AUD/USD

- USD (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 08/02/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

22%

39%

My opinion

Bearish under 0.6514 USD

My targets

0.6494 USD (-0.0011)

0.6479 USD (-0.0026)

My analysis

The bearish trend is currently very strong for AUD/USD. As long as the price remains below the resistance at 0.6514 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.6494 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.6479 USD as an objective. Crossing it would then enable sellers to target 0.6453 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

4.8

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

Additional analysis

Quotes

AUD/USD rating 0.6505 USD. The price has increased by +0.19% since the last closing and was between 0.6486 USD and 0.6527 USD. This implies that the price is at +0.29% from its lowest and at -0.34% from its highest.

0.6486

0.6527

0.6505

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:

Near a new LOW record (1 year)

Type : Bearish

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

Technical analysis of this 1H chart of AUD/USD indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by 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:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

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:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6453	0.6479	0.6494	0.6505	0.6514	0.6540	0.6569
Change (%)	-0.80%	-0.40%	-0.17%	-	+0.14%	+0.54%	+0.98%
Change	-0.0052	-0.0026	-0.0011	-	+0.0009	+0.0035	+0.0064
Level	Major	Intermediate	Intermediate	-	Minor	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6395	0.6442	0.6467	0.6514	0.6539	0.6586	0.6611
Camarilla	0.6473	0.6480	0.6486	0.6493	0.6500	0.6506	0.6513
Woodie	0.6385	0.6437	0.6457	0.6509	0.6529	0.6581	0.6601
Fibonacci	0.6442	0.6469	0.6486	0.6514	0.6541	0.6558	0.6586

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6285	0.6399	0.6474	0.6588	0.6663	0.6777	0.6852
Camarilla	0.6496	0.6513	0.6531	0.6548	0.6565	0.6583	0.6600
Woodie	0.6265	0.6389	0.6454	0.6578	0.6643	0.6767	0.6832
Fibonacci	0.6399	0.6472	0.6516	0.6588	0.6661	0.6705	0.6777

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6098	0.6289	0.6418	0.6609	0.6738	0.6929	0.7058
Camarilla	0.6460	0.6489	0.6519	0.6548	0.6577	0.6607	0.6636
Woodie	0.6068	0.6274	0.6388	0.6594	0.6708	0.6914	0.7028
Fibonacci	0.6289	0.6411	0.6486	0.6609	0.6731	0.6806	0.6929

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):	47.13
MACD (12,26,9):	-0.0003
Directional Movement:	2.5147
AROON (14):	42.8572
DEMA (21):	0.6507
Parabolic SAR (0,02-0,02-0,2):	0.6493
Elder Ray (13):	0
Super Trend (3,10):	0.6528
Zig ZAG (10):	0.6510
VORTEX (21):	0.8996
Stochastique (14,3,5):	60.16
TEMA (21):	0.6509
Williams %R (14):	-41.46
Chande Momentum Oscillator (20):	0.0015
Repulse (5,40,3):	-0.0589
ROCnROLL:	2
TRIX (15,9):	-0.0104
Courbe Coppock:	0.21

MA7:	0.6532
MA20:	0.6648
MA50:	0.6651
MA100:	0.6603
MAexp7:	0.6510
MAexp20:	0.6512
MAexp50:	0.6518
MAexp100:	0.6530
Price / MA7:	-0.41%
Price / MA20:	-2.15%
Price / MA50:	-2.20%
Price / MA100:	-1.48%
Price / MAexp7:	-0.08%
Price / MAexp20:	-0.11%
Price / MAexp50:	-0.20%
Price / MAexp100:	-0.38%

Quotes : - Real time data - Forex

News

The latest news and videos published on AUD/USD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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