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 04/22/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.6408 USD
My targets
0.6453 USD (+0.0017)
0.6498 USD (+0.0062)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on AUD/USD. This is a positive signal for buyers. As long as the price remains above 0.6408 USD, a purchase could be considered. The first bullish objective is located at 0.6453 USD. The bullish momentum would be boosted by a break in this resistance. 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. In the event of a return below 0.6408 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3

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 0.6436 USD. On the day, this instrument gained +0.30% and was between 0.6407 USD and 0.6455 USD. This implies that the price is at +0.45% from its lowest and at -0.29% from its highest.

0.6407
0.6455
0.6436

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/USD:
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 this 1H chart of AUD/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. 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, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

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

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6294 0.6374 0.6408 0.6436 0.6453 0.6498 0.6552
Change (%) -2.21% -0.96% -0.44% - +0.26% +0.96% +1.80%
Change -0.0142 -0.0062 -0.0028 - +0.0017 +0.0062 +0.0116
Level Intermediate Intermediate 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
Standard0.63040.63330.63750.64040.64460.64750.6517
Camarilla0.63980.64040.64110.64170.64240.64300.6437
Woodie0.63110.63360.63820.64070.64530.64780.6524
Fibonacci0.63330.63600.63770.64040.64310.64480.6475


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62240.62930.63550.64240.64860.65550.6617
Camarilla0.63810.63930.64050.64170.64290.64410.6453
Woodie0.62210.62910.63520.64220.64830.65530.6614
Fibonacci0.62930.63430.63740.64240.64740.65050.6555


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 61.38
MACD (12,26,9): 0.0005
Directional Movement: 8.9748
AROON (14): 28.5714
DEMA (21): 0.6438
Parabolic SAR (0,02-0,02-0,2): 0.6430
Elder Ray (13): 0.0006
Super Trend (3,10): 0.6412
Zig ZAG (10): 0.6441
VORTEX (21): 1.1472
Stochastique (14,3,5): 59.86
TEMA (21): 0.6441
Williams %R (14): -44.12
Chande Momentum Oscillator (20): 0.0007
Repulse (5,40,3): 0.0527
ROCnROLL: 1
TRIX (15,9): 0.0104
Courbe Coppock: 0.40
MA7: 0.6434
MA20: 0.6507
MA50: 0.6532
MA100: 0.6587
MAexp7: 0.6437
MAexp20: 0.6432
MAexp50: 0.6427
MAexp100: 0.6435
Price / MA7: +0.03%
Price / MA20: -1.09%
Price / MA50: -1.47%
Price / MA100: -2.29%
Price / MAexp7: -0.02%
Price / MAexp20: +0.06%
Price / MAexp50: +0.14%
Price / MAexp100: +0.02%

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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