AUD/USD - 1H - Technical analysis published on 04/26/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 0.6665 USD
My targets
0.6619 USD (-0.0018)
0.6577 USD (-0.0060)
My analysis
The bearish trend is currently very strong for AUD/USD. As long as the price remains below the resistance at 0.6665 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.6619 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.6577 USD as an objective. Crossing it would then enable sellers to target 0.6431 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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This analysis was given by Hugo77. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/USD rating 0.6637 USD. The price has increased by +0.02% since the last closing and was traded between 0.6633 USD and 0.6639 USD over the period. The price is currently at +0.06% from its lowest and -0.03% from its highest.0.6633
0.6639
0.6637
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
A technical analysis in 1H of this AUD/USD chart shows a sharp bearish trend. 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, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 5 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6288 | 0.6431 | 0.6577 | 0.6637 | 0.6665 | 0.6690 | 0.6701 |
| Change (%) | -5.26% | -3.10% | -0.90% | - | +0.42% | +0.80% | +0.96% |
| Change | -0.0349 | -0.0206 | -0.0060 | - | +0.0028 | +0.0053 | +0.0064 |
| Level | Minor | Minor | Major | - | Minor | Major | Minor |
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 | 0.6506 | 0.6560 | 0.6598 | 0.6652 | 0.6690 | 0.6744 | 0.6782 |
| Camarilla | 0.6611 | 0.6619 | 0.6628 | 0.6636 | 0.6644 | 0.6653 | 0.6661 |
| Woodie | 0.6498 | 0.6556 | 0.6590 | 0.6648 | 0.6682 | 0.6740 | 0.6774 |
| Fibonacci | 0.6560 | 0.6595 | 0.6617 | 0.6652 | 0.6687 | 0.6709 | 0.6744 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6560 | 0.6619 | 0.6654 | 0.6713 | 0.6748 | 0.6807 | 0.6842 |
| Camarilla | 0.6663 | 0.6672 | 0.6680 | 0.6689 | 0.6698 | 0.6706 | 0.6715 |
| Woodie | 0.6548 | 0.6613 | 0.6642 | 0.6707 | 0.6736 | 0.6801 | 0.6830 |
| Fibonacci | 0.6619 | 0.6655 | 0.6677 | 0.6713 | 0.6749 | 0.6771 | 0.6807 |
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): | 37.74 | |
| MACD (12,26,9): | -0.0013 | |
| Directional Movement: | -10.0172 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 0.6624 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6616 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 0.6652 | |
| Zig ZAG (10): | 0.6634 | |
| VORTEX (21): | 0.8095 | |
| Stochastique (14,3,5): | 39.16 | |
| TEMA (21): | 0.6621 | |
| Williams %R (14): | -58.33 | |
| Chande Momentum Oscillator (20): | -0.0020 | |
| Repulse (5,40,3): | 0.0353 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0323 | |
| Courbe Coppock: | 1.01 |
| MA7: | 0.6692 | |
| MA20: | 0.6702 | |
| MA50: | 0.6710 | |
| MA100: | 0.6798 | |
| MAexp7: | 0.6632 | |
| MAexp20: | 0.6642 | |
| MAexp50: | 0.6663 | |
| MAexp100: | 0.6681 | |
| Price / MA7: | -0.82% | |
| Price / MA20: | -0.97% | |
| Price / MA50: | -1.09% | |
| Price / MA100: | -2.37% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.41% | |
| Price / MAexp100: | -0.67% |
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 Forecast April 26, 2023
-
AUDUSD Forecast for April 26, 2023 by FXEmpire
-
AUD/USD Forecast April 25, 2023
-
AUDUSD Forecast for April 25, 2023 by FXEmpire
-
AUD/USD Forecast April 24, 2023
This member declared not having a position on this financial instrument or a related financial instrument.
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