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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
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AUD/USD - 1H - Technical analysis published on 06/04/2024 (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 bearish
Underlying: Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.6673 USD
My targets
0.6629 USD (-0.0019)
0.6592 USD (-0.0056)
My analysis
The strong short-term decline of AUD/USD reinforces the current slightly bearish trend. As long as the price remains below 0.6673 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 0.6629 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.6592 USD as an objective. Crossing it would then enable sellers to target 0.6552 USD. A return to above 0.6673 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
3.8

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

AUD/USD rating 0.6648 USD. The price is lower by -0.61% since the last closing and was between 0.6631 USD and 0.6699 USD. This implies that the price is at +0.26% from its lowest and at -0.76% from its highest.

0.6631
0.6699
0.6648

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:

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 this 1H chart of AUD/USD indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6552 0.6592 0.6629 0.6648 0.6653 0.6673 0.6700
Change (%) -1.44% -0.84% -0.29% - +0.08% +0.38% +0.78%
Change -0.0096 -0.0056 -0.0019 - +0.0005 +0.0025 +0.0052
Level Minor Intermediate Major - Minor Intermediate 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
Standard0.65860.66090.66490.66720.67120.67350.6775
Camarilla0.66720.66780.66830.66890.66950.67010.6706
Woodie0.65950.66130.66580.66760.67210.67390.6784
Fibonacci0.66090.66330.66480.66720.66960.67110.6735


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 36.61
MACD (12,26,9): -0.0006
Directional Movement: -10.0428
AROON (14): -71.4285
DEMA (21): 0.6653
Parabolic SAR (0,02-0,02-0,2): 0.6668
Elder Ray (13): -0.0011
Super Trend (3,10): 0.6668
Zig ZAG (10): 0.6640
VORTEX (21): 0.8421
Stochastique (14,3,5): 15.20
TEMA (21): 0.6643
Williams %R (14): -86.76
Chande Momentum Oscillator (20): -0.0036
Repulse (5,40,3): -0.1245
ROCnROLL: 2
TRIX (15,9): -0.0010
Courbe Coppock: 1.15
MA7: 0.6647
MA20: 0.6641
MA50: 0.6569
MA100: 0.6560
MAexp7: 0.6647
MAexp20: 0.6659
MAexp50: 0.6658
MAexp100: 0.6652
Price / MA7: +0.02%
Price / MA20: +0.11%
Price / MA50: +1.20%
Price / MA100: +1.34%
Price / MAexp7: +0.02%
Price / MAexp20: -0.17%
Price / MAexp50: -0.15%
Price / MAexp100: -0.06%

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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