AUD/PLN - 1H - Technical analysis published on 08/09/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
17%
50%
33%
My opinion
Bullish above 2.6569 PLN
My targets
2.6717 PLN (+0.0116)
2.6795 PLN (+0.0194)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on AUD/PLN as long as the price remains well above 2.6569 PLN. The buyers' bullish objective is set at 2.6717 PLN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.6795 PLN. If there is any crossing, the next objective would be the resistance located at 2.6933 PLN. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/PLN price is 2.6601 PLN. The price has increased by +0.00% since the last closing and was between 2.6572 PLN and 2.6701 PLN. This implies that the price is at +0.11% from its lowest and at -0.37% from its highest.2.6572
2.6701
2.6601
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/PLN:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/PLN in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bearish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 2.6266 | 2.6429 | 2.6569 | 2.6601 | 2.6717 | 2.6795 | 2.6933 |
Change (%) | -1.26% | -0.65% | -0.12% | - | +0.44% | +0.73% | +1.25% |
Change | -0.0335 | -0.0172 | -0.0032 | - | +0.0116 | +0.0194 | +0.0332 |
Level | Intermediate | Minor | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.5957 | 2.6111 | 2.6357 | 2.6511 | 2.6757 | 2.6911 | 2.7157 |
Camarilla | 2.6492 | 2.6529 | 2.6565 | 2.6602 | 2.6639 | 2.6675 | 2.6712 |
Woodie | 2.6002 | 2.6134 | 2.6402 | 2.6534 | 2.6802 | 2.6934 | 2.7202 |
Fibonacci | 2.6111 | 2.6264 | 2.6359 | 2.6511 | 2.6664 | 2.6759 | 2.6911 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.5789 | 2.6113 | 2.6285 | 2.6609 | 2.6781 | 2.7105 | 2.7277 |
Camarilla | 2.6320 | 2.6365 | 2.6411 | 2.6456 | 2.6502 | 2.6547 | 2.6592 |
Woodie | 2.5712 | 2.6075 | 2.6208 | 2.6571 | 2.6704 | 2.7067 | 2.7200 |
Fibonacci | 2.6113 | 2.6303 | 2.6420 | 2.6609 | 2.6799 | 2.6916 | 2.7105 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.5559 | 2.6083 | 2.6492 | 2.7016 | 2.7425 | 2.7949 | 2.8358 |
Camarilla | 2.6645 | 2.6731 | 2.6817 | 2.6902 | 2.6988 | 2.7073 | 2.7159 |
Woodie | 2.5503 | 2.6054 | 2.6436 | 2.6987 | 2.7369 | 2.7920 | 2.8302 |
Fibonacci | 2.6083 | 2.6439 | 2.6659 | 2.7016 | 2.7372 | 2.7592 | 2.7949 |
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): | 50.98 | |
MACD (12,26,9): | 0.0036 | |
Directional Movement: | 0.1343 | |
AROON (14): | 42.8571 | |
DEMA (21): | 2.6648 | |
Parabolic SAR (0,02-0,02-0,2): | 2.6680 | |
Elder Ray (13): | -0.0020 | |
Super Trend (3,10): | 2.6507 | |
Zig ZAG (10): | 2.6593 | |
VORTEX (21): | 1.0836 | |
Stochastique (14,3,5): | 31.99 | |
TEMA (21): | 2.6661 | |
Williams %R (14): | -73.15 | |
Chande Momentum Oscillator (20): | -0.0025 | |
Repulse (5,40,3): | -0.2238 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0276 | |
Courbe Coppock: | 0.30 |
MA7: | 2.6586 | |
MA20: | 2.6866 | |
MA50: | 2.7240 | |
MA100: | 2.7678 | |
MAexp7: | 2.6618 | |
MAexp20: | 2.6596 | |
MAexp50: | 2.6550 | |
MAexp100: | 2.6567 | |
Price / MA7: | +0.06% | |
Price / MA20: | -0.99% | |
Price / MA50: | -2.35% | |
Price / MA100: | -3.89% | |
Price / MAexp7: | -0.06% | |
Price / MAexp20: | +0.02% | |
Price / MAexp50: | +0.19% | |
Price / MAexp100: | +0.13% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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