AUD/PLN
AUD PLN
- PLN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDPLN
ISIN:

AUD/PLN - 1H - Technical analysis published on 02/15/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 2.6205 PLN
My targets
2.6319 PLN (+0.0032)
2.6357 PLN (+0.0070)
My analysis
The bullish trend is currently very strong on AUD/PLN. As long as the price remains above the support at 2.6205 PLN, you could try to benefit from the boom. The first bullish objective is located at 2.6319 PLN. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.6357 PLN as an objective. Crossing it would then enable buyers to target 2.6423 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
7.1

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:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/PLN rating 2.6287 PLN. On the day, this instrument lost -0.01% and was traded between 2.6227 PLN and 2.6332 PLN over the period. The price is currently at +0.23% from its lowest and -0.17% from its highest.

2.6227
2.6332
2.6287

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AUD/PLN chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

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



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.6123 2.6205 2.6272 2.6287 2.6319 2.6357 2.6423
Change (%) -0.62% -0.31% -0.06% - +0.12% +0.27% +0.52%
Change -0.0164 -0.0082 -0.0015 - +0.0032 +0.0070 +0.0136
Level Minor Intermediate Intermediate - Major Minor Intermediate



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
Standard2.59712.60472.61682.62442.63652.64412.6562
Camarilla2.62362.62542.62722.62902.63082.63262.6344
Woodie2.59952.60582.61922.62552.63892.64522.6586
Fibonacci2.60472.61222.61682.62442.63192.63652.6441


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.55132.57452.59602.61922.64072.66392.6854
Camarilla2.60532.60942.61352.61762.62172.62582.6299
Woodie2.55062.57412.59532.61882.64002.66352.6847
Fibonacci2.57452.59152.60212.61922.63622.64682.6639


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.52042.57312.60162.65432.68282.73552.7640
Camarilla2.60792.61532.62282.63022.63762.64512.6525
Woodie2.50842.56712.58962.64832.67082.72952.7520
Fibonacci2.57312.60412.62332.65432.68532.70452.7355

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): 58.73
MACD (12,26,9): 0.0019
Directional Movement: 7.2505
AROON (14): 85.7143
DEMA (21): 2.6296
Parabolic SAR (0,02-0,02-0,2): 2.6246
Elder Ray (13): 0.0021
Super Trend (3,10): 2.6206
Zig ZAG (10): 2.6294
VORTEX (21): 1.0483
Stochastique (14,3,5): 69.34
TEMA (21): 2.6294
Williams %R (14): -41.90
Chande Momentum Oscillator (20): 0.0045
Repulse (5,40,3): -0.1020
ROCnROLL: 1
TRIX (15,9): 0.0096
Courbe Coppock: 0.18
MA7: 2.6199
MA20: 2.6319
MA50: 2.6485
MA100: 2.6656
MAexp7: 2.6288
MAexp20: 2.6272
MAexp50: 2.6236
MAexp100: 2.6209
Price / MA7: +0.34%
Price / MA20: -0.12%
Price / MA50: -0.75%
Price / MA100: -1.38%
Price / MAexp7: +0.00%
Price / MAexp20: +0.06%
Price / MAexp50: +0.19%
Price / MAexp100: +0.30%

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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