EUR/PLN - 1H - Technical analysis published on 07/10/2020 (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:
Bearish
De fond:
Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 4.4736 PLN
My targets
4.4433 PLN (-0.0214)
4.4344 PLN (-0.0303)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade EUR/PLN with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 4.4736 PLN. The next bearish objective for sellers is set at 4.4433 PLN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.4344 PLN. In case of crossing, the next objective would be the support located at 4.3904 PLN. In the event of a bullish break in the resistance located at 4.4736 PLN a certain indecision would take hold.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
3.6
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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 4.4647 PLN. On the day, this instrument lost -0.08% and was between 4.4643 PLN and 4.4810 PLN. This implies that the price is at +0.01% from its lowest and at -0.36% from its highest.4.4643
4.4810
4.4647
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
Abnormal volumes on EUR/PLN were detected by the Central Volumes scanner:
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 slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 4.4344 | 4.4433 | 4.4611 | 4.4647 | 4.4686 | 4.4736 | 4.4777 |
| Change (%) | -0.68% | -0.48% | -0.08% | - | +0.09% | +0.20% | +0.29% |
| Change | -0.0303 | -0.0214 | -0.0036 | - | +0.0039 | +0.0089 | +0.0130 |
| Level | Intermediate | Minor | Major | - | Minor | Intermediate | Intermediate |
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): | 47.25 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 1.2694 | |
| AROON (14): | -57.1428 | |
| DEMA (21): | 4.4716 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.4795 | |
| Elder Ray (13): | -0.0023 | |
| Super Trend (3,10): | 4.4618 | |
| Zig ZAG (10): | 4.4681 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 17.54 | |
| TEMA (21): | 4.4715 | |
| Williams %R (14): | -86.18 | |
| Chande Momentum Oscillator (20): | -0.0058 | |
| Repulse (5,40,3): | -0.1135 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0009 | |
| Courbe Coppock: | 0.05 |
| MA7: | 4.4682 | |
| MA20: | 4.4583 | |
| MA50: | 4.4795 | |
| MA100: | 4.4781 | |
| MAexp7: | 4.4711 | |
| MAexp20: | 4.4721 | |
| MAexp50: | 4.4721 | |
| MAexp100: | 4.4710 | |
| Price / MA7: | -0.08% | |
| Price / MA20: | +0.14% | |
| Price / MA50: | -0.33% | |
| Price / MA100: | -0.30% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.17% | |
| Price / MAexp100: | -0.14% |
Quotes :
2020-07-10 14:55:58
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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
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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.
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