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 04/29/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 0.6552 USD

My targets

0.6589 USD (+0.0021)

0.6631 USD (+0.0063)

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 0.6552 USD. The next resistance located at 0.6589 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 0.6631 USD. After this resistance, buyers could then target 0.6787 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 confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.9

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

AUD/USD rating 0.6568 USD. The price registered an increase of +0.54% on the session and was between 0.6524 USD and 0.6587 USD. This implies that the price is at +0.67% from its lowest and at -0.29% from its highest.

0.6524

0.6587

0.6568

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AUD/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

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	0.6490	0.6530	0.6552	0.6568	0.6631	0.6787	0.6878
Change (%)	-1.19%	-0.58%	-0.24%	-	+0.96%	+3.33%	+4.72%
Change	-0.0078	-0.0038	-0.0016	-	+0.0063	+0.0219	+0.0310
Level	Major	Minor	Intermediate	-	Major	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6478	0.6498	0.6515	0.6535	0.6552	0.6572	0.6589
Camarilla	0.6523	0.6526	0.6530	0.6533	0.6536	0.6540	0.6543
Woodie	0.6478	0.6497	0.6515	0.6534	0.6552	0.6571	0.6589
Fibonacci	0.6498	0.6512	0.6521	0.6535	0.6549	0.6558	0.6572

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6295	0.6351	0.6442	0.6498	0.6589	0.6645	0.6736
Camarilla	0.6493	0.6506	0.6520	0.6533	0.6547	0.6560	0.6573
Woodie	0.6313	0.6360	0.6460	0.6507	0.6607	0.6654	0.6754
Fibonacci	0.6351	0.6407	0.6442	0.6498	0.6554	0.6589	0.6645

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	59.90
MACD (12,26,9):	0.0007
Directional Movement:	3.0231
AROON (14):	21.4285
DEMA (21):	0.6569
Parabolic SAR (0,02-0,02-0,2):	0.6573
Elder Ray (13):	0.0006
Super Trend (3,10):	0.6540
Zig ZAG (10):	0.6568
VORTEX (21):	1.1387
Stochastique (14,3,5):	74.93
TEMA (21):	0.6569
Williams %R (14):	-21.43
Chande Momentum Oscillator (20):	0.0012
Repulse (5,40,3):	0.0667
ROCnROLL:	1
TRIX (15,9):	0.0155
Courbe Coppock:	0.14

MA7:	0.6497
MA20:	0.6509
MA50:	0.6534
MA100:	0.6583
MAexp7:	0.6566
MAexp20:	0.6560
MAexp50:	0.6546
MAexp100:	0.6525
Price / MA7:	+1.09%
Price / MA20:	+0.91%
Price / MA50:	+0.52%
Price / MA100:	-0.23%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.12%
Price / MAexp50:	+0.34%
Price / MAexp100:	+0.66%

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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