Londinia Opportunities Analyses - 09/21/2021 (GMT) EUR/AUD - 1H

- AUD (-)
- Real time data - Forex
Type: Forex
Ticker: EURAUD
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.6163 AUD
My targets
1.6289 AUD (+0.0070)
1.6398 AUD (+0.0179)
My analysis
EUR/AUD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.6163 AUD. The next resistance located at 1.6289 AUD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.6398 AUD. After this resistance, buyers could then target 1.7312 AUD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.8

Analysis too old. There are no more charts available.

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.

Additional analysis

Quotes

The EUR/AUD rating is 1.6219 AUD. The price registered an increase of +0.41% on the session and was between 1.6112 AUD and 1.6234 AUD. This implies that the price is at +0.66% from its lowest and at -0.09% from its highest.

1.6112
1.6234
1.6219

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

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of EUR/AUD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.6131 1.6163 1.6215 1.6219 1.6289 1.6398 1.7312
Change (%) -0.54% -0.35% -0.02% - +0.43% +1.10% +6.74%
Change -0.0088 -0.0056 -0.0004 - +0.0070 +0.0179 +0.1093
Level Minor Intermediate Minor - Major Intermediate Minor



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
Standard1.60301.60801.61161.61661.62021.62521.6288
Camarilla1.61291.61371.61451.61531.61611.61691.6177
Woodie1.60241.60771.61101.61631.61961.62491.6282
Fibonacci1.60801.61131.61331.61661.61991.62191.6252


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.58511.59231.60281.61001.62051.62771.6382
Camarilla1.60851.61021.61181.61341.61501.61671.6183
Woodie1.58691.59311.60461.61081.62231.62851.6400
Fibonacci1.59231.59901.60321.61001.61671.62091.6277


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.53431.56221.58801.61591.64171.66961.6954
Camarilla1.59911.60411.60901.61391.61881.62381.6287
Woodie1.53341.56171.58711.61541.64081.66911.6945
Fibonacci1.56221.58271.59541.61591.63641.64911.6696

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 60.69
MACD (12,26,9): 0.0016
Directional Movement: 17.4627
AROON (14): 50.0000
DEMA (21): 1.6206
Parabolic SAR (0,02-0,02-0,2): 1.6180
Elder Ray (13): 0.0021
Super Trend (3,10): 1.6145
Zig ZAG (10): 1.6219
VORTEX (21): 1.1092
Stochastique (14,3,5): 84.43
TEMA (21): 1.6218
Williams %R (14): -9.02
Chande Momentum Oscillator (20): 0.0094
Repulse (5,40,3): 0.0752
ROCnROLL: 1
TRIX (15,9): 0.0084
Courbe Coppock: 0.91
MA7: 1.6129
MA20: 1.6100
MA50: 1.6076
MA100: 1.5906
MAexp7: 1.6209
MAexp20: 1.6189
MAexp50: 1.6170
MAexp100: 1.6150
Price / MA7: +0.56%
Price / MA20: +0.74%
Price / MA50: +0.89%
Price / MA100: +1.97%
Price / MAexp7: +0.06%
Price / MAexp20: +0.19%
Price / MAexp50: +0.30%
Price / MAexp100: +0.43%

Quotes : - Real time data - Forex