EUR/PLN - 1H - Technical analysis published on 07/10/2020 (GMT)
- Who voted?
- 69
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Neutral
Technical indicators
50%
28%
22%
My opinion
Neutral between 4.4611 PLN and 4.4777 PLN
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 4.4611 PLN. The first resistance is located at 4.4777 PLN. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by EUR/PLN.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever 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 content. 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.
This analysis was given by Maciej Mazur. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/PLN rating is 4.4707 PLN. On the day, this instrument gained +0.05% with the lowest point at 4.4667 PLN and the highest point at 4.4810 PLN. The deviation from the price is +0.09% for the low point and -0.23% for the high point.4.4667
4.4810
4.4707
A study of price movements over other periods shows the following variations:
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:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of EUR/PLN indicates that the overall trend is not clearly defined. The slightly bearish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bearish trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 9 are bullish, 4 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.4433 | 4.4611 | 4.4686 | 4.4707 | 4.4736 | 4.4777 | 4.4861 |
| Change (%) | -0.61% | -0.21% | -0.05% | - | +0.06% | +0.16% | +0.34% |
| Change | -0.0274 | -0.0096 | -0.0021 | - | +0.0029 | +0.0070 | +0.0154 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4382 | 4.4496 | 4.4589 | 4.4703 | 4.4796 | 4.4910 | 4.5003 |
| Camarilla | 4.4626 | 4.4645 | 4.4664 | 4.4683 | 4.4702 | 4.4721 | 4.4740 |
| Woodie | 4.4373 | 4.4491 | 4.4580 | 4.4698 | 4.4787 | 4.4905 | 4.4994 |
| Fibonacci | 4.4496 | 4.4575 | 4.4624 | 4.4703 | 4.4782 | 4.4831 | 4.4910 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3921 | 4.4133 | 4.4382 | 4.4594 | 4.4843 | 4.5055 | 4.5304 |
| Camarilla | 4.4505 | 4.4548 | 4.4590 | 4.4632 | 4.4674 | 4.4717 | 4.4759 |
| Woodie | 4.3941 | 4.4142 | 4.4402 | 4.4603 | 4.4863 | 4.5064 | 4.5324 |
| Fibonacci | 4.4133 | 4.4309 | 4.4418 | 4.4594 | 4.4770 | 4.4879 | 4.5055 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.2725 | 4.3218 | 4.3841 | 4.4334 | 4.4957 | 4.5450 | 4.6073 |
| Camarilla | 4.4156 | 4.4258 | 4.4361 | 4.4463 | 4.4565 | 4.4668 | 4.4770 |
| Woodie | 4.2789 | 4.3251 | 4.3905 | 4.4367 | 4.5021 | 4.5483 | 4.6137 |
| Fibonacci | 4.3218 | 4.3645 | 4.3908 | 4.4334 | 4.4761 | 4.5024 | 4.5450 |
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): | 56.28 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 15.5558 | |
| AROON (14): | -7.1428 | |
| DEMA (21): | 4.4726 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.4702 | |
| Elder Ray (13): | 0.0012 | |
| Super Trend (3,10): | 4.4618 | |
| Zig ZAG (10): | 4.4713 | |
| VORTEX (21): | 1.0506 | |
| Stochastique (14,3,5): | 57.14 | |
| TEMA (21): | 4.4736 | |
| Williams %R (14): | -66.23 | |
| Chande Momentum Oscillator (20): | 0.0023 | |
| Repulse (5,40,3): | -0.1068 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0008 | |
| Courbe Coppock: | 0.19 |
| MA7: | 4.4684 | |
| MA20: | 4.4583 | |
| MA50: | 4.4795 | |
| MA100: | 4.4781 | |
| MAexp7: | 4.4730 | |
| MAexp20: | 4.4720 | |
| MAexp50: | 4.4720 | |
| MAexp100: | 4.4708 | |
| Price / MA7: | +0.05% | |
| Price / MA20: | +0.28% | |
| Price / MA50: | -0.20% | |
| Price / MA100: | -0.17% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | +0.00% |
Quotes :
2020-07-10 08:14:32
-
Real time data
-
Forex
News
The latest news and videos published on EUR/PLN at the time of the analysis were as follows:
-
Where Is EUR/PLN Heading?
-
Volatility Expected For EUR/PLN
-
Poland: Political risks, and the EUR/PLN range-break
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis EUR/PLN - 1H