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

AUD/CNH - 1H - Technical analysis published on 01/02/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 4.70900 CNH
My targets
4.72511 CNH (+0.01066)
4.74202 CNH (+0.02757)
My analysis
The basic bullish trend is very strong on AUD/CNH but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 4.70900 CNH. Crossing the first resistance at 4.72511 CNH would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 4.74202 CNH as an objective. Crossing it would then enable buyers to target 4.75054 CNH. Caution, a return to below 4.70900 CNH would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.5

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 4.71445 CNH. The price has increased by +0.00% since the last closing and was between 4.69757 CNH and 4.72059 CNH. This implies that the price is at +0.36% from its lowest and at -0.13% from its highest.

4.69757
4.72059
4.71445

Here is a more detailed summary of the historical variations registered by AUD/CNH:

Technical


A technical analysis in 1H of this AUD/CNH chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.66078 4.67829 4.70900 4.71445 4.72511 4.74202 4.75054
Change (%) -1.14% -0.77% -0.12% - +0.23% +0.58% +0.77%
Change -0.05367 -0.03616 -0.00545 - +0.01066 +0.02757 +0.03609
Level Minor Major Major - Intermediate Major Minor



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
Standard4.617704.644434.679504.706234.741304.768034.80310
Camarilla4.697574.703234.708904.714564.720234.725894.73156
Woodie4.621864.646524.683664.708324.745464.770124.80726
Fibonacci4.644434.668044.682634.706234.729844.744434.76803


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.594274.632724.673644.712094.753014.791464.83238
Camarilla4.692734.700014.707284.714564.721844.729114.73639
Woodie4.595514.633344.674884.712714.754254.792084.83362
Fibonacci4.632724.663044.681774.712094.742414.761144.79146


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.414454.520274.617414.723234.820374.926195.02333
Camarilla4.658754.677354.695964.714564.733174.751774.77037
Woodie4.410124.518104.613084.721064.816044.924025.01900
Fibonacci4.520274.597804.645704.723234.800764.848664.92619

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): 49.63
MACD (12,26,9): 0.0032
Directional Movement: 5.89533
AROON (14): 64.28571
DEMA (21): 4.70696
Parabolic SAR (0,02-0,02-0,2): 4.72488
Elder Ray (13): -0.00156
Super Trend (3,10): 4.69188
Zig ZAG (10): 4.70085
VORTEX (21): 1.0564
Stochastique (14,3,5): 42.40
TEMA (21): 4.70870
Williams %R (14): -66.47
Chande Momentum Oscillator (20): -0.00233
Repulse (5,40,3): -0.2393
ROCnROLL: -1
TRIX (15,9): 0.0116
Courbe Coppock: 0.57
MA7: 4.68922
MA20: 4.71304
MA50: 4.71083
MA100: 4.69161
MAexp7: 4.70580
MAexp20: 4.70177
MAexp50: 4.69640
MAexp100: 4.69285
Price / MA7: +0.54%
Price / MA20: +0.03%
Price / MA50: +0.08%
Price / MA100: +0.49%
Price / MAexp7: +0.18%
Price / MAexp20: +0.27%
Price / MAexp50: +0.38%
Price / MAexp100: +0.46%

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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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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