The clearest trend exists on the 14 day timeframe, which shows price moving up over that time.
Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Compared to its peers in the forex, audusd gave its buyers a return that ranked 18th in terms of percentage change since yesterday.
It should be noted, though, the 50 day simple moving average turned downwards, which may be a bearish sign.
The closest is the 50 day average, which is 101.1 pips away.
Price action traders may also wish to note that we see a pin bar candlestick pattern on audusd.
Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
Relative to other instruments in the forex asset class, audusd ranked 9th yesterday in terms of percentage price change.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
This move is a reversal from the hour prior, which saw price move up.