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

AUD/CZK - 1H - Technical analysis published on 04/07/2021 (GMT)

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

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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 16.77 CZK
My targets
16.56 CZK (-0.12)
16.38 CZK (-0.30)
My analysis
The bearish trend is currently very strong for AUD/CZK. As long as the price remains below the resistance at 16.77 CZK, you could try to take advantage of the bearish rally. The first bearish objective is located at 16.56 CZK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 16.38 CZK as an objective. Crossing it would then enable sellers to target 16.06 CZK. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, 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
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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/CZK rating is 16.68 CZK. On the day, this instrument lost -0.77% and was between 16.66 CZK and 16.82 CZK. This implies that the price is at +0.12% from its lowest and at -0.83% from its highest.

16.66
16.82
16.68

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


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

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Black line without upper shadow

Type : Bearish

Timeframe : 1 hour


Long black line

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 15.80 16.06 16.38 16.68 16.69 16.77 16.79
Change (%) -5.28% -3.72% -1.80% - +0.06% +0.54% +0.66%
Change -0.88 -0.62 -0.30 - +0.01 +0.09 +0.11
Level Major Intermediate Minor - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.6216.7016.7516.8316.8816.9617.01
Camarilla16.7716.7916.8016.8116.8216.8316.85
Woodie16.6216.6916.7516.8216.8816.9517.01
Fibonacci16.7016.7516.7816.8316.8816.9116.96


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.5616.6716.7716.8816.9817.0917.19
Camarilla16.8016.8216.8416.8616.8816.9016.92
Woodie16.5516.6716.7616.8816.9717.0917.18
Fibonacci16.6716.7516.8016.8816.9617.0117.09


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.2316.4516.6816.9017.1317.3517.58
Camarilla16.7916.8316.8716.9116.9516.9917.03
Woodie16.2416.4516.6916.9017.1417.3517.59
Fibonacci16.4516.6216.7316.9017.0717.1817.35

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 24.36
MACD (12,26,9): -0.0300
Directional Movement: -24.38
AROON (14): -85.71
DEMA (21): 16.75
Parabolic SAR (0,02-0,02-0,2): 16.81
Elder Ray (13): -0.09
Super Trend (3,10): 16.78
Zig ZAG (10): 16.68
VORTEX (21): 0.7600
Stochastique (14,3,5): 22.78
TEMA (21): 16.73
Williams %R (14): -82.35
Chande Momentum Oscillator (20): -0.09
Repulse (5,40,3): -0.3200
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 0.74
MA7: 16.85
MA20: 16.92
MA50: 16.77
MA100: 16.58
MAexp7: 16.74
MAexp20: 16.78
MAexp50: 16.81
MAexp100: 16.84
Price / MA7: -1.01%
Price / MA20: -1.42%
Price / MA50: -0.54%
Price / MA100: +0.60%
Price / MAexp7: -0.36%
Price / MAexp20: -0.60%
Price / MAexp50: -0.77%
Price / MAexp100: -0.95%

Quotes : 2021-04-07 08:45:15 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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