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

AUD/USD - Daily - Technical analysis published on 08/18/2021 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
72%
6%
My opinion
Bearish under 0.7364 USD
My targets
0.7101 USD (-0.0156)
0.6874 USD (-0.0383)
My analysis
The bearish trend is currently very strong for AUD/USD. As long as the price remains below the resistance at 0.7364 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.7101 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.6874 USD as an objective. Crossing it would then enable sellers to target 0.6053 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.7

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

Additional analysis

Quotes

AUD/USD rating 0.7257 USD. The price has increased by +0.01% since the last closing and was traded between 0.7238 USD and 0.7270 USD over the period. The price is currently at +0.26% from its lowest and -0.18% from its highest.

0.7238
0.7270
0.7257

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



Here is a more detailed summary of the historical variations registered by AUD/USD:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of AUD/USD indicates that the overall trend is strongly bearish. 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 scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 1 are neutral and 13 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.5744 0.6053 0.6874 0.7257 0.7268 0.7364 0.7593
Change (%) -20.85% -16.59% -5.28% - +0.15% +1.47% +4.63%
Change -0.1513 -0.1204 -0.0383 - +0.0011 +0.0107 +0.0336
Level Minor Minor Major - Minor Major Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.71220.71820.72190.72790.73160.73760.7413
Camarilla0.72290.72380.72470.72560.72650.72740.7283
Woodie0.71110.71760.72080.72730.73050.73700.7402
Fibonacci0.71820.72190.72420.72790.73160.73390.7376


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.72560.72860.73290.73590.74020.74320.7475
Camarilla0.73520.73590.73650.73720.73790.73850.7392
Woodie0.72630.72890.73360.73620.74090.74350.7482
Fibonacci0.72860.73140.73310.73590.73870.74040.7432


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.69130.71010.72230.74110.75330.77210.7843
Camarilla0.72600.72880.73170.73450.73730.74020.7430
Woodie0.68800.70850.71900.73950.75000.77050.7810
Fibonacci0.71010.72190.72930.74110.75290.76030.7721

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): 34.35
MACD (12,26,9): -0.0043
Directional Movement: -15.2951
AROON (14): -71.4286
DEMA (21): 0.7298
Parabolic SAR (0,02-0,02-0,2): 0.7409
Elder Ray (13): -0.0082
Super Trend (3,10): 0.7421
Zig ZAG (10): 0.7258
VORTEX (21): 0.9470
Stochastique (14,3,5): 12.78
TEMA (21): 0.7302
Williams %R (14): -89.95
Chande Momentum Oscillator (20): -0.0103
Repulse (5,40,3): -0.9410
ROCnROLL: 2
TRIX (15,9): -0.0765
Courbe Coppock: 1.47
MA7: 0.7326
MA20: 0.7356
MA50: 0.7454
MA100: 0.7593
MAexp7: 0.7313
MAexp20: 0.7357
MAexp50: 0.7445
MAexp100: 0.7523
Price / MA7: -0.94%
Price / MA20: -1.35%
Price / MA50: -2.64%
Price / MA100: -4.43%
Price / MAexp7: -0.75%
Price / MAexp20: -1.35%
Price / MAexp50: -2.51%
Price / MAexp100: -3.52%

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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