AUD/CZK - 1H - Technical analysis published on 05/19/2023 (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
78%
0%
22%
My opinion
Bullish above 14.58 CZK
My targets
14.65 CZK (+0.03)
14.72 CZK (+0.10)
My analysis
AUD/CZK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14.58 CZK. The next resistance located at 14.65 CZK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14.72 CZK. After this resistance, buyers could then target 15.22 CZK. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CZK rating is 14.62 CZK. The price has increased by +0.21% since the last closing with the lowest point at 14.58 CZK and the highest point at 14.62 CZK. The deviation from the price is +0.27% for the low point and 0% for the high point.14.58
14.62
14.62
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/CZK indicates that the overall trend is strongly bullish. 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 is high given the direction of the technical indicators.
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 : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.42 | 14.51 | 14.58 | 14.62 | 14.65 | 15.22 | 15.58 |
| Change (%) | -1.37% | -0.75% | -0.27% | - | +0.21% | +4.10% | +6.57% |
| Change | -0.20 | -0.11 | -0.04 | - | +0.03 | +0.60 | +0.96 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 14.38 | 14.42 | 14.51 | 14.55 | 14.64 | 14.68 | 14.77 |
| Camarilla | 14.55 | 14.57 | 14.58 | 14.59 | 14.60 | 14.61 | 14.63 |
| Woodie | 14.40 | 14.43 | 14.53 | 14.56 | 14.66 | 14.69 | 14.79 |
| Fibonacci | 14.42 | 14.47 | 14.50 | 14.55 | 14.60 | 14.63 | 14.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.15 | 14.24 | 14.34 | 14.43 | 14.53 | 14.62 | 14.72 |
| Camarilla | 14.40 | 14.42 | 14.43 | 14.45 | 14.47 | 14.49 | 14.50 |
| Woodie | 14.17 | 14.24 | 14.36 | 14.43 | 14.55 | 14.62 | 14.74 |
| Fibonacci | 14.24 | 14.31 | 14.35 | 14.43 | 14.50 | 14.54 | 14.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.24 | 13.62 | 13.87 | 14.25 | 14.50 | 14.88 | 15.13 |
| Camarilla | 13.95 | 14.01 | 14.06 | 14.12 | 14.18 | 14.24 | 14.29 |
| Woodie | 13.18 | 13.59 | 13.81 | 14.22 | 14.44 | 14.85 | 15.07 |
| Fibonacci | 13.62 | 13.86 | 14.01 | 14.25 | 14.49 | 14.64 | 14.88 |
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): | 65.90 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 10.02 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 14.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.52 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 14.53 | |
| Zig ZAG (10): | 14.60 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 94.44 | |
| TEMA (21): | 14.60 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.61 |
| MA7: | 14.53 | |
| MA20: | 14.35 | |
| MA50: | 14.47 | |
| MA100: | 14.87 | |
| MAexp7: | 14.59 | |
| MAexp20: | 14.57 | |
| MAexp50: | 14.55 | |
| MAexp100: | 14.52 | |
| Price / MA7: | +0.62% | |
| Price / MA20: | +1.88% | |
| Price / MA50: | +1.04% | |
| Price / MA100: | -1.68% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | +0.34% | |
| Price / MAexp50: | +0.48% | |
| Price / MAexp100: | +0.69% |
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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