AUD/USD - 1H - Technical analysis published on 05/10/2024 (GMT)
- 76
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
22%
28%
50%
My opinion
Neutral between 0.6587 USD and 0.6619 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.6619 USD. The first support is located at 0.6587 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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 0.6606 USD. The price is lower by -0.17% since the last closing and was between 0.6596 USD and 0.6623 USD. This implies that the price is at +0.15% from its lowest and at -0.26% from its highest.0.6596
0.6623
0.6606
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/USD indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
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.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.6517 | 0.6552 | 0.6587 | 0.6606 | 0.6619 | 0.6634 | 0.6650 |
Change (%) | -1.35% | -0.82% | -0.29% | - | +0.20% | +0.42% | +0.67% |
Change | -0.0089 | -0.0054 | -0.0019 | - | +0.0013 | +0.0028 | +0.0044 |
Level | Minor | Intermediate | Major | - | Minor | Major | 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 |
---|---|---|---|---|---|---|---|
Standard | 0.6522 | 0.6544 | 0.6580 | 0.6602 | 0.6638 | 0.6660 | 0.6696 |
Camarilla | 0.6601 | 0.6606 | 0.6612 | 0.6617 | 0.6622 | 0.6628 | 0.6633 |
Woodie | 0.6530 | 0.6548 | 0.6588 | 0.6606 | 0.6646 | 0.6664 | 0.6704 |
Fibonacci | 0.6544 | 0.6566 | 0.6580 | 0.6602 | 0.6624 | 0.6638 | 0.6660 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6314 | 0.6390 | 0.6499 | 0.6575 | 0.6684 | 0.6760 | 0.6869 |
Camarilla | 0.6558 | 0.6575 | 0.6592 | 0.6609 | 0.6626 | 0.6643 | 0.6660 |
Woodie | 0.6332 | 0.6398 | 0.6517 | 0.6583 | 0.6702 | 0.6768 | 0.6887 |
Fibonacci | 0.6390 | 0.6460 | 0.6504 | 0.6575 | 0.6645 | 0.6689 | 0.6760 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6060 | 0.6211 | 0.6343 | 0.6494 | 0.6626 | 0.6777 | 0.6909 |
Camarilla | 0.6397 | 0.6423 | 0.6449 | 0.6475 | 0.6501 | 0.6527 | 0.6553 |
Woodie | 0.6051 | 0.6206 | 0.6334 | 0.6489 | 0.6617 | 0.6772 | 0.6900 |
Fibonacci | 0.6211 | 0.6319 | 0.6386 | 0.6494 | 0.6602 | 0.6669 | 0.6777 |
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): | 47.59 | |
MACD (12,26,9): | 0.0002 | |
Directional Movement: | 2.3573 | |
AROON (14): | -7.1428 | |
DEMA (21): | 0.6612 | |
Parabolic SAR (0,02-0,02-0,2): | 0.6623 | |
Elder Ray (13): | -0.0007 | |
Super Trend (3,10): | 0.6598 | |
Zig ZAG (10): | 0.6604 | |
VORTEX (21): | 0.9294 | |
Stochastique (14,3,5): | 46.30 | |
TEMA (21): | 0.6610 | |
Williams %R (14): | -70.37 | |
Chande Momentum Oscillator (20): | -0.0002 | |
Repulse (5,40,3): | -0.0438 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0099 | |
Courbe Coppock: | 0.13 |
MA7: | 0.6599 | |
MA20: | 0.6519 | |
MA50: | 0.6541 | |
MA100: | 0.6575 | |
MAexp7: | 0.6608 | |
MAexp20: | 0.6607 | |
MAexp50: | 0.6601 | |
MAexp100: | 0.6595 | |
Price / MA7: | +0.11% | |
Price / MA20: | +1.33% | |
Price / MA50: | +0.99% | |
Price / MA100: | +0.47% | |
Price / MAexp7: | -0.03% | |
Price / MAexp20: | -0.02% | |
Price / MAexp50: | +0.08% | |
Price / MAexp100: | +0.17% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on AUD/USD at the time of the analysis were as follows:
- AUD/USD Long Term Forecast and Technical Analysis for May 10, 2024, by Chris Lewis for FX Empire
- AUD/USD Daily Forecast and Technical Analysis for May 10, 2024, by Chris Lewis for FX Empire
- AUD/USD Daily Forecast and Technical Analysis for May 09, 2024, by Chris Lewis for FX Empire
- AUD/USD Daily Forecast and Technical Analysis for May 08, 2024, by Chris Lewis for FX Empire
- AUD/USD Daily Forecast and Technical Analysis for May 07, 2024, by Chris Lewis for FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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