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

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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

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.

This analysis was given by Dorontin2002. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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:

Central Indicators

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:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard1.59541.60721.61321.62501.63101.64281.6488
Camarilla1.61441.61601.61771.61931.62091.62261.6242
Woodie1.59261.60581.61041.62361.62821.64141.6460
Fibonacci1.60721.61401.61821.62501.63181.63601.6428


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.57561.59721.60831.62991.64101.66261.6737
Camarilla1.61031.61331.61631.61931.62231.62531.6283
Woodie1.57031.59461.60301.62731.63571.66001.6684
Fibonacci1.59721.60971.61741.62991.64241.65011.6626


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.55951.58651.61511.64211.67071.69771.7263
Camarilla1.62831.63341.63851.64361.64871.65381.6589
Woodie1.56021.58691.61581.64251.67141.69811.7270
Fibonacci1.58651.60781.62091.64211.66341.67651.6977

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 : - Real time data - Forex

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

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