AUD/USD

- USD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 05/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

11%

44%

My opinion

Bullish above 0.6662 USD

My targets

0.6714 USD (+0.0026)

0.6796 USD (+0.0108)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/USD. As long as you are above the support located at 0.6662 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.6714 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.6796 USD as an objective. Crossing it would then enable buyers to target 0.6864 USD. If the support 0.6662 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

2.1

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 dtaccori. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AUD/USD rating 0.6688 USD. The price registered a decrease of -0.06% on the session and was traded between 0.6686 USD and 0.6709 USD over the period. The price is currently at +0.03% from its lowest and -0.31% from its highest.

0.6686

0.6709

0.6688

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by AUD/USD:

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

Technical analysis of this 1H chart of AUD/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

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

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6586	0.6629	0.6684	0.6688	0.6714	0.6864	0.7143
Change (%)	-1.53%	-0.88%	-0.06%	-	+0.39%	+2.63%	+6.80%
Change	-0.0102	-0.0059	-0.0004	-	+0.0026	+0.0176	+0.0455
Level	Intermediate	Major	Intermediate	-	Intermediate	Major	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	0.6607	0.6627	0.6660	0.6680	0.6713	0.6733	0.6766
Camarilla	0.6677	0.6682	0.6687	0.6692	0.6697	0.6702	0.6707
Woodie	0.6613	0.6630	0.6666	0.6683	0.6719	0.6736	0.6772
Fibonacci	0.6627	0.6648	0.6660	0.6680	0.6701	0.6713	0.6733

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	49.45
MACD (12,26,9):	0.0004
Directional Movement:	6.0462
AROON (14):	57.1429
DEMA (21):	0.6700
Parabolic SAR (0,02-0,02-0,2):	0.6706
Elder Ray (13):	-0.0002
Super Trend (3,10):	0.6680
Zig ZAG (10):	0.6690
VORTEX (21):	1.0888
Stochastique (14,3,5):	18.33
TEMA (21):	0.6699
Williams %R (14):	-95.00
Chande Momentum Oscillator (20):	-0.0004
Repulse (5,40,3):	-0.1005
ROCnROLL:	-1
TRIX (15,9):	0.0140
Courbe Coppock:	0.10

MA7:	0.6657
MA20:	0.6590
MA50:	0.6552
MA100:	0.6566
MAexp7:	0.6695
MAexp20:	0.6693
MAexp50:	0.6683
MAexp100:	0.6668
Price / MA7:	+0.47%
Price / MA20:	+1.49%
Price / MA50:	+2.08%
Price / MA100:	+1.86%
Price / MAexp7:	-0.10%
Price / MAexp20:	-0.07%
Price / MAexp50:	+0.07%
Price / MAexp100:	+0.30%

Quotes : - Real time data - Forex

News

The last news published on AUD/USD at the time of the generation of this analysis was as follows:

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

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