AUD/USD - 1H - Technical analysis published on 05/14/2024 (GMT)
- 62
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
50%
28%
My opinion
Neutral between 0.6586 USD and 0.6629 USD
My targets
-
My analysis
The short-term decline on AUD/USD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 0.6586 USD. The first resistance is located at 0.6629 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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 0.6601 USD. The price registered a decrease of -0.15% on the session and was traded between 0.6598 USD and 0.6612 USD over the period. The price is currently at +0.05% from its lowest and -0.17% from its highest.0.6598
0.6612
0.6601
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 (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/USD indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.6517 | 0.6552 | 0.6586 | 0.6601 | 0.6606 | 0.6629 | 0.6650 |
Change (%) | -1.27% | -0.74% | -0.23% | - | +0.08% | +0.42% | +0.74% |
Change | -0.0084 | -0.0049 | -0.0015 | - | +0.0005 | +0.0028 | +0.0049 |
Level | Minor | Intermediate | Major | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6545 | 0.6566 | 0.6588 | 0.6609 | 0.6631 | 0.6652 | 0.6674 |
Camarilla | 0.6599 | 0.6603 | 0.6607 | 0.6611 | 0.6615 | 0.6619 | 0.6623 |
Woodie | 0.6547 | 0.6566 | 0.6590 | 0.6609 | 0.6633 | 0.6652 | 0.6676 |
Fibonacci | 0.6566 | 0.6582 | 0.6592 | 0.6609 | 0.6625 | 0.6635 | 0.6652 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6473 | 0.6515 | 0.6559 | 0.6601 | 0.6645 | 0.6687 | 0.6731 |
Camarilla | 0.6578 | 0.6586 | 0.6594 | 0.6602 | 0.6610 | 0.6618 | 0.6626 |
Woodie | 0.6473 | 0.6516 | 0.6559 | 0.6602 | 0.6645 | 0.6688 | 0.6731 |
Fibonacci | 0.6515 | 0.6548 | 0.6569 | 0.6601 | 0.6634 | 0.6655 | 0.6687 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 43.53 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | -7.0796 | |
AROON (14): | -85.7143 | |
DEMA (21): | 0.6609 | |
Parabolic SAR (0,02-0,02-0,2): | 0.6625 | |
Elder Ray (13): | -0.0005 | |
Super Trend (3,10): | 0.6600 | |
Zig ZAG (10): | 0.6603 | |
VORTEX (21): | 1.0253 | |
Stochastique (14,3,5): | 22.04 | |
TEMA (21): | 0.6608 | |
Williams %R (14): | -83.87 | |
Chande Momentum Oscillator (20): | -0.0018 | |
Repulse (5,40,3): | -0.0606 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0031 | |
Courbe Coppock: | 0.11 |
MA7: | 0.6603 | |
MA20: | 0.6537 | |
MA50: | 0.6545 | |
MA100: | 0.6572 | |
MAexp7: | 0.6607 | |
MAexp20: | 0.6608 | |
MAexp50: | 0.6605 | |
MAexp100: | 0.6600 | |
Price / MA7: | -0.03% | |
Price / MA20: | +0.98% | |
Price / MA50: | +0.86% | |
Price / MA100: | +0.44% | |
Price / MAexp7: | -0.09% | |
Price / MAexp20: | -0.11% | |
Price / MAexp50: | -0.06% | |
Price / MAexp100: | +0.02% |
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:
- AUD/USD Forecast May 14, 2024
- AUD/USD Daily Forecast and Technical Analysis for May 13, 2024, by Chris Lewis for FX Empire
- Weekly Technical Outlook: 13/05/2024 - EURUSD, GBPUSD, AUDUSD
- AUD/USD Forecast May 13, 2024
- AUD/USD Long Term Forecast and Technical Analysis for May 10, 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…
Add a comment
Comments
0 comments on the analysis AUD/USD - 1H