AUD/CZK - 1H - Technical analysis published on 12/17/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 15.69 CZK
My targets
15.57 CZK (-0.09)
15.45 CZK (-0.21)
My analysis
The bearish trend is currently very strong for AUD/CZK. As long as the price remains below the resistance at 15.69 CZK, you could try to take advantage of the bearish rally. The first bearish objective is located at 15.57 CZK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 15.45 CZK as an objective. Crossing it would then enable sellers to target 11.94 CZK. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
7.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/CZK rating 15.66 CZK. On the day, this instrument lost -0.26% and was traded between 15.66 CZK and 15.71 CZK over the period. The price is currently at 0% from its lowest and -0.32% from its highest.15.66
15.71
15.66
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/CZK indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 3 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 11.94 | 15.57 | 15.66 | 15.66 | 15.69 | 15.71 |
| Change (%) | -23.75% | -0.57% | 0% | - | +0.19% | +0.32% |
| Change | -3.72 | -0.09 | 0 | - | +0.03 | +0.05 |
| Level | Minor | Major | 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 | 15.59 | 15.64 | 15.67 | 15.72 | 15.75 | 15.80 | 15.83 |
| Camarilla | 15.68 | 15.69 | 15.69 | 15.70 | 15.71 | 15.72 | 15.72 |
| Woodie | 15.58 | 15.64 | 15.66 | 15.72 | 15.74 | 15.80 | 15.82 |
| Fibonacci | 15.64 | 15.67 | 15.69 | 15.72 | 15.75 | 15.77 | 15.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.45 | 15.56 | 15.65 | 15.76 | 15.85 | 15.96 | 16.05 |
| Camarilla | 15.70 | 15.71 | 15.73 | 15.75 | 15.77 | 15.79 | 15.81 |
| Woodie | 15.45 | 15.56 | 15.65 | 15.76 | 15.85 | 15.96 | 16.05 |
| Fibonacci | 15.56 | 15.63 | 15.68 | 15.76 | 15.83 | 15.88 | 15.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.22 | 15.43 | 15.55 | 15.76 | 15.88 | 16.09 | 16.21 |
| Camarilla | 15.58 | 15.61 | 15.64 | 15.67 | 15.70 | 15.73 | 15.76 |
| Woodie | 15.18 | 15.41 | 15.51 | 15.74 | 15.84 | 16.07 | 16.17 |
| Fibonacci | 15.43 | 15.56 | 15.63 | 15.76 | 15.89 | 15.96 | 16.09 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 26.11 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -17.48 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 15.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.70 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 15.72 | |
| Zig ZAG (10): | 15.66 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 0.00 | |
| TEMA (21): | 15.66 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.74 |
| MA7: | 15.72 | |
| MA20: | 15.72 | |
| MA50: | 15.77 | |
| MA100: | 15.80 | |
| MAexp7: | 15.68 | |
| MAexp20: | 15.70 | |
| MAexp50: | 15.73 | |
| MAexp100: | 15.74 | |
| Price / MA7: | -0.38% | |
| Price / MA20: | -0.38% | |
| Price / MA50: | -0.70% | |
| Price / MA100: | -0.89% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.25% | |
| Price / MAexp50: | -0.45% | |
| Price / MAexp100: | -0.51% |
This member declared not having a position on this financial instrument or a related financial instrument.
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