AUD/USD - Daily - Technical analysis published on 08/18/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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
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This analysis was given by sebanja. Take part yourself by sharing additional analysis on another time unit:
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.
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 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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 0.7122 | 0.7182 | 0.7219 | 0.7279 | 0.7316 | 0.7376 | 0.7413 |
Camarilla | 0.7229 | 0.7238 | 0.7247 | 0.7256 | 0.7265 | 0.7274 | 0.7283 |
Woodie | 0.7111 | 0.7176 | 0.7208 | 0.7273 | 0.7305 | 0.7370 | 0.7402 |
Fibonacci | 0.7182 | 0.7219 | 0.7242 | 0.7279 | 0.7316 | 0.7339 | 0.7376 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.7256 | 0.7286 | 0.7329 | 0.7359 | 0.7402 | 0.7432 | 0.7475 |
Camarilla | 0.7352 | 0.7359 | 0.7365 | 0.7372 | 0.7379 | 0.7385 | 0.7392 |
Woodie | 0.7263 | 0.7289 | 0.7336 | 0.7362 | 0.7409 | 0.7435 | 0.7482 |
Fibonacci | 0.7286 | 0.7314 | 0.7331 | 0.7359 | 0.7387 | 0.7404 | 0.7432 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6913 | 0.7101 | 0.7223 | 0.7411 | 0.7533 | 0.7721 | 0.7843 |
Camarilla | 0.7260 | 0.7288 | 0.7317 | 0.7345 | 0.7373 | 0.7402 | 0.7430 |
Woodie | 0.6880 | 0.7085 | 0.7190 | 0.7395 | 0.7500 | 0.7705 | 0.7810 |
Fibonacci | 0.7101 | 0.7219 | 0.7293 | 0.7411 | 0.7529 | 0.7603 | 0.7721 |
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
News
The latest news and videos published on AUD/USD at the time of the analysis were as follows:
- AUD/USD Technical Analysis for August 18, 2021 by FXEmpire
- AUD/USD Technical Analysis for August 17, 2021 by FXEmpire
- AUD/USD Technical Analysis for the Week of August 16, 2021 by FXEmpire
- AUD/USD Technical Analysis for August 16, 2021 by FXEmpire
- AUD/USD Technical Analysis for August 12, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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