EUR/AUD - 1H - Technical analysis published on 11/15/2019 (GMT)
- Who voted?
- 160
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bullish
Technical indicators
17%
61%
22%
My opinion
Bullish above 1.6117 AUD
My targets
1.6262 AUD (+0.33%)
1.6305 AUD (+0.60%)
My analysis
The basic trend is bullish on EUR/AUD and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 1.6117 AUD. Sellers would then use the next support located at 1.6090 AUD as an objective. Crossing it would then enable sellers to target 1.6058 AUD. If there is a return to above the resistance located at 1.6262 AUD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 1.6305 AUD and 1.6416 AUD by extension.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
0
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/AUD rating 1.6208 AUD. On the day, this instrument lost -0.18% with the lowest point at 1.6200 AUD and the highest point at 1.6265 AUD. The deviation from the price is +0.05% for the low point and -0.35% for the high point.1.6200
1.6265
1.6208
Here is a more detailed summary of the historical variations registered by EUR/AUD:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/AUD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.6058 | 1.6090 | 1.6117 | 1.6208 | 1.6262 | 1.6305 | 1.6416 |
| Change (%) | -0.93% | -0.73% | -0.56% | - | +0.33% | +0.60% | +1.28% |
| Change | -0.0150 | -0.0118 | -0.0091 | - | +0.0054 | +0.0097 | +0.0208 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5965 | 1.6030 | 1.6133 | 1.6198 | 1.6301 | 1.6366 | 1.6469 |
| Camarilla | 1.6191 | 1.6206 | 1.6222 | 1.6237 | 1.6252 | 1.6268 | 1.6283 |
| Woodie | 1.5985 | 1.6040 | 1.6153 | 1.6208 | 1.6321 | 1.6376 | 1.6489 |
| Fibonacci | 1.6030 | 1.6094 | 1.6134 | 1.6198 | 1.6262 | 1.6302 | 1.6366 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5764 | 1.5869 | 1.5969 | 1.6074 | 1.6174 | 1.6279 | 1.6379 |
| Camarilla | 1.6012 | 1.6030 | 1.6049 | 1.6068 | 1.6087 | 1.6106 | 1.6124 |
| Woodie | 1.5761 | 1.5868 | 1.5966 | 1.6073 | 1.6171 | 1.6278 | 1.6376 |
| Fibonacci | 1.5869 | 1.5948 | 1.5996 | 1.6074 | 1.6153 | 1.6201 | 1.6279 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5673 | 1.5875 | 1.6030 | 1.6232 | 1.6387 | 1.6589 | 1.6744 |
| Camarilla | 1.6088 | 1.6121 | 1.6153 | 1.6186 | 1.6219 | 1.6251 | 1.6284 |
| Woodie | 1.5651 | 1.5863 | 1.6008 | 1.6220 | 1.6365 | 1.6577 | 1.6722 |
| Fibonacci | 1.5875 | 1.6011 | 1.6095 | 1.6232 | 1.6368 | 1.6452 | 1.6589 |
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): | 43.68 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | -0.1728 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 1.6226 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.6246 | |
| Elder Ray (13): | -0.0012 | |
| Super Trend (3,10): | 1.6196 | |
| Zig ZAG (10): | 1.6202 | |
| VORTEX (21): | 0.9441 | |
| Stochastique (14,3,5): | 9.83 | |
| TEMA (21): | 1.6215 | |
| Williams %R (14): | -95.38 | |
| Chande Momentum Oscillator (20): | -0.0030 | |
| Repulse (5,40,3): | -0.0907 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0044 | |
| Courbe Coppock: | 0.12 |
| MA7: | 1.6120 | |
| MA20: | 1.6167 | |
| MA50: | 1.6199 | |
| MA100: | 1.6223 | |
| MAexp7: | 1.6219 | |
| MAexp20: | 1.6223 | |
| MAexp50: | 1.6204 | |
| MAexp100: | 1.6172 | |
| Price / MA7: | +0.55% | |
| Price / MA20: | +0.25% | |
| Price / MA50: | +0.06% | |
| Price / MA100: | -0.09% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | +0.22% |
News
Don"t forget to follow the news on EUR/AUD. At the time of publication of this analysis, the latest news was as follows:
-
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
-
Weekly Technical Analysis: 31/07/2017 - EURJPY, EURGBP, EURAUD, EURCAD
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis EUR/AUD - 1H