AUD/MXN - 1H - Technical analysis published on 04/16/2024 (GMT)
- 82
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
22%
39%
39%
My opinion
Neutral between 10.7220 MXN and 10.8346 MXN
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 10.8346 MXN. The first support is located at 10.7220 MXN. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by AUD/MXN.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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:
Additional analysis
Quotes
AUD/MXN rating 10.7621 MXN. The price registered a decrease of -0.02% on the session and was traded between 10.7296 MXN and 10.7740 MXN over the period. The price is currently at +0.30% from its lowest and -0.11% from its highest.10.7296
10.7740
10.7621
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/MXN in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the slightly bullish signals currently given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 7 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8.1752 | 10.6863 | 10.7220 | 10.7621 | 10.7654 | 10.8346 | 10.8813 |
| Change (%) | -24.04% | -0.70% | -0.37% | - | +0.03% | +0.67% | +1.11% |
| Change | -2.5869 | -0.0758 | -0.0401 | - | +0.0033 | +0.0725 | +0.1192 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.6484 | 10.6861 | 10.7250 | 10.7627 | 10.8016 | 10.8393 | 10.8782 |
| Camarilla | 10.7427 | 10.7498 | 10.7568 | 10.7638 | 10.7708 | 10.7778 | 10.7849 |
| Woodie | 10.6489 | 10.6864 | 10.7255 | 10.7630 | 10.8021 | 10.8396 | 10.8787 |
| Fibonacci | 10.6861 | 10.7154 | 10.7335 | 10.7627 | 10.7920 | 10.8101 | 10.8393 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.4722 | 10.5792 | 10.6672 | 10.7742 | 10.8622 | 10.9692 | 11.0572 |
| Camarilla | 10.7015 | 10.7194 | 10.7372 | 10.7551 | 10.7730 | 10.7909 | 10.8087 |
| Woodie | 10.4626 | 10.5745 | 10.6576 | 10.7695 | 10.8526 | 10.9645 | 11.0476 |
| Fibonacci | 10.5792 | 10.6537 | 10.6997 | 10.7742 | 10.8487 | 10.8947 | 10.9692 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.1391 | 10.4463 | 10.6141 | 10.9213 | 11.0891 | 11.3963 | 11.5641 |
| Camarilla | 10.6514 | 10.6949 | 10.7385 | 10.7820 | 10.8255 | 10.8691 | 10.9126 |
| Woodie | 10.0695 | 10.4115 | 10.5445 | 10.8865 | 11.0195 | 11.3615 | 11.4945 |
| Fibonacci | 10.4463 | 10.6277 | 10.7398 | 10.9213 | 11.1027 | 11.2148 | 11.3963 |
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): | 48.82 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 1.2583 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 10.7629 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.7888 | |
| Elder Ray (13): | 0.0040 | |
| Super Trend (3,10): | 10.7189 | |
| Zig ZAG (10): | 10.7600 | |
| VORTEX (21): | 1.0373 | |
| Stochastique (14,3,5): | 53.19 | |
| TEMA (21): | 10.7620 | |
| Williams %R (14): | -51.96 | |
| Chande Momentum Oscillator (20): | -0.0124 | |
| Repulse (5,40,3): | 0.0009 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0020 | |
| Courbe Coppock: | 0.06 |
| MA7: | 10.7705 | |
| MA20: | 10.8340 | |
| MA50: | 10.9994 | |
| MA100: | 11.1976 | |
| MAexp7: | 10.7619 | |
| MAexp20: | 10.7615 | |
| MAexp50: | 10.7595 | |
| MAexp100: | 10.7653 | |
| Price / MA7: | -0.08% | |
| Price / MA20: | -0.66% | |
| Price / MA50: | -2.16% | |
| Price / MA100: | -3.89% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | -0.03% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis AUD/MXN - 1H