AUD/USD

- USD (-)

- Real time data - Forex

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Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - Daily - Technical analysis published on 03/26/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

11%

56%

33%

My opinion

Bearish under 0.6633 USD

My targets

0.6498 USD (-0.0035)

0.6374 USD (-0.0159)

My analysis

In the short term, we can see an acceleration in the bearish trend on AUD/USD, which is a positive signal for sellers. As long as the price remains above 0.6633 USD, a sale could be considered. The first bearish objective is located at 0.6498 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.6374 USD as an objective. Crossing it would then enable sellers to target 0.6294 USD. If the price were to return above 0.6633 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

6.1

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 trader_57568. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/USD price is 0.6533 USD. The price is lower by -0.08% since the last closing and was traded between 0.6530 USD and 0.6559 USD over the period. The price is currently at +0.05% from its lowest and -0.40% from its highest.

0.6530

0.6559

0.6533

A study of price movements over other periods shows the following variations:

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

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

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 bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 10 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6294	0.6374	0.6498	0.6533	0.6552	0.6633	0.6787
Change (%)	-3.66%	-2.43%	-0.54%	-	+0.29%	+1.53%	+3.89%
Change	-0.0239	-0.0159	-0.0035	-	+0.0019	+0.0100	+0.0254
Level	Intermediate	Minor	Intermediate	-	Major	Major	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	0.6479	0.6495	0.6516	0.6532	0.6553	0.6569	0.6590
Camarilla	0.6528	0.6531	0.6535	0.6538	0.6541	0.6545	0.6548
Woodie	0.6483	0.6496	0.6520	0.6533	0.6557	0.6570	0.6594
Fibonacci	0.6495	0.6509	0.6518	0.6532	0.6546	0.6555	0.6569

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6333	0.6418	0.6465	0.6550	0.6597	0.6682	0.6729
Camarilla	0.6476	0.6488	0.6500	0.6512	0.6524	0.6536	0.6548
Woodie	0.6314	0.6409	0.6446	0.6541	0.6578	0.6673	0.6710
Fibonacci	0.6418	0.6468	0.6500	0.6550	0.6600	0.6632	0.6682

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6257	0.6349	0.6425	0.6517	0.6593	0.6685	0.6761
Camarilla	0.6454	0.6469	0.6485	0.6500	0.6515	0.6531	0.6546
Woodie	0.6248	0.6345	0.6416	0.6513	0.6584	0.6681	0.6752
Fibonacci	0.6349	0.6414	0.6453	0.6517	0.6582	0.6621	0.6685

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	46.41
MACD (12,26,9):	-0.0004
Directional Movement:	-2.4656
AROON (14):	14.2857
DEMA (21):	0.6554
Parabolic SAR (0,02-0,02-0,2):	0.6652
Elder Ray (13):	-0.0011
Super Trend (3,10):	0.6638
Zig ZAG (10):	0.6533
VORTEX (21):	0.9944
Stochastique (14,3,5):	20.74
TEMA (21):	0.6556
Williams %R (14):	-81.21
Chande Momentum Oscillator (20):	-0.0100
Repulse (5,40,3):	-0.5891
ROCnROLL:	2
TRIX (15,9):	0.0071
Courbe Coppock:	0.02

MA7:	0.6548
MA20:	0.6559
MA50:	0.6551
MA100:	0.6588
MAexp7:	0.6548
MAexp20:	0.6557
MAexp50:	0.6564
MAexp100:	0.6565
Price / MA7:	-0.23%
Price / MA20:	-0.40%
Price / MA50:	-0.27%
Price / MA100:	-0.83%
Price / MAexp7:	-0.23%
Price / MAexp20:	-0.37%
Price / MAexp50:	-0.47%
Price / MAexp100:	-0.49%

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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