Londinia Opportunities Analyses - 01/25/2023 (GMT) AUD/MXN - 1H

- MXN (-)
- Real time data - Forex
Type: Forex
Ticker: AUDMXN
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 13.2859 MXN
My targets
13.4170 MXN (+0.0656)
13.5949 MXN (+0.2435)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/MXN as long as the price remains well above 13.2859 MXN. The buyers' bullish objective is set at 13.4170 MXN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13.5949 MXN. If there is any crossing, the next objective would be the resistance located at 13.7872 MXN. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The AUD/MXN rating is 13.3514 MXN. On the day, this instrument gained +0.75% and was between 13.2361 MXN and 13.3877 MXN. This implies that the price is at +0.87% from its lowest and at -0.27% from its highest.

13.2361
13.3877
13.3514

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AUD/MXN in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.1631 13.2036 13.2859 13.3514 13.5949 13.7872 14.2727
Change (%) -1.41% -1.11% -0.49% - +1.82% +3.26% +6.90%
Change -0.1883 -0.1478 -0.0655 - +0.2435 +0.4358 +0.9213
Level Minor Intermediate Minor - Major Intermediate 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
Standard13.128013.166313.209413.247713.290813.329113.3722
Camarilla13.230213.237713.245113.252613.260113.267513.2750
Woodie13.130513.167513.211913.248913.293313.330313.3747
Fibonacci13.166313.197413.216613.247713.278813.298013.3291


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.842512.926413.034013.117913.225513.309413.4170
Camarilla13.088813.106413.124013.141513.159113.176613.1942
Woodie12.854312.932313.045813.123813.237313.315313.4288
Fibonacci12.926412.999613.044813.117913.191113.236313.3094


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.331812.641412.965113.274713.598413.908014.2317
Camarilla13.114613.172713.230813.288813.346913.404913.4630
Woodie12.338912.644912.972213.278213.605513.911514.2388
Fibonacci12.641412.883313.032813.274713.516613.666113.9080

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): 62.27
MACD (12,26,9): 0.0202
Directional Movement: 9.5043
AROON (14): -50.0000
DEMA (21): 13.3526
Parabolic SAR (0,02-0,02-0,2): 13.2900
Elder Ray (13): 0.0226
Super Trend (3,10): 13.2749
Zig ZAG (10): 13.3609
VORTEX (21): 1.1770
Stochastique (14,3,5): 70.74
TEMA (21): 13.3507
Williams %R (14): -27.99
Chande Momentum Oscillator (20): 0.0065
Repulse (5,40,3): 0.1283
ROCnROLL: 1
TRIX (15,9): 0.0217
Courbe Coppock: 0.02
MA7: 13.1787
MA20: 13.1619
MA50: 13.1495
MA100: 13.0400
MAexp7: 13.3432
MAexp20: 13.3253
MAexp50: 13.2841
MAexp100: 13.2350
Price / MA7: +1.31%
Price / MA20: +1.44%
Price / MA50: +1.54%
Price / MA100: +2.39%
Price / MAexp7: +0.06%
Price / MAexp20: +0.20%
Price / MAexp50: +0.51%
Price / MAexp100: +0.88%

Quotes : - Real time data - Forex