AUD/USD - 1H - Technical analysis published on 03/11/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 0.6573 USD
My targets
0.6511 USD (-0.0008)
0.6463 USD (-0.0056)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/USD. As long as you are under the resistance located at 0.6573 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.6511 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.6463 USD as an objective. Crossing it would then enable sellers to target 0.6434 USD. If the resistance 0.6573 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
2.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/USD rating 0.6519 USD. The price registered a decrease of +0.39% on the session with the lowest point at 0.6488 USD and the highest point at 0.6540 USD. The deviation from the price is +0.48% for the low point and -0.32% for the high point.0.6488
0.6540
0.6519
A study of price movements over other periods shows the following variations:
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 bearish trend. 75% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
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:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6434 | 0.6463 | 0.6511 | 0.6519 | 0.6584 | 0.6647 | 0.6708 |
| Change (%) | -1.30% | -0.86% | -0.12% | - | +1.00% | +1.96% | +2.90% |
| Change | -0.0085 | -0.0056 | -0.0008 | - | +0.0065 | +0.0128 | +0.0189 |
| Level | Minor | Intermediate | Intermediate | - | 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 | 0.6296 | 0.6379 | 0.6437 | 0.6520 | 0.6578 | 0.6661 | 0.6719 |
| Camarilla | 0.6455 | 0.6468 | 0.6481 | 0.6494 | 0.6507 | 0.6520 | 0.6533 |
| Woodie | 0.6283 | 0.6373 | 0.6424 | 0.6514 | 0.6565 | 0.6655 | 0.6706 |
| Fibonacci | 0.6379 | 0.6433 | 0.6467 | 0.6520 | 0.6574 | 0.6608 | 0.6661 |
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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.78 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -4.1443 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 0.6513 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6538 | |
| Elder Ray (13): | -0.0004 | |
| Super Trend (3,10): | 0.6558 | |
| Zig ZAG (10): | 0.6517 | |
| VORTEX (21): | 1.0707 | |
| Stochastique (14,3,5): | 42.75 | |
| TEMA (21): | 0.6522 | |
| Williams %R (14): | -52.17 | |
| Chande Momentum Oscillator (20): | 0.0018 | |
| Repulse (5,40,3): | 0.0165 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0106 | |
| Courbe Coppock: | 0.52 |
| MA7: | 0.6582 | |
| MA20: | 0.6612 | |
| MA50: | 0.6734 | |
| MA100: | 0.6797 | |
| MAexp7: | 0.6518 | |
| MAexp20: | 0.6518 | |
| MAexp50: | 0.6534 | |
| MAexp100: | 0.6554 | |
| Price / MA7: | -0.96% | |
| Price / MA20: | -1.41% | |
| Price / MA50: | -3.19% | |
| Price / MA100: | -4.09% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | -0.53% |
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:
-
AUD/USD Technical Analysis for March 12, 2020 by FXEmpire
-
Australian Dollar Analysis: AUD/USD Downtrend Holds Amid Coronavirus Volatility
-
USD/JPY and AUD/USD Forecast March 11, 2020
-
AUD/USD Technical Analysis for March 11, 2020 by FXEmpire
-
USD/JPY and AUD/USD Forecast March 10, 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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