AUD/USD - 1H - Technical analysis published on 07/02/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.7478 USD
My targets
0.7425 USD (-0.0029)
0.7364 USD (-0.0090)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/USD as long as the price remains well below 0.7478 USD. The sellers' bearish objective is set at 0.7425 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.7364 USD. In case of crossing, the next objective would be the support located at 0.7241 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/USD rating is 0.7454 USD. On the day, this instrument lost -0.16% and was traded between 0.7453 USD and 0.7471 USD over the period. The price is currently at +0.01% from its lowest and -0.23% from its highest.0.7453
0.7471
0.7454
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.7137 | 0.7241 | 0.7364 | 0.7454 | 0.7460 | 0.7478 | 0.7508 |
| Change (%) | -4.25% | -2.86% | -1.21% | - | +0.08% | +0.32% | +0.72% |
| Change | -0.0317 | -0.0213 | -0.0090 | - | +0.0006 | +0.0024 | +0.0054 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7400 | 0.7430 | 0.7448 | 0.7478 | 0.7496 | 0.7526 | 0.7544 |
| Camarilla | 0.7453 | 0.7457 | 0.7462 | 0.7466 | 0.7470 | 0.7475 | 0.7479 |
| Woodie | 0.7394 | 0.7427 | 0.7442 | 0.7475 | 0.7490 | 0.7523 | 0.7538 |
| Fibonacci | 0.7430 | 0.7448 | 0.7460 | 0.7478 | 0.7496 | 0.7508 | 0.7526 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7372 | 0.7425 | 0.7511 | 0.7564 | 0.7650 | 0.7703 | 0.7789 |
| Camarilla | 0.7559 | 0.7572 | 0.7584 | 0.7597 | 0.7610 | 0.7623 | 0.7635 |
| Woodie | 0.7389 | 0.7433 | 0.7528 | 0.7572 | 0.7667 | 0.7711 | 0.7806 |
| Fibonacci | 0.7425 | 0.7478 | 0.7511 | 0.7564 | 0.7617 | 0.7650 | 0.7703 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7093 | 0.7286 | 0.7391 | 0.7584 | 0.7689 | 0.7882 | 0.7987 |
| Camarilla | 0.7415 | 0.7442 | 0.7470 | 0.7497 | 0.7524 | 0.7552 | 0.7579 |
| Woodie | 0.7050 | 0.7264 | 0.7348 | 0.7562 | 0.7646 | 0.7860 | 0.7944 |
| Fibonacci | 0.7286 | 0.7400 | 0.7470 | 0.7584 | 0.7698 | 0.7768 | 0.7882 |
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): | 31.78 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -13.8321 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 0.7459 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7479 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 0.7483 | |
| Zig ZAG (10): | 0.7453 | |
| VORTEX (21): | 0.8792 | |
| Stochastique (14,3,5): | 30.28 | |
| TEMA (21): | 0.7461 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | 0.0002 | |
| Repulse (5,40,3): | -0.1056 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0156 | |
| Courbe Coppock: | 0.32 |
| MA7: | 0.7526 | |
| MA20: | 0.7603 | |
| MA50: | 0.7696 | |
| MA100: | 0.7709 | |
| MAexp7: | 0.7463 | |
| MAexp20: | 0.7469 | |
| MAexp50: | 0.7486 | |
| MAexp100: | 0.7507 | |
| Price / MA7: | -0.96% | |
| Price / MA20: | -1.96% | |
| Price / MA50: | -3.14% | |
| Price / MA100: | -3.31% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.43% | |
| Price / MAexp100: | -0.71% |
Quotes :
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Real time data
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Forex
News
The latest news and videos published on AUD/USD at the time of the analysis were as follows:
-
AUDUSD and USDJPY Attempt Dollar-Favorable Breakouts Before NFPs
-
AUD/USD Technical Analysis for July 02, 2021 by FXEmpire
-
AUD/USD Technical Analysis for July 01, 2021 by FXEmpire
-
AUD/USD Technical Analysis for June 30, 2021 by FXEmpire
-
AUD/USD Technical Analysis for June 29, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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