EUR/AUD - 1H - Technical analysis published on 05/14/2024 (GMT)
- 46
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
17%
39%
44%
My opinion
Neutral between 1.6279 AUD and 1.6353 AUD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on EUR/AUD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.6353 AUD. The first support is located at 1.6279 AUD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.
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This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/AUD rating 1.6325 AUD. On the day, this instrument gained +0.01% with the lowest point at 1.6317 AUD and the highest point at 1.6347 AUD. The deviation from the price is +0.05% for the low point and -0.13% for the high point.1.6317
1.6347
1.6325
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
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 EUR/AUD in 1H shows an overall slightly bullish trend. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.6240 | 1.6279 | 1.6322 | 1.6325 | 1.6353 | 1.6382 | 1.6411 |
| Change (%) | -0.52% | -0.28% | -0.02% | - | +0.17% | +0.35% | +0.53% |
| Change | -0.0085 | -0.0046 | -0.0003 | - | +0.0028 | +0.0057 | +0.0086 |
| Level | Minor | Major | Minor | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6240 | 1.6268 | 1.6296 | 1.6324 | 1.6352 | 1.6380 | 1.6408 |
| Camarilla | 1.6309 | 1.6314 | 1.6319 | 1.6324 | 1.6329 | 1.6334 | 1.6339 |
| Woodie | 1.6240 | 1.6268 | 1.6296 | 1.6324 | 1.6352 | 1.6380 | 1.6408 |
| Fibonacci | 1.6268 | 1.6289 | 1.6303 | 1.6324 | 1.6345 | 1.6359 | 1.6380 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6062 | 1.6140 | 1.6227 | 1.6305 | 1.6392 | 1.6470 | 1.6557 |
| Camarilla | 1.6269 | 1.6284 | 1.6299 | 1.6314 | 1.6329 | 1.6344 | 1.6359 |
| Woodie | 1.6067 | 1.6142 | 1.6232 | 1.6307 | 1.6397 | 1.6472 | 1.6562 |
| Fibonacci | 1.6140 | 1.6203 | 1.6242 | 1.6305 | 1.6368 | 1.6407 | 1.6470 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5891 | 1.6091 | 1.6282 | 1.6482 | 1.6673 | 1.6873 | 1.7064 |
| Camarilla | 1.6366 | 1.6401 | 1.6437 | 1.6473 | 1.6509 | 1.6545 | 1.6581 |
| Woodie | 1.5887 | 1.6089 | 1.6278 | 1.6480 | 1.6669 | 1.6871 | 1.7060 |
| Fibonacci | 1.6091 | 1.6240 | 1.6333 | 1.6482 | 1.6631 | 1.6724 | 1.6873 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.67 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | -3.2223 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 1.6335 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.6345 | |
| Elder Ray (13): | -0.0005 | |
| Super Trend (3,10): | 1.6309 | |
| Zig ZAG (10): | 1.6322 | |
| VORTEX (21): | 1.0772 | |
| Stochastique (14,3,5): | 22.39 | |
| TEMA (21): | 1.6334 | |
| Williams %R (14): | -76.67 | |
| Chande Momentum Oscillator (20): | -0.0008 | |
| Repulse (5,40,3): | -0.0538 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0039 | |
| Courbe Coppock: | 0.08 |
| MA7: | 1.6310 | |
| MA20: | 1.6401 | |
| MA50: | 1.6478 | |
| MA100: | 1.6474 | |
| MAexp7: | 1.6332 | |
| MAexp20: | 1.6330 | |
| MAexp50: | 1.6325 | |
| MAexp100: | 1.6323 | |
| Price / MA7: | +0.09% | |
| Price / MA20: | -0.46% | |
| Price / MA50: | -0.93% | |
| Price / MA100: | -0.90% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.01% |
Quotes :
-
Real time data
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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:
-
Both Dollar and S&P 500 Edge Higher after Factory Report, EURAUD A Pair to Watch
-
Weekly Technical Analysis: 19/08/2019 - GBPJPY, USDCAD, EURAUD
-
An Underappreciated Technical and Fundamental Appeal of EURAUD
-
Trading Sentiment: Poor for EUR, AUD and GBP | Webinar
-
EURAUD and EURCAD Weekly Trend Flow
This member declared not having a position on this financial instrument or a related financial instrument.
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