AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 05/16/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

44%

22%

33%

My opinion

Bullish above 0.6629 USD

My targets

0.6695 USD (+0.0014)

0.6731 USD (+0.0050)

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 0.6629 USD. The buyers' bullish objective is set at 0.6695 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6731 USD. If there is any crossing, the next objective would be the resistance located at 0.6864 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

Comment on the analysis

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 dtaccori. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/USD rating is 0.6681 USD. On the day, this instrument lost -0.28% with the lowest point at 0.6654 USD and the highest point at 0.6714 USD. The deviation from the price is +0.41% for the low point and -0.49% for the high point.

0.6654

0.6714

0.6681

Here is a more detailed summary of the historical variations registered by AUD/USD:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AUD/USD indicates that the overall trend is strongly bullish. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6586	0.6629	0.6675	0.6681	0.6695	0.6864	0.7143
Change (%)	-1.42%	-0.78%	-0.09%	-	+0.21%	+2.74%	+6.92%
Change	-0.0095	-0.0052	-0.0006	-	+0.0014	+0.0183	+0.0462
Level	Intermediate	Major	Minor	-	Minor	Major	Intermediate

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	0.6567	0.6595	0.6647	0.6675	0.6727	0.6755	0.6807
Camarilla	0.6678	0.6685	0.6693	0.6700	0.6707	0.6715	0.6722
Woodie	0.6580	0.6601	0.6660	0.6681	0.6740	0.6761	0.6820
Fibonacci	0.6595	0.6625	0.6644	0.6675	0.6705	0.6724	0.6755

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6473	0.6515	0.6559	0.6601	0.6645	0.6687	0.6731
Camarilla	0.6578	0.6586	0.6594	0.6602	0.6610	0.6618	0.6626
Woodie	0.6473	0.6516	0.6559	0.6602	0.6645	0.6688	0.6731
Fibonacci	0.6515	0.6548	0.6569	0.6601	0.6634	0.6655	0.6687

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6060	0.6211	0.6343	0.6494	0.6626	0.6777	0.6909
Camarilla	0.6397	0.6423	0.6449	0.6475	0.6501	0.6527	0.6553
Woodie	0.6051	0.6206	0.6334	0.6489	0.6617	0.6772	0.6900
Fibonacci	0.6211	0.6319	0.6386	0.6494	0.6602	0.6669	0.6777

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):	53.20
MACD (12,26,9):	0.0002
Directional Movement:	4.9871
AROON (14):	-85.7143
DEMA (21):	0.6681
Parabolic SAR (0,02-0,02-0,2):	0.6694
Elder Ray (13):	0.0001
Super Trend (3,10):	0.6698
Zig ZAG (10):	0.6679
VORTEX (21):	0.9504
Stochastique (14,3,5):	35.67
TEMA (21):	0.6674
Williams %R (14):	-40.91
Chande Momentum Oscillator (20):	-0.0012
Repulse (5,40,3):	0.1906
ROCnROLL:	1
TRIX (15,9):	0.0129
Courbe Coppock:	0.64

MA7:	0.6630
MA20:	0.6564
MA50:	0.6550
MA100:	0.6569
MAexp7:	0.6675
MAexp20:	0.6676
MAexp50:	0.6662
MAexp100:	0.6643
Price / MA7:	+0.77%
Price / MA20:	+1.78%
Price / MA50:	+2.00%
Price / MA100:	+1.70%
Price / MAexp7:	+0.07%
Price / MAexp20:	+0.06%
Price / MAexp50:	+0.27%
Price / MAexp100:	+0.56%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on AUD/USD. At the time of publication of this analysis, the latest news was as follows:

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

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