AUD/CNH
AUD CNH
- CNH (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDCNH
ISIN:

AUD/CNH - 1H - Technical analysis published on 12/06/2022 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 4.71308 CNH
My targets
4.67829 CNH (-0.01917)
4.63241 CNH (-0.06505)
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/CNH. As long as you are under the resistance located at 4.71308 CNH, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 4.67829 CNH 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 4.63241 CNH as an objective. Crossing it would then enable sellers to target 4.53199 CNH. If the resistance 4.71308 CNH 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
1.3

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

Additional analysis

Quotes

The AUD/CNH rating is 4.69746 CNH. On the day, this instrument gained +0.52% and was traded between 4.66904 CNH and 4.70111 CNH over the period. The price is currently at +0.61% from its lowest and -0.08% from its highest.

4.66904
4.70111
4.69746

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of AUD/CNH indicates that the overall trend is bearish. 75.00% 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. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near horizontal resistance

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


S3S2S1PriceR1R2R3
ProTrendLines 4.53199 4.63241 4.67829 4.69746 4.74202 4.78366 4.79933
Change (%) -3.52% -1.38% -0.41% - +0.95% +1.84% +2.17%
Change -0.16547 -0.06505 -0.01917 - +0.04456 +0.08620 +0.10187
Level Minor Intermediate Minor - Major Minor 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
Standard4.521694.592524.632914.703744.744134.814964.85535
Camarilla4.642724.652914.663114.673304.683504.693694.70389
Woodie4.506474.584914.617694.696134.728914.807354.84013
Fibonacci4.592524.635014.661254.703744.746234.772474.81496


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.572764.654284.713084.794604.853404.934924.99372
Camarilla4.733284.746154.759014.771874.784734.797604.81046
Woodie4.561394.648604.701714.788924.842034.929244.98235
Fibonacci4.654284.707894.741004.794604.848214.881324.93492


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.336364.462664.623534.749834.910705.037005.19787
Camarilla4.705434.731754.758084.784404.810724.837054.86337
Woodie4.353654.471304.640824.758474.927995.045645.21516
Fibonacci4.462664.572364.640134.749834.859534.927305.03700

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): 43.83
MACD (12,26,9): -0.0151
Directional Movement: -5.34718
AROON (14): -50.00000
DEMA (21): 4.67222
Parabolic SAR (0,02-0,02-0,2): 4.66816
Elder Ray (13): 0.00574
Super Trend (3,10): 4.70092
Zig ZAG (10): 4.69566
VORTEX (21): 0.8486
Stochastique (14,3,5): 68.48
TEMA (21): 4.67444
Williams %R (14): -3.93
Chande Momentum Oscillator (20): 0.01691
Repulse (5,40,3): 0.3050
ROCnROLL: -1
TRIX (15,9): -0.0636
Courbe Coppock: 0.93
MA7: 4.75975
MA20: 4.76484
MA50: 4.66690
MA100: 4.69133
MAexp7: 4.68630
MAexp20: 4.69473
MAexp50: 4.72587
MAexp100: 4.75244
Price / MA7: -1.31%
Price / MA20: -1.41%
Price / MA50: +0.65%
Price / MA100: +0.13%
Price / MAexp7: +0.24%
Price / MAexp20: +0.06%
Price / MAexp50: -0.60%
Price / MAexp100: -1.16%

Quotes : - Real time data - Forex

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

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