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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 06/13/2024 (GMT)

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

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 1.6323 AUD
My targets
1.6171 AUD (-0.0065)
1.6135 AUD (-0.0101)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.6323 AUD remains possible. It is advisable to trade EUR/AUD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.6323 AUD. The next bearish objective for sellers is set at 1.6171 AUD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.6135 AUD. In case of crossing, the next objective would be the support located at 1.5898 AUD. PS: if there is a bullish break in the resistance located at 1.6323 AUD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.3

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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 price is 1.6236 AUD. The price has increased by +0.06% since the last closing with the lowest point at 1.6217 AUD and the highest point at 1.6257 AUD. The deviation from the price is +0.12% for the low point and -0.13% for the high point.

1.6217
1.6257
1.6236

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 for higher/lower results shows the following items:

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



Technical


Technical analysis of this 1H chart of EUR/AUD indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.5898 1.6171 1.6222 1.6236 1.6244 1.6323 1.6381
Change (%) -2.08% -0.40% -0.09% - +0.05% +0.54% +0.89%
Change -0.0338 -0.0065 -0.0014 - +0.0008 +0.0087 +0.0145
Level Minor Intermediate Minor - Major Minor Major



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
Standard1.60621.61181.61731.62291.62841.63401.6395
Camarilla1.61971.62071.62171.62271.62371.62471.6258
Woodie1.60611.61181.61721.62291.62831.63401.6394
Fibonacci1.61181.61611.61871.62291.62721.62981.6340


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.61351.61951.63021.63621.64691.65291.6636
Camarilla1.63641.63791.63951.64101.64251.64411.6456
Woodie1.61601.62071.63271.63741.64941.65411.6661
Fibonacci1.61951.62591.62981.63621.64261.64651.6529


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.59071.60601.61831.63361.64591.66121.6735
Camarilla1.62291.62541.62801.63051.63301.63561.6381
Woodie1.58911.60531.61671.63291.64431.66051.6719
Fibonacci1.60601.61661.62311.63361.64421.65071.6612

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): 50.84
MACD (12,26,9): -0.0002
Directional Movement: 4.3834
AROON (14): 71.4285
DEMA (21): 1.6225
Parabolic SAR (0,02-0,02-0,2): 1.6184
Elder Ray (13): 0.0013
Super Trend (3,10): 1.6261
Zig ZAG (10): 1.6238
VORTEX (21): 1.0170
Stochastique (14,3,5): 79.03
TEMA (21): 1.6236
Williams %R (14): -24.39
Chande Momentum Oscillator (20): 0.0053
Repulse (5,40,3): 0.0093
ROCnROLL: -1
TRIX (15,9): -0.0077
Courbe Coppock: 0.20
MA7: 1.6298
MA20: 1.6314
MA50: 1.6371
MA100: 1.6459
MAexp7: 1.6237
MAexp20: 1.6232
MAexp50: 1.6250
MAexp100: 1.6276
Price / MA7: -0.38%
Price / MA20: -0.48%
Price / MA50: -0.82%
Price / MA100: -1.35%
Price / MAexp7: -0.01%
Price / MAexp20: +0.02%
Price / MAexp50: -0.09%
Price / MAexp100: -0.25%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on EUR/AUD. 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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