AUD/CZK - 1H - Technical analysis published on 04/08/2020 (GMT)
- Who voted?
- 241
- 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:
Bullish
De fond:
Slightly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 15.40 CZK
My targets
15.56 CZK (+0.12)
15.68 CZK (+0.24)
My analysis
The basic trend is currently slightly bullish on AUD/CZK and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 15.40 CZK, purchases could be favourable. The first bullish objective would be the resistance located at 15.56 CZK. Then the price could move towards 15.68 CZK. Then 15.93 CZK by extension. A return under the support to 15.40 CZK could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.2
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/CZK rating 15.44 CZK. The price registered an increase of +0.72% on the session and was between 15.30 CZK and 15.47 CZK. This implies that the price is at +0.92% from its lowest and at -0.19% from its highest.15.30
15.47
15.44
Here is a more detailed summary of the historical variations registered by AUD/CZK:
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 AUD/CZK indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.21 | 15.32 | 15.40 | 15.44 | 15.56 | 15.68 | 15.93 |
| Change (%) | -1.49% | -0.78% | -0.26% | - | +0.78% | +1.55% | +3.17% |
| Change | -0.23 | -0.12 | -0.04 | - | +0.12 | +0.24 | +0.49 |
| Level | Major | Minor | Intermediate | - | Major | Minor | Intermediate |
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 | 14.86 | 15.10 | 15.21 | 15.45 | 15.56 | 15.80 | 15.91 |
| Camarilla | 15.23 | 15.27 | 15.30 | 15.33 | 15.36 | 15.39 | 15.43 |
| Woodie | 14.81 | 15.07 | 15.16 | 15.42 | 15.51 | 15.77 | 15.86 |
| Fibonacci | 15.10 | 15.23 | 15.31 | 15.45 | 15.58 | 15.66 | 15.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.63 | 14.84 | 15.12 | 15.33 | 15.61 | 15.82 | 16.10 |
| Camarilla | 15.27 | 15.31 | 15.36 | 15.40 | 15.45 | 15.49 | 15.54 |
| Woodie | 14.67 | 14.86 | 15.16 | 15.35 | 15.65 | 15.84 | 16.14 |
| Fibonacci | 14.84 | 15.03 | 15.14 | 15.33 | 15.52 | 15.63 | 15.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.80 | 13.39 | 14.32 | 14.91 | 15.84 | 16.43 | 17.36 |
| Camarilla | 14.82 | 14.96 | 15.10 | 15.24 | 15.38 | 15.52 | 15.66 |
| Woodie | 12.96 | 13.48 | 14.48 | 15.00 | 16.00 | 16.52 | 17.52 |
| Fibonacci | 13.39 | 13.97 | 14.33 | 14.91 | 15.49 | 15.85 | 16.43 |
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): | 57.60 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | 7.53 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 15.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.32 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 15.31 | |
| Zig ZAG (10): | 15.46 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 97.22 | |
| TEMA (21): | 15.39 | |
| Williams %R (14): | -11.76 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | 0.5100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.14 |
| MA7: | 15.39 | |
| MA20: | 15.10 | |
| MA50: | 15.16 | |
| MA100: | 15.43 | |
| MAexp7: | 15.41 | |
| MAexp20: | 15.41 | |
| MAexp50: | 15.43 | |
| MAexp100: | 15.41 | |
| Price / MA7: | +0.32% | |
| Price / MA20: | +2.25% | |
| Price / MA50: | +1.85% | |
| Price / MA100: | +0.06% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.19% |
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 AUD/CZK - 1H