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AUD/USD Daily Analysis


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AUDUSD on 1 hour time frame chart still failed to break down EMA25 and EMA50 also the price currently is above even EMA100 and Parabolic SAR. The opening price is above pivot line today. RSI and Stochastic both observed to rise to level 56 and 78 while MACD(12,26,9) formed higher highs on the green zone indicated for bullish sentiment. So overall this pair is bullish with resistance at 0.7699

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AUDUSD on 1 hour time frame how the price still cannot get away from the bearish sentiment, the current condition of this pair is that closed below EMA100 and pivot line. RSI (14) fall down to level 38 while Stochastic(5,3,3) fall down to level 54. MACD(12,26,9) formed lower low on the red zone. Based on the analysis above, this pair predicted to be bearish with key support at 0.7600

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AUDUSD on 4 hour chart show a bullish sentiment with this pair managed to break EMA100 and the price succesfully closed above EMA100 and not just EMA100 but also the upper channel. Well, based on the other indicators such as RSI, Stochastic, and MACD this pair is under bullish sentiment, where RSI and Stochastic both rise to level 48 and 63 respectively. MACD formed lower high. So it expected this pair to be bullish with resistance at 0.7637

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AUDUSD on 1 hour time frame chart formed bullish engulfing patter and now the price is testing the middle band want to closed above while the current price already above pivot line, EMA50, and EMA100. RSI(14) in this chart seems to rise around level 57 and Stochastic(5,3,3) also rise to level 84. According to the fact above and analysis which i've been done, this pair expected to be bullish and touch the resistance at 0.7644

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AUDUSD on 1 hour chart show that the price still pressured and the price is moving below EMA100 and EMA50 not to mention that middle band also got a breakout. Pivot line also seens to be above the current price. RSI and Stochastic in this chart seems to rise around level 40 and 45 respectively. Based on the analysis above, this pair expected to be bearish with support at 0.7583

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AUDUSD based on 4 hour time frame chart is under bearish pressure since the price successfully test 0.7600 which is the lowest low this month. The price is also below pivot, EMA100, and Parabolic SAR. Not just those 3 but RSI(14) and Stochastic (5,3,3) fall to lower level at 34 and 56 respectively. Based on the analysis, this pair expected to be bearish with support at 0.7536

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On 1 hour chart the price of AUDUSD is moving below EMA100 and Parabolic SAR indicated this pair is under bullish sentiment. Also look back in the opening the price is still moving above pivot line too. RSI seems fall to level 53 but Stochastic rise to level 67. So far i don't see much problem here, and based on the analysis this pair's price may rise towards the resistance at 0.7637

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AUDUSD in this chart show the price is exactly below EMA100, Parabolic SAR and Pivot line. RSI (14) and so do Stochastic(5,3,3) are falling down to level 68 and 75 respectively, with MACD formed higher low. Considering the current trend of this pair then it expected that AUDUSD may getting stronger and rise towards the resistance at 0.7700

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On 4 hour chart the price successfully break middle band and closed below with the bearish engulfing pattern formed. In this chart nearly all indicators are bullish. RSI and Stochastic observed to fall around level 42 and 15 respectively. MACD formed lower lows. So based on the result above, it is clear that AUDUSD may fall down towards 0.7649

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On H1 chart is seems that the price of AUDUSD successfully break the middle band and closed below also it indicated the bearish sentiment. With the pivot is above the price then it makes the sentiment stronger. RSI and Stochastic in this chart fall to lower level exactly at 49 and 14. MACD formed lower low so this pair predicted to be bearish with support at 0.7678

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The price of AUDUSD still show that it get pressure from the seller on H1 chart especially considering that the price is still moving below EMA100 and Parabolic SAR. RSI and Stochastic area both fall down towards 43 and 45 where MACD formed higher low. Since most indicators tell the bearish it seems that there will be a quite strong bearish sentiment towards support at 0.7574

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On 4 hour time frame chart, AUDUSD is keep moving down below EMA100 and Parabolic SAR with the price failed to break the middle band and still closed below. RSI(14) seems rise to level 44 and Stochastic(5,3,3) fall to level 62, Macd(12,26,9) formed higher lows and Parabolic SAR is moving above the current price. Based on that, this pair expected to weakening at 0.7526

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  • 2 weeks later...

AUDUSD on H1 chart still hold the position above EMA100 and the price don't show any sign to fall down instead there will be rejection or even the price cannot touch EMA100. RSI and Stochastic in this chart also observed to rise towards 57 and 53 respectively, and based on the all indicators and the current condition of this pair the price may rise up to resistance at 0.7450

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AUDUSD on 1 hour time frame chart observed still continue the strengthening movement on EMA100 after failed to break it and fall down below. Middle band still intact too with Morning star formed, RSI and Stoch in this chart both rise to 60 and 83 respectively. Based on that this pair expected to rise towards the target at 0.7500

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  • 2 weeks later...

On H1 chart the price show that EMA100 is able to break EMA100 and even made Parabolic SAR switched to above the current candle, not to mention that RSI(14) and Stochastic(5,3,3) both rose towards level 51 and level 70 respectively. One more thing is 1st support line rejection which is so strong. Based on the analysis above, it seems that AUDUSD may rise to the resistance at 0.7482

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  • 4 weeks later...

AUDUSD still moves inside the bullish channel pattern, even the price is keep falling because the price seems to be near the top of the channel. Moreover, RSI and Stoch both seems to fall after overbought indicated bearish reversal or just correction. There is possibility the price will fall towards pivot at 0.7280 first before bounce back to the resistance at 0.7306

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  • 2 weeks later...

Although it seems that AUDUSD is keep moving below the bullish channel, but it seems difficult to penetrate pivot since this morning only able approachable only. Currently the price rise again and has chance to rise up to the next resistance at around 0.7523 to 0.7564. But if prices suddenly fell below the pivot level, then the price has the potential to go down to support level at 0.7435.

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  • 5 weeks later...

A great rebound which successfully break pivot and not just pivot but also EMA100 and Parabolic SAR. This is a huge one indicated that the price will be bullish for several hours before gets small correction and if there is no any other significant fundamental data will rise higher. My bet for AUDUSD is that it will test resistance level at 0.7700 considering that RSI and Stochastic also indicated bullish sentiment.

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  • 4 months later...

Price is quite strong for now. Pivot line got a test from the current price and if able to closed above pivot line the price may rise higher considering that mostly technical indicators are bullish leaving Parabolic SAR as the bearish signal which seems to be wait to be break by the candle. My prediction is AUDUSD seems to be bullish up to later session but limited towards 0.75752

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Well based on 4 hour chart, 3 white soldiers formed indicated the further bullish sentiment but since RSI and Stochastic seems both indicated the overbought signals, it may corrected for a while. Overall today the bullish still dominate the overall market. Price may fall a bit and will rise back once again. The target is at 0.7570

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  • 2 months later...

AUDUSD on 1-hour chart seems to get stronger and had a chance to break SMMA300, also strengthening its position which still way above SMMA80 which keep the bullish potential for this pair. The conclusion is AUDUSD may have limited strengthening movement, but if Stochastic is overbought, the price may fall towards 0.7295 - 0.7950

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  • 3 weeks later...

AUDUSD is making an effort to fall down further. On 30-minutes timeframe chart AUDUSD still failed to break low SMMA300, this made AUDUSD recover a bit but it seems that Stochastic(5,3,3) seems to fall towards level 67, while RSI falls down towards level 54, MACD also show lower high signal. Overall, this pair may weaken more considering the whole indicators with the target as low as 0.8050.

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