AUD/CNH - 1H - Technical analysis published on 12/13/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
44%
39%
17%
My opinion
Bearish under 4.74202 CNH
My targets
4.70529 CNH (-0.01234)
4.67829 CNH (-0.03934)
My analysis
The strong short-term decline of AUD/CNH reinforces the current slightly bearish trend. As long as the price remains below 4.74202 CNH, you could take advantage of this bearish acceleration. The first bearish objective is located at 4.70529 CNH. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.67829 CNH as an objective. Crossing it would then enable sellers to target 4.66264 CNH. A return to above 4.74202 CNH would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CNH price is 4.71763 CNH. On the day, this instrument gained +0.00% and was between 4.70642 CNH and 4.72781 CNH. This implies that the price is at +0.24% from its lowest and at -0.22% from its highest.4.70642
4.72781
4.71763
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/CNH:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on AUD/CNH were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of AUD/CNH indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 4.66264 | 4.67829 | 4.70529 | 4.71763 | 4.74202 | 4.78366 | 4.79933 |
Change (%) | -1.17% | -0.83% | -0.26% | - | +0.52% | +1.40% | +1.73% |
Change | -0.05499 | -0.03934 | -0.01234 | - | +0.02439 | +0.06603 | +0.08170 |
Level | Intermediate | Major | Intermediate | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.66736 | 4.68624 | 4.70203 | 4.72091 | 4.73670 | 4.75558 | 4.77137 |
Camarilla | 4.70830 | 4.71147 | 4.71465 | 4.71783 | 4.72101 | 4.72419 | 4.72736 |
Woodie | 4.66583 | 4.68547 | 4.70050 | 4.72014 | 4.73517 | 4.75481 | 4.76984 |
Fibonacci | 4.68624 | 4.69948 | 4.70766 | 4.72091 | 4.73415 | 4.74233 | 4.75558 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.54390 | 4.59804 | 4.66629 | 4.72043 | 4.78868 | 4.84282 | 4.91107 |
Camarilla | 4.70088 | 4.71210 | 4.72332 | 4.73454 | 4.74576 | 4.75698 | 4.76820 |
Woodie | 4.55096 | 4.60157 | 4.67335 | 4.72396 | 4.79574 | 4.84635 | 4.91813 |
Fibonacci | 4.59804 | 4.64479 | 4.67368 | 4.72043 | 4.76718 | 4.79607 | 4.84282 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.33636 | 4.46266 | 4.62353 | 4.74983 | 4.91070 | 5.03700 | 5.19787 |
Camarilla | 4.70543 | 4.73175 | 4.75808 | 4.78440 | 4.81072 | 4.83705 | 4.86337 |
Woodie | 4.35365 | 4.47130 | 4.64082 | 4.75847 | 4.92799 | 5.04564 | 5.21516 |
Fibonacci | 4.46266 | 4.57236 | 4.64013 | 4.74983 | 4.85953 | 4.92730 | 5.03700 |
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): | 46.85 | |
MACD (12,26,9): | -0.0019 | |
Directional Movement: | -10.08195 | |
AROON (14): | 71.42858 | |
DEMA (21): | 4.71623 | |
Parabolic SAR (0,02-0,02-0,2): | 4.72781 | |
Elder Ray (13): | -0.00463 | |
Super Trend (3,10): | 4.70848 | |
Zig ZAG (10): | 4.71591 | |
VORTEX (21): | 0.9455 | |
Stochastique (14,3,5): | 48.14 | |
TEMA (21): | 4.71392 | |
Williams %R (14): | -52.25 | |
Chande Momentum Oscillator (20): | 0.00394 | |
Repulse (5,40,3): | 0.0152 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0067 | |
Courbe Coppock: | 0.18 |
MA7: | 4.70281 | |
MA20: | 4.76052 | |
MA50: | 4.67683 | |
MA100: | 4.69256 | |
MAexp7: | 4.71668 | |
MAexp20: | 4.71852 | |
MAexp50: | 4.71812 | |
MAexp100: | 4.71657 | |
Price / MA7: | +0.32% | |
Price / MA20: | -0.90% | |
Price / MA50: | +0.87% | |
Price / MA100: | +0.53% | |
Price / MAexp7: | +0.02% | |
Price / MAexp20: | -0.02% | |
Price / MAexp50: | -0.01% | |
Price / MAexp100: | +0.02% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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