AUD/USD - 1H - Technical analysis published on 10/17/2019 (GMT)
- Who voted?
- 126
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.6771 USD
My targets
0.6789 USD (+0.06%)
0.6811 USD (+0.38%)
My analysis
AUD/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.6771 USD. The next resistance located at 0.6789 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.6811 USD. After this resistance, buyers could then target 0.6874 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
6.6
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:
Additional analysis
Quotes
The AUD/USD rating is 0.6785 USD. The price registered an increase of +0.43% on the session and was traded between 0.6754 USD and 0.6792 USD over the period. The price is currently at +0.46% from its lowest and -0.10% from its highest.0.6754
0.6792
0.6785
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/USD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
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 this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6742 | 0.6751 | 0.6771 | 0.6785 | 0.6789 | 0.6811 | 0.6874 |
| Change (%) | -0.63% | -0.50% | -0.21% | - | +0.06% | +0.38% | +1.31% |
| Change | -0.0043 | -0.0034 | -0.0014 | - | +0.0004 | +0.0026 | +0.0089 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6688 | 0.6705 | 0.6731 | 0.6748 | 0.6774 | 0.6791 | 0.6817 |
| Camarilla | 0.6744 | 0.6748 | 0.6752 | 0.6756 | 0.6760 | 0.6764 | 0.6768 |
| Woodie | 0.6692 | 0.6707 | 0.6735 | 0.6750 | 0.6778 | 0.6793 | 0.6821 |
| Fibonacci | 0.6705 | 0.6722 | 0.6732 | 0.6748 | 0.6765 | 0.6775 | 0.6791 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6629 | 0.6670 | 0.6730 | 0.6771 | 0.6831 | 0.6872 | 0.6932 |
| Camarilla | 0.6763 | 0.6773 | 0.6782 | 0.6791 | 0.6800 | 0.6810 | 0.6819 |
| Woodie | 0.6640 | 0.6675 | 0.6741 | 0.6776 | 0.6842 | 0.6877 | 0.6943 |
| Fibonacci | 0.6670 | 0.6708 | 0.6732 | 0.6771 | 0.6809 | 0.6833 | 0.6872 |
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): | 69.18 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 20.9014 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 0.6763 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6745 | |
| Elder Ray (13): | 0.0024 | |
| Super Trend (3,10): | 0.6749 | |
| Zig ZAG (10): | 0.6784 | |
| VORTEX (21): | 1.2017 | |
| Stochastique (14,3,5): | 85.43 | |
| TEMA (21): | 0.6772 | |
| Williams %R (14): | -14.49 | |
| Chande Momentum Oscillator (20): | 0.0051 | |
| Repulse (5,40,3): | 0.2403 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0044 | |
| Courbe Coppock: | 0.91 |
| MA7: | 0.6762 | |
| MA20: | 0.6754 | |
| MA50: | 0.6778 | |
| MA100: | 0.6860 | |
| MAexp7: | 0.6767 | |
| MAexp20: | 0.6757 | |
| MAexp50: | 0.6756 | |
| MAexp100: | 0.6758 | |
| Price / MA7: | +0.34% | |
| Price / MA20: | +0.46% | |
| Price / MA50: | +0.10% | |
| Price / MA100: | -1.09% | |
| Price / MAexp7: | +0.27% | |
| Price / MAexp20: | +0.41% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | +0.40% |
News
The last news published on AUD/USD at the time of the generation of this analysis was as follows:
-
USD/JPY and AUD/USD Forecast October 17, 2019
-
AUD/USD Technical Analysis for October 17, 2019 by FXEmpire
-
USD/JPY and AUD/USD Forecast October 16, 2019
-
AUD/USD Technical Analysis for October 16, 2019 by FXEmpire
-
USD/JPY and AUD/USD Forecast October 15, 2019
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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