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

EUR/AUD - 1H - Technical analysis published on 05/20/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.6260 AUD
My targets
1.6317 AUD (+0.0032)
1.6352 AUD (+0.0067)
My analysis
EUR/AUD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 1.6260 AUD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 1.6317 AUD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 1.6352 AUD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 1.6426 AUD. Beware of a possible return to under the support located at 1.6260 AUD which would be the sign of a correction of the bullish excesses registered in the short term.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5

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.

dtaccori
This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/AUD rating is 1.6285 AUD. On the day, this instrument gained +0.28% and was traded between 1.6214 AUD and 1.6295 AUD over the period. The price is currently at +0.44% from its lowest and -0.06% from its highest.

1.6214
1.6295
1.6285

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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:

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


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of EUR/AUD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

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:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.6223 1.6260 1.6279 1.6285 1.6317 1.6352 1.6426
Change (%) -0.38% -0.15% -0.04% - +0.20% +0.41% +0.87%
Change -0.0062 -0.0025 -0.0006 - +0.0032 +0.0067 +0.0141
Level Intermediate Minor Major - Minor Intermediate 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
Standard1.61331.61811.62111.62591.62891.63371.6367
Camarilla1.62191.62261.62331.62401.62471.62541.6262
Woodie1.61231.61771.62011.62551.62791.63331.6357
Fibonacci1.61811.62111.62301.62591.62891.63081.6337


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.60401.61311.61861.62771.63321.64231.6478
Camarilla1.62001.62131.62271.62401.62531.62671.6280
Woodie1.60211.61221.61671.62681.63131.64141.6459
Fibonacci1.61311.61871.62221.62771.63331.63681.6423


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.58911.60911.62821.64821.66731.68731.7064
Camarilla1.63661.64011.64371.64731.65091.65451.6581
Woodie1.58871.60891.62781.64801.66691.68711.7060
Fibonacci1.60911.62401.63331.64821.66311.67241.6873

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): 59.01
MACD (12,26,9): 0.0006
Directional Movement: 11.8536
AROON (14): 57.1429
DEMA (21): 1.6267
Parabolic SAR (0,02-0,02-0,2): 1.6253
Elder Ray (13): 0.0016
Super Trend (3,10): 1.6232
Zig ZAG (10): 1.6281
VORTEX (21): 1.1278
Stochastique (14,3,5): 78.71
TEMA (21): 1.6278
Williams %R (14): -18.42
Chande Momentum Oscillator (20): 0.0034
Repulse (5,40,3): 0.0399
ROCnROLL: 1
TRIX (15,9): 0.0008
Courbe Coppock: 0.52
MA7: 1.6286
MA20: 1.6341
MA50: 1.6456
MA100: 1.6476
MAexp7: 1.6273
MAexp20: 1.6261
MAexp50: 1.6263
MAexp100: 1.6274
Price / MA7: -0.01%
Price / MA20: -0.34%
Price / MA50: -1.04%
Price / MA100: -1.16%
Price / MAexp7: +0.07%
Price / MAexp20: +0.15%
Price / MAexp50: +0.14%
Price / MAexp100: +0.07%

Quotes : - Real time data - Forex

News


The last news published on EUR/AUD at the time of the generation of this analysis was as follows:

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

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