EUR/AUD - 1H - Technical analysis published on 06/17/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 1.5754 AUD
My targets
1.5693 AUD (-0.0033)
1.5659 AUD (-0.0067)
My analysis
EUR/AUD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.5754 AUD. The next support located at 1.5693 AUD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.5659 AUD. Below this support, sellers could then target 1.5520 AUD.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.1
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This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/AUD rating 1.5726 AUD. On the day, this instrument lost -0.17% and was between 1.5694 AUD and 1.5774 AUD. This implies that the price is at +0.20% from its lowest and at -0.30% from its highest.1.5694
1.5774
1.5726
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/AUD:
Technical
A technical analysis in 1H of this EUR/AUD chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1.5659 | 1.5693 | 1.5711 | 1.5726 | 1.5733 | 1.5754 | 1.5772 |
| Change (%) | -0.43% | -0.21% | -0.10% | - | +0.04% | +0.18% | +0.29% |
| Change | -0.0067 | -0.0033 | -0.0015 | - | +0.0007 | +0.0028 | +0.0046 |
| Level | Minor | Minor | 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 | 1.5634 | 1.5673 | 1.5712 | 1.5751 | 1.5790 | 1.5829 | 1.5868 |
| Camarilla | 1.5731 | 1.5738 | 1.5745 | 1.5752 | 1.5759 | 1.5766 | 1.5774 |
| Woodie | 1.5635 | 1.5673 | 1.5713 | 1.5751 | 1.5791 | 1.5829 | 1.5869 |
| Fibonacci | 1.5673 | 1.5703 | 1.5721 | 1.5751 | 1.5781 | 1.5799 | 1.5829 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5543 | 1.5601 | 1.5656 | 1.5714 | 1.5769 | 1.5827 | 1.5882 |
| Camarilla | 1.5680 | 1.5690 | 1.5701 | 1.5711 | 1.5721 | 1.5732 | 1.5742 |
| Woodie | 1.5542 | 1.5600 | 1.5655 | 1.5713 | 1.5768 | 1.5826 | 1.5881 |
| Fibonacci | 1.5601 | 1.5644 | 1.5671 | 1.5714 | 1.5757 | 1.5784 | 1.5827 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5123 | 1.5271 | 1.5535 | 1.5683 | 1.5947 | 1.6095 | 1.6359 |
| Camarilla | 1.5685 | 1.5723 | 1.5760 | 1.5798 | 1.5836 | 1.5874 | 1.5911 |
| Woodie | 1.5180 | 1.5300 | 1.5592 | 1.5712 | 1.6004 | 1.6124 | 1.6416 |
| Fibonacci | 1.5271 | 1.5429 | 1.5526 | 1.5683 | 1.5841 | 1.5938 | 1.6095 |
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): | 42.05 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -6.0635 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.5734 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.5782 | |
| Elder Ray (13): | -0.0012 | |
| Super Trend (3,10): | 1.5698 | |
| Zig ZAG (10): | 1.5723 | |
| VORTEX (21): | 0.9534 | |
| Stochastique (14,3,5): | 32.98 | |
| TEMA (21): | 1.5728 | |
| Williams %R (14): | -72.63 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0031 | |
| Courbe Coppock: | 0.03 |
| MA7: | 1.5735 | |
| MA20: | 1.5755 | |
| MA50: | 1.5646 | |
| MA100: | 1.5583 | |
| MAexp7: | 1.5732 | |
| MAexp20: | 1.5739 | |
| MAexp50: | 1.5742 | |
| MAexp100: | 1.5738 | |
| Price / MA7: | -0.06% | |
| Price / MA20: | -0.18% | |
| Price / MA50: | +0.51% | |
| Price / MA100: | +0.92% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.10% | |
| Price / MAexp100: | -0.08% |
Quotes :
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Real time data
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Forex
News
The last news published on EUR/AUD at the time of the generation of this analysis 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
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Trading Sentiment: Poor for EUR, AUD and GBP | Webinar
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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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