AUD/MXN - 1H - Technical analysis published on 11/27/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
50%
33%
My opinion
Bullish above 13.3578 MXN
My targets
13.3971 MXN (+0.0153)
13.4445 MXN (+0.0627)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 13.3578 MXN remains possible. It is advisable to trade AUD/MXN with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 13.3578 MXN. The next bullish objective for buyers is set at 13.3971 MXN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13.4445 MXN. If there is any crossing, the next objective would be the resistance located at 13.5949 MXN. PS: if there is a bearish break in the support located at 13.3578 MXN we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.4
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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 13.3818 MXN. The price registered an increase of +0.00% on the session with the lowest point at 13.3346 MXN and the highest point at 13.4737 MXN. The deviation from the price is +0.35% for the low point and -0.68% for the high point.13.3346
13.4737
13.3818
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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/MXN in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.2336 | 13.2826 | 13.3578 | 13.3818 | 13.3971 | 13.4445 | 13.5949 |
| Change (%) | -1.11% | -0.74% | -0.18% | - | +0.11% | +0.47% | +1.59% |
| Change | -0.1482 | -0.0992 | -0.0240 | - | +0.0153 | +0.0627 | +0.2131 |
| Level | Minor | Minor | Minor | - | Minor | Intermediate | Major |
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 | 13.1333 | 13.2080 | 13.2951 | 13.3698 | 13.4569 | 13.5316 | 13.6187 |
| Camarilla | 13.3377 | 13.3525 | 13.3674 | 13.3822 | 13.3970 | 13.4119 | 13.4267 |
| Woodie | 13.1395 | 13.2111 | 13.3013 | 13.3729 | 13.4631 | 13.5347 | 13.6249 |
| Fibonacci | 13.2080 | 13.2698 | 13.3080 | 13.3698 | 13.4316 | 13.4698 | 13.5316 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.8719 | 12.9831 | 13.1354 | 13.2466 | 13.3989 | 13.5101 | 13.6624 |
| Camarilla | 13.2152 | 13.2394 | 13.2636 | 13.2877 | 13.3119 | 13.3360 | 13.3602 |
| Woodie | 12.8925 | 12.9934 | 13.1560 | 13.2569 | 13.4195 | 13.5204 | 13.6830 |
| Fibonacci | 12.9831 | 13.0838 | 13.1459 | 13.2466 | 13.3473 | 13.4094 | 13.5101 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.1415 | 12.5350 | 12.8621 | 13.2556 | 13.5827 | 13.9762 | 14.3033 |
| Camarilla | 12.9909 | 13.0570 | 13.1231 | 13.1891 | 13.2552 | 13.3212 | 13.3873 |
| Woodie | 12.1082 | 12.5184 | 12.8288 | 13.2390 | 13.5494 | 13.9596 | 14.2700 |
| Fibonacci | 12.5350 | 12.8103 | 12.9804 | 13.2556 | 13.5309 | 13.7010 | 13.9762 |
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): | 47.04 | |
| MACD (12,26,9): | 0.0028 | |
| Directional Movement: | -1.2109 | |
| AROON (14): | -28.5715 | |
| DEMA (21): | 13.4061 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.4418 | |
| Elder Ray (13): | -0.0109 | |
| Super Trend (3,10): | 13.3190 | |
| Zig ZAG (10): | 13.3801 | |
| VORTEX (21): | 0.9947 | |
| Stochastique (14,3,5): | 33.31 | |
| TEMA (21): | 13.3901 | |
| Williams %R (14): | -67.79 | |
| Chande Momentum Oscillator (20): | -0.0365 | |
| Repulse (5,40,3): | -0.0710 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0130 | |
| Courbe Coppock: | 0.42 |
| MA7: | 13.2887 | |
| MA20: | 13.2770 | |
| MA50: | 13.2601 | |
| MA100: | 12.9643 | |
| MAexp7: | 13.3901 | |
| MAexp20: | 13.3977 | |
| MAexp50: | 13.3719 | |
| MAexp100: | 13.3340 | |
| Price / MA7: | +0.70% | |
| Price / MA20: | +0.79% | |
| Price / MA50: | +0.92% | |
| Price / MA100: | +3.22% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.36% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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