AUD/USD - Daily - Technical analysis published on 06/18/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.6874 USD
My targets
0.6053 USD (-11.53%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/USD as long as the price remains well below 0.6874 USD. The sellers” bearish objective is set at 0.6053 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/USD price is 0.6842 USD. The price is lower by -0.13% since the last closing with the lowest point at 0.6832 USD and the highest point at 0.6857 USD. The deviation from the price is +0.15% for the low point and -0.22% for the high point.0.6832
0.6857
0.6842
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/USD:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AUD/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 4 are bullish, 3 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
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:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.6053 | 0.6842 | 0.6874 | 0.6917 | 0.7060 |
| Change (%) | -11.53% | - | +0.47% | +1.10% | +3.19% |
| Change | -0.0789 | - | +0.0032 | +0.0075 | +0.0218 |
| Level | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6801 | 0.6824 | 0.6838 | 0.6861 | 0.6875 | 0.6898 | 0.6912 |
| Camarilla | 0.6841 | 0.6844 | 0.6848 | 0.6851 | 0.6854 | 0.6858 | 0.6861 |
| Woodie | 0.6795 | 0.6822 | 0.6833 | 0.6859 | 0.6870 | 0.6896 | 0.6906 |
| Fibonacci | 0.6824 | 0.6838 | 0.6847 | 0.6861 | 0.6875 | 0.6884 | 0.6898 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6669 | 0.6765 | 0.6819 | 0.6915 | 0.6969 | 0.7065 | 0.7119 |
| Camarilla | 0.6832 | 0.6845 | 0.6859 | 0.6873 | 0.6887 | 0.6901 | 0.6914 |
| Woodie | 0.6648 | 0.6755 | 0.6798 | 0.6905 | 0.6948 | 0.7054 | 0.7098 |
| Fibonacci | 0.6765 | 0.6822 | 0.6858 | 0.6915 | 0.6972 | 0.7008 | 0.7065 |
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): | 33.02 | |
| MACD (12,26,9): | -0.0026 | |
| Directional Movement: | -12.9968 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 0.6893 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6983 | |
| Elder Ray (13): | -0.0069 | |
| Super Trend (3,10): | 0.6965 | |
| Zig ZAG (10): | 0.6844 | |
| VORTEX (21): | 0.9310 | |
| Stochastique (14,3,5): | 5.16 | |
| TEMA (21): | 0.6892 | |
| Williams %R (14): | -94.21 | |
| Chande Momentum Oscillator (20): | -0.0094 | |
| Repulse (5,40,3): | -0.9688 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0367 | |
| Courbe Coppock: | 0.48 |
| MA7: | 0.6904 | |
| MA20: | 0.6927 | |
| MA50: | 0.6992 | |
| MA100: | 0.7054 | |
| MAexp7: | 0.6892 | |
| MAexp20: | 0.6926 | |
| MAexp50: | 0.6976 | |
| MAexp100: | 0.7033 | |
| Price / MA7: | -0.90% | |
| Price / MA20: | -1.23% | |
| Price / MA50: | -2.15% | |
| Price / MA100: | -3.01% | |
| Price / MAexp7: | -0.73% | |
| Price / MAexp20: | -1.21% | |
| Price / MAexp50: | -1.92% | |
| Price / MAexp100: | -2.72% |
News
The latest news and videos published on AUD/USD at the time of the analysis were as follows:
-
USD/JPY and AUD/USD Forecast June 18, 2019
-
AUD/USD Technical Analysis for June 18, 2019 by FXEmpire
-
USD/JPY and AUD/USD Forecast June 17, 2019
-
AUD/USD Technical Analysis for the week of June 17, 2019 by FXEmpire
-
AUD/USD Technical Analysis for June 17, 2019 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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