | 0.7744 | 0.7781 | 0.7805 | 0.7842 |
Camarilla | 0.7741 | 0.7747 | 0.7752 | 0.7758 | 0.7764 | 0.7769 | 0.7775 |
Woodie | 0.7667 | 0.7686 | 0.7728 | 0.7747 | 0.7789 | 0.7808 | 0.7850 |
Fibonacci | 0.7683 | 0.7706 | 0.7720 | 0.7744 | 0.7767 | 0.7781 | 0.7805 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.7545 | 0.7621 | 0.7667 | 0.7743 | 0.7789 | 0.7865 | 0.7911 |
Camarilla | 0.7681 | 0.7692 | 0.7703 | 0.7714 | 0.7725 | 0.7736 | 0.7748 |
Woodie | 0.7531 | 0.7614 | 0.7653 | 0.7736 | 0.7775 | 0.7858 | 0.7897 |
Fibonacci | 0.7621 | 0.7667 | 0.7696 | 0.7743 | 0.7789 | 0.7818 | 0.7865 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.7272 | 0.7402 | 0.7558 | 0.7688 | 0.7844 | 0.7974 | 0.8130 |
Camarilla | 0.7635 | 0.7662 | 0.7688 | 0.7714 | 0.7740 | 0.7766 | 0.7793 |
Woodie | 0.7285 | 0.7409 | 0.7571 | 0.7695 | 0.7857 | 0.7981 | 0.8143 |
Fibonacci | 0.7402 | 0.7511 | 0.7579 | 0.7688 | 0.7797 | 0.7865 | 0.7974 |
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): | 52.14 | |
MACD (12,26,9): | 0.0020 | |
Directional Movement: | 1.5964 | |
AROON (14): | 78.5714 | |
DEMA (21): | 0.7754 | |
Parabolic SAR (0,02-0,02-0,2): | 0.7696 | |
Elder Ray (13): | 0.0009 | |
Super Trend (3,10): | 0.7576 | |
Zig ZAG (10): | 0.7743 | |
VORTEX (21): | 1.1011 | |
Stochastique (14,3,5): | 54.92 | |
TEMA (21): | 0.7773 | |
Williams %R (14): | -58.59 | |
Chande Momentum Oscillator (20): | 0.0010 | |
Repulse (5,40,3): | -0.1227 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0327 | |
Courbe Coppock: | 2.07 |
MA7: | 0.7765 | |
MA20: | 0.7721 | |
MA50: | 0.7714 | |
MA100: | 0.7706 | |
MAexp7: | 0.7751 | |
MAexp20: | 0.7731 | |
MAexp50: | 0.7709 | |
MAexp100: | 0.7643 | |
Price / MA7: | -0.32% | |
Price / MA20: | +0.25% | |
Price / MA50: | +0.34% | |
Price / MA100: | +0.44% | |
Price / MAexp7: | -0.14% | |
Price / MAexp20: | +0.12% | |
Price / MAexp50: | +0.40% | |
Price / MAexp100: | +1.27% |
Quotes :
-
Real time data
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Forex
News
Don"t forget to follow the news on AUD/USD. At the time of publication of this analysis, the latest news was as follows:
- AUD/USD Technical Analysis for May 4, 2021 by FXEmpire
- AUD/USD Daily Forecast - Australian Dollar Tries To Rebound At The Start Of The Week
- AUD/USD Technical Analysis for the Week of May 3, 2021 by FXEmpire
- AUD/USD Technical Analysis for May 3, 2021 by FXEmpire
- AUD/USD Daily Forecast - Support At 0.7750 In Sight
This member declared not having a position on this financial instrument or a related financial instrument.
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