Londinia Opportunities Analyses - 06/09/2023 (GMT) AUD/USD FULL1223 - 1H

AUD/USD FULL1223
- USD (-)
- 10 min delayed data - CME Globex Futures
Type: Futures
Ticker: AUDUSDXXXX
ISIN: AUDUSDXXXX

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
72%
11%
17%
My opinion
Bullish above 0.66900 USD
My targets
0.67525 USD (+0.48%)
0.67978 USD (+1.15%)
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/USD FULL0623 as long as the price remains well above 0.66900 USD. The buyers' bullish objective is set at 0.67525 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.67978 USD. If there is any crossing, the next objective would be the resistance located at 0.68879 USD. 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

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Additional analysis

Quotes

AUD/USD FULL0623 rating 0.67205 USD. The price has increased by +0.06% since the last closing with the lowest point at 0.66945 USD and the highest point at 0.67260 USD. The deviation from the price is +0.39% for the low point and -0.08% for the high point.

0.66945
0.67260
0.67205

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/USD FULL0623:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AUD/USD FULL0623 indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish 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, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.66436 0.66900 0.67198 0.67205 0.67978 0.68879 0.70217
Change (%) -1.14% -0.45% -0.01% - +1.15% +2.49% +4.48%
Change -0.00769 -0.00305 -0.00007 - +0.00773 +0.01674 +0.03012
Level Major Minor Intermediate - Major 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
Standard0.660830.663120.667380.669670.673930.676220.68048
Camarilla0.669850.670450.671050.671650.672250.672850.67345
Woodie0.661830.663610.668380.670160.674930.676710.68148
Fibonacci0.663120.665620.667170.669670.672170.673720.67622


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.632600.639450.650500.657350.668400.675250.68630
Camarilla0.656630.658270.659910.661550.663190.664830.66647
Woodie0.634700.640500.652600.658400.670500.676300.68840
Fibonacci0.639450.646290.650510.657350.664190.668410.67525


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.605230.625770.641730.662270.678230.698770.71473
Camarilla0.647660.651010.654350.657700.661050.664390.66774
Woodie0.602950.624630.639450.661130.675950.697630.71245
Fibonacci0.625770.639710.648320.662270.676210.684820.69877

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): 59.57
MACD (12,26,9): 0.0008
Directional Movement: 13.94731
AROON (14): 14.28572
DEMA (21): 0.67186
Parabolic SAR (0,02-0,02-0,2): 0.66970
Elder Ray (13): 0.00058
Super Trend (3,10): 0.66902
Zig ZAG (10): 0.67165
VORTEX (21): 1.1723
Stochastique (14,3,5): 78.31
TEMA (21): 0.67186
Williams %R (14): -31.75
Chande Momentum Oscillator (20): -0.00020
Repulse (5,40,3): 0.0296
ROCnROLL: 1
TRIX (15,9): 0.0186
Courbe Coppock: 0.03
MA7: 0.66541
MA20: 0.66156
MA50: 0.66729
MA100: 0.67595
MAexp7: 0.67144
MAexp20: 0.67080
MAexp50: 0.66918
MAexp100: 0.66660
Price / MA7: +1.00%
Price / MA20: +1.59%
Price / MA50: +0.71%
Price / MA100: -0.58%
Price / MAexp7: +0.09%
Price / MAexp20: +0.19%
Price / MAexp50: +0.43%
Price / MAexp100: +0.82%

Quotes : - 10 min delayed data - Futures CME Globex