AUD/PLN - 1H - Technical analysis published on 03/10/2020 (GMT)
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- 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
28%
39%
33%
My opinion
Bearish under 2.5037 PLN
My targets
2.4797 PLN (-0.0037)
2.4492 PLN (-0.0342)
My analysis
The bearish trend is currently very strong for AUD/PLN. As long as the price remains below the resistance at 2.5037 PLN, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.4797 PLN. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.4492 PLN as an objective. Crossing it would then enable sellers to target 2.3745 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
6.4
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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 2.4834 PLN. The price registered a decrease of -0.93% on the session and was between 2.4801 PLN and 2.5126 PLN. This implies that the price is at +0.13% from its lowest and at -1.16% from its highest.2.4801
2.5126
2.4834
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
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. The overall trend is supported by the strong bearish signals from 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.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.3745 | 2.4492 | 2.4824 | 2.4834 | 2.5231 | 2.5465 | 2.5640 |
| Change (%) | -4.39% | -1.38% | -0.04% | - | +1.60% | +2.54% | +3.25% |
| Change | -0.1089 | -0.0342 | -0.0010 | - | +0.0397 | +0.0631 | +0.0806 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.2628 | 2.3187 | 2.4126 | 2.4685 | 2.5624 | 2.6183 | 2.7122 |
| Camarilla | 2.4654 | 2.4791 | 2.4929 | 2.5066 | 2.5203 | 2.5341 | 2.5478 |
| Woodie | 2.2819 | 2.3282 | 2.4317 | 2.4780 | 2.5815 | 2.6278 | 2.7313 |
| Fibonacci | 2.3187 | 2.3759 | 2.4112 | 2.4685 | 2.5257 | 2.5610 | 2.6183 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4493 | 2.4797 | 2.5037 | 2.5341 | 2.5581 | 2.5885 | 2.6125 |
| Camarilla | 2.5127 | 2.5177 | 2.5227 | 2.5277 | 2.5327 | 2.5377 | 2.5427 |
| Woodie | 2.4461 | 2.4781 | 2.5005 | 2.5325 | 2.5549 | 2.5869 | 2.6093 |
| Fibonacci | 2.4797 | 2.5005 | 2.5133 | 2.5341 | 2.5549 | 2.5677 | 2.5885 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.3969 | 2.4671 | 2.5109 | 2.5811 | 2.6249 | 2.6951 | 2.7389 |
| Camarilla | 2.5233 | 2.5337 | 2.5442 | 2.5546 | 2.5651 | 2.5755 | 2.5860 |
| Woodie | 2.3836 | 2.4605 | 2.4976 | 2.5745 | 2.6116 | 2.6885 | 2.7256 |
| Fibonacci | 2.4671 | 2.5107 | 2.5376 | 2.5811 | 2.6247 | 2.6516 | 2.6951 |
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): | 45.26 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | -6.9689 | |
| AROON (14): | -35.7143 | |
| DEMA (21): | 2.4909 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.5185 | |
| Elder Ray (13): | -0.0018 | |
| Super Trend (3,10): | 2.4601 | |
| Zig ZAG (10): | 2.4890 | |
| VORTEX (21): | 0.9940 | |
| Stochastique (14,3,5): | 32.82 | |
| TEMA (21): | 2.4932 | |
| Williams %R (14): | -73.54 | |
| Chande Momentum Oscillator (20): | 0.0009 | |
| Repulse (5,40,3): | -0.3804 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0094 | |
| Courbe Coppock: | 0.14 |
| MA7: | 2.5275 | |
| MA20: | 2.5863 | |
| MA50: | 2.6070 | |
| MA100: | 2.6259 | |
| MAexp7: | 2.4917 | |
| MAexp20: | 2.4935 | |
| MAexp50: | 2.5008 | |
| MAexp100: | 2.5146 | |
| Price / MA7: | -1.74% | |
| Price / MA20: | -3.98% | |
| Price / MA50: | -4.74% | |
| Price / MA100: | -5.43% | |
| Price / MAexp7: | -0.33% | |
| Price / MAexp20: | -0.41% | |
| Price / MAexp50: | -0.70% | |
| Price / MAexp100: | -1.24% |
This member declared not having a position on this financial instrument or a related financial instrument.
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