AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 07/26/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

50%

11%

39%

My opinion

Bearish under 0.6583 USD

My targets

0.6514 USD (-0.0039)

0.6453 USD (-0.0100)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.6583 USD remains possible. It is advisable to trade AUD/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.6583 USD. The next bearish objective for sellers is set at 0.6514 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6453 USD. In case of crossing, the next objective would be the support located at 0.6361 USD. PS: if there is a bullish break in the resistance located at 0.6583 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

1.3

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 Edd8011. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AUD/USD rating 0.6553 USD. The price registered an increase of +0.20% on the session with the lowest point at 0.6539 USD and the highest point at 0.6555 USD. The deviation from the price is +0.21% for the low point and -0.03% for the high point.

0.6539

0.6555

0.6553

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:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AUD/USD chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

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	0.6453	0.6514	0.6552	0.6553	0.6583	0.6610	0.6632
Change (%)	-1.53%	-0.60%	-0.02%	-	+0.46%	+0.87%	+1.21%
Change	-0.0100	-0.0039	-0.0001	-	+0.0030	+0.0057	+0.0079
Level	Major	Intermediate	Major	-	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	0.6451	0.6483	0.6511	0.6543	0.6571	0.6603	0.6631
Camarilla	0.6524	0.6529	0.6535	0.6540	0.6546	0.6551	0.6557
Woodie	0.6450	0.6482	0.6510	0.6542	0.6570	0.6602	0.6630
Fibonacci	0.6483	0.6506	0.6520	0.6543	0.6566	0.6580	0.6603

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6537	0.6608	0.6646	0.6717	0.6755	0.6826	0.6864
Camarilla	0.6653	0.6663	0.6673	0.6683	0.6693	0.6703	0.6713
Woodie	0.6520	0.6600	0.6629	0.6709	0.6738	0.6818	0.6847
Fibonacci	0.6608	0.6650	0.6676	0.6717	0.6759	0.6785	0.6826

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6466	0.6521	0.6595	0.6650	0.6724	0.6779	0.6853
Camarilla	0.6634	0.6645	0.6657	0.6669	0.6681	0.6693	0.6705
Woodie	0.6476	0.6526	0.6605	0.6655	0.6734	0.6784	0.6863
Fibonacci	0.6521	0.6570	0.6601	0.6650	0.6699	0.6730	0.6779

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	51.95
MACD (12,26,9):	-0.0003
Directional Movement:	2.5556
AROON (14):	-21.4285
DEMA (21):	0.6541
Parabolic SAR (0,02-0,02-0,2):	0.6543
Elder Ray (13):	0.0005
Super Trend (3,10):	0.6525
Zig ZAG (10):	0.6554
VORTEX (21):	1.1126
Stochastique (14,3,5):	66.74
TEMA (21):	0.6549
Williams %R (14):	-28.57
Chande Momentum Oscillator (20):	-0.0003
Repulse (5,40,3):	0.1141
ROCnROLL:	-1
TRIX (15,9):	-0.0147
Courbe Coppock:	0.24

MA7:	0.6615
MA20:	0.6691
MA50:	0.6662
MA100:	0.6606
MAexp7:	0.6549
MAexp20:	0.6548
MAexp50:	0.6565
MAexp100:	0.6597
Price / MA7:	-0.94%
Price / MA20:	-2.06%
Price / MA50:	-1.64%
Price / MA100:	-0.80%
Price / MAexp7:	+0.06%
Price / MAexp20:	+0.08%
Price / MAexp50:	-0.18%
Price / MAexp100:	-0.67%

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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