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AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 05/09/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.6605 USD
My targets
0.6634 USD (+0.0017)
0.6650 USD (+0.0033)
My analysis
AUD/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.6605 USD. The next resistance located at 0.6634 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.6650 USD. After this resistance, buyers could then target 0.6864 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.2

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.

dtaccori
This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/USD rating is 0.6617 USD. On the day, this instrument gained +0.61% and was between 0.6565 USD and 0.6620 USD. This implies that the price is at +0.79% from its lowest and at -0.05% from its highest.

0.6565
0.6620
0.6617

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

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 Central Records scanner for higher/lower results shows the following items:

Central Records

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 LOW record (1 month)

Type : Bearish

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 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour



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

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6552 0.6586 0.6605 0.6617 0.6619 0.6634 0.6650
Change (%) -0.98% -0.47% -0.18% - +0.03% +0.26% +0.50%
Change -0.0065 -0.0031 -0.0012 - +0.0002 +0.0017 +0.0033
Level Intermediate Major Minor - Minor 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
Standard0.65230.65400.65590.65760.65950.66120.6631
Camarilla0.65670.65700.65740.65770.65800.65840.6587
Woodie0.65230.65410.65590.65770.65950.66130.6631
Fibonacci0.65400.65540.65630.65760.65900.65990.6612


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.63140.63900.64990.65750.66840.67600.6869
Camarilla0.65580.65750.65920.66090.66260.66430.6660
Woodie0.63320.63980.65170.65830.67020.67680.6887
Fibonacci0.63900.64600.65040.65750.66450.66890.6760


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.60600.62110.63430.64940.66260.67770.6909
Camarilla0.63970.64230.64490.64750.65010.65270.6553
Woodie0.60510.62060.63340.64890.66170.67720.6900
Fibonacci0.62110.63190.63860.64940.66020.66690.6777

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): 70.75
MACD (12,26,9): 0.0009
Directional Movement: 25.6516
AROON (14): 92.8571
DEMA (21): 0.6605
Parabolic SAR (0,02-0,02-0,2): 0.6583
Elder Ray (13): 0.0018
Super Trend (3,10): 0.6592
Zig ZAG (10): 0.6618
VORTEX (21): 1.1940
Stochastique (14,3,5): 95.46
TEMA (21): 0.6615
Williams %R (14): -5.45
Chande Momentum Oscillator (20): 0.0043
Repulse (5,40,3): 0.1266
ROCnROLL: 1
TRIX (15,9): 0.0117
Courbe Coppock: 0.98
MA7: 0.6588
MA20: 0.6512
MA50: 0.6540
MA100: 0.6577
MAexp7: 0.6609
MAexp20: 0.6595
MAexp50: 0.6590
MAexp100: 0.6587
Price / MA7: +0.44%
Price / MA20: +1.61%
Price / MA50: +1.18%
Price / MA100: +0.61%
Price / MAexp7: +0.14%
Price / MAexp20: +0.35%
Price / MAexp50: +0.42%
Price / MAexp100: +0.47%

Quotes : - Real time data - Forex

News


The last news published on AUD/USD at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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