AUD/USD

- USD (-)

- Real time data - Forex

Open:	-
Change:	-
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Low:	-
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High / Low range:	-

Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 05/17/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

33%

My opinion

Bearish under 0.6683 USD

My targets

0.6654 USD (-0.0010)

0.6629 USD (-0.0035)

My analysis

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for AUD/USD as long as the price remains well below 0.6683 USD. The next bearish objective for sellers is set at 0.6654 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6629 USD. In case of crossing, the next objective would be the support located at 0.6586 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 0.6654 USD. With this support, against the trend traders who want to buy AUD/USD on a buy signal from their trading strategy should not hesitate to act.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

0.7

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 price is 0.6664 USD. The price registered a decrease of -0.27% on the session with the lowest point at 0.6648 USD and the highest point at 0.6684 USD. The deviation from the price is +0.24% for the low point and -0.30% for the high point.

0.6648

0.6684

0.6664

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, 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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AUD/USD chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6586	0.6629	0.6654	0.6664	0.6683	0.6695	0.6714
Change (%)	-1.17%	-0.53%	-0.15%	-	+0.29%	+0.47%	+0.75%
Change	-0.0078	-0.0035	-0.0010	-	+0.0019	+0.0031	+0.0050
Level	Intermediate	Major	Minor	-	Major	Minor	Minor

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
Standard	0.6593	0.6623	0.6653	0.6683	0.6713	0.6743	0.6773
Camarilla	0.6666	0.6671	0.6677	0.6682	0.6688	0.6693	0.6699
Woodie	0.6592	0.6623	0.6652	0.6683	0.6712	0.6743	0.6772
Fibonacci	0.6623	0.6646	0.6660	0.6683	0.6706	0.6720	0.6743

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	45.74
MACD (12,26,9):	-0.0005
Directional Movement:	-1.3790
AROON (14):	-78.5714
DEMA (21):	0.6660
Parabolic SAR (0,02-0,02-0,2):	0.6675
Elder Ray (13):	-0.0004
Super Trend (3,10):	0.6679
Zig ZAG (10):	0.6662
VORTEX (21):	0.9017
Stochastique (14,3,5):	25.93
TEMA (21):	0.6654
Williams %R (14):	-61.11
Chande Momentum Oscillator (20):	-0.0011
Repulse (5,40,3):	0.1290
ROCnROLL:	2
TRIX (15,9):	-0.0081
Courbe Coppock:	0.55

MA7:	0.6642
MA20:	0.6576
MA50:	0.6550
MA100:	0.6567
MAexp7:	0.6659
MAexp20:	0.6666
MAexp50:	0.6665
MAexp100:	0.6652
Price / MA7:	+0.33%
Price / MA20:	+1.34%
Price / MA50:	+1.74%
Price / MA100:	+1.48%
Price / MAexp7:	+0.08%
Price / MAexp20:	-0.03%
Price / MAexp50:	-0.02%
Price / MAexp100:	+0.18%

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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