AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 04/17/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

67%

28%

My opinion

Bearish under 0.6453 USD

My targets

0.6408 USD (-0.0019)

0.6374 USD (-0.0053)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.6453 USD remains possible. It is advisable to trade AUD/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.6453 USD. The next bearish objective for sellers is set at 0.6408 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6374 USD. In case of crossing, the next objective would be the support located at 0.6294 USD. PS: if there is a bullish break in the resistance located at 0.6453 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

0.2

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

Additional analysis

Quotes

The AUD/USD price is 0.6427 USD. The price has increased by +0.23% since the last closing with the lowest point at 0.6403 USD and the highest point at 0.6432 USD. The deviation from the price is +0.37% for the low point and -0.08% for the high point.

0.6403

0.6432

0.6427

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 for higher/lower results shows the following items:

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 AUD/USD in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6294	0.6374	0.6408	0.6427	0.6453	0.6498	0.6552
Change (%)	-2.07%	-0.82%	-0.30%	-	+0.40%	+1.10%	+1.94%
Change	-0.0133	-0.0053	-0.0019	-	+0.0026	+0.0071	+0.0125
Level	Major	Minor	Intermediate	-	Major	Intermediate	Intermediate

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	0.6331	0.6360	0.6386	0.6415	0.6441	0.6470	0.6496
Camarilla	0.6397	0.6402	0.6407	0.6412	0.6417	0.6422	0.6427
Woodie	0.6330	0.6359	0.6385	0.6414	0.6440	0.6469	0.6495
Fibonacci	0.6360	0.6381	0.6394	0.6415	0.6436	0.6449	0.6470

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6209	0.6332	0.6398	0.6521	0.6587	0.6710	0.6776
Camarilla	0.6411	0.6428	0.6446	0.6463	0.6480	0.6498	0.6515
Woodie	0.6180	0.6318	0.6369	0.6507	0.6558	0.6696	0.6747
Fibonacci	0.6332	0.6405	0.6449	0.6521	0.6594	0.6638	0.6710

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6249	0.6363	0.6439	0.6553	0.6629	0.6743	0.6819
Camarilla	0.6462	0.6479	0.6497	0.6514	0.6531	0.6549	0.6566
Woodie	0.6229	0.6354	0.6419	0.6544	0.6609	0.6734	0.6799
Fibonacci	0.6363	0.6436	0.6481	0.6553	0.6626	0.6671	0.6743

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):	54.68
MACD (12,26,9):	0.0000
Directional Movement:	3.9737
AROON (14):	78.5714
DEMA (21):	0.6417
Parabolic SAR (0,02-0,02-0,2):	0.6411
Elder Ray (13):	0.0007
Super Trend (3,10):	0.6438
Zig ZAG (10):	0.6427
VORTEX (21):	1.0968
Stochastique (14,3,5):	76.61
TEMA (21):	0.6425
Williams %R (14):	-15.63
Chande Momentum Oscillator (20):	0.0015
Repulse (5,40,3):	0.0565
ROCnROLL:	-1
TRIX (15,9):	-0.0060
Courbe Coppock:	0.48

MA7:	0.6488
MA20:	0.6523
MA50:	0.6538
MA100:	0.6593
MAexp7:	0.6422
MAexp20:	0.6419
MAexp50:	0.6431
MAexp100:	0.6460
Price / MA7:	-0.94%
Price / MA20:	-1.47%
Price / MA50:	-1.70%
Price / MA100:	-2.52%
Price / MAexp7:	+0.08%
Price / MAexp20:	+0.12%
Price / MAexp50:	-0.06%
Price / MAexp100:	-0.51%

Quotes : - Real time data - Forex

News

The latest news and videos published on AUD/USD at the time of the analysis were as follows:

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

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