AUD/PLN - 1H - Technical analysis published on 10/30/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 2.6810 PLN
My targets
2.6954 PLN (+0.0093)
2.7216 PLN (+0.0355)
My analysis
The bullish trend is currently very strong on AUD/PLN. As long as the price remains above the support at 2.6810 PLN, you could try to benefit from the boom. The first bullish objective is located at 2.6954 PLN. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.7216 PLN as an objective. Crossing it would then enable buyers to target 2.8187 PLN. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6
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Additional analysis
Quotes
The AUD/PLN price is 2.6861 PLN. On the day, this instrument gained +0.32% with the lowest point at 2.6765 PLN and the highest point at 2.6887 PLN. The deviation from the price is +0.36% for the low point and -0.10% for the high point.2.6765
2.6887
2.6861
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/PLN:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/PLN in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.6676 | 2.6719 | 2.6810 | 2.6861 | 2.6873 | 2.6954 | 2.8187 |
| Change (%) | -0.69% | -0.53% | -0.19% | - | +0.04% | +0.35% | +4.94% |
| Change | -0.0185 | -0.0142 | -0.0051 | - | +0.0012 | +0.0093 | +0.1326 |
| Level | Minor | Minor | Minor | - | Minor | Intermediate | Major |
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 | 2.6384 | 2.6528 | 2.6652 | 2.6796 | 2.6920 | 2.7064 | 2.7188 |
| Camarilla | 2.6701 | 2.6726 | 2.6750 | 2.6775 | 2.6800 | 2.6824 | 2.6849 |
| Woodie | 2.6373 | 2.6523 | 2.6641 | 2.6791 | 2.6909 | 2.7059 | 2.7177 |
| Fibonacci | 2.6528 | 2.6631 | 2.6694 | 2.6796 | 2.6899 | 2.6962 | 2.7064 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.6030 | 2.6250 | 2.6513 | 2.6733 | 2.6996 | 2.7216 | 2.7479 |
| Camarilla | 2.6642 | 2.6687 | 2.6731 | 2.6775 | 2.6819 | 2.6864 | 2.6908 |
| Woodie | 2.6051 | 2.6261 | 2.6534 | 2.6744 | 2.7017 | 2.7227 | 2.7500 |
| Fibonacci | 2.6250 | 2.6435 | 2.6549 | 2.6733 | 2.6918 | 2.7032 | 2.7216 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.5004 | 2.5737 | 2.6939 | 2.7672 | 2.8874 | 2.9607 | 3.0809 |
| Camarilla | 2.7608 | 2.7785 | 2.7963 | 2.8140 | 2.8317 | 2.8495 | 2.8672 |
| Woodie | 2.5238 | 2.5854 | 2.7173 | 2.7789 | 2.9108 | 2.9724 | 3.1043 |
| Fibonacci | 2.5737 | 2.6477 | 2.6933 | 2.7672 | 2.8412 | 2.8868 | 2.9607 |
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): | 64.25 | |
| MACD (12,26,9): | 0.0026 | |
| Directional Movement: | 15.2009 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 2.6843 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.6748 | |
| Elder Ray (13): | 0.0038 | |
| Super Trend (3,10): | 2.6740 | |
| Zig ZAG (10): | 2.6866 | |
| VORTEX (21): | 1.1439 | |
| Stochastique (14,3,5): | 86.00 | |
| TEMA (21): | 2.6853 | |
| Williams %R (14): | -17.57 | |
| Chande Momentum Oscillator (20): | 0.0101 | |
| Repulse (5,40,3): | 0.0414 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0113 | |
| Courbe Coppock: | 0.11 |
| MA7: | 2.6690 | |
| MA20: | 2.7076 | |
| MA50: | 2.7275 | |
| MA100: | 2.7143 | |
| MAexp7: | 2.6842 | |
| MAexp20: | 2.6811 | |
| MAexp50: | 2.6775 | |
| MAexp100: | 2.6747 | |
| Price / MA7: | +0.64% | |
| Price / MA20: | -0.79% | |
| Price / MA50: | -1.52% | |
| Price / MA100: | -1.04% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.32% | |
| Price / MAexp100: | +0.43% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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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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