AUD/MXN - 1H - Technical analysis published on 01/06/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
28%
50%
My opinion
Bearish under 13.0733 MXN
My targets
13.0085 MXN (-0.0396)
12.8120 MXN (-0.2361)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/MXN as long as the price remains well below 13.0733 MXN. The sellers' bearish objective is set at 13.0085 MXN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 12.8120 MXN. In case of crossing, the next objective would be the support located at 12.3919 MXN. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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
The AUD/MXN rating is 13.0481 MXN. The price registered a decrease of -0.01% on the session with the lowest point at 13.0313 MXN and the highest point at 13.0971 MXN. The deviation from the price is +0.13% for the low point and -0.37% for the high point.13.0313
13.0971
13.0481
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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/MXN chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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.
On the 18 technical indicators analysed, 4 are bullish, 9 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.3919 | 13.0085 | 13.0356 | 13.0481 | 13.0733 | 13.1435 | 13.2271 |
| Change (%) | -5.03% | -0.30% | -0.10% | - | +0.19% | +0.73% | +1.37% |
| Change | -0.6562 | -0.0396 | -0.0125 | - | +0.0252 | +0.0954 | +0.1790 |
| Level | Major | Minor | Major | - | Major | Minor | Minor |
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 | 12.7243 | 12.8796 | 12.9644 | 13.1197 | 13.2045 | 13.3598 | 13.4446 |
| Camarilla | 12.9831 | 13.0051 | 13.0271 | 13.0491 | 13.0711 | 13.0931 | 13.1151 |
| Woodie | 12.6890 | 12.8620 | 12.9291 | 13.1021 | 13.1692 | 13.3422 | 13.4093 |
| Fibonacci | 12.8796 | 12.9714 | 13.0280 | 13.1197 | 13.2115 | 13.2681 | 13.3598 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.6730 | 12.8120 | 13.0504 | 13.1894 | 13.4278 | 13.5668 | 13.8052 |
| Camarilla | 13.1850 | 13.2196 | 13.2542 | 13.2888 | 13.3234 | 13.3580 | 13.3926 |
| Woodie | 12.7227 | 12.8369 | 13.1001 | 13.2143 | 13.4775 | 13.5917 | 13.8549 |
| Fibonacci | 12.8120 | 12.9562 | 13.0452 | 13.1894 | 13.3336 | 13.4226 | 13.5668 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.3318 | 12.6414 | 12.9651 | 13.2747 | 13.5984 | 13.9080 | 14.2317 |
| Camarilla | 13.1146 | 13.1727 | 13.2308 | 13.2888 | 13.3469 | 13.4049 | 13.4630 |
| Woodie | 12.3389 | 12.6449 | 12.9722 | 13.2782 | 13.6055 | 13.9115 | 14.2388 |
| Fibonacci | 12.6414 | 12.8833 | 13.0328 | 13.2747 | 13.5166 | 13.6661 | 13.9080 |
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): | 37.46 | |
| MACD (12,26,9): | -0.0348 | |
| Directional Movement: | -8.0203 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 13.0359 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.0826 | |
| Elder Ray (13): | -0.0142 | |
| Super Trend (3,10): | 13.1528 | |
| Zig ZAG (10): | 13.0473 | |
| VORTEX (21): | 0.8041 | |
| Stochastique (14,3,5): | 26.64 | |
| TEMA (21): | 13.0246 | |
| Williams %R (14): | -79.94 | |
| Chande Momentum Oscillator (20): | -0.0124 | |
| Repulse (5,40,3): | -0.1583 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0447 | |
| Courbe Coppock: | 0.66 |
| MA7: | 13.1572 | |
| MA20: | 13.1935 | |
| MA50: | 13.0390 | |
| MA100: | 13.1137 | |
| MAexp7: | 13.0543 | |
| MAexp20: | 13.0834 | |
| MAexp50: | 13.1332 | |
| MAexp100: | 13.1551 | |
| Price / MA7: | -0.83% | |
| Price / MA20: | -1.10% | |
| Price / MA50: | +0.07% | |
| Price / MA100: | -0.50% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.27% | |
| Price / MAexp50: | -0.65% | |
| Price / MAexp100: | -0.81% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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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…
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