AUD/CZK - 1H - Technical analysis published on 05/20/2021 (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:
Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Bullish above 16.18 CZK
My targets
16.22 CZK (+0.02)
16.28 CZK (+0.08)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for AUD/CZK as long as the price remains well above 16.18 CZK. The buyers' bullish objective is set at 16.22 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16.28 CZK. If there is any crossing, the next objective would be the resistance located at 16.36 CZK. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 16.22 CZK. On this resistance, against the trend traders who would like to go short on AUD/CZK with a bearish signal from their trading strategy, should not hesitate to act.
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
2.9
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 16.20 CZK. The price has increased by +0.25% since the last closing and was between 16.15 CZK and 16.21 CZK. This implies that the price is at +0.31% from its lowest and at -0.06% from its highest.16.15
16.21
16.20
Here is a more detailed summary of the historical variations registered by AUD/CZK:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/CZK in 1H shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
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 1
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
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 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.06 | 16.14 | 16.18 | 16.20 | 16.22 | 16.28 | 16.36 |
| Change (%) | -0.86% | -0.37% | -0.12% | - | +0.12% | +0.49% | +0.99% |
| Change | -0.14 | -0.06 | -0.02 | - | +0.02 | +0.08 | +0.16 |
| Level | Major | Intermediate | Minor | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.06 | 16.09 | 16.13 | 16.16 | 16.20 | 16.23 | 16.27 |
| Camarilla | 16.14 | 16.15 | 16.15 | 16.16 | 16.17 | 16.17 | 16.18 |
| Woodie | 16.06 | 16.09 | 16.13 | 16.16 | 16.20 | 16.23 | 16.27 |
| Fibonacci | 16.09 | 16.12 | 16.14 | 16.16 | 16.19 | 16.21 | 16.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.84 | 16.06 | 16.18 | 16.40 | 16.52 | 16.74 | 16.86 |
| Camarilla | 16.22 | 16.25 | 16.28 | 16.31 | 16.34 | 16.37 | 16.40 |
| Woodie | 15.80 | 16.04 | 16.14 | 16.38 | 16.48 | 16.72 | 16.82 |
| Fibonacci | 16.06 | 16.19 | 16.27 | 16.40 | 16.53 | 16.61 | 16.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.99 | 16.25 | 16.42 | 16.68 | 16.85 | 17.11 | 17.28 |
| Camarilla | 16.48 | 16.52 | 16.56 | 16.60 | 16.64 | 16.68 | 16.72 |
| Woodie | 15.96 | 16.23 | 16.39 | 16.66 | 16.82 | 17.09 | 17.25 |
| Fibonacci | 16.25 | 16.41 | 16.51 | 16.68 | 16.84 | 16.94 | 17.11 |
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): | 60.94 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 4.74 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 16.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.16 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 16.22 | |
| Zig ZAG (10): | 16.20 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 95.24 | |
| TEMA (21): | 16.20 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 0.2500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.35 |
| MA7: | 16.26 | |
| MA20: | 16.47 | |
| MA50: | 16.68 | |
| MA100: | 16.67 | |
| MAexp7: | 16.19 | |
| MAexp20: | 16.18 | |
| MAexp50: | 16.19 | |
| MAexp100: | 16.24 | |
| Price / MA7: | -0.37% | |
| Price / MA20: | -1.64% | |
| Price / MA50: | -2.88% | |
| Price / MA100: | -2.82% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | -0.25% |
Quotes :
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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