AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
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High / Low range: -
Type: Forex
Ticker: AUDUSD
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AUD/USD - Weekly - Technical analysis published on 05/04/2021 (GMT)

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  • Timeframe : Weekly
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 0.7558 USD
My targets
0.7974 USD (+0.0234)
0.8110 USD (+0.0370)
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 0.7558 USD. The next resistance located at 0.7974 USD is the next bullish objective 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 0.8110 USD. After this resistance, buyers could then target 0.8683 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.4

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 aba0550. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The AUD/USD price is 0.7740 USD. Over 5 days, this instrument lost -0.35% and was traded between 0.7696 USD and 0.7784 USD over the period. The price is currently at +0.57% from its lowest point and -0.57% from its highest point.

0.7696
0.7784
0.7740

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AUD/USD in Weekly shows a strongly overall bullish trend. 92.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6053 0.6874 0.7364 0.7740 0.8110 0.8683 0.9806
Change (%) -21.80% -11.19% -4.86% - +4.78% +12.18% +26.69%
Change -0.1687 -0.0866 -0.0376 - +0.0370 +0.0943 +0.2066
Level Minor Major Major - Major Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.76590.76830.77200.77440.77810.78050.7842
Camarilla0.77410.77470.77520.77580.77640.77690.7775
Woodie0.76670.76860.77280.77470.77890.78080.7850
Fibonacci0.76830.77060.77200.77440.77670.77810.7805


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.75450.76210.76670.77430.77890.78650.7911
Camarilla0.76810.76920.77030.77140.77250.77360.7748
Woodie0.75310.76140.76530.77360.77750.78580.7897
Fibonacci0.76210.76670.76960.77430.77890.78180.7865


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.72720.74020.75580.76880.78440.79740.8130
Camarilla0.76350.76620.76880.77140.77400.77660.7793
Woodie0.72850.74090.75710.76950.78570.79810.8143
Fibonacci0.74020.75110.75790.76880.77970.78650.7974

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 59.65
MACD (12,26,9): 0.0101
Directional Movement: 12.1210
AROON (14): -35.7143
DEMA (21): 0.7798
Parabolic SAR (0,02-0,02-0,2): 0.7818
Elder Ray (13): 0.0046
Super Trend (3,10): 0.7344
Zig ZAG (10): 0.7743
VORTEX (21): 1.0976
Stochastique (14,3,5): 42.67
TEMA (21): 0.7758
Williams %R (14): -55.58
Chande Momentum Oscillator (20): -0.0018
Repulse (5,40,3): 0.0693
ROCnROLL: 1
TRIX (15,9): 0.2506
Courbe Coppock: 0.25
MA7: 0.7765
MA20: 0.7721
MA50: 0.7714
MA100: 0.7706
MAexp7: 0.7712
MAexp20: 0.7645
MAexp50: 0.7411
MAexp100: 0.7251
Price / MA7: -0.32%
Price / MA20: +0.25%
Price / MA50: +0.34%
Price / MA100: +0.44%
Price / MAexp7: +0.36%
Price / MAexp20: +1.24%
Price / MAexp50: +4.44%
Price / MAexp100: +6.74%

Quotes : - Real time data - Forex

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

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