AUD/USD - Daily - Technical analysis published on 10/09/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.6402 USD
My targets
0.6205 USD (-0.0159)
0.6053 USD (-0.0311)
My analysis
AUD/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.6402 USD. The next support located at 0.6205 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.6053 USD. Below this support, sellers could then target 0.5744 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
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This analysis was given by Octaviobar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/USD rating 0.6364 USD. The price is lower by -0.19% since the last closing with the lowest point at 0.6364 USD and the highest point at 0.6372 USD. The deviation from the price is 0% for the low point and -0.13% for the high point.0.6364
0.6372
0.6364
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/USD in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are bearish. There is still some doubt about the decline in the price.
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
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.5744 | 0.6053 | 0.6364 | 0.6402 | 0.6732 | 0.6870 |
Change (%) | -9.74% | -4.89% | - | +0.60% | +5.78% | +7.95% |
Change | -0.0620 | -0.0311 | - | +0.0038 | +0.0368 | +0.0506 |
Level | Intermediate | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6263 | 0.6309 | 0.6342 | 0.6388 | 0.6421 | 0.6467 | 0.6500 |
Camarilla | 0.6354 | 0.6362 | 0.6369 | 0.6376 | 0.6383 | 0.6391 | 0.6398 |
Woodie | 0.6258 | 0.6306 | 0.6337 | 0.6385 | 0.6416 | 0.6464 | 0.6495 |
Fibonacci | 0.6309 | 0.6339 | 0.6358 | 0.6388 | 0.6418 | 0.6437 | 0.6467 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6110 | 0.6232 | 0.6304 | 0.6426 | 0.6498 | 0.6620 | 0.6692 |
Camarilla | 0.6323 | 0.6340 | 0.6358 | 0.6376 | 0.6394 | 0.6412 | 0.6429 |
Woodie | 0.6085 | 0.6220 | 0.6279 | 0.6414 | 0.6473 | 0.6608 | 0.6667 |
Fibonacci | 0.6232 | 0.6306 | 0.6352 | 0.6426 | 0.6500 | 0.6546 | 0.6620 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.5652 | 0.6007 | 0.6205 | 0.6560 | 0.6758 | 0.7113 | 0.7311 |
Camarilla | 0.6250 | 0.6301 | 0.6351 | 0.6402 | 0.6453 | 0.6503 | 0.6554 |
Woodie | 0.5573 | 0.5968 | 0.6126 | 0.6521 | 0.6679 | 0.7074 | 0.7232 |
Fibonacci | 0.6007 | 0.6219 | 0.6349 | 0.6560 | 0.6772 | 0.6902 | 0.7113 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 32.48 | |
MACD (12,26,9): | -0.0104 | |
Directional Movement: | -19.2233 | |
AROON (14): | -92.8571 | |
DEMA (21): | 0.6429 | |
Parabolic SAR (0,02-0,02-0,2): | 0.6548 | |
Elder Ray (13): | -0.0115 | |
Super Trend (3,10): | 0.6712 | |
Zig ZAG (10): | 0.6376 | |
VORTEX (21): | 0.8380 | |
Stochastique (14,3,5): | 19.18 | |
TEMA (21): | 0.6390 | |
Williams %R (14): | -94.42 | |
Chande Momentum Oscillator (20): | -0.0236 | |
Repulse (5,40,3): | -1.5432 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.2111 | |
Courbe Coppock: | 7.93 |
MA7: | 0.6461 | |
MA20: | 0.6582 | |
MA50: | 0.6780 | |
MA100: | 0.6875 | |
MAexp7: | 0.6457 | |
MAexp20: | 0.6563 | |
MAexp50: | 0.6713 | |
MAexp100: | 0.6845 | |
Price / MA7: | -1.50% | |
Price / MA20: | -3.31% | |
Price / MA50: | -6.14% | |
Price / MA100: | -7.43% | |
Price / MAexp7: | -1.44% | |
Price / MAexp20: | -3.03% | |
Price / MAexp50: | -5.20% | |
Price / MAexp100: | -7.03% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on AUD/USD. At the time of publication of this analysis, the latest news was as follows:
- AUD/USD Technical Analysis for the Week of October 10, 2022 by FXEmpire
- AUD/USD Price Forecast for October 10, 2022 by FXEmpire
- AUD/USD Price Forecast for October 07, 2022 by FXEmpire
- Technical Analysis: 06/10/2022 - AUDUSD consolidates in short-term; broader outlook is bearish
- AUD/USD Forecast October 6, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
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