AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
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High / Low range: -
Type: Forex
Ticker: AUDUSD
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AUD/USD - Daily - Technical analysis published on 11/18/2023 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.6434 USD
My targets
0.6576 USD (+0.0061)
0.6648 USD (+0.0133)
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 0.6434 USD. The buyers' bullish objective is set at 0.6576 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6648 USD. If there is any crossing, the next objective would be the resistance located at 0.6784 USD.

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
0
10
6.1

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

Additional analysis

Quotes

AUD/USD rating 0.6515 USD. The price registered an increase of +0.71% on the session and was between 0.6452 USD and 0.6516 USD. This implies that the price is at +0.98% from its lowest and at -0.02% from its highest.

0.6452
0.6516
0.6515

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

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 Daily chart of AUD/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

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 scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6374 0.6434 0.6498 0.6515 0.6576 0.6648 0.6784
Change (%) -2.16% -1.24% -0.26% - +0.94% +2.04% +4.13%
Change -0.0141 -0.0081 -0.0017 - +0.0061 +0.0133 +0.0269
Level Intermediate Minor Major - Minor Minor Major



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
Standard0.64090.64300.64730.64940.65370.65580.6601
Camarilla0.64970.65030.65090.65150.65210.65270.6533
Woodie0.64190.64360.64830.65000.65470.65640.6611
Fibonacci0.64300.64550.64700.64940.65190.65340.6558


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62020.62760.63950.64690.65880.66620.6781
Camarilla0.64620.64800.64970.65150.65330.65500.6568
Woodie0.62260.62870.64190.64800.66120.66730.6805
Fibonacci0.62760.63490.63950.64690.65420.65880.6662


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.60810.61760.62560.63510.64310.65260.6606
Camarilla0.62890.63050.63210.63370.63530.63690.6385
Woodie0.60750.61720.62500.63470.64250.65220.6600
Fibonacci0.61760.62430.62840.63510.64180.64590.6526

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): 60.12
MACD (12,26,9): 0.0027
Directional Movement: 9.3025
AROON (14): 78.5714
DEMA (21): 0.6453
Parabolic SAR (0,02-0,02-0,2): 0.6346
Elder Ray (13): 0.0043
Super Trend (3,10): 0.6312
Zig ZAG (10): 0.6515
VORTEX (21): 1.1129
Stochastique (14,3,5): 80.99
TEMA (21): 0.6485
Williams %R (14): -11.84
Chande Momentum Oscillator (20): 0.0092
Repulse (5,40,3): 1.2875
ROCnROLL: 1
TRIX (15,9): 0.0338
Courbe Coppock: 3.25
MA7: 0.6442
MA20: 0.6407
MA50: 0.6396
MA100: 0.6488
MAexp7: 0.6465
MAexp20: 0.6424
MAexp50: 0.6421
MAexp100: 0.6476
Price / MA7: +1.13%
Price / MA20: +1.69%
Price / MA50: +1.86%
Price / MA100: +0.42%
Price / MAexp7: +0.77%
Price / MAexp20: +1.42%
Price / MAexp50: +1.46%
Price / MAexp100: +0.60%

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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