AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
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High: -
High / Low range: -
Type: Forex
Ticker: AUDUSD
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AUD/USD - 1H - Technical analysis published on 06/03/2024 (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
44%
22%
33%
My opinion
Bullish above 0.6638 USD
My targets
0.6680 USD (+0.0023)
0.6700 USD (+0.0043)
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 0.6638 USD. The buyers' bullish objective is set at 0.6680 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6700 USD. If there is any crossing, the next objective would be the resistance located at 0.6864 USD.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.4

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

The AUD/USD rating is 0.6657 USD. The price has increased by +0.03% since the last closing and was traded between 0.6651 USD and 0.6658 USD over the period. The price is currently at +0.09% from its lowest and -0.02% from its highest.

0.6651
0.6658
0.6657

So that you have an overall view of the price change, here is a table showing the variations over several periods:
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


Technical analysis of AUD/USD in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6608 0.6629 0.6638 0.6657 0.6660 0.6680 0.6700
Change (%) -0.74% -0.42% -0.29% - +0.05% +0.35% +0.65%
Change -0.0049 -0.0028 -0.0019 - +0.0003 +0.0023 +0.0043
Level Minor Major Minor - Minor Intermediate Minor



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
Standard0.66320.66380.66460.66520.66600.66660.6674
Camarilla0.66510.66520.66540.66550.66560.66580.6659
Woodie0.66340.66390.66480.66530.66620.66670.6676
Fibonacci0.66380.66430.66460.66520.66570.66600.6666


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.65140.65520.66030.66410.66920.67300.6781
Camarilla0.66290.66370.66450.66530.66610.66690.6678
Woodie0.65200.65550.66090.66440.66980.67330.6787
Fibonacci0.65520.65860.66070.66410.66750.66960.6730


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62580.63620.65070.66110.67560.68600.7005
Camarilla0.65850.66070.66300.66530.66760.66990.6722
Woodie0.62800.63720.65290.66210.67780.68700.7027
Fibonacci0.63620.64570.65160.66110.67060.67650.6860

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): 56.33
MACD (12,26,9): 0.0005
Directional Movement: 6.3916
AROON (14): -14.2857
DEMA (21): 0.6654
Parabolic SAR (0,02-0,02-0,2): 0.6661
Elder Ray (13): 0.0004
Super Trend (3,10): 0.6632
Zig ZAG (10): 0.6652
VORTEX (21): 1.1041
Stochastique (14,3,5): 52.50
TEMA (21): 0.6655
Williams %R (14): -50.00
Chande Momentum Oscillator (20): -0.0014
Repulse (5,40,3): 0.0126
ROCnROLL: 1
TRIX (15,9): 0.0108
Courbe Coppock: 0.12
MA7: 0.6644
MA20: 0.6640
MA50: 0.6568
MA100: 0.6560
MAexp7: 0.6653
MAexp20: 0.6647
MAexp50: 0.6641
MAexp100: 0.6640
Price / MA7: +0.20%
Price / MA20: +0.26%
Price / MA50: +1.36%
Price / MA100: +1.48%
Price / MAexp7: +0.06%
Price / MAexp20: +0.15%
Price / MAexp50: +0.24%
Price / MAexp100: +0.26%

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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