EUR/AUD - 1H - Technical analysis published on 09/18/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
39%
11%
50%
My opinion
Bearish under 1.6234 AUD
My targets
1.6124 AUD (-0.0066)
1.5998 AUD (-0.0192)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EUR/AUD. As long as you are under the resistance located at 1.6234 AUD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.6124 AUD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.5998 AUD as an objective. Crossing it would then enable sellers to target 1.5520 AUD. If the resistance 1.6234 AUD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.6
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This analysis was given by TheFuss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/AUD price is 1.6190 AUD. The price is lower by -0.06% since the last closing and was traded between 1.6188 AUD and 1.6200 AUD over the period. The price is currently at +0.01% from its lowest and -0.06% from its highest.1.6188
1.6200
1.6190
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
Here is a more detailed summary of the historical variations registered by EUR/AUD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/AUD in 1H shows an overall 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. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.5520 | 1.6124 | 1.6176 | 1.6190 | 1.6234 | 1.6289 | 1.6314 |
| Change (%) | -4.14% | -0.41% | -0.09% | - | +0.27% | +0.61% | +0.77% |
| Change | -0.0670 | -0.0066 | -0.0014 | - | +0.0044 | +0.0099 | +0.0124 |
| Level | Major | Minor | Intermediate | - | Intermediate | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6012 | 1.6068 | 1.6123 | 1.6179 | 1.6234 | 1.6290 | 1.6345 |
| Camarilla | 1.6148 | 1.6158 | 1.6168 | 1.6178 | 1.6188 | 1.6198 | 1.6209 |
| Woodie | 1.6012 | 1.6068 | 1.6123 | 1.6179 | 1.6234 | 1.6290 | 1.6345 |
| Fibonacci | 1.6068 | 1.6110 | 1.6137 | 1.6179 | 1.6221 | 1.6248 | 1.6290 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5998 | 1.6088 | 1.6176 | 1.6266 | 1.6354 | 1.6444 | 1.6532 |
| Camarilla | 1.6216 | 1.6232 | 1.6249 | 1.6265 | 1.6281 | 1.6298 | 1.6314 |
| Woodie | 1.5998 | 1.6088 | 1.6176 | 1.6266 | 1.6354 | 1.6444 | 1.6532 |
| Fibonacci | 1.6088 | 1.6156 | 1.6198 | 1.6266 | 1.6334 | 1.6376 | 1.6444 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5626 | 1.5888 | 1.6034 | 1.6296 | 1.6442 | 1.6704 | 1.6850 |
| Camarilla | 1.6068 | 1.6105 | 1.6143 | 1.6180 | 1.6217 | 1.6255 | 1.6292 |
| Woodie | 1.5568 | 1.5859 | 1.5976 | 1.6267 | 1.6384 | 1.6675 | 1.6792 |
| Fibonacci | 1.5888 | 1.6044 | 1.6140 | 1.6296 | 1.6452 | 1.6548 | 1.6704 |
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): | 51.48 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 2.6179 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 1.6202 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.6175 | |
| Elder Ray (13): | -0.0002 | |
| Super Trend (3,10): | 1.6137 | |
| Zig ZAG (10): | 1.6199 | |
| VORTEX (21): | 1.0576 | |
| Stochastique (14,3,5): | 59.93 | |
| TEMA (21): | 1.6209 | |
| Williams %R (14): | -42.70 | |
| Chande Momentum Oscillator (20): | 0.0048 | |
| Repulse (5,40,3): | -0.0323 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0044 | |
| Courbe Coppock: | 0.34 |
| MA7: | 1.6239 | |
| MA20: | 1.6272 | |
| MA50: | 1.6351 | |
| MA100: | 1.6416 | |
| MAexp7: | 1.6202 | |
| MAexp20: | 1.6196 | |
| MAexp50: | 1.6198 | |
| MAexp100: | 1.6214 | |
| Price / MA7: | -0.30% | |
| Price / MA20: | -0.50% | |
| Price / MA50: | -0.98% | |
| Price / MA100: | -1.38% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.15% |
Quotes :
2020-09-18 00:06:55
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Real time data
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Forex
News
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This member declared not having a position on this financial instrument or a related financial instrument.
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