AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDUSD
ISIN:

AUD/USD - Daily - Technical analysis published on 07/27/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 0.6632 USD
My targets
0.6453 USD (-0.0095)
0.6361 USD (-0.0187)
My analysis
AUD/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.6632 USD. The next support located at 0.6453 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.6361 USD. Below this support, sellers could then target 0.6294 USD.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
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 Edd8011. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AUD/USD price is 0.6548 USD. The price registered an increase of +0.12% on the session with the lowest point at 0.6539 USD and the highest point at 0.6569 USD. The deviation from the price is +0.14% for the low point and -0.32% for the high point.

0.6539
0.6569
0.6548

Here is a more detailed summary of the historical variations registered by AUD/USD:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 Daily of this AUD/USD chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : Daily



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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6294 0.6361 0.6453 0.6548 0.6632 0.6700 0.6784
Change (%) -3.88% -2.86% -1.45% - +1.28% +2.32% +3.60%
Change -0.0254 -0.0187 -0.0095 - +0.0084 +0.0152 +0.0236
Level Major Minor Major - Intermediate Major 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
Standard0.65050.65220.65350.65520.65650.65820.6595
Camarilla0.65400.65430.65450.65480.65510.65540.6556
Woodie0.65030.65210.65330.65510.65630.65810.6593
Fibonacci0.65220.65340.65410.65520.65640.65710.6582


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62850.63990.64740.65880.66630.67770.6852
Camarilla0.64960.65130.65310.65480.65650.65830.6600
Woodie0.62650.63890.64540.65780.66430.67670.6832
Fibonacci0.63990.64720.65160.65880.66610.67050.6777


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.64660.65210.65950.66500.67240.67790.6853
Camarilla0.66340.66450.66570.66690.66810.66930.6705
Woodie0.64760.65260.66050.66550.67340.67840.6863
Fibonacci0.65210.65700.66010.66500.66990.67300.6779

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): 29.94
MACD (12,26,9): -0.0024
Directional Movement: -22.9372
AROON (14): -71.4285
DEMA (21): 0.6640
Parabolic SAR (0,02-0,02-0,2): 0.6721
Elder Ray (13): -0.0088
Super Trend (3,10): 0.6676
Zig ZAG (10): 0.6548
VORTEX (21): 0.8852
Stochastique (14,3,5): 7.31
TEMA (21): 0.6601
Williams %R (14): -88.07
Chande Momentum Oscillator (20): -0.0203
Repulse (5,40,3): -1.1758
ROCnROLL: 2
TRIX (15,9): 0.0102
Courbe Coppock: 3.21
MA7: 0.6614
MA20: 0.6691
MA50: 0.6662
MA100: 0.6606
MAexp7: 0.6605
MAexp20: 0.6658
MAexp50: 0.6653
MAexp100: 0.6624
Price / MA7: -1.00%
Price / MA20: -2.14%
Price / MA50: -1.71%
Price / MA100: -0.88%
Price / MAexp7: -0.86%
Price / MAexp20: -1.65%
Price / MAexp50: -1.58%
Price / MAexp100: -1.15%

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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