AUD/USD

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Type:	Forex
Ticker:	AUDUSD
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AUD/USD - Daily - Technical analysis published on 03/09/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

50%

28%

22%

My opinion

Bearish under 0.6708 USD

My targets

0.6511 USD (-0.0087)

0.6233 USD (-0.0365)

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 0.6708 USD. The sellers” bearish objective is set at 0.6511 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6233 USD. In case of crossing, the next objective would be the support located at 0.6053 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

FORCE

5.4

Comment on the 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 whun450. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/USD rating is 0.6598 USD. On the day, this instrument gained -0.63% and was between 0.6307 USD and 0.6685 USD. This implies that the price is at +4.61% from its lowest and at -1.30% from its highest.

0.6307

0.6685

0.6598

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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

A technical analysis in Daily of this AUD/USD chart shows a sharp bearish trend. 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 market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 9 are bullish, 4 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Horizontal support is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6053	0.6511	0.6598	0.6708	0.6762	0.6874
Change (%)	-8.26%	-1.32%	-	+1.67%	+2.49%	+4.18%
Change	-0.0545	-0.0087	-	+0.0110	+0.0164	+0.0276
Level	Intermediate	Intermediate	-	Intermediate	Minor	Intermediate

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	0.6526	0.6555	0.6598	0.6627	0.6670	0.6699	0.6742
Camarilla	0.6620	0.6627	0.6633	0.6640	0.6647	0.6653	0.6660
Woodie	0.6532	0.6559	0.6604	0.6631	0.6676	0.6703	0.6748
Fibonacci	0.6555	0.6583	0.6600	0.6627	0.6655	0.6672	0.6699

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6324	0.6394	0.6517	0.6587	0.6710	0.6780	0.6903
Camarilla	0.6587	0.6605	0.6622	0.6640	0.6658	0.6675	0.6693
Woodie	0.6351	0.6407	0.6544	0.6600	0.6737	0.6793	0.6930
Fibonacci	0.6394	0.6468	0.6513	0.6587	0.6661	0.6706	0.6780

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6032	0.6233	0.6372	0.6573	0.6712	0.6913	0.7052
Camarilla	0.6418	0.6449	0.6480	0.6511	0.6542	0.6573	0.6605
Woodie	0.6001	0.6218	0.6341	0.6558	0.6681	0.6898	0.7021
Fibonacci	0.6233	0.6363	0.6443	0.6573	0.6703	0.6783	0.6913

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):	42.64
MACD (12,26,9):	-0.0042
Directional Movement:	-29.4263
AROON (14):	-100.0000
DEMA (21):	0.6573
Parabolic SAR (0,02-0,02-0,2):	0.6657
Elder Ray (13):	-0.0118
Super Trend (3,10):	0.6683
Zig ZAG (10):	0.6602
VORTEX (21):	0.7718
Stochastique (14,3,5):	69.52
TEMA (21):	0.6574
Williams %R (14):	-26.93
Chande Momentum Oscillator (20):	-0.0012
Repulse (5,40,3):	2.9406
ROCnROLL:	2
TRIX (15,9):	-0.1141
Courbe Coppock:	2.81

MA7:	0.6590
MA20:	0.6633
MA50:	0.6754
MA100:	0.6804
MAexp7:	0.6605
MAexp20:	0.6634
MAexp50:	0.6712
MAexp100:	0.6770
Price / MA7:	+0.12%
Price / MA20:	-0.53%
Price / MA50:	-2.31%
Price / MA100:	-3.03%
Price / MAexp7:	-0.11%
Price / MAexp20:	-0.54%
Price / MAexp50:	-1.70%
Price / MAexp100:	-2.54%

News

The last news published on AUD/USD at the time of the generation of this analysis was as follows:

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

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