AUD/CZK - 1H - Technical analysis published on 12/15/2020 (GMT)
- 229
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 16.35 CZK
My targets
16.41 CZK (+0.04)
16.53 CZK (+0.16)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/CZK as long as the price remains well above 16.35 CZK. The buyers” bullish objective is set at 16.41 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16.53 CZK. If there is any crossing, the next objective would be the resistance located at 16.69 CZK.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/CZK rating 16.37 CZK. On the day, this instrument gained +0.18% and was between 16.29 CZK and 16.38 CZK. This implies that the price is at +0.49% from its lowest and at -0.06% from its highest.16.29
16.38
16.37
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/CZK indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
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:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 16.21 | 16.26 | 16.35 | 16.37 | 16.41 | 16.53 | 16.69 |
| Change (%) | -0.98% | -0.67% | -0.12% | - | +0.24% | +0.98% | +1.95% |
| Change | -0.16 | -0.11 | -0.02 | - | +0.04 | +0.16 | +0.32 |
| Level | Minor | Major | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.20 | 16.25 | 16.30 | 16.35 | 16.40 | 16.45 | 16.50 |
| Camarilla | 16.31 | 16.32 | 16.33 | 16.34 | 16.35 | 16.36 | 16.37 |
| Woodie | 16.19 | 16.25 | 16.29 | 16.35 | 16.39 | 16.45 | 16.49 |
| Fibonacci | 16.25 | 16.29 | 16.32 | 16.35 | 16.39 | 16.42 | 16.45 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.86 | 15.98 | 16.18 | 16.30 | 16.50 | 16.62 | 16.82 |
| Camarilla | 16.29 | 16.32 | 16.35 | 16.38 | 16.41 | 16.44 | 16.47 |
| Woodie | 15.90 | 16.00 | 16.22 | 16.32 | 16.54 | 16.64 | 16.86 |
| Fibonacci | 15.98 | 16.10 | 16.18 | 16.30 | 16.42 | 16.50 | 16.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.60 | 15.85 | 16.02 | 16.27 | 16.44 | 16.69 | 16.86 |
| Camarilla | 16.09 | 16.12 | 16.16 | 16.20 | 16.24 | 16.28 | 16.32 |
| Woodie | 15.57 | 15.83 | 15.99 | 16.25 | 16.41 | 16.67 | 16.83 |
| Fibonacci | 15.85 | 16.01 | 16.11 | 16.27 | 16.43 | 16.53 | 16.69 |
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): | 54.10 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 2.86 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 16.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.20 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 16.22 | |
| Zig ZAG (10): | 16.35 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 84.85 | |
| TEMA (21): | 16.33 | |
| Williams %R (14): | -9.09 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.12 |
| MA7: | 16.27 | |
| MA20: | 16.21 | |
| MA50: | 16.33 | |
| MA100: | 16.26 | |
| MAexp7: | 16.34 | |
| MAexp20: | 16.33 | |
| MAexp50: | 16.34 | |
| MAexp100: | 16.32 | |
| Price / MA7: | +0.61% | |
| Price / MA20: | +0.99% | |
| Price / MA50: | +0.24% | |
| Price / MA100: | +0.68% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +0.31% |
Quotes :
2020-12-15 17:34:01
-
Real time data
-
Forex
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 AUD/CZK - 1H