AUD/USD

- USD (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - Daily - Technical analysis published on 05/20/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

22%

My opinion

Bullish above 0.6629 USD

My targets

0.6864 USD (+0.0162)

0.7143 USD (+0.0441)

My analysis

AUD/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.6629 USD. The next resistance located at 0.6864 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.7143 USD. After this resistance, buyers could then target 0.7589 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.1

Comment on the 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 Barts_XV. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/USD price is 0.6702 USD. The price has increased by +0.05% since the last closing and was traded between 0.6693 USD and 0.6708 USD over the period. The price is currently at +0.13% from its lowest and -0.09% from its highest.

0.6693

0.6708

0.6702

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this AUD/USD chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6490	0.6629	0.6684	0.6702	0.6864	0.7143	0.7589
Change (%)	-3.16%	-1.09%	-0.27%	-	+2.42%	+6.58%	+13.23%
Change	-0.0212	-0.0073	-0.0018	-	+0.0162	+0.0441	+0.0887
Level	Minor	Major	Intermediate	-	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
Standard	0.6676	0.6682	0.6691	0.6697	0.6706	0.6712	0.6721
Camarilla	0.6695	0.6696	0.6698	0.6699	0.6700	0.6702	0.6703
Woodie	0.6677	0.6683	0.6692	0.6698	0.6707	0.6713	0.6722
Fibonacci	0.6682	0.6688	0.6692	0.6697	0.6703	0.6707	0.6712

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6476	0.6528	0.6610	0.6662	0.6744	0.6796	0.6878
Camarilla	0.6655	0.6667	0.6680	0.6692	0.6704	0.6717	0.6729
Woodie	0.6491	0.6536	0.6625	0.6670	0.6759	0.6804	0.6893
Fibonacci	0.6528	0.6579	0.6611	0.6662	0.6713	0.6745	0.6796

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6060	0.6211	0.6343	0.6494	0.6626	0.6777	0.6909
Camarilla	0.6397	0.6423	0.6449	0.6475	0.6501	0.6527	0.6553
Woodie	0.6051	0.6206	0.6334	0.6489	0.6617	0.6772	0.6900
Fibonacci	0.6211	0.6319	0.6386	0.6494	0.6602	0.6669	0.6777

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):	65.36
MACD (12,26,9):	0.0046
Directional Movement:	11.7670
AROON (14):	78.5714
DEMA (21):	0.6670
Parabolic SAR (0,02-0,02-0,2):	0.6602
Elder Ray (13):	0.0058
Super Trend (3,10):	0.6557
Zig ZAG (10):	0.6702
VORTEX (21):	1.2617
Stochastique (14,3,5):	93.20
TEMA (21):	0.6706
Williams %R (14):	-5.53
Chande Momentum Oscillator (20):	0.0094
Repulse (5,40,3):	0.6828
ROCnROLL:	1
TRIX (15,9):	0.0732
Courbe Coppock:	4.25

MA7:	0.6673
MA20:	0.6601
MA50:	0.6554
MA100:	0.6566
MAexp7:	0.6674
MAexp20:	0.6616
MAexp50:	0.6576
MAexp100:	0.6567
Price / MA7:	+0.43%
Price / MA20:	+1.53%
Price / MA50:	+2.26%
Price / MA100:	+2.07%
Price / MAexp7:	+0.42%
Price / MAexp20:	+1.30%
Price / MAexp50:	+1.92%
Price / MAexp100:	+2.06%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on AUD/USD. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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