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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 05/14/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
22%
33%
44%
My opinion
Bearish under 1.6353 AUD
My targets
1.6279 AUD (-0.0047)
1.6240 AUD (-0.0086)
My analysis
The current short-term bearish acceleration registered on EUR/AUD should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 1.6353 AUD. Short-term sellers will use the support located at 1.6279 AUD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 1.6240 AUD. Crossing this support would then open the door for sellers to target 1.6218 AUD. Caution, if there is a return to below 1.6353 AUD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2

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.

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

Additional analysis

Quotes

The EUR/AUD price is 1.6326 AUD. The price registered an increase of +0.01% on the session with the lowest point at 1.6317 AUD and the highest point at 1.6369 AUD. The deviation from the price is +0.06% for the low point and -0.26% for the high point.

1.6317
1.6369
1.6326

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EUR/AUD:
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 1H of this EUR/AUD chart shows a neutral trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

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



From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour


Piercing line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.6240 1.6279 1.6322 1.6326 1.6353 1.6382 1.6411
Change (%) -0.53% -0.29% -0.02% - +0.17% +0.34% +0.52%
Change -0.0086 -0.0047 -0.0004 - +0.0027 +0.0056 +0.0085
Level Minor Major Minor - Major Major 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
Standard1.62401.62681.62961.63241.63521.63801.6408
Camarilla1.63091.63141.63191.63241.63291.63341.6339
Woodie1.62401.62681.62961.63241.63521.63801.6408
Fibonacci1.62681.62891.63031.63241.63451.63591.6380


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.60621.61401.62271.63051.63921.64701.6557
Camarilla1.62691.62841.62991.63141.63291.63441.6359
Woodie1.60671.61421.62321.63071.63971.64721.6562
Fibonacci1.61401.62031.62421.63051.63681.64071.6470


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.58911.60911.62821.64821.66731.68731.7064
Camarilla1.63661.64011.64371.64731.65091.65451.6581
Woodie1.58871.60891.62781.64801.66691.68711.7060
Fibonacci1.60911.62401.63331.64821.66311.67241.6873

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): 46.55
MACD (12,26,9): 0.0001
Directional Movement: 8.8318
AROON (14): 28.5714
DEMA (21): 1.6334
Parabolic SAR (0,02-0,02-0,2): 1.6369
Elder Ray (13): -0.0002
Super Trend (3,10): 1.6309
Zig ZAG (10): 1.6326
VORTEX (21): 1.0032
Stochastique (14,3,5): 18.59
TEMA (21): 1.6332
Williams %R (14): -82.69
Chande Momentum Oscillator (20): 0.0001
Repulse (5,40,3): -0.0964
ROCnROLL: -1
TRIX (15,9): 0.0020
Courbe Coppock: 0.02
MA7: 1.6310
MA20: 1.6402
MA50: 1.6479
MA100: 1.6474
MAexp7: 1.6331
MAexp20: 1.6332
MAexp50: 1.6328
MAexp100: 1.6326
Price / MA7: +0.10%
Price / MA20: -0.46%
Price / MA50: -0.93%
Price / MA100: -0.90%
Price / MAexp7: -0.03%
Price / MAexp20: -0.04%
Price / MAexp50: -0.01%
Price / MAexp100: -0%

Quotes : - Real time data - Forex

News


The latest news and videos published on EUR/AUD at the time of the analysis were as follows:

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

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