EUR/AUD
EUR AUD
- AUD (-)
- Real time data - Forex
Open: -
Change: -
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High / Low range: -
Type: Forex
Ticker: EURAUD
ISIN:

EUR/AUD - 1H - Technical analysis published on 09/11/2020 (GMT)

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

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Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 1.6202 AUD
My targets
1.6289 AUD (+0.0024)
1.6328 AUD (+0.0063)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on EUR/AUD as long as the price remains well above 1.6202 AUD. The buyers” bullish objective is set at 1.6289 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.6328 AUD. If there is any crossing, the next objective would be the resistance located at 1.6355 AUD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.5

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 TheFuss. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

EUR/AUD rating 1.6265 AUD. On the day, this instrument lost -0.10% and was between 1.6234 AUD and 1.6291 AUD. This implies that the price is at +0.19% from its lowest and at -0.16% from its highest.

1.6234
1.6291
1.6265

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of EUR/AUD indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.6139 1.6177 1.6202 1.6265 1.6289 1.6328 1.6355
Change (%) -0.77% -0.54% -0.39% - +0.15% +0.39% +0.55%
Change -0.0126 -0.0088 -0.0063 - +0.0024 +0.0063 +0.0090
Level Intermediate Minor Intermediate - Major Intermediate Minor



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
Standard1.61381.61791.62311.62721.63241.63651.6417
Camarilla1.62561.62651.62741.62821.62911.62991.6308
Woodie1.61431.61821.62361.62751.63291.63681.6422
Fibonacci1.61791.62151.62371.62721.63081.63301.6365


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.59641.60511.61541.62411.63441.64311.6534
Camarilla1.62051.62221.62401.62571.62741.62921.6309
Woodie1.59721.60551.61621.62451.63521.64351.6542
Fibonacci1.60511.61241.61681.62411.63141.63581.6431


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.56261.58881.60341.62961.64421.67041.6850
Camarilla1.60681.61051.61431.61801.62171.62551.6292
Woodie1.55681.58591.59761.62671.63841.66751.6792
Fibonacci1.58881.60441.61401.62961.64521.65481.6704

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): 51.97
MACD (12,26,9): -0.0005
Directional Movement: -0.6069
AROON (14): -42.8571
DEMA (21): 1.6254
Parabolic SAR (0,02-0,02-0,2): 1.6272
Elder Ray (13): 0.0002
Super Trend (3,10): 1.6221
Zig ZAG (10): 1.6262
VORTEX (21): 0.9504
Stochastique (14,3,5): 41.54
TEMA (21): 1.6249
Williams %R (14): -43.14
Chande Momentum Oscillator (20): -0.0001
Repulse (5,40,3): 0.1429
ROCnROLL: 2
TRIX (15,9): -0.0040
Courbe Coppock: 0.35
MA7: 1.6271
MA20: 1.6321
MA50: 1.6351
MA100: 1.6436
MAexp7: 1.6253
MAexp20: 1.6260
MAexp50: 1.6264
MAexp100: 1.6261
Price / MA7: -0.04%
Price / MA20: -0.34%
Price / MA50: -0.53%
Price / MA100: -1.04%
Price / MAexp7: +0.07%
Price / MAexp20: +0.03%
Price / MAexp50: +0.01%
Price / MAexp100: +0.02%

Quotes : 2020-09-11 15:27:57 - Real time data - Forex

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

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