AUD/USD - 1H - Technical analysis published on 11/03/2021 (GMT)
- 191
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.7454 USD
My targets
0.7420 USD (-0.0022)
0.7364 USD (-0.0078)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.7454 USD remains possible. It is advisable to trade AUD/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.7454 USD. The next bearish objective for sellers is set at 0.7420 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 0.7179 USD. PS: if there is a bullish break in the resistance located at 0.7454 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.4
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 pyxis2025. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/USD rating is 0.7442 USD. The price registered an increase of +0.08% on the session with the lowest point at 0.7425 USD and the highest point at 0.7452 USD. The deviation from the price is +0.23% for the low point and -0.13% for the high point.0.7425
0.7452
0.7442
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/USD chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
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
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.7179 | 0.7364 | 0.7420 | 0.7442 | 0.7454 | 0.7480 | 0.7506 |
Change (%) | -3.53% | -1.05% | -0.30% | - | +0.16% | +0.51% | +0.86% |
Change | -0.0263 | -0.0078 | -0.0022 | - | +0.0012 | +0.0038 | +0.0064 |
Level | Intermediate | Major | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.7281 | 0.7351 | 0.7393 | 0.7463 | 0.7505 | 0.7575 | 0.7617 |
Camarilla | 0.7405 | 0.7416 | 0.7426 | 0.7436 | 0.7446 | 0.7457 | 0.7467 |
Woodie | 0.7268 | 0.7344 | 0.7380 | 0.7456 | 0.7492 | 0.7568 | 0.7604 |
Fibonacci | 0.7351 | 0.7394 | 0.7420 | 0.7463 | 0.7506 | 0.7532 | 0.7575 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.7376 | 0.7418 | 0.7471 | 0.7513 | 0.7566 | 0.7608 | 0.7661 |
Camarilla | 0.7497 | 0.7506 | 0.7514 | 0.7523 | 0.7532 | 0.7540 | 0.7549 |
Woodie | 0.7381 | 0.7421 | 0.7476 | 0.7516 | 0.7571 | 0.7611 | 0.7666 |
Fibonacci | 0.7418 | 0.7455 | 0.7477 | 0.7513 | 0.7550 | 0.7572 | 0.7608 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6927 | 0.7060 | 0.7291 | 0.7424 | 0.7655 | 0.7788 | 0.8019 |
Camarilla | 0.7423 | 0.7456 | 0.7490 | 0.7523 | 0.7556 | 0.7590 | 0.7623 |
Woodie | 0.6977 | 0.7085 | 0.7341 | 0.7449 | 0.7705 | 0.7813 | 0.8069 |
Fibonacci | 0.7060 | 0.7199 | 0.7285 | 0.7424 | 0.7563 | 0.7649 | 0.7788 |
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): | 46.62 | |
MACD (12,26,9): | -0.0007 | |
Directional Movement: | -4.3999 | |
AROON (14): | 78.5714 | |
DEMA (21): | 0.7433 | |
Parabolic SAR (0,02-0,02-0,2): | 0.7437 | |
Elder Ray (13): | 0.0004 | |
Super Trend (3,10): | 0.7463 | |
Zig ZAG (10): | 0.7445 | |
VORTEX (21): | 1.0051 | |
Stochastique (14,3,5): | 70.58 | |
TEMA (21): | 0.7439 | |
Williams %R (14): | -29.63 | |
Chande Momentum Oscillator (20): | 0.0008 | |
Repulse (5,40,3): | 0.0231 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0222 | |
Courbe Coppock: | 0.29 |
MA7: | 0.7495 | |
MA20: | 0.7440 | |
MA50: | 0.7360 | |
MA100: | 0.7382 | |
MAexp7: | 0.7442 | |
MAexp20: | 0.7444 | |
MAexp50: | 0.7464 | |
MAexp100: | 0.7483 | |
Price / MA7: | -0.71% | |
Price / MA20: | +0.03% | |
Price / MA50: | +1.11% | |
Price / MA100: | +0.81% | |
Price / MAexp7: | -0% | |
Price / MAexp20: | -0.03% | |
Price / MAexp50: | -0.29% | |
Price / MAexp100: | -0.55% |
Quotes :
-
Real time data
-
Forex
News
The last news published on AUD/USD at the time of the generation of this analysis was as follows:
- AUD/USD Technical Analysis for November 03, 2021 by FXEmpire
- AUD/USD Technical Analysis for November 02, 2021 by FXEmpire
- AUD/USD Technical Analysis for the Week of November 01, 2021 by FXEmpire
- AUD/USD Technical Analysis for November 01, 2021 by FXEmpire
- AUD/USD Technical Analysis for October 29, 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…
Add a comment
Comments
0 comments on the analysis AUD/USD - 1H