AUD/USD

- USD (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 04/24/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

22%

28%

My opinion

Bullish above 0.6490 USD

My targets

0.6544 USD (+0.0039)

0.6617 USD (+0.0112)

My analysis

AUD/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.6490 USD. The next resistance located at 0.6544 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.6617 USD. After this resistance, buyers could then target 0.6632 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

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 rating is 0.6505 USD. On the day, this instrument gained +0.26% and was traded between 0.6486 USD and 0.6530 USD over the period. The price is currently at +0.29% from its lowest and -0.38% from its highest.

0.6486

0.6530

0.6505

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

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AUD/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6456	0.6476	0.6490	0.6505	0.6544	0.6632	0.6787
Change (%)	-0.75%	-0.45%	-0.23%	-	+0.60%	+1.95%	+4.34%
Change	-0.0049	-0.0029	-0.0015	-	+0.0039	+0.0127	+0.0282
Level	Major	Minor	Major	-	Minor	Major	Minor

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	0.6406	0.6423	0.6456	0.6473	0.6506	0.6523	0.6556
Camarilla	0.6474	0.6479	0.6483	0.6488	0.6493	0.6497	0.6502
Woodie	0.6413	0.6427	0.6463	0.6477	0.6513	0.6527	0.6563
Fibonacci	0.6423	0.6442	0.6454	0.6473	0.6492	0.6504	0.6523

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):	63.00
MACD (12,26,9):	0.0014
Directional Movement:	13.9247
AROON (14):	35.7143
DEMA (21):	0.6515
Parabolic SAR (0,02-0,02-0,2):	0.6501
Elder Ray (13):	0.0003
Super Trend (3,10):	0.6493
Zig ZAG (10):	0.6505
VORTEX (21):	1.2594
Stochastique (14,3,5):	50.69
TEMA (21):	0.6518
Williams %R (14):	-50.00
Chande Momentum Oscillator (20):	0.0019
Repulse (5,40,3):	-0.0619
ROCnROLL:	1
TRIX (15,9):	0.0327
Courbe Coppock:	0.91

MA7:	0.6448
MA20:	0.6504
MA50:	0.6534
MA100:	0.6584
MAexp7:	0.6508
MAexp20:	0.6496
MAexp50:	0.6474
MAexp100:	0.6460
Price / MA7:	+0.88%
Price / MA20:	+0.02%
Price / MA50:	-0.44%
Price / MA100:	-1.20%
Price / MAexp7:	-0.05%
Price / MAexp20:	+0.14%
Price / MAexp50:	+0.48%
Price / MAexp100:	+0.70%

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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