EUR/AUD - 1H - Technical analysis published on 09/01/2020 (GMT)
- Who voted?
- 173
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 1.6224 AUD
My targets
1.6152 AUD (-0.0046)
1.6025 AUD (-0.0173)
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 1.6224 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 1.6224 AUD. The next bearish objective for sellers is set at 1.6152 AUD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.6025 AUD. In case of crossing, the next objective would be the support located at 1.5520 AUD. PS: if there is a bullish break in the resistance located at 1.6224 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.1
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/AUD rating 1.6198 AUD. On the day, this instrument gained +0.11% and was traded between 1.6162 AUD and 1.6247 AUD over the period. The price is currently at +0.22% from its lowest and -0.30% from its highest.1.6162
1.6247
1.6198
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this EUR/AUD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 6 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
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 | 1.4501 | 1.5520 | 1.6152 | 1.6198 | 1.6224 | 1.6289 | 1.6436 |
| Change (%) | -10.48% | -4.19% | -0.28% | - | +0.16% | +0.56% | +1.47% |
| Change | -0.1697 | -0.0678 | -0.0046 | - | +0.0026 | +0.0091 | +0.0238 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6071 | 1.6111 | 1.6145 | 1.6185 | 1.6219 | 1.6259 | 1.6293 |
| Camarilla | 1.6160 | 1.6166 | 1.6173 | 1.6180 | 1.6187 | 1.6194 | 1.6200 |
| Woodie | 1.6069 | 1.6110 | 1.6143 | 1.6184 | 1.6217 | 1.6258 | 1.6291 |
| Fibonacci | 1.6111 | 1.6139 | 1.6156 | 1.6185 | 1.6213 | 1.6230 | 1.6259 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5559 | 1.5825 | 1.6025 | 1.6291 | 1.6491 | 1.6757 | 1.6957 |
| Camarilla | 1.6096 | 1.6139 | 1.6181 | 1.6224 | 1.6267 | 1.6309 | 1.6352 |
| Woodie | 1.5525 | 1.5809 | 1.5991 | 1.6275 | 1.6457 | 1.6741 | 1.6923 |
| Fibonacci | 1.5825 | 1.6003 | 1.6113 | 1.6291 | 1.6469 | 1.6579 | 1.6757 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6059 | 1.6105 | 1.6133 | 1.6179 | 1.6207 | 1.6253 | 1.6281 |
| Camarilla | 1.6142 | 1.6148 | 1.6155 | 1.6162 | 1.6169 | 1.6176 | 1.6182 |
| Woodie | 1.6051 | 1.6101 | 1.6125 | 1.6175 | 1.6199 | 1.6249 | 1.6273 |
| Fibonacci | 1.6105 | 1.6133 | 1.6150 | 1.6179 | 1.6207 | 1.6224 | 1.6253 |
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): | 50.48 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 2.8532 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 1.6213 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.6183 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.6263 | |
| Zig ZAG (10): | 1.6205 | |
| VORTEX (21): | 1.0774 | |
| Stochastique (14,3,5): | 66.30 | |
| TEMA (21): | 1.6224 | |
| Williams %R (14): | -52.44 | |
| Chande Momentum Oscillator (20): | 0.0020 | |
| Repulse (5,40,3): | -0.1709 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0041 | |
| Courbe Coppock: | 0.45 |
| MA7: | 1.6211 | |
| MA20: | 1.6376 | |
| MA50: | 1.6351 | |
| MA100: | 1.6484 | |
| MAexp7: | 1.6216 | |
| MAexp20: | 1.6205 | |
| MAexp50: | 1.6211 | |
| MAexp100: | 1.6251 | |
| Price / MA7: | -0.08% | |
| Price / MA20: | -1.09% | |
| Price / MA50: | -0.94% | |
| Price / MA100: | -1.74% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.33% |
Quotes :
2020-09-01 14:39:59
-
Real time data
-
Forex
News
The last news published on EUR/AUD at the time of the generation of this analysis was as follows:
-
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
-
Weekly Technical Analysis: 31/07/2017 - EURJPY, EURGBP, EURAUD, EURCAD
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis EUR/AUD - 1H