AUD/PLN - 1H - Technical analysis published on 07/14/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bearish
Technical indicators
56%
17%
28%
My opinion
Bearish under 2.7581 PLN
My targets
2.7476 PLN (-0.0038)
2.7446 PLN (-0.0068)
My analysis
In a bearish trend, the price of AUD/PLN tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 2.7581 PLN. A bearish break in the support located at 2.7476 PLN would revive the bearish momentum and fuel the basic trend. Then the price could move towards 2.7446 PLN. Then 2.7413 PLN by extension. It would be safer to wait for a bearish break in the support located at 2.7476 PLN before allowing yourself to re trade short positions (for sale) on AUD/PLN. PS: if there is a bullish break in the resistance located at 2.7581 PLN we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0
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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/PLN rating 2.7514 PLN. The price has increased by +0.20% since the last closing and was traded between 2.7429 PLN and 2.7533 PLN over the period. The price is currently at +0.31% from its lowest and -0.07% from its highest.2.7429
2.7533
2.7514
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on AUD/PLN were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of AUD/PLN indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
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 resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle 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 | 2.7413 | 2.7446 | 2.7476 | 2.7514 | 2.7538 | 2.7581 | 2.7641 |
| Change (%) | -0.37% | -0.25% | -0.14% | - | +0.09% | +0.24% | +0.46% |
| Change | -0.0101 | -0.0068 | -0.0038 | - | +0.0024 | +0.0067 | +0.0127 |
| Level | Minor | Major | Intermediate | - | Minor | Minor | Major |
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 | 2.7220 | 2.7316 | 2.7388 | 2.7484 | 2.7556 | 2.7652 | 2.7724 |
| Camarilla | 2.7413 | 2.7428 | 2.7444 | 2.7459 | 2.7474 | 2.7490 | 2.7505 |
| Woodie | 2.7207 | 2.7310 | 2.7375 | 2.7478 | 2.7543 | 2.7646 | 2.7711 |
| Fibonacci | 2.7316 | 2.7381 | 2.7420 | 2.7484 | 2.7549 | 2.7588 | 2.7652 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.7143 | 2.7282 | 2.7376 | 2.7515 | 2.7609 | 2.7748 | 2.7842 |
| Camarilla | 2.7405 | 2.7426 | 2.7448 | 2.7469 | 2.7490 | 2.7512 | 2.7533 |
| Woodie | 2.7120 | 2.7271 | 2.7353 | 2.7504 | 2.7586 | 2.7737 | 2.7819 |
| Fibonacci | 2.7282 | 2.7371 | 2.7426 | 2.7515 | 2.7604 | 2.7659 | 2.7748 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.5783 | 2.6183 | 2.6745 | 2.7145 | 2.7707 | 2.8107 | 2.8669 |
| Camarilla | 2.7043 | 2.7132 | 2.7220 | 2.7308 | 2.7396 | 2.7484 | 2.7573 |
| Woodie | 2.5865 | 2.6224 | 2.6827 | 2.7186 | 2.7789 | 2.8148 | 2.8751 |
| Fibonacci | 2.6183 | 2.6550 | 2.6777 | 2.7145 | 2.7512 | 2.7739 | 2.8107 |
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): | 49.21 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -0.4121 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 2.7496 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.7431 | |
| Elder Ray (13): | 0.0010 | |
| Super Trend (3,10): | 2.7448 | |
| Zig ZAG (10): | 2.7511 | |
| VORTEX (21): | 0.9436 | |
| Stochastique (14,3,5): | 55.83 | |
| TEMA (21): | 2.7496 | |
| Williams %R (14): | -41.13 | |
| Chande Momentum Oscillator (20): | -0.0042 | |
| Repulse (5,40,3): | 0.1479 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0013 | |
| Courbe Coppock: | 0.37 |
| MA7: | 2.7521 | |
| MA20: | 2.7399 | |
| MA50: | 2.7234 | |
| MA100: | 2.6485 | |
| MAexp7: | 2.7501 | |
| MAexp20: | 2.7500 | |
| MAexp50: | 2.7507 | |
| MAexp100: | 2.7512 | |
| Price / MA7: | -0.03% | |
| Price / MA20: | +0.42% | |
| Price / MA50: | +1.03% | |
| Price / MA100: | +3.89% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | +0.01% |
Quotes :
2020-07-14 07:08:56
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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