AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: AUDUSD
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AUD/USD - 1H - Technical analysis published on 10/16/2019 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Neutral
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.6751 USD
My targets
0.6771 USD (+0.13%)
0.6789 USD (+0.40%)
My analysis
The current short-term bullish acceleration on AUD/USD should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 0.6751 USD. Short-term buyers will use the resistance located at 0.6771 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 0.6789 USD. Crossing this resistance would then open the door for buyers to target 0.6811 USD. Caution, if there is a return to under 0.6751 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
3.8

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/USD rating is 0.6762 USD. The price has increased by +0.13% since the last closing and was traded between 0.6723 USD and 0.6763 USD over the period. The price is currently at +0.58% from its lowest and -0.01% from its highest.

0.6723
0.6763
0.6762

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 1H of this AUD/USD chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : 1 hour


Horizontal support is broken

Type : Bearish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6722 0.6742 0.6751 0.6762 0.6771 0.6789 0.6811
Change (%) -0.59% -0.30% -0.16% - +0.13% +0.40% +0.72%
Change -0.0040 -0.0020 -0.0011 - +0.0009 +0.0027 +0.0049
Level Minor Minor Major - Intermediate Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.67130.67280.67400.67550.67670.67820.6794
Camarilla0.67460.67480.67510.67530.67560.67580.6760
Woodie0.67130.67270.67400.67540.67670.67810.6794
Fibonacci0.67280.67380.67440.67550.67650.67710.6782


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.66290.66700.67300.67710.68310.68720.6932
Camarilla0.67630.67730.67820.67910.68000.68100.6819
Woodie0.66400.66750.67410.67760.68420.68770.6943
Fibonacci0.66700.67080.67320.67710.68090.68330.6872


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.64520.65690.66600.67770.68680.69850.7076
Camarilla0.66930.67120.67310.67500.67690.67880.6807
Woodie0.64380.65630.66460.67710.68540.69790.7062
Fibonacci0.65690.66490.66980.67770.68570.69060.6985

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): 60.41
MACD (12,26,9): -0.0002
Directional Movement: 7.4988
AROON (14): 21.4286
DEMA (21): 0.6739
Parabolic SAR (0,02-0,02-0,2): 0.6724
Elder Ray (13): 0.0016
Super Trend (3,10): 0.6726
Zig ZAG (10): 0.6761
VORTEX (21): 1.0141
Stochastique (14,3,5): 97.29
TEMA (21): 0.6743
Williams %R (14): -5.00
Chande Momentum Oscillator (20): 0.0029
Repulse (5,40,3): 0.3847
ROCnROLL: 1
TRIX (15,9): -0.0126
Courbe Coppock: 0.05
MA7: 0.6755
MA20: 0.6755
MA50: 0.6779
MA100: 0.6861
MAexp7: 0.6746
MAexp20: 0.6744
MAexp50: 0.6752
MAexp100: 0.6756
Price / MA7: +0.10%
Price / MA20: +0.10%
Price / MA50: -0.25%
Price / MA100: -1.44%
Price / MAexp7: +0.24%
Price / MAexp20: +0.27%
Price / MAexp50: +0.15%
Price / MAexp100: +0.09%

This member declared not having a position on this financial instrument or a related financial instrument.

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