AUD/PLN - 1H - Technical analysis published on 05/01/2020 (GMT)
- 205
- 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:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 2.6889 PLN
My targets
2.6696 PLN (-0.0039)
2.6602 PLN (-0.0133)
My analysis
The bearish trend is currently very strong for AUD/PLN. As long as the price remains below the resistance at 2.6889 PLN, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.6696 PLN. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.6602 PLN as an objective. Crossing it would then enable sellers to target 2.6328 PLN. 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
6.8
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/PLN rating 2.6735 PLN. The price is lower by -0.84% since the last closing with the lowest point at 2.6717 PLN and the highest point at 2.6973 PLN. The deviation from the price is +0.07% for the low point and -0.88% for the high point.2.6717
2.6973
2.6735
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this AUD/PLN chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
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 over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
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 | 2.6147 | 2.6328 | 2.6696 | 2.6735 | 2.6889 | 2.7111 | 2.7233 |
| Change (%) | -2.20% | -1.52% | -0.15% | - | +0.58% | +1.41% | +1.86% |
| Change | -0.0588 | -0.0407 | -0.0039 | - | +0.0154 | +0.0376 | +0.0498 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | 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 | 2.6176 | 2.6542 | 2.6752 | 2.7118 | 2.7328 | 2.7694 | 2.7904 |
| Camarilla | 2.6804 | 2.6856 | 2.6909 | 2.6962 | 2.7015 | 2.7068 | 2.7120 |
| Woodie | 2.6098 | 2.6503 | 2.6674 | 2.7079 | 2.7250 | 2.7655 | 2.7826 |
| Fibonacci | 2.6542 | 2.6762 | 2.6898 | 2.7118 | 2.7338 | 2.7474 | 2.7694 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.5540 | 2.5844 | 2.6298 | 2.6602 | 2.7056 | 2.7360 | 2.7814 |
| Camarilla | 2.6545 | 2.6614 | 2.6684 | 2.6753 | 2.6823 | 2.6892 | 2.6962 |
| Woodie | 2.5616 | 2.5882 | 2.6374 | 2.6640 | 2.7132 | 2.7398 | 2.7890 |
| Fibonacci | 2.5844 | 2.6133 | 2.6312 | 2.6602 | 2.6891 | 2.7070 | 2.7360 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.3371 | 2.4298 | 2.5630 | 2.6557 | 2.7889 | 2.8816 | 3.0148 |
| Camarilla | 2.6341 | 2.6548 | 2.6755 | 2.6962 | 2.7169 | 2.7376 | 2.7583 |
| Woodie | 2.3574 | 2.4399 | 2.5833 | 2.6658 | 2.8092 | 2.8917 | 3.0351 |
| Fibonacci | 2.4298 | 2.5161 | 2.5694 | 2.6557 | 2.7420 | 2.7953 | 2.8816 |
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): | 19.47 | |
| MACD (12,26,9): | -0.0124 | |
| Directional Movement: | -32.5861 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 2.6763 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.6821 | |
| Elder Ray (13): | -0.0115 | |
| Super Trend (3,10): | 2.6925 | |
| Zig ZAG (10): | 2.6749 | |
| VORTEX (21): | 0.7110 | |
| Stochastique (14,3,5): | 5.40 | |
| TEMA (21): | 2.6707 | |
| Williams %R (14): | -93.97 | |
| Chande Momentum Oscillator (20): | -0.0239 | |
| Repulse (5,40,3): | -0.3747 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0634 | |
| Courbe Coppock: | 1.83 |
| MA7: | 2.7010 | |
| MA20: | 2.6542 | |
| MA50: | 2.5711 | |
| MA100: | 2.6003 | |
| MAexp7: | 2.6818 | |
| MAexp20: | 2.6923 | |
| MAexp50: | 2.7072 | |
| MAexp100: | 2.7077 | |
| Price / MA7: | -1.02% | |
| Price / MA20: | +0.73% | |
| Price / MA50: | +3.98% | |
| Price / MA100: | +2.82% | |
| Price / MAexp7: | -0.31% | |
| Price / MAexp20: | -0.70% | |
| Price / MAexp50: | -1.24% | |
| Price / MAexp100: | -1.26% |
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/PLN - 1H