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 11/19/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 1.6244 AUD

My targets

1.6173 AUD (-0.0052)

1.6043 AUD (-0.0182)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/AUD as long as the price remains well below 1.6244 AUD. The sellers' bearish objective is set at 1.6173 AUD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.6043 AUD. In case of crossing, the next objective would be the support located at 1.5898 AUD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

7.9

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 Holland86. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/AUD price is 1.6225 AUD. The price registered a decrease of -0.36% on the session with the lowest point at 1.6216 AUD and the highest point at 1.6301 AUD. The deviation from the price is +0.06% for the low point and -0.47% for the high point.

1.6216

1.6301

1.6225

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of EUR/AUD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2	R3
ProTrendLines	1.5898	1.6043	1.6173	1.6225	1.6225	1.6244	1.6276
Change (%)	-2.02%	-1.12%	-0.32%	0%	-	+0.12%	+0.31%
Change	-0.0327	-0.0182	-0.0052	0	-	+0.0019	+0.0051
Level	Minor	Major	Major	Minor	-	Major	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
Standard	1.6165	1.6220	1.6252	1.6307	1.6339	1.6394	1.6426
Camarilla	1.6260	1.6268	1.6276	1.6284	1.6292	1.6300	1.6308
Woodie	1.6154	1.6214	1.6241	1.6301	1.6328	1.6388	1.6415
Fibonacci	1.6220	1.6253	1.6274	1.6307	1.6340	1.6361	1.6394

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.6041	1.6112	1.6211	1.6282	1.6381	1.6452	1.6551
Camarilla	1.6262	1.6278	1.6293	1.6309	1.6325	1.6340	1.6356
Woodie	1.6054	1.6119	1.6224	1.6289	1.6394	1.6459	1.6564
Fibonacci	1.6112	1.6177	1.6217	1.6282	1.6347	1.6387	1.6452

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.5571	1.5788	1.6168	1.6385	1.6765	1.6982	1.7362
Camarilla	1.6385	1.6440	1.6494	1.6549	1.6604	1.6659	1.6713
Woodie	1.5654	1.5829	1.6251	1.6426	1.6848	1.7023	1.7445
Fibonacci	1.5788	1.6016	1.6157	1.6385	1.6613	1.6754	1.6982

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):	31.22
MACD (12,26,9):	-0.0017
Directional Movement:	-16.3454
AROON (14):	35.7143
DEMA (21):	1.6237
Parabolic SAR (0,02-0,02-0,2):	1.6279
Elder Ray (13):	-0.0027
Super Trend (3,10):	1.6286
Zig ZAG (10):	1.6222
VORTEX (21):	0.8598
Stochastique (14,3,5):	14.06
TEMA (21):	1.6229
Williams %R (14):	-90.63
Chande Momentum Oscillator (20):	-0.0044
Repulse (5,40,3):	-0.1913
ROCnROLL:	2
TRIX (15,9):	-0.0129
Courbe Coppock:	0.38

MA7:	1.6266
MA20:	1.6353
MA50:	1.6304
MA100:	1.6368
MAexp7:	1.6239
MAexp20:	1.6258
MAexp50:	1.6279
MAexp100:	1.6286
Price / MA7:	-0.25%
Price / MA20:	-0.78%
Price / MA50:	-0.48%
Price / MA100:	-0.87%
Price / MAexp7:	-0.09%
Price / MAexp20:	-0.20%
Price / MAexp50:	-0.33%
Price / MAexp100:	-0.37%

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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