AUD/PLN - 1H - Technical analysis published on 08/07/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 2.6866 PLN
My targets
2.6950 PLN (+0.0028)
2.7073 PLN (+0.0151)
My analysis
AUD/PLN is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.6866 PLN. The next resistance located at 2.6950 PLN is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2.7073 PLN. After this resistance, buyers could then target 2.7641 PLN. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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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 2.6922 PLN. On the day, this instrument gained +0.07% with the lowest point at 2.6870 PLN and the highest point at 2.6954 PLN. The deviation from the price is +0.19% for the low point and -0.12% for the high point.2.6870
2.6954
2.6922
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.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/PLN:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on AUD/PLN were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this AUD/PLN chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish 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.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.6783 | 2.6866 | 2.6914 | 2.6922 | 2.6950 | 2.7073 | 2.7641 |
| Change (%) | -0.52% | -0.21% | -0.03% | - | +0.10% | +0.56% | +2.67% |
| Change | -0.0139 | -0.0056 | -0.0008 | - | +0.0028 | +0.0151 | +0.0719 |
| Level | Minor | Minor | Minor | - | Minor | Intermediate | Major |
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 | 2.6365 | 2.6492 | 2.6697 | 2.6824 | 2.7029 | 2.7156 | 2.7361 |
| Camarilla | 2.6812 | 2.6842 | 2.6873 | 2.6903 | 2.6933 | 2.6964 | 2.6994 |
| Woodie | 2.6405 | 2.6512 | 2.6737 | 2.6844 | 2.7069 | 2.7176 | 2.7401 |
| Fibonacci | 2.6492 | 2.6619 | 2.6697 | 2.6824 | 2.6951 | 2.7029 | 2.7156 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.5696 | 2.5944 | 2.6347 | 2.6595 | 2.6998 | 2.7246 | 2.7649 |
| Camarilla | 2.6571 | 2.6631 | 2.6690 | 2.6750 | 2.6810 | 2.6869 | 2.6929 |
| Woodie | 2.5774 | 2.5983 | 2.6425 | 2.6634 | 2.7076 | 2.7285 | 2.7727 |
| Fibonacci | 2.5944 | 2.6193 | 2.6346 | 2.6595 | 2.6844 | 2.6997 | 2.7246 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.5356 | 2.5990 | 2.6386 | 2.7020 | 2.7416 | 2.8050 | 2.8446 |
| Camarilla | 2.6498 | 2.6592 | 2.6687 | 2.6781 | 2.6875 | 2.6970 | 2.7064 |
| Woodie | 2.5236 | 2.5931 | 2.6266 | 2.6961 | 2.7296 | 2.7991 | 2.8326 |
| Fibonacci | 2.5990 | 2.6384 | 2.6627 | 2.7020 | 2.7414 | 2.7657 | 2.8050 |
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): | 62.83 | |
| MACD (12,26,9): | 0.0047 | |
| Directional Movement: | 7.6569 | |
| AROON (14): | 85.7142 | |
| DEMA (21): | 2.6936 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.6872 | |
| Elder Ray (13): | 0.0028 | |
| Super Trend (3,10): | 2.6787 | |
| Zig ZAG (10): | 2.6931 | |
| VORTEX (21): | 1.2018 | |
| Stochastique (14,3,5): | 78.94 | |
| TEMA (21): | 2.6955 | |
| Williams %R (14): | -27.59 | |
| Chande Momentum Oscillator (20): | 0.0036 | |
| Repulse (5,40,3): | 0.0702 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0259 | |
| Courbe Coppock: | 0.70 |
| MA7: | 2.6722 | |
| MA20: | 2.6996 | |
| MA50: | 2.7194 | |
| MA100: | 2.6862 | |
| MAexp7: | 2.6915 | |
| MAexp20: | 2.6874 | |
| MAexp50: | 2.6814 | |
| MAexp100: | 2.6789 | |
| Price / MA7: | +0.75% | |
| Price / MA20: | -0.27% | |
| Price / MA50: | -1.00% | |
| Price / MA100: | +0.22% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.18% | |
| Price / MAexp50: | +0.40% | |
| Price / MAexp100: | +0.50% |
Quotes :
2020-08-07 06:32:11
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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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