AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDUSD
ISIN:

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

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 0.6453 USD
My targets
0.6408 USD (-0.0021)
0.6374 USD (-0.0055)
My analysis
The basic trend is bearish on AUD/USD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 0.6453 USD. Buyers would then use the next resistance located at 0.6498 USD as an objective. Crossing it would then enable buyers to target 0.6552 USD. If there is a return to below the support located at 0.6408 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 0.6374 USD and 0.6294 USD by extension.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.2

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:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/USD rating 0.6429 USD. The price registered an increase of +0.27% on the session with the lowest point at 0.6403 USD and the highest point at 0.6438 USD. The deviation from the price is +0.41% for the low point and -0.14% for the high point.

0.6403
0.6438
0.6429

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6294 0.6374 0.6408 0.6429 0.6453 0.6498 0.6552
Change (%) -2.10% -0.86% -0.33% - +0.37% +1.07% +1.91%
Change -0.0135 -0.0055 -0.0021 - +0.0024 +0.0069 +0.0123
Level Major Minor Intermediate - Major Intermediate Intermediate



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
Standard0.63310.63600.63860.64150.64410.64700.6496
Camarilla0.63970.64020.64070.64120.64170.64220.6427
Woodie0.63300.63590.63850.64140.64400.64690.6495
Fibonacci0.63600.63810.63940.64150.64360.64490.6470


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62090.63320.63980.65210.65870.67100.6776
Camarilla0.64110.64280.64460.64630.64800.64980.6515
Woodie0.61800.63180.63690.65070.65580.66960.6747
Fibonacci0.63320.64050.64490.65210.65940.66380.6710


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62490.63630.64390.65530.66290.67430.6819
Camarilla0.64620.64790.64970.65140.65310.65490.6566
Woodie0.62290.63540.64190.65440.66090.67340.6799
Fibonacci0.63630.64360.64810.65530.66260.66710.6743

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): 54.38
MACD (12,26,9): 0.0002
Directional Movement: 7.9944
AROON (14): 57.1428
DEMA (21): 0.6422
Parabolic SAR (0,02-0,02-0,2): 0.6418
Elder Ray (13): 0.0007
Super Trend (3,10): 0.6438
Zig ZAG (10): 0.6427
VORTEX (21): 1.1631
Stochastique (14,3,5): 73.66
TEMA (21): 0.6429
Williams %R (14): -40.00
Chande Momentum Oscillator (20): 0.0004
Repulse (5,40,3): -0.0606
ROCnROLL: -1
TRIX (15,9): -0.0014
Courbe Coppock: 0.46
MA7: 0.6488
MA20: 0.6524
MA50: 0.6538
MA100: 0.6593
MAexp7: 0.6425
MAexp20: 0.6421
MAexp50: 0.6431
MAexp100: 0.6458
Price / MA7: -0.91%
Price / MA20: -1.46%
Price / MA50: -1.67%
Price / MA100: -2.49%
Price / MAexp7: +0.05%
Price / MAexp20: +0.11%
Price / MAexp50: -0.05%
Price / MAexp100: -0.46%

Quotes : - Real time data - Forex

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

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