AUD/CZK - 1H - Technical analysis published on 07/20/2023 (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
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 14.53 CZK
My targets
14.63 CZK (+0.05)
14.83 CZK (+0.25)
My analysis
AUD/CZK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14.53 CZK. The next resistance located at 14.63 CZK is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14.83 CZK. After this resistance, buyers could then target 15.03 CZK.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CZK rating is 14.58 CZK. The price registered an increase of +0.90% on the session with the lowest point at 14.45 CZK and the highest point at 14.58 CZK. The deviation from the price is +0.90% for the low point and 0% for the high point.14.45
14.58
14.58
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/CZK chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
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 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.41 | 14.49 | 14.53 | 14.58 | 14.58 | 14.63 | 15.03 |
| Change (%) | -1.17% | -0.62% | -0.34% | 0% | - | +0.34% | +3.09% |
| Change | -0.17 | -0.09 | -0.05 | 0 | - | +0.05 | +0.45 |
| Level | Intermediate | Major | Minor | Intermediate | - | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.32 | 14.36 | 14.41 | 14.45 | 14.50 | 14.54 | 14.59 |
| Camarilla | 14.43 | 14.43 | 14.44 | 14.45 | 14.46 | 14.47 | 14.48 |
| Woodie | 14.32 | 14.36 | 14.41 | 14.45 | 14.50 | 14.54 | 14.59 |
| Fibonacci | 14.36 | 14.40 | 14.42 | 14.45 | 14.49 | 14.51 | 14.54 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.17 | 14.29 | 14.39 | 14.51 | 14.61 | 14.73 | 14.83 |
| Camarilla | 14.42 | 14.44 | 14.46 | 14.48 | 14.50 | 14.52 | 14.54 |
| Woodie | 14.15 | 14.29 | 14.37 | 14.51 | 14.59 | 14.73 | 14.81 |
| Fibonacci | 14.29 | 14.38 | 14.43 | 14.51 | 14.60 | 14.65 | 14.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.23 | 13.76 | 14.13 | 14.66 | 15.03 | 15.56 | 15.93 |
| Camarilla | 14.26 | 14.35 | 14.43 | 14.51 | 14.59 | 14.68 | 14.76 |
| Woodie | 13.16 | 13.72 | 14.06 | 14.62 | 14.96 | 15.52 | 15.86 |
| Fibonacci | 13.76 | 14.10 | 14.31 | 14.66 | 15.00 | 15.21 | 15.56 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 69.32 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 18.02 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 14.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.46 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 14.48 | |
| Zig ZAG (10): | 14.58 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 92.86 | |
| TEMA (21): | 14.56 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | 0.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.24 |
| MA7: | 14.50 | |
| MA20: | 14.50 | |
| MA50: | 14.58 | |
| MA100: | 14.54 | |
| MAexp7: | 14.55 | |
| MAexp20: | 14.50 | |
| MAexp50: | 14.48 | |
| MAexp100: | 14.47 | |
| Price / MA7: | +0.55% | |
| Price / MA20: | +0.55% | |
| Price / MA50: | -0% | |
| Price / MA100: | +0.28% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | +0.55% | |
| Price / MAexp50: | +0.69% | |
| Price / MAexp100: | +0.76% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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