AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDUSD
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AUD/USD - 1H - Technical analysis published on 05/31/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 0.6629 USD
My targets
0.6666 USD (+0.0022)
0.6680 USD (+0.0036)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on AUD/USD. This is a positive signal for buyers. As long as the price remains above 0.6629 USD, a purchase could be considered. The first bullish objective is located at 0.6666 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.6680 USD as an objective. Crossing it would then enable buyers to target 0.6700 USD. In the event of a return below 0.6629 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.5

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:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/USD rating 0.6644 USD. The price registered an increase of +0.23% on the session with the lowest point at 0.6626 USD and the highest point at 0.6673 USD. The deviation from the price is +0.27% for the low point and -0.43% for the high point.

0.6626
0.6673
0.6644

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



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 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 bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6608 0.6629 0.6638 0.6644 0.6648 0.6666 0.6680
Change (%) -0.54% -0.23% -0.09% - +0.06% +0.33% +0.54%
Change -0.0036 -0.0015 -0.0006 - +0.0004 +0.0022 +0.0036
Level Minor Major Intermediate - Minor Minor 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
Standard0.65400.65660.65970.66230.66540.66800.6711
Camarilla0.66130.66190.66240.66290.66340.66400.6645
Woodie0.65440.65670.66010.66240.66580.66810.6715
Fibonacci0.65660.65870.66010.66230.66440.66580.6680


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.64600.65260.65770.66430.66940.67600.6811
Camarilla0.65960.66070.66170.66280.66390.66500.6660
Woodie0.64530.65220.65700.66390.66870.67560.6804
Fibonacci0.65260.65710.65980.66430.66880.67150.6760


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

Technical indicators
Moving averages

RSI (14): 51.89
MACD (12,26,9): 0.0004
Directional Movement: 2.8410
AROON (14): 71.4286
DEMA (21): 0.6649
Parabolic SAR (0,02-0,02-0,2): 0.6670
Elder Ray (13): 0
Super Trend (3,10): 0.6632
Zig ZAG (10): 0.6642
VORTEX (21): 1.0622
Stochastique (14,3,5): 30.37
TEMA (21): 0.6650
Williams %R (14): -68.89
Chande Momentum Oscillator (20): 0.0005
Repulse (5,40,3): -0.1145
ROCnROLL: -1
TRIX (15,9): 0.0120
Courbe Coppock: 0.42
MA7: 0.6631
MA20: 0.6635
MA50: 0.6563
MA100: 0.6559
MAexp7: 0.6645
MAexp20: 0.6643
MAexp50: 0.6637
MAexp100: 0.6638
Price / MA7: +0.20%
Price / MA20: +0.14%
Price / MA50: +1.23%
Price / MA100: +1.30%
Price / MAexp7: -0.02%
Price / MAexp20: +0.02%
Price / MAexp50: +0.11%
Price / MAexp100: +0.09%

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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