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

EUR/AUD - 1H - Technical analysis published on 01/14/2022 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 1.5760 AUD
My targets
1.5823 AUD (+0.0026)
1.5864 AUD (+0.0067)
My analysis
EUR/AUD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.5760 AUD. The next resistance located at 1.5823 AUD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.5864 AUD. After this resistance, buyers could then target 1.5951 AUD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
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.

Additional analysis

Quotes

The EUR/AUD rating is 1.5797 AUD. The price has increased by +0.39% since the last closing and was between 1.5726 AUD and 1.5819 AUD. This implies that the price is at +0.45% from its lowest and at -0.14% from its highest.

1.5726
1.5819
1.5797

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EUR/AUD:

Technical


Technical analysis of this 1H chart of EUR/AUD indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.5715 1.5760 1.5785 1.5797 1.5823 1.5864 1.5951
Change (%) -0.52% -0.23% -0.08% - +0.16% +0.42% +0.97%
Change -0.0082 -0.0037 -0.0012 - +0.0026 +0.0067 +0.0154
Level Intermediate Minor Minor - Intermediate Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.56351.56581.56971.57201.57591.57821.5821
Camarilla1.57181.57241.57291.57351.57411.57461.5752
Woodie1.56421.56621.57041.57241.57661.57861.5828
Fibonacci1.56581.56821.56971.57201.57441.57591.5782


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.53651.54691.56461.57501.59271.60311.6208
Camarilla1.57451.57711.57961.58221.58481.58741.5899
Woodie1.54011.54871.56821.57681.59631.60491.6244
Fibonacci1.54691.55771.56431.57501.58581.59241.6031


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.48061.51841.54171.57951.60281.64061.6639
Camarilla1.54821.55381.55941.56501.57061.57621.5818
Woodie1.47341.51481.53451.57591.59561.63701.6567
Fibonacci1.51841.54171.55621.57951.60281.61731.6406

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 61.22
MACD (12,26,9): 0.0018
Directional Movement: 9.1910
AROON (14): 57.1429
DEMA (21): 1.5788
Parabolic SAR (0,02-0,02-0,2): 1.5738
Elder Ray (13): 0.0030
Super Trend (3,10): 1.5741
Zig ZAG (10): 1.5796
VORTEX (21): 1.1684
Stochastique (14,3,5): 75.07
TEMA (21): 1.5800
Williams %R (14): -24.73
Chande Momentum Oscillator (20): 0.0041
Repulse (5,40,3): 0.0031
ROCnROLL: 1
TRIX (15,9): 0.0139
Courbe Coppock: 0.44
MA7: 1.5768
MA20: 1.5712
MA50: 1.5730
MA100: 1.5794
MAexp7: 1.5787
MAexp20: 1.5766
MAexp50: 1.5749
MAexp100: 1.5746
Price / MA7: +0.18%
Price / MA20: +0.54%
Price / MA50: +0.43%
Price / MA100: +0.02%
Price / MAexp7: +0.06%
Price / MAexp20: +0.20%
Price / MAexp50: +0.30%
Price / MAexp100: +0.32%

Quotes : - Real time data - 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:

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

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