AUD/PLN - 1H - Technical analysis published on 03/25/2020 (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:
Slightly bullish
Technical indicators
22%
61%
17%
My opinion
Bearish under 2.5376 PLN
My targets
2.5109 PLN (-0.0055)
2.4925 PLN (-0.0239)
My analysis
The strong short-term decline in AUD/PLN calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 2.5376 PLN, one could consider taking advantage of the short-term movement. The first bearish objective is located at 2.5109 PLN. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.4925 PLN as an objective. Crossing it would then enable sellers to target 2.4492 PLN. Be careful, a return to above 2.5376 PLN could jeopardize the reversal.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
1.6
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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
The AUD/PLN price is 2.5164 PLN. On the day, this instrument gained -1.16% with the lowest point at 2.5134 PLN and the highest point at 2.5719 PLN. The deviation from the price is +0.12% for the low point and -2.16% for the high point.2.5134
2.5719
2.5164
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/PLN:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on AUD/PLN were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of AUD/PLN indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 3 are neutral and 11 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
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 | 2.4131 | 2.4492 | 2.4925 | 2.5164 | 2.5376 | 2.5989 | 2.6692 |
| Change (%) | -4.11% | -2.67% | -0.95% | - | +0.84% | +3.28% | +6.07% |
| Change | -0.1033 | -0.0672 | -0.0239 | - | +0.0212 | +0.0825 | +0.1528 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4468 | 2.4696 | 2.5078 | 2.5306 | 2.5688 | 2.5916 | 2.6298 |
| Camarilla | 2.5291 | 2.5347 | 2.5403 | 2.5459 | 2.5515 | 2.5571 | 2.5627 |
| Woodie | 2.4544 | 2.4735 | 2.5154 | 2.5345 | 2.5764 | 2.5955 | 2.6374 |
| Fibonacci | 2.4696 | 2.4929 | 2.5073 | 2.5306 | 2.5539 | 2.5683 | 2.5916 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.0644 | 2.1709 | 2.3162 | 2.4227 | 2.5680 | 2.6745 | 2.8198 |
| Camarilla | 2.3922 | 2.4152 | 2.4383 | 2.4614 | 2.4845 | 2.5076 | 2.5306 |
| Woodie | 2.0837 | 2.1806 | 2.3355 | 2.4324 | 2.5873 | 2.6842 | 2.8391 |
| Fibonacci | 2.1709 | 2.2671 | 2.3266 | 2.4227 | 2.5189 | 2.5784 | 2.6745 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 38.00 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -7.7158 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 2.5404 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.5601 | |
| Elder Ray (13): | -0.0168 | |
| Super Trend (3,10): | 2.5612 | |
| Zig ZAG (10): | 2.5164 | |
| VORTEX (21): | 0.9418 | |
| Stochastique (14,3,5): | 3.92 | |
| TEMA (21): | 2.5315 | |
| Williams %R (14): | -88.38 | |
| Chande Momentum Oscillator (20): | -0.0334 | |
| Repulse (5,40,3): | -0.5716 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0351 | |
| Courbe Coppock: | 1.06 |
| MA7: | 2.4740 | |
| MA20: | 2.4972 | |
| MA50: | 2.5708 | |
| MA100: | 2.6070 | |
| MAexp7: | 2.5317 | |
| MAexp20: | 2.5376 | |
| MAexp50: | 2.5245 | |
| MAexp100: | 2.5019 | |
| Price / MA7: | +1.71% | |
| Price / MA20: | +0.77% | |
| Price / MA50: | -2.12% | |
| Price / MA100: | -3.48% | |
| Price / MAexp7: | -0.60% | |
| Price / MAexp20: | -0.84% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | +0.58% |
This member declared not having a position on this financial instrument or a related financial instrument.
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