EUR/AUD

- AUD (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	EURAUD
ISIN:

EUR/AUD - 1H - Technical analysis published on 12/13/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 1.6410 AUD

My targets

1.6550 AUD (+0.0072)

1.6681 AUD (+0.0203)

My analysis

EUR/AUD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.6410 AUD. The next resistance located at 1.6550 AUD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.6681 AUD. After this resistance, buyers could then target 1.6808 AUD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

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

Additional analysis

Quotes

The EUR/AUD rating is 1.6478 AUD. On the day, this instrument gained +0.24% and was traded between 1.6420 AUD and 1.6493 AUD over the period. The price is currently at +0.35% from its lowest and -0.09% from its highest.

1.6420

1.6493

1.6478

Here is a more detailed summary of the historical variations registered by EUR/AUD:

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

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of EUR/AUD indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
The Central Indicators scanner found no further results concerning independent technical indicators.

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.6251	1.6410	1.6464	1.6478	1.6550	1.6808	1.6993
Change (%)	-1.38%	-0.41%	-0.08%	-	+0.44%	+2.00%	+3.13%
Change	-0.0227	-0.0068	-0.0014	-	+0.0072	+0.0330	+0.0515
Level	Major	Intermediate	Minor	-	Major	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.6268	1.6315	1.6377	1.6424	1.6486	1.6533	1.6595
Camarilla	1.6409	1.6419	1.6429	1.6439	1.6449	1.6459	1.6469
Woodie	1.6276	1.6319	1.6385	1.6428	1.6494	1.6537	1.6603
Fibonacci	1.6315	1.6357	1.6382	1.6424	1.6466	1.6491	1.6533

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.5877	1.6018	1.6279	1.6420	1.6681	1.6822	1.7083
Camarilla	1.6430	1.6466	1.6503	1.6540	1.6577	1.6614	1.6651
Woodie	1.5937	1.6048	1.6339	1.6450	1.6741	1.6852	1.7143
Fibonacci	1.6018	1.6172	1.6266	1.6420	1.6574	1.6668	1.6822

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.5326	1.5647	1.5944	1.6265	1.6562	1.6883	1.7180
Camarilla	1.6072	1.6129	1.6185	1.6242	1.6299	1.6355	1.6412
Woodie	1.5315	1.5641	1.5933	1.6259	1.6551	1.6877	1.7169
Fibonacci	1.5647	1.5883	1.6029	1.6265	1.6501	1.6647	1.6883

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	57.98
MACD (12,26,9):	0.0009
Directional Movement:	8.8609
AROON (14):	42.8571
DEMA (21):	1.6463
Parabolic SAR (0,02-0,02-0,2):	1.6440
Elder Ray (13):	0.0013
Super Trend (3,10):	1.6406
Zig ZAG (10):	1.6475
VORTEX (21):	1.0297
Stochastique (14,3,5):	79.17
TEMA (21):	1.6474
Williams %R (14):	-24.66
Chande Momentum Oscillator (20):	0.0023
Repulse (5,40,3):	0.0279
ROCnROLL:	1
TRIX (15,9):	0.0053
Courbe Coppock:	0.21

MA7:	1.6462
MA20:	1.6295
MA50:	1.6306
MA100:	1.6381
MAexp7:	1.6466
MAexp20:	1.6453
MAexp50:	1.6449
MAexp100:	1.6444
Price / MA7:	+0.10%
Price / MA20:	+1.12%
Price / MA50:	+1.05%
Price / MA100:	+0.59%
Price / MAexp7:	+0.07%
Price / MAexp20:	+0.15%
Price / MAexp50:	+0.18%
Price / MAexp100:	+0.21%

Quotes : - Real time data - Forex

News

The latest news and videos published on EUR/AUD at the time of the analysis were as follows:

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

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