Londinia Opportunities Analyses - 09/27/2022 (GMT) AUD/CNH - 1H

- CNH (-)
- Real time data - Forex
Type: Forex
Ticker: AUDCNH
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 4.61851 CNH
My targets
4.58918 CNH (-0.02191)
4.54491 CNH (-0.06618)
My analysis
AUD/CNH is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4.61851 CNH. The next support located at 4.58918 CNH is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 4.54491 CNH. Below this support, sellers could then target 4.53043 CNH. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

AUD/CNH rating 4.61109 CNH. The price registered a decrease of -0.61% on the session and was between 4.60587 CNH and 4.66478 CNH. This implies that the price is at +0.11% from its lowest and at -1.15% from its highest.

4.60587
4.66478
4.61109

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/CNH:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AUD/CNH chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed 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.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.43228 4.53043 4.58918 4.61109 4.61851 4.63241 4.64502
Change (%) -3.88% -1.75% -0.48% - +0.16% +0.46% +0.74%
Change -0.17881 -0.08066 -0.02191 - +0.00742 +0.02132 +0.03393
Level Major Major Minor - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.555484.586994.613124.644634.670764.702274.72840
Camarilla4.623394.628674.633964.639244.644524.649814.65509
Woodie4.552784.585654.610424.643294.668064.700934.72570
Fibonacci4.586994.609014.622624.644634.666654.680264.70227


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.544914.597574.627524.680184.710134.762794.79274
Camarilla4.634764.642344.649914.657484.665054.672634.68020
Woodie4.533574.591894.616184.674504.698794.757114.78140
Fibonacci4.597574.629124.648624.680184.711734.731234.76279


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.480384.564914.642474.727004.804564.889094.96665
Camarilla4.675474.690324.705184.720044.734904.749764.76462
Woodie4.476914.563174.639004.725264.801094.887354.96318
Fibonacci4.564914.626834.665084.727004.788924.827174.88909

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 32.31
MACD (12,26,9): -0.0076
Directional Movement: -18.62044
AROON (14): -50.00000
DEMA (21): 4.62737
Parabolic SAR (0,02-0,02-0,2): 4.65184
Elder Ray (13): -0.01986
Super Trend (3,10): 4.64754
Zig ZAG (10): 4.61233
VORTEX (21): 0.9217
Stochastique (14,3,5): 7.93
TEMA (21): 4.62446
Williams %R (14): -90.17
Chande Momentum Oscillator (20): -0.03646
Repulse (5,40,3): -0.3285
ROCnROLL: 2
TRIX (15,9): -0.0106
Courbe Coppock: 0.74
MA7: 4.67351
MA20: 4.69970
MA50: 4.71557
MA100: 4.69894
MAexp7: 4.62453
MAexp20: 4.63604
MAexp50: 4.64820
MAexp100: 4.66341
Price / MA7: -1.34%
Price / MA20: -1.89%
Price / MA50: -2.22%
Price / MA100: -1.87%
Price / MAexp7: -0.29%
Price / MAexp20: -0.54%
Price / MAexp50: -0.80%
Price / MAexp100: -1.12%

Quotes : - Real time data - Forex