AUD/USD - Daily - Technical analysis published on 04/17/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.6870 USD
My targets
0.6643 USD (-0.0053)
0.6458 USD (-0.0238)
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 0.6870 USD. The next support located at 0.6643 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 0.6458 USD. Below this support, sellers could then target 0.6288 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
5
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This analysis was given by Muhahaha. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/USD rating is 0.6696 USD. On the day, this instrument lost -0.13% and was traded between 0.6690 USD and 0.6719 USD over the period. The price is currently at +0.09% from its lowest and -0.34% from its highest.0.6690
0.6719
0.6696
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
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/USD in Daily shows a overall strongly bearish trend. 82.14% 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. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
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.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish doji star
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.6199 | 0.6288 | 0.6643 | 0.6696 | 0.6722 | 0.6870 | 0.6987 |
Change (%) | -7.42% | -6.09% | -0.79% | - | +0.39% | +2.60% | +4.35% |
Change | -0.0497 | -0.0408 | -0.0053 | - | +0.0026 | +0.0174 | +0.0291 |
Level | Minor | Minor | Major | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6554 | 0.6624 | 0.6665 | 0.6735 | 0.6776 | 0.6846 | 0.6887 |
Camarilla | 0.6675 | 0.6685 | 0.6695 | 0.6705 | 0.6715 | 0.6725 | 0.6736 |
Woodie | 0.6539 | 0.6617 | 0.6650 | 0.6728 | 0.6761 | 0.6839 | 0.6872 |
Fibonacci | 0.6624 | 0.6667 | 0.6693 | 0.6735 | 0.6778 | 0.6804 | 0.6846 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6427 | 0.6523 | 0.6614 | 0.6710 | 0.6801 | 0.6897 | 0.6988 |
Camarilla | 0.6654 | 0.6671 | 0.6688 | 0.6705 | 0.6722 | 0.6739 | 0.6756 |
Woodie | 0.6425 | 0.6522 | 0.6612 | 0.6709 | 0.6799 | 0.6896 | 0.6986 |
Fibonacci | 0.6523 | 0.6594 | 0.6639 | 0.6710 | 0.6781 | 0.6826 | 0.6897 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6351 | 0.6458 | 0.6571 | 0.6678 | 0.6791 | 0.6898 | 0.7011 |
Camarilla | 0.6625 | 0.6645 | 0.6665 | 0.6685 | 0.6705 | 0.6725 | 0.6746 |
Woodie | 0.6355 | 0.6460 | 0.6575 | 0.6680 | 0.6795 | 0.6900 | 0.7015 |
Fibonacci | 0.6458 | 0.6542 | 0.6594 | 0.6678 | 0.6762 | 0.6814 | 0.6898 |
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): | 48.67 | |
MACD (12,26,9): | -0.0006 | |
Directional Movement: | 7.2457 | |
AROON (14): | 28.5714 | |
DEMA (21): | 0.6689 | |
Parabolic SAR (0,02-0,02-0,2): | 0.6630 | |
Elder Ray (13): | 0.0003 | |
Super Trend (3,10): | 0.6835 | |
Zig ZAG (10): | 0.6697 | |
VORTEX (21): | 1.0237 | |
Stochastique (14,3,5): | 60.31 | |
TEMA (21): | 0.6711 | |
Williams %R (14): | -57.75 | |
Chande Momentum Oscillator (20): | -0.0017 | |
Repulse (5,40,3): | -0.4639 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0270 | |
Courbe Coppock: | 0.54 |
MA7: | 0.6694 | |
MA20: | 0.6697 | |
MA50: | 0.6745 | |
MA100: | 0.6801 | |
MAexp7: | 0.6704 | |
MAexp20: | 0.6703 | |
MAexp50: | 0.6736 | |
MAexp100: | 0.6757 | |
Price / MA7: | +0.03% | |
Price / MA20: | -0.01% | |
Price / MA50: | -0.73% | |
Price / MA100: | -1.54% | |
Price / MAexp7: | -0.12% | |
Price / MAexp20: | -0.10% | |
Price / MAexp50: | -0.59% | |
Price / MAexp100: | -0.90% |
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 Forecast April 14, 2023
- AUDUSD Forecast for April 14, 2023 by FXEmpire
- Technical Analysis: 13/04/2023 - AUDUSD recovers somewhat within upward channel
- AUDUSD Forecast for April 13, 2023 by FXEmpire
- AUDUSD Forecast for April 12, 2023 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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