AUD/PLN - 1H - Technical analysis published on 02/26/2020 (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%
56%
22%
My opinion
Bearish under 2.6093 PLN
My targets
2.5844 PLN (-0.0164)
2.5596 PLN (-0.0412)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/PLN as long as the price remains well below 2.6093 PLN. The sellers” bearish objective is set at 2.5844 PLN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.5596 PLN. In case of crossing, the next objective would be the support located at 2.4492 PLN. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
7.1
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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 2.6008 PLN. The price registered a decrease of -0.50% on the session and was traded between 2.5986 PLN and 2.6169 PLN over the period. The price is currently at +0.08% from its lowest and -0.62% from its highest.2.5986
2.6169
2.6008
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/PLN in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals 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, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
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
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.2474 | 2.4492 | 2.5989 | 2.6008 | 2.6093 | 2.6133 | 2.6268 |
| Change (%) | -13.59% | -5.83% | -0.07% | - | +0.33% | +0.48% | +1.00% |
| Change | -0.3534 | -0.1516 | -0.0019 | - | +0.0085 | +0.0125 | +0.0260 |
| Level | Minor | Intermediate | Major | - | Intermediate | 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 | 2.5863 | 2.5968 | 2.6054 | 2.6159 | 2.6245 | 2.6350 | 2.6436 |
| Camarilla | 2.6087 | 2.6104 | 2.6122 | 2.6139 | 2.6157 | 2.6174 | 2.6192 |
| Woodie | 2.5853 | 2.5963 | 2.6044 | 2.6154 | 2.6235 | 2.6345 | 2.6426 |
| Fibonacci | 2.5968 | 2.6041 | 2.6086 | 2.6159 | 2.6232 | 2.6277 | 2.6350 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.5596 | 2.5844 | 2.6017 | 2.6265 | 2.6438 | 2.6686 | 2.6859 |
| Camarilla | 2.6073 | 2.6112 | 2.6150 | 2.6189 | 2.6228 | 2.6266 | 2.6305 |
| Woodie | 2.5558 | 2.5825 | 2.5979 | 2.6246 | 2.6400 | 2.6667 | 2.6821 |
| Fibonacci | 2.5844 | 2.6005 | 2.6105 | 2.6265 | 2.6426 | 2.6526 | 2.6686 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4885 | 2.5388 | 2.5648 | 2.6151 | 2.6411 | 2.6914 | 2.7174 |
| Camarilla | 2.5698 | 2.5768 | 2.5838 | 2.5908 | 2.5978 | 2.6048 | 2.6118 |
| Woodie | 2.4764 | 2.5327 | 2.5527 | 2.6090 | 2.6290 | 2.6853 | 2.7053 |
| Fibonacci | 2.5388 | 2.5680 | 2.5860 | 2.6151 | 2.6443 | 2.6623 | 2.6914 |
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): | 34.55 | |
| MACD (12,26,9): | -0.0042 | |
| Directional Movement: | -16.0597 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 2.6029 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.6121 | |
| Elder Ray (13): | -0.0055 | |
| Super Trend (3,10): | 2.6134 | |
| Zig ZAG (10): | 2.6002 | |
| VORTEX (21): | 0.9037 | |
| Stochastique (14,3,5): | 10.75 | |
| TEMA (21): | 2.6006 | |
| Williams %R (14): | -95.08 | |
| Chande Momentum Oscillator (20): | -0.0143 | |
| Repulse (5,40,3): | -0.2143 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0175 | |
| Courbe Coppock: | 0.71 |
| MA7: | 2.6236 | |
| MA20: | 2.6178 | |
| MA50: | 2.6289 | |
| MA100: | 2.6346 | |
| MAexp7: | 2.6029 | |
| MAexp20: | 2.6080 | |
| MAexp50: | 2.6134 | |
| MAexp100: | 2.6184 | |
| Price / MA7: | -0.87% | |
| Price / MA20: | -0.65% | |
| Price / MA50: | -1.07% | |
| Price / MA100: | -1.28% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.28% | |
| Price / MAexp50: | -0.48% | |
| Price / MAexp100: | -0.67% |
This member declared not having a position on this financial instrument or a related financial instrument.
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