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 - 1H - Technical analysis published on 04/22/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

33%

22%

44%

My opinion

Bullish above 0.6408 USD

My targets

0.6453 USD (+0.0023)

0.6498 USD (+0.0068)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on AUD/USD as long as the price remains well above 0.6408 USD. The buyers' bullish objective is set at 0.6453 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6498 USD. If there is any crossing, the next objective would be the resistance located at 0.6552 USD.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

3.4

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 0.6430 USD. The price registered an increase of +0.20% on the session and was between 0.6407 USD and 0.6455 USD. This implies that the price is at +0.36% from its lowest and at -0.39% from its highest.

0.6407

0.6455

0.6430

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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, which identifies the highest / lowest, has detected several elements:

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 this 1H chart of AUD/USD indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : 1 hour

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

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 horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6294	0.6374	0.6408	0.6430	0.6453	0.6498	0.6552
Change (%)	-2.12%	-0.87%	-0.34%	-	+0.36%	+1.06%	+1.90%
Change	-0.0136	-0.0056	-0.0022	-	+0.0023	+0.0068	+0.0122
Level	Intermediate	Intermediate	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	0.6304	0.6333	0.6375	0.6404	0.6446	0.6475	0.6517
Camarilla	0.6398	0.6404	0.6411	0.6417	0.6424	0.6430	0.6437
Woodie	0.6311	0.6336	0.6382	0.6407	0.6453	0.6478	0.6524
Fibonacci	0.6333	0.6360	0.6377	0.6404	0.6431	0.6448	0.6475

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6224	0.6293	0.6355	0.6424	0.6486	0.6555	0.6617
Camarilla	0.6381	0.6393	0.6405	0.6417	0.6429	0.6441	0.6453
Woodie	0.6221	0.6291	0.6352	0.6422	0.6483	0.6553	0.6614
Fibonacci	0.6293	0.6343	0.6374	0.6424	0.6474	0.6505	0.6555

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):	52.29
MACD (12,26,9):	0.0004
Directional Movement:	3.6002
AROON (14):	42.8571
DEMA (21):	0.6433
Parabolic SAR (0,02-0,02-0,2):	0.6422
Elder Ray (13):	0.0001
Super Trend (3,10):	0.6412
Zig ZAG (10):	0.6428
VORTEX (21):	1.0948
Stochastique (14,3,5):	48.61
TEMA (21):	0.6437
Williams %R (14):	-54.17
Chande Momentum Oscillator (20):	0.0011
Repulse (5,40,3):	-0.1897
ROCnROLL:	-1
TRIX (15,9):	0.0088
Courbe Coppock:	0.47

MA7:	0.6432
MA20:	0.6506
MA50:	0.6532
MA100:	0.6587
MAexp7:	0.6432
MAexp20:	0.6428
MAexp50:	0.6425
MAexp100:	0.6435
Price / MA7:	-0.03%
Price / MA20:	-1.17%
Price / MA50:	-1.56%
Price / MA100:	-2.38%
Price / MAexp7:	-0.03%
Price / MAexp20:	+0.03%
Price / MAexp50:	+0.08%
Price / MAexp100:	-0.08%

Quotes : - Real time data - 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:

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

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