AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: AUDUSD
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AUD/USD - Daily - Technical analysis published on 01/11/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.6870 USD
My targets
0.7043 USD (+0.0136)
0.7122 USD (+0.0215)
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 0.6870 USD. The buyers' bullish objective is set at 0.7043 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.7122 USD. If there is any crossing, the next objective would be the resistance located at 0.7263 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

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 Tikeuz. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AUD/USD rating is 0.6907 USD. On the day, this instrument gained +0.20% with the lowest point at 0.6873 USD and the highest point at 0.6926 USD. The deviation from the price is +0.49% for the low point and -0.27% for the high point.

0.6873
0.6926
0.6907

Here is a more detailed summary of the historical variations registered by AUD/USD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 AUD/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6607 0.6731 0.6870 0.6907 0.7122 0.7263 0.7377
Change (%) -4.34% -2.55% -0.54% - +3.11% +5.15% +6.80%
Change -0.0300 -0.0176 -0.0037 - +0.0215 +0.0356 +0.0470
Level Minor Major Major - Major 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
Standard0.67910.68260.68590.68940.69270.69620.6995
Camarilla0.68740.68810.68870.68930.68990.69060.6912
Woodie0.67910.68260.68590.68940.69270.69620.6995
Fibonacci0.68260.68520.68680.68940.69200.69360.6962


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.65450.66160.67440.68150.69430.70140.7142
Camarilla0.68160.68350.68530.68710.68890.69080.6926
Woodie0.65730.66300.67720.68290.69710.70280.7170
Fibonacci0.66160.66920.67390.68150.68910.69380.7014


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.63980.65130.66630.67780.69280.70430.7193
Camarilla0.67390.67630.67880.68120.68360.68610.6885
Woodie0.64150.65220.66800.67870.69450.70520.7210
Fibonacci0.65130.66150.66770.67780.68800.69420.7043

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): 60.65
MACD (12,26,9): 0.0048
Directional Movement: 7.0418
AROON (14): 85.7143
DEMA (21): 0.6857
Parabolic SAR (0,02-0,02-0,2): 0.6749
Elder Ray (13): 0.0077
Super Trend (3,10): 0.6621
Zig ZAG (10): 0.6904
VORTEX (21): 1.0672
Stochastique (14,3,5): 83.94
TEMA (21): 0.6870
Williams %R (14): -15.17
Chande Momentum Oscillator (20): 0.0161
Repulse (5,40,3): 0.7338
ROCnROLL: 1
TRIX (15,9): 0.0716
Courbe Coppock: 4.03
MA7: 0.6841
MA20: 0.6769
MA50: 0.6716
MA100: 0.6635
MAexp7: 0.6858
MAexp20: 0.6797
MAexp50: 0.6727
MAexp100: 0.6723
Price / MA7: +0.96%
Price / MA20: +2.04%
Price / MA50: +2.84%
Price / MA100: +4.10%
Price / MAexp7: +0.71%
Price / MAexp20: +1.62%
Price / MAexp50: +2.68%
Price / MAexp100: +2.74%

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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