AUD/CZK
AUD CZK
- CZK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDCZK
ISIN:

AUD/CZK - 1H - Technical analysis published on 05/11/2020 (GMT)

  • Who voted?
  • 199
  • 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!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 16.39 CZK
My targets
16.45 CZK (+0.03)
16.62 CZK (+0.20)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/CZK. As long as you are above the support located at 16.39 CZK, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 16.45 CZK would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 16.62 CZK as an objective. Crossing it would then enable buyers to target 16.69 CZK. If the support 16.39 CZK were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

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
6.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/CZK price is 16.42 CZK. On the day, this instrument gained +0.12% and was between 16.38 CZK and 16.51 CZK. This implies that the price is at +0.24% from its lowest and at -0.55% from its highest.

16.38
16.51
16.42

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/CZK:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AUD/CZK in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


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


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.27 16.33 16.39 16.42 16.45 16.69 18.16
Change (%) -0.91% -0.55% -0.18% - +0.18% +1.64% +10.60%
Change -0.15 -0.09 -0.03 - +0.03 +0.27 +1.74
Level Minor Minor 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
Standard16.2216.2716.3416.3916.4616.5116.58
Camarilla16.3716.3816.3916.4016.4116.4216.43
Woodie16.2216.2816.3416.4016.4616.5216.58
Fibonacci16.2716.3216.3516.3916.4416.4716.51


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.3815.6116.0016.2316.6216.8517.24
Camarilla16.2316.2916.3416.4016.4616.5116.57
Woodie15.4715.6516.0916.2716.7116.8917.33
Fibonacci15.6115.8415.9916.2316.4616.6116.85


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.0914.6115.3515.8716.6117.1317.87
Camarilla15.7415.8615.9716.0916.2116.3216.44
Woodie14.2014.6715.4615.9316.7217.1917.98
Fibonacci14.6115.0915.3915.8716.3516.6517.13

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): 64.09
MACD (12,26,9): 0.0200
Directional Movement: 15.68
AROON (14): 85.71
DEMA (21): 16.45
Parabolic SAR (0,02-0,02-0,2): 16.39
Elder Ray (13): 0.03
Super Trend (3,10): 16.35
Zig ZAG (10): 16.48
VORTEX (21): 1.0000
Stochastique (14,3,5): 49.74
TEMA (21): 16.44
Williams %R (14): -30.77
Chande Momentum Oscillator (20): 0.06
Repulse (5,40,3): 0.3500
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 0.25
MA7: 16.17
MA20: 16.08
MA50: 15.50
MA100: 15.50
MAexp7: 16.45
MAexp20: 16.42
MAexp50: 16.37
MAexp100: 16.28
Price / MA7: +1.55%
Price / MA20: +2.11%
Price / MA50: +5.94%
Price / MA100: +5.94%
Price / MAexp7: -0.18%
Price / MAexp20: -0%
Price / MAexp50: +0.31%
Price / MAexp100: +0.86%

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
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

no pic

Comments

0 comments on the analysis AUD/CZK - 1H