AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - Weekly - Technical analysis published on 04/17/2023 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 0.6870 USD

My targets

0.6351 USD (-0.0345)

0.6053 USD (-0.0643)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/USD as long as the price remains well below 0.6870 USD. The sellers' bearish objective is set at 0.6351 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6053 USD. In case of crossing, the next objective would be the support located at 0.5744 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

6.8

Comment on the analysis

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 Muhahaha. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AUD/USD rating 0.6696 USD. The price registered an increase of +0.72% over 5 days with the lowest point at 0.6685 USD and the highest point at 0.6806 USD. The deviation from the price is +0.16% for the low point and -1.62% for the high point.

0.6685

0.6806

0.6696

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:

The Central Records scanner for higher/lower results shows the following items:

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 Weekly shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a slightly bearish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of triangle

Type : Bearish

Timeframe : Weekly

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : Weekly

Bearish harami cross

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.5744	0.6053	0.6696	0.6870	0.7589	0.8110
Change (%)	-14.22%	-9.60%	-	+2.60%	+13.34%	+21.12%
Change	-0.0952	-0.0643	-	+0.0174	+0.0893	+0.1414
Level	Minor	Major	-	Major	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	46.76
MACD (12,26,9):	-0.0031
Directional Movement:	-1.1823
AROON (14):	-35.7143
DEMA (21):	0.6705
Parabolic SAR (0,02-0,02-0,2):	0.6894
Elder Ray (13):	-0.0024
Super Trend (3,10):	0.6486
Zig ZAG (10):	0.6697
VORTEX (21):	1.0266
Stochastique (14,3,5):	21.55
TEMA (21):	0.6717
Williams %R (14):	-77.44
Chande Momentum Oscillator (20):	-0.0404
Repulse (5,40,3):	-0.9120
ROCnROLL:	2
TRIX (15,9):	-0.0242
Courbe Coppock:	5.06

MA7:	0.6694
MA20:	0.6697
MA50:	0.6745
MA100:	0.6801
MAexp7:	0.6702
MAexp20:	0.6743
MAexp50:	0.6831
MAexp100:	0.6962
Price / MA7:	+0.03%
Price / MA20:	-0.01%
Price / MA50:	-0.73%
Price / MA100:	-1.54%
Price / MAexp7:	-0.09%
Price / MAexp20:	-0.70%
Price / MAexp50:	-1.98%
Price / MAexp100:	-3.82%

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:

This member declared not having a position on this financial instrument or a related financial instrument.

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