EUR/AUD - 15 min. - Technical analysis published on 06/05/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 1.6132 AUD
My targets
1.6250 AUD (+0.0020)
1.6310 AUD (+0.0080)
My analysis
The basic trend is currently slightly bullish on EUR/AUD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 1.6132 AUD, purchases could be favourable. The first bullish objective would be the resistance located at 1.6250 AUD. Then the price could move towards 1.6310 AUD. Then 1.6428 AUD by extension. A return under the support to 1.6132 AUD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6
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This analysis was given by Dorontin2002. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/AUD price is 1.6230 AUD. The price has increased by +0.23% since the last closing with the lowest point at 1.6188 AUD and the highest point at 1.6235 AUD. The deviation from the price is +0.26% for the low point and -0.03% for the high point.1.6188
1.6235
1.6230
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this EUR/AUD chart shows a slightly bullish trend. 50.00% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 15 minutes
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.5680 | 1.5892 | 1.6189 | 1.6230 | 1.6241 | 1.6352 | 1.6414 |
Change (%) | -3.39% | -2.08% | -0.25% | - | +0.07% | +0.75% | +1.13% |
Change | -0.0550 | -0.0338 | -0.0041 | - | +0.0011 | +0.0122 | +0.0184 |
Level | Intermediate | Minor | Intermediate | - | Major | Minor | 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 | 1.5954 | 1.6072 | 1.6132 | 1.6250 | 1.6310 | 1.6428 | 1.6488 |
Camarilla | 1.6144 | 1.6160 | 1.6177 | 1.6193 | 1.6209 | 1.6226 | 1.6242 |
Woodie | 1.5926 | 1.6058 | 1.6104 | 1.6236 | 1.6282 | 1.6414 | 1.6460 |
Fibonacci | 1.6072 | 1.6140 | 1.6182 | 1.6250 | 1.6318 | 1.6360 | 1.6428 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.5756 | 1.5972 | 1.6083 | 1.6299 | 1.6410 | 1.6626 | 1.6737 |
Camarilla | 1.6103 | 1.6133 | 1.6163 | 1.6193 | 1.6223 | 1.6253 | 1.6283 |
Woodie | 1.5703 | 1.5946 | 1.6030 | 1.6273 | 1.6357 | 1.6600 | 1.6684 |
Fibonacci | 1.5972 | 1.6097 | 1.6174 | 1.6299 | 1.6424 | 1.6501 | 1.6626 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.5595 | 1.5865 | 1.6151 | 1.6421 | 1.6707 | 1.6977 | 1.7263 |
Camarilla | 1.6283 | 1.6334 | 1.6385 | 1.6436 | 1.6487 | 1.6538 | 1.6589 |
Woodie | 1.5602 | 1.5869 | 1.6158 | 1.6425 | 1.6714 | 1.6981 | 1.7270 |
Fibonacci | 1.5865 | 1.6078 | 1.6209 | 1.6421 | 1.6634 | 1.6765 | 1.6977 |
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): | 62.33 | |
MACD (12,26,9): | 0.0004 | |
Directional Movement: | 12.4129 | |
AROON (14): | 92.8571 | |
DEMA (21): | 1.6218 | |
Parabolic SAR (0,02-0,02-0,2): | 1.6198 | |
Elder Ray (13): | 0.0011 | |
Super Trend (3,10): | 1.6199 | |
Zig ZAG (10): | 1.6229 | |
VORTEX (21): | 1.0754 | |
Stochastique (14,3,5): | 88.50 | |
TEMA (21): | 1.6223 | |
Williams %R (14): | -14.71 | |
Chande Momentum Oscillator (20): | 0.0022 | |
Repulse (5,40,3): | 0.0858 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0020 | |
Courbe Coppock: | 0.19 |
MA7: | 1.6363 | |
MA20: | 1.6319 | |
MA50: | 1.6354 | |
MA100: | 1.6023 | |
MAexp7: | 1.6220 | |
MAexp20: | 1.6213 | |
MAexp50: | 1.6212 | |
MAexp100: | 1.6228 | |
Price / MA7: | -0.81% | |
Price / MA20: | -0.55% | |
Price / MA50: | -0.76% | |
Price / MA100: | +1.29% | |
Price / MAexp7: | +0.06% | |
Price / MAexp20: | +0.10% | |
Price / MAexp50: | +0.11% | |
Price / MAexp100: | +0.01% |
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
- Trading Sentiment: Poor for EUR, AUD and GBP | Webinar
- EURAUD and EURCAD Weekly Trend Flow
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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