AUD/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDUSD
ISIN:

AUD/USD - 1H - Technical analysis published on 09/04/2024 (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: Bullish

Underlying: Bearish

Technical indicators

72%

22%

My opinion

Bearish under 0.6761 USD

My targets

0.6700 USD (-0.0034)

0.6662 USD (-0.0072)

My analysis

The basic trend is bearish on AUD/USD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 0.6761 USD. Buyers would then use the next resistance located at 0.6784 USD as an objective. Crossing it would then enable buyers to target 0.6795 USD. If there is a return to below the support located at 0.6700 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 0.6662 USD and 0.6581 USD by extension.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

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

Additional analysis

Quotes

The AUD/USD rating is 0.6734 USD. The price registered an increase of +0.31% on the session and was traded between 0.6686 USD and 0.6735 USD over the period. The price is currently at +0.72% from its lowest and -0.01% from its highest.

0.6686

0.6735

0.6734

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 at 67.86% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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	0.6493	0.6581	0.6700	0.6734	0.6761	0.6784	0.6795
Change (%)	-3.58%	-2.27%	-0.50%	-	+0.40%	+0.74%	+0.91%
Change	-0.0241	-0.0153	-0.0034	-	+0.0027	+0.0050	+0.0061
Level	Intermediate	Minor	Intermediate	-	Minor	Minor	Major

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	0.6598	0.6652	0.6683	0.6737	0.6768	0.6822	0.6853
Camarilla	0.6690	0.6697	0.6705	0.6713	0.6721	0.6729	0.6736
Woodie	0.6586	0.6646	0.6671	0.6731	0.6756	0.6816	0.6841
Fibonacci	0.6652	0.6685	0.6705	0.6737	0.6770	0.6790	0.6822

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6662	0.6707	0.6735	0.6780	0.6808	0.6853	0.6881
Camarilla	0.6744	0.6751	0.6757	0.6764	0.6771	0.6777	0.6784
Woodie	0.6655	0.6703	0.6728	0.6776	0.6801	0.6849	0.6874
Fibonacci	0.6707	0.6735	0.6752	0.6780	0.6808	0.6825	0.6853

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5992	0.6171	0.6467	0.6646	0.6942	0.7121	0.7417
Camarilla	0.6633	0.6677	0.6721	0.6764	0.6808	0.6851	0.6895
Woodie	0.6052	0.6200	0.6527	0.6675	0.7002	0.7150	0.7477
Fibonacci	0.6171	0.6352	0.6464	0.6646	0.6827	0.6939	0.7121

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):	57.95
MACD (12,26,9):	-0.0004
Directional Movement:	3.6395
AROON (14):	92.8571
DEMA (21):	0.6708
Parabolic SAR (0,02-0,02-0,2):	0.6701
Elder Ray (13):	0.0013
Super Trend (3,10):	0.6735
Zig ZAG (10):	0.6731
VORTEX (21):	1.0252
Stochastique (14,3,5):	93.21
TEMA (21):	0.6716
Williams %R (14):	-2.13
Chande Momentum Oscillator (20):	0.0031
Repulse (5,40,3):	0.3745
ROCnROLL:	-1
TRIX (15,9):	-0.0200
Courbe Coppock:	0.25

MA7:	0.6766
MA20:	0.6706
MA50:	0.6669
MA100:	0.6638
MAexp7:	0.6719
MAexp20:	0.6716
MAexp50:	0.6733
MAexp100:	0.6750
Price / MA7:	-0.47%
Price / MA20:	+0.42%
Price / MA50:	+0.97%
Price / MA100:	+1.45%
Price / MAexp7:	+0.22%
Price / MAexp20:	+0.27%
Price / MAexp50:	+0.01%
Price / MAexp100:	-0.24%

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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