EUR/PLN
EUR PLN
4.4768 PLN (+0.23%)
Real time data - Forex
Open: 4.4658
Change: +0.0103
Volume: 92,563
Low: 4.4615
High: 4.4778
High / Low range: 0.0163
Type: Forex
Ticker: EURPLN
ISIN:

EUR/PLN - 1H - Technical analysis published on 06/30/2020

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  • Timeframe : 1H
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Bearish
De fond: Bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 4.4673 PLN
My targets
4.4492 PLN (-0.0088)
4.4421 PLN (-0.0159)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on EUR/PLN as long as the price remains well below 4.4673 PLN. The next bearish objective for sellers is set at 4.4492 PLN. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 4.4421 PLN. If there is any crossing, the next objective would be the support located at 4.4370 PLN. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.6

This analysis was given by Maciej Mazur. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this analysis. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

EUR/PLN rating 4.4580 PLN. On the day, this instrument gained +0.06% and was traded between 4.4523 PLN and 4.4582 PLN over the period. The price is currently at +0.13% from its lowest and +0.00% from its highest.

4.4523
4.4582
4.4580

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EUR/PLN:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of EUR/PLN in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.4421 4.4492 4.4549 4.4580 4.4673 4.4709 4.4742
Change (%) -0.36% -0.20% -0.07% - +0.21% +0.29% +0.36%
Change -0.0159 -0.0088 -0.0031 - +0.0093 +0.0129 +0.0162
Level Minor Minor Intermediate - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.43074.44214.44864.46004.46654.47794.4844
Camarilla4.45034.45194.45364.45524.45684.45854.4601
Woodie4.42844.44094.44634.45884.46424.47674.4821
Fibonacci4.44214.44894.45314.46004.46684.47104.4779


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.40074.41604.44364.45894.48654.50184.5294
Camarilla4.45944.46334.46734.47124.47514.47914.4830
Woodie4.40694.41914.44984.46204.49274.50494.5356
Fibonacci4.41604.43244.44254.45894.47534.48544.5018


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.21114.30874.37864.47624.54614.64374.7136
Camarilla4.40244.41784.43324.44854.46394.47924.4946
Woodie4.19734.30184.36484.46934.53234.63684.6998
Fibonacci4.30874.37274.41224.47624.54024.57974.6437

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): 42.53
MACD (12,26,9): -0.0028
Directional Movement: -16.1137
AROON (14): -92.8571
DEMA (21): 4.4539
Parabolic SAR (0,02-0,02-0,2): 4.4694
Elder Ray (13): -0.0009
Super Trend (3,10): 4.4499
Zig ZAG (10): 4.4550
VORTEX (21): 0.9270
Stochastique (14,3,5): 17.95
TEMA (21): 4.4527
Williams %R (14): -45.19
Chande Momentum Oscillator (20): -0.0004
Repulse (5,40,3): 0.1092
ROCnROLL: -1
TRIX (15,9): -0.0083
Courbe Coppock: 0.34
MA7: 4.4539
MA20: 4.4470
MA50: 4.4919
MA100: 4.4617
MAexp7: 4.4549
MAexp20: 4.4575
MAexp50: 4.4597
MAexp100: 4.4583
Price / MA7: +0.09%
Price / MA20: +0.25%
Price / MA50: -0.75%
Price / MA100: -0.08%
Price / MAexp7: +0.07%
Price / MAexp20: +0.01%
Price / MAexp50: -0.04%
Price / MAexp100: -0.01%

Quotes : 2020-06-30 06:21:39 - Real time data - Forex

News


The latest news and videos published on EUR/PLN at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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