AUD/USD - 1H - Technical analysis published on 10/10/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.6304 USD
My targets
0.6232 USD (-0.0063)
0.6110 USD (-0.0185)
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 0.6304 USD. The next support located at 0.6232 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 0.6110 USD. Below this support, sellers could then target 0.6053 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/USD rating is 0.6295 USD. The price registered a decrease of -1.27% on the session with the lowest point at 0.6275 USD and the highest point at 0.6380 USD. The deviation from the price is +0.32% for the low point and -1.33% for the high point.0.6275
0.6380
0.6295
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
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 this 1H 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.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
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
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.5744 | 0.6053 | 0.6295 | 0.6363 | 0.6402 | 0.6416 |
| Change (%) | -8.75% | -3.84% | - | +1.08% | +1.70% | +1.92% |
| Change | -0.0551 | -0.0242 | - | +0.0068 | +0.0107 | +0.0121 |
| Level | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
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 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): | 38.79 | |
| MACD (12,26,9): | -0.0021 | |
| Directional Movement: | -11.2405 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 0.6287 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6319 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 0.6354 | |
| Zig ZAG (10): | 0.6295 | |
| VORTEX (21): | 0.8881 | |
| Stochastique (14,3,5): | 36.12 | |
| TEMA (21): | 0.6286 | |
| Williams %R (14): | -60.71 | |
| Chande Momentum Oscillator (20): | -0.0006 | |
| Repulse (5,40,3): | -0.1550 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0523 | |
| Courbe Coppock: | 1.15 |
| MA7: | 0.6431 | |
| MA20: | 0.6552 | |
| MA50: | 0.6766 | |
| MA100: | 0.6867 | |
| MAexp7: | 0.6298 | |
| MAexp20: | 0.6316 | |
| MAexp50: | 0.6357 | |
| MAexp100: | 0.6396 | |
| Price / MA7: | -2.11% | |
| Price / MA20: | -3.92% | |
| Price / MA50: | -6.96% | |
| Price / MA100: | -8.33% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.33% | |
| Price / MAexp50: | -0.98% | |
| Price / MAexp100: | -1.58% |
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:
-
AUD/USD Price Forecast for October 11, 2022 by FXEmpire
-
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
This member declared not having a position on this financial instrument or a related financial instrument.
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