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 11/03/2022 (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
28%
33%
39%
My opinion
Bearish under 0.6496 USD
My targets
0.6199 USD (-0.0116)
0.6053 USD (-0.0262)
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 0.6496 USD. The next support located at 0.6199 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3

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

Additional analysis

Quotes

AUD/USD rating 0.6315 USD. On the day, this instrument lost -0.36% and was traded between 0.6309 USD and 0.6372 USD over the period. The price is currently at +0.10% from its lowest and -0.89% from its highest.

0.6309
0.6372
0.6315

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


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 market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 7 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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 0.6199 0.6315 0.6496 0.6870 0.7263
Change (%) -9.04% -4.15% -1.84% - +2.87% +8.79% +15.01%
Change -0.0571 -0.0262 -0.0116 - +0.0181 +0.0555 +0.0948
Level Intermediate Intermediate Intermediate - Minor Major Intermediate



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
Standard0.61200.62250.62820.63870.64440.65490.6606
Camarilla0.62940.63080.63230.63380.63530.63680.6383
Woodie0.60950.62130.62570.63750.64190.65370.6581
Fibonacci0.62250.62870.63250.63870.64490.64870.6549


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.60310.61520.62810.64020.65310.66520.6781
Camarilla0.63420.63650.63880.64110.64340.64570.6480
Woodie0.60360.61540.62860.64040.65360.66540.6786
Fibonacci0.61520.62470.63060.64020.64970.65560.6652


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.58260.59980.62040.63760.65820.67540.6960
Camarilla0.63060.63410.63750.64100.64450.64790.6514
Woodie0.58430.60070.62210.63850.65990.67630.6977
Fibonacci0.59980.61420.62320.63760.65200.66100.6754

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): 41.72
MACD (12,26,9): -0.0041
Directional Movement: -4.5688
AROON (14): 64.2857
DEMA (21): 0.6320
Parabolic SAR (0,02-0,02-0,2): 0.6522
Elder Ray (13): -0.0031
Super Trend (3,10): 0.6560
Zig ZAG (10): 0.6312
VORTEX (21): 0.9521
Stochastique (14,3,5): 47.53
TEMA (21): 0.6360
Williams %R (14): -65.52
Chande Momentum Oscillator (20): -0.0002
Repulse (5,40,3): -2.5460
ROCnROLL: 2
TRIX (15,9): -0.1321
Courbe Coppock: 2.81
MA7: 0.6402
MA20: 0.6338
MA50: 0.6540
MA100: 0.6727
MAexp7: 0.6367
MAexp20: 0.6388
MAexp50: 0.6517
MAexp100: 0.6683
Price / MA7: -1.36%
Price / MA20: -0.36%
Price / MA50: -3.44%
Price / MA100: -6.12%
Price / MAexp7: -0.82%
Price / MAexp20: -1.14%
Price / MAexp50: -3.10%
Price / MAexp100: -5.51%

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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