AUD/CZK - 1H - Technical analysis published on 10/07/2021 (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:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 15.99 CZK
My targets
16.10 CZK (+0.05)
16.30 CZK (+0.25)
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 15.99 CZK. The buyers' bullish objective is set at 16.10 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16.30 CZK. If there is any crossing, the next objective would be the resistance located at 16.36 CZK. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CZK rating is 16.05 CZK. The price has increased by +0.25% since the last closing with the lowest point at 15.99 CZK and the highest point at 16.07 CZK. The deviation from the price is +0.38% for the low point and -0.12% for the high point.15.99
16.07
16.05
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/CZK 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.85 | 15.89 | 15.99 | 16.05 | 16.05 | 16.36 | 16.81 |
| Change (%) | -1.25% | -1.00% | -0.37% | 0% | - | +1.93% | +4.74% |
| Change | -0.20 | -0.16 | -0.06 | 0 | - | +0.31 | +0.76 |
| Level | Intermediate | Minor | Minor | Intermediate | - | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.76 | 15.81 | 15.91 | 15.96 | 16.06 | 16.11 | 16.21 |
| Camarilla | 15.97 | 15.98 | 16.00 | 16.01 | 16.02 | 16.04 | 16.05 |
| Woodie | 15.79 | 15.82 | 15.94 | 15.97 | 16.09 | 16.12 | 16.24 |
| Fibonacci | 15.81 | 15.87 | 15.90 | 15.96 | 16.02 | 16.05 | 16.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.59 | 15.65 | 15.76 | 15.82 | 15.93 | 15.99 | 16.10 |
| Camarilla | 15.81 | 15.83 | 15.84 | 15.86 | 15.88 | 15.89 | 15.91 |
| Woodie | 15.61 | 15.66 | 15.78 | 15.83 | 15.95 | 16.00 | 16.12 |
| Fibonacci | 15.65 | 15.72 | 15.76 | 15.82 | 15.89 | 15.93 | 15.99 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.34 | 15.50 | 15.66 | 15.82 | 15.98 | 16.14 | 16.30 |
| Camarilla | 15.74 | 15.77 | 15.80 | 15.83 | 15.86 | 15.89 | 15.92 |
| Woodie | 15.35 | 15.50 | 15.67 | 15.82 | 15.99 | 16.14 | 16.31 |
| Fibonacci | 15.50 | 15.62 | 15.69 | 15.82 | 15.94 | 16.01 | 16.14 |
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): | 62.06 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 13.86 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 16.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.07 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 15.97 | |
| Zig ZAG (10): | 16.04 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 54.17 | |
| TEMA (21): | 16.05 | |
| Williams %R (14): | -25.00 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 0.1500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.42 |
| MA7: | 15.91 | |
| MA20: | 15.81 | |
| MA50: | 15.81 | |
| MA100: | 15.97 | |
| MAexp7: | 16.03 | |
| MAexp20: | 16.01 | |
| MAexp50: | 15.97 | |
| MAexp100: | 15.93 | |
| Price / MA7: | +0.88% | |
| Price / MA20: | +1.52% | |
| Price / MA50: | +1.52% | |
| Price / MA100: | +0.50% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | +0.50% | |
| Price / MAexp100: | +0.75% |
Quotes :
-
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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