Londinia Opportunities Analyses - 04/25/2024 (GMT) AUD/USD - 1H

- USD (-)

- Real time data - Forex

Type:	Forex
Ticker:	AUDUSD
ISIN:

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.

FX/Indices
Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 0.6504 USD

My targets

0.6555 USD (+0.0031)

0.6631 USD (+0.0107)

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 as long as the price remains well above 0.6504 USD. The buyers' bullish objective is set at 0.6555 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6631 USD. If there is any crossing, the next objective would be the resistance located at 0.6787 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

7.9

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.

Additional analysis

Quotes

The AUD/USD price is 0.6524 USD. On the day, this instrument gained +0.42% and was traded between 0.6485 USD and 0.6539 USD over the period. The price is currently at +0.60% from its lowest and -0.23% from its highest.

0.6485

0.6539

0.6524

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AUD/USD 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6456	0.6490	0.6504	0.6524	0.6530	0.6631	0.6787
Change (%)	-1.04%	-0.52%	-0.31%	-	+0.09%	+1.64%	+4.03%
Change	-0.0068	-0.0034	-0.0020	-	+0.0006	+0.0107	+0.0263
Level	Intermediate	Major	Minor	-	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
Standard	0.6430	0.6456	0.6477	0.6503	0.6524	0.6550	0.6571
Camarilla	0.6484	0.6488	0.6493	0.6497	0.6501	0.6506	0.6510
Woodie	0.6427	0.6455	0.6474	0.6502	0.6521	0.6549	0.6568
Fibonacci	0.6456	0.6474	0.6485	0.6503	0.6521	0.6532	0.6550

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6224	0.6293	0.6355	0.6424	0.6486	0.6555	0.6617
Camarilla	0.6381	0.6393	0.6405	0.6417	0.6429	0.6441	0.6453
Woodie	0.6221	0.6291	0.6352	0.6422	0.6483	0.6553	0.6614
Fibonacci	0.6293	0.6343	0.6374	0.6424	0.6474	0.6505	0.6555

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6249	0.6363	0.6439	0.6553	0.6629	0.6743	0.6819
Camarilla	0.6462	0.6479	0.6497	0.6514	0.6531	0.6549	0.6566
Woodie	0.6229	0.6354	0.6419	0.6544	0.6609	0.6734	0.6799
Fibonacci	0.6363	0.6436	0.6481	0.6553	0.6626	0.6671	0.6743

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):	58.55
MACD (12,26,9):	0.0005
Directional Movement:	5.3402
AROON (14):	-7.1428
DEMA (21):	0.6520
Parabolic SAR (0,02-0,02-0,2):	0.6486
Elder Ray (13):	0.0007
Super Trend (3,10):	0.6533
Zig ZAG (10):	0.6525
VORTEX (21):	1.0798
Stochastique (14,3,5):	68.52
TEMA (21):	0.6520
Williams %R (14):	-29.63
Chande Momentum Oscillator (20):	-0.0008
Repulse (5,40,3):	0.1320
ROCnROLL:	1
TRIX (15,9):	0.0088
Courbe Coppock:	0.02

MA7:	0.6463
MA20:	0.6504
MA50:	0.6533
MA100:	0.6584
MAexp7:	0.6519
MAexp20:	0.6514
MAexp50:	0.6503
MAexp100:	0.6487
Price / MA7:	+0.94%
Price / MA20:	+0.31%
Price / MA50:	-0.14%
Price / MA100:	-0.91%
Price / MAexp7:	+0.08%
Price / MAexp20:	+0.15%
Price / MAexp50:	+0.32%
Price / MAexp100:	+0.57%

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: