EUR/AUD

- AUD (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	EURAUD
ISIN:

EUR/AUD - 1H - Technical analysis published on 05/21/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

50%

My opinion

Bullish above 1.6279 AUD

My targets

1.6317 AUD (+0.0019)

1.6352 AUD (+0.0054)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/AUD as long as the price remains well above 1.6279 AUD. The buyers' bullish objective is set at 1.6317 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.6352 AUD. If there is any crossing, the next objective would be the resistance located at 1.6369 AUD.

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

5.9

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.

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

Additional analysis

Quotes

The EUR/AUD rating is 1.6298 AUD. The price registered an increase of +0.12% on the session and was traded between 1.6269 AUD and 1.6326 AUD over the period. The price is currently at +0.18% from its lowest and -0.17% from its highest.

1.6269

1.6326

1.6298

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:

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

Technical analysis of this 1H chart of EUR/AUD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.6260	1.6279	1.6295	1.6298	1.6317	1.6352	1.6369
Change (%)	-0.23%	-0.12%	-0.02%	-	+0.12%	+0.33%	+0.44%
Change	-0.0038	-0.0019	-0.0003	-	+0.0019	+0.0054	+0.0071
Level	Minor	Major	Intermediate	-	Minor	Intermediate	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	1.6149	1.6181	1.6230	1.6262	1.6311	1.6343	1.6392
Camarilla	1.6256	1.6263	1.6271	1.6278	1.6285	1.6293	1.6300
Woodie	1.6157	1.6185	1.6238	1.6266	1.6319	1.6347	1.6400
Fibonacci	1.6181	1.6212	1.6231	1.6262	1.6293	1.6312	1.6343

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.6040	1.6131	1.6186	1.6277	1.6332	1.6423	1.6478
Camarilla	1.6200	1.6213	1.6227	1.6240	1.6253	1.6267	1.6280
Woodie	1.6021	1.6122	1.6167	1.6268	1.6313	1.6414	1.6459
Fibonacci	1.6131	1.6187	1.6222	1.6277	1.6333	1.6368	1.6423

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.5891	1.6091	1.6282	1.6482	1.6673	1.6873	1.7064
Camarilla	1.6366	1.6401	1.6437	1.6473	1.6509	1.6545	1.6581
Woodie	1.5887	1.6089	1.6278	1.6480	1.6669	1.6871	1.7060
Fibonacci	1.6091	1.6240	1.6333	1.6482	1.6631	1.6724	1.6873

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.24
MACD (12,26,9):	0.0012
Directional Movement:	5.8002
AROON (14):	14.2857
DEMA (21):	1.6308
Parabolic SAR (0,02-0,02-0,2):	1.6282
Elder Ray (13):	-0.0001
Super Trend (3,10):	1.6263
Zig ZAG (10):	1.6301
VORTEX (21):	1.1154
Stochastique (14,3,5):	59.06
TEMA (21):	1.6315
Williams %R (14):	-45.61
Chande Momentum Oscillator (20):	0.0012
Repulse (5,40,3):	0.0011
ROCnROLL:	1
TRIX (15,9):	0.0112
Courbe Coppock:	0.33

MA7:	1.6283
MA20:	1.6331
MA50:	1.6451
MA100:	1.6478
MAexp7:	1.6305
MAexp20:	1.6292
MAexp50:	1.6279
MAexp100:	1.6281
Price / MA7:	+0.09%
Price / MA20:	-0.20%
Price / MA50:	-0.93%
Price / MA100:	-1.09%
Price / MAexp7:	-0.04%
Price / MAexp20:	+0.04%
Price / MAexp50:	+0.12%
Price / MAexp100:	+0.10%

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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