EUR/AUD

- AUD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURAUD
ISIN:

EUR/AUD - Daily - Technical analysis published on 11/16/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

22%

33%

44%

My opinion

Bullish above 1.5248 AUD

My targets

1.5580 AUD (+0.0147)

1.5683 AUD (+0.0250)

My analysis

Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.5248 AUD remains possible. It is advisable to trade EUR/AUD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.5248 AUD. The next bullish objective for buyers is set at 1.5580 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.5683 AUD. If there is any crossing, the next objective would be the resistance located at 1.6241 AUD. PS: if there is a bearish break in the support located at 1.5248 AUD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

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

Force

2.1

Comment on the analysis

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.

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Additional analysis

Quotes

The EUR/AUD rating is 1.5433 AUD. The price has increased by +0.86% since the last closing and was traded between 1.5299 AUD and 1.5437 AUD over the period. The price is currently at +0.88% from its lowest and -0.03% from its highest.

1.5299

1.5437

1.5433

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of EUR/AUD in Daily shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.4935	1.5248	1.5388	1.5433	1.5580	1.5683	1.6241
Change (%)	-3.23%	-1.20%	-0.29%	-	+0.95%	+1.62%	+5.24%
Change	-0.0498	-0.0185	-0.0045	-	+0.0147	+0.0250	+0.0808
Level	Minor	Major	Major	-	Minor	Intermediate	Major

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	1.4981	1.5120	1.5210	1.5349	1.5439	1.5578	1.5668
Camarilla	1.5238	1.5259	1.5280	1.5301	1.5322	1.5343	1.5364
Woodie	1.4958	1.5108	1.5187	1.5337	1.5416	1.5566	1.5645
Fibonacci	1.5120	1.5207	1.5261	1.5349	1.5436	1.5490	1.5578

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.5021	1.5190	1.5313	1.5482	1.5605	1.5774	1.5897
Camarilla	1.5356	1.5383	1.5409	1.5436	1.5463	1.5490	1.5516
Woodie	1.4998	1.5179	1.5290	1.5471	1.5582	1.5763	1.5874
Fibonacci	1.5190	1.5302	1.5371	1.5482	1.5594	1.5663	1.5774

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4425	1.4737	1.5081	1.5393	1.5737	1.6049	1.6393
Camarilla	1.5244	1.5304	1.5364	1.5424	1.5484	1.5544	1.5604
Woodie	1.4440	1.4745	1.5096	1.5401	1.5752	1.6057	1.6408
Fibonacci	1.4737	1.4988	1.5143	1.5393	1.5644	1.5799	1.6049

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):	50.92
MACD (12,26,9):	0.0027
Directional Movement:	-5.1969
AROON (14):	-21.4285
DEMA (21):	1.5494
Parabolic SAR (0,02-0,02-0,2):	1.5643
Elder Ray (13):	-0.0077
Super Trend (3,10):	1.5102
Zig ZAG (10):	1.5426
VORTEX (21):	0.9161
Stochastique (14,3,5):	30.89
TEMA (21):	1.5415
Williams %R (14):	-56.74
Chande Momentum Oscillator (20):	0.0005
Repulse (5,40,3):	0.2229
ROCnROLL:	-1
TRIX (15,9):	0.0586
Courbe Coppock:	1.20

MA7:	1.5441
MA20:	1.5476
MA50:	1.5264
MA100:	1.4984
MAexp7:	1.5422
MAexp20:	1.5434
MAexp50:	1.5285
MAexp100:	1.5152
Price / MA7:	-0.05%
Price / MA20:	-0.28%
Price / MA50:	+1.11%
Price / MA100:	+3.00%
Price / MAexp7:	+0.07%
Price / MAexp20:	-0.01%
Price / MAexp50:	+0.97%
Price / MAexp100:	+1.85%

Quotes : - Real time data - Forex

News

The last news published on EUR/AUD at the time of the generation of this analysis was as follows:

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

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