EUR/CZK - 1H - Technical analysis published on 09/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 24.5038 CZK
My targets
24.6036 CZK (+0.0553)
24.6405 CZK (+0.0922)
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/CZK as long as the price remains well above 24.5038 CZK. The buyers' bullish objective is set at 24.6036 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 24.6405 CZK. If there is any crossing, the next objective would be the resistance located at 24.6579 CZK.
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
0
10
4.8
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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 EUR/CZK rating is 24.5483 CZK. On the day, this instrument gained +0.00% and was between 24.5463 CZK and 24.5502 CZK. This implies that the price is at +0.01% from its lowest and at -0.01% from its highest.24.5463
24.5502
24.5483
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/CZK in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 24.4818 | 24.5038 | 24.5378 | 24.5483 | 24.5598 | 24.6036 | 24.6405 |
| Change (%) | -0.27% | -0.18% | -0.04% | - | +0.05% | +0.23% | +0.38% |
| Change | -0.0665 | -0.0445 | -0.0105 | - | +0.0115 | +0.0553 | +0.0922 |
| Level | Minor | Major | Minor | - | Minor | 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 | 24.4096 | 24.4561 | 24.5023 | 24.5488 | 24.5950 | 24.6415 | 24.6877 |
| Camarilla | 24.5231 | 24.5316 | 24.5401 | 24.5486 | 24.5571 | 24.5656 | 24.5741 |
| Woodie | 24.4096 | 24.4560 | 24.5023 | 24.5487 | 24.5950 | 24.6414 | 24.6877 |
| Fibonacci | 24.4561 | 24.4915 | 24.5134 | 24.5488 | 24.5842 | 24.6061 | 24.6415 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.3520 | 24.4277 | 24.4894 | 24.5651 | 24.6268 | 24.7025 | 24.7642 |
| Camarilla | 24.5134 | 24.5260 | 24.5386 | 24.5512 | 24.5638 | 24.5764 | 24.5890 |
| Woodie | 24.3451 | 24.4242 | 24.4825 | 24.5616 | 24.6199 | 24.6990 | 24.7573 |
| Fibonacci | 24.4277 | 24.4802 | 24.5126 | 24.5651 | 24.6176 | 24.6500 | 24.7025 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.8947 | 24.0839 | 24.2957 | 24.4849 | 24.6967 | 24.8859 | 25.0977 |
| Camarilla | 24.3973 | 24.4341 | 24.4708 | 24.5076 | 24.5444 | 24.5811 | 24.6179 |
| Woodie | 23.9061 | 24.0896 | 24.3071 | 24.4906 | 24.7081 | 24.8916 | 25.1091 |
| Fibonacci | 24.0839 | 24.2371 | 24.3317 | 24.4849 | 24.6381 | 24.7327 | 24.8859 |
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): | 55.61 | |
| MACD (12,26,9): | 0.0036 | |
| Directional Movement: | 13.4000 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 24.5469 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.5398 | |
| Elder Ray (13): | 0.0055 | |
| Super Trend (3,10): | 24.5774 | |
| Zig ZAG (10): | 24.5486 | |
| VORTEX (21): | 1.0879 | |
| Stochastique (14,3,5): | 35.25 | |
| TEMA (21): | 24.5498 | |
| Williams %R (14): | -76.73 | |
| Chande Momentum Oscillator (20): | -0.0132 | |
| Repulse (5,40,3): | -0.0163 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0018 | |
| Courbe Coppock: | 0.09 |
| MA7: | 24.5615 | |
| MA20: | 24.5835 | |
| MA50: | 24.5580 | |
| MA100: | 24.6454 | |
| MAexp7: | 24.5468 | |
| MAexp20: | 24.5428 | |
| MAexp50: | 24.5413 | |
| MAexp100: | 24.5459 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | -0.14% | |
| Price / MA50: | -0.04% | |
| Price / MA100: | -0.39% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | +0.01% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on EUR/CZK. At the time of publication of this analysis, the latest news was as follows:
Tensions Could Impact EUR/CZKThis member declared not having a position on this financial instrument or a related financial instrument.
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