AUD/USD - Daily - Technical analysis published on 10/10/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 0.6874 USD
My targets
0.6711 USD (-0.77%)
0.6053 USD (-10.50%)
My analysis
The basic trend is very bearish on AUD/USD but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on AUD/USD. As long as you stay below the resistance 0.6874 USD, sellers” retain the upper hand. A break in the support at 0.6711 USD would be a signal that the basic trend will reverse. Sellers would then use the next support located at 0.6053 USD as an objective. If the price were to depress the resistance 0.6874 USD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.8
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/USD rating 0.6763 USD. The price has increased by +0.66% since the last closing and was between 0.6713 USD and 0.6769 USD. This implies that the price is at +0.74% from its lowest and at -0.09% from its highest.0.6713
0.6769
0.6763
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
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AUD/USD chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: this global trend is showing signs of running out of steam given the neutral signals of short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 7 are bullish, 7 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.6053 | 0.6711 | 0.6763 | 0.6874 | 0.7066 | 0.7177 |
Change (%) | -10.50% | -0.77% | - | +1.64% | +4.48% | +6.12% |
Change | -0.0710 | -0.0052 | - | +0.0111 | +0.0303 | +0.0414 |
Level | Intermediate | Major | - | Intermediate | Intermediate | Major |
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 | 0.6663 | 0.6686 | 0.6703 | 0.6726 | 0.6743 | 0.6766 | 0.6783 |
Camarilla | 0.6708 | 0.6712 | 0.6715 | 0.6719 | 0.6723 | 0.6726 | 0.6730 |
Woodie | 0.6659 | 0.6685 | 0.6699 | 0.6725 | 0.6739 | 0.6765 | 0.6779 |
Fibonacci | 0.6686 | 0.6702 | 0.6711 | 0.6726 | 0.6742 | 0.6751 | 0.6766 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6598 | 0.6634 | 0.6703 | 0.6739 | 0.6808 | 0.6844 | 0.6913 |
Camarilla | 0.6742 | 0.6752 | 0.6761 | 0.6771 | 0.6781 | 0.6790 | 0.6800 |
Woodie | 0.6614 | 0.6642 | 0.6719 | 0.6747 | 0.6824 | 0.6852 | 0.6929 |
Fibonacci | 0.6634 | 0.6674 | 0.6699 | 0.6739 | 0.6779 | 0.6804 | 0.6844 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.6452 | 0.6569 | 0.6660 | 0.6777 | 0.6868 | 0.6985 | 0.7076 |
Camarilla | 0.6693 | 0.6712 | 0.6731 | 0.6750 | 0.6769 | 0.6788 | 0.6807 |
Woodie | 0.6438 | 0.6563 | 0.6646 | 0.6771 | 0.6854 | 0.6979 | 0.7062 |
Fibonacci | 0.6569 | 0.6649 | 0.6698 | 0.6777 | 0.6857 | 0.6906 | 0.6985 |
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): | 48.66 | |
MACD (12,26,9): | -0.0020 | |
Directional Movement: | -6.3019 | |
AROON (14): | -57.1429 | |
DEMA (21): | 0.6737 | |
Parabolic SAR (0,02-0,02-0,2): | 0.6671 | |
Elder Ray (13): | -0.0010 | |
Super Trend (3,10): | 0.6834 | |
Zig ZAG (10): | 0.6764 | |
VORTEX (21): | 0.8472 | |
Stochastique (14,3,5): | 47.06 | |
TEMA (21): | 0.6731 | |
Williams %R (14): | -31.85 | |
Chande Momentum Oscillator (20): | -0.0033 | |
Repulse (5,40,3): | 0.5163 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0369 | |
Courbe Coppock: | 2.17 |
MA7: | 0.6738 | |
MA20: | 0.6773 | |
MA50: | 0.6779 | |
MA100: | 0.6867 | |
MAexp7: | 0.6743 | |
MAexp20: | 0.6762 | |
MAexp50: | 0.6799 | |
MAexp100: | 0.6858 | |
Price / MA7: | +0.37% | |
Price / MA20: | -0.15% | |
Price / MA50: | -0.24% | |
Price / MA100: | -1.51% | |
Price / MAexp7: | +0.30% | |
Price / MAexp20: | +0.01% | |
Price / MAexp50: | -0.53% | |
Price / MAexp100: | -1.39% |
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:
- USD/JPY and AUD/USD Forecast October 10, 2019
- AUD/USD Technical Analysis for October 10, 2019 by FXEmpire
- USD/JPY and AUD/USD Forecast October 9, 2019
- FX Price Action Setups: EUR/USD, GBP/USD, USD/CAD, AUD/USD
- AUD/USD Technical Analysis for October 09, 2019 by FXEmpire
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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