AUD/USD - 1H - Technical analysis published on 03/31/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
28%
6%
67%
My opinion
Bullish above 0.6112 USD
My targets
0.6200 USD (+0.0042)
0.6344 USD (+0.0186)
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 above the support located at 0.6112 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.6200 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.6344 USD as an objective. Crossing it would then enable buyers to target 0.6708 USD. If the support 0.6112 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.9
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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 0.6158 USD. The price registered an increase of -0.11% on the session and was between 0.6076 USD and 0.6214 USD. This implies that the price is at +1.35% from its lowest and at -0.90% from its highest.0.6076
0.6214
0.6158
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of AUD/USD indicates that the overall trend is bullish. 75% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 5 are bullish, 12 are neutral and 1 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.5986 | 0.6053 | 0.6112 | 0.6158 | 0.6200 | 0.6708 | 0.6874 |
| Change (%) | -2.79% | -1.71% | -0.75% | - | +0.68% | +8.93% | +11.63% |
| Change | -0.0172 | -0.0105 | -0.0046 | - | +0.0042 | +0.0550 | +0.0716 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Major |
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 | 0.6050 | 0.6081 | 0.6123 | 0.6154 | 0.6196 | 0.6227 | 0.6269 |
| Camarilla | 0.6145 | 0.6152 | 0.6158 | 0.6165 | 0.6172 | 0.6178 | 0.6185 |
| Woodie | 0.6056 | 0.6084 | 0.6129 | 0.6157 | 0.6202 | 0.6230 | 0.6275 |
| Fibonacci | 0.6081 | 0.6109 | 0.6126 | 0.6154 | 0.6182 | 0.6199 | 0.6227 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5344 | 0.5522 | 0.5844 | 0.6022 | 0.6344 | 0.6522 | 0.6844 |
| Camarilla | 0.6029 | 0.6074 | 0.6120 | 0.6166 | 0.6212 | 0.6258 | 0.6304 |
| Woodie | 0.5416 | 0.5558 | 0.5916 | 0.6058 | 0.6416 | 0.6558 | 0.6916 |
| Fibonacci | 0.5522 | 0.5713 | 0.5831 | 0.6022 | 0.6213 | 0.6331 | 0.6522 |
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): | 51.57 | |
| MACD (12,26,9): | 0.0010 | |
| Directional Movement: | -5.4901 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 0.6182 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6096 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 0.6095 | |
| Zig ZAG (10): | 0.6169 | |
| VORTEX (21): | 1.0480 | |
| Stochastique (14,3,5): | 69.81 | |
| TEMA (21): | 0.6179 | |
| Williams %R (14): | -32.61 | |
| Chande Momentum Oscillator (20): | -0.0004 | |
| Repulse (5,40,3): | 0.0738 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0253 | |
| Courbe Coppock: | 0.73 |
| MA7: | 0.6046 | |
| MA20: | 0.6183 | |
| MA50: | 0.6486 | |
| MA100: | 0.6677 | |
| MAexp7: | 0.6174 | |
| MAexp20: | 0.6167 | |
| MAexp50: | 0.6138 | |
| MAexp100: | 0.6086 | |
| Price / MA7: | +1.85% | |
| Price / MA20: | -0.40% | |
| Price / MA50: | -5.06% | |
| Price / MA100: | -7.77% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | +0.34% | |
| Price / MAexp100: | +1.20% |
News
The latest news and videos published on AUD/USD at the time of the analysis were as follows:
-
AUD/USD Outlook: Coronavirus Economic Hit May Revive Selloff
-
USD/JPY and AUD/USD Forecast March 31, 2020
-
AUD/USD Technical Analysis for March 31, 2020 by FXEmpire
-
USD/JPY and AUD/USD Forecast March 30, 2020
-
AUD/USD Technical Analysis for the week of March 30, 2020 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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