AUD/CZK

- CZK (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDCZK
ISIN:

AUD/CZK - 1H - Technical analysis published on 09/23/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 15.44 CZK

My targets

15.52 CZK (+0.05)

15.55 CZK (+0.08)

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 15.44 CZK. The next resistance located at 15.52 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 15.55 CZK. After this resistance, buyers could then target 15.82 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

8.8

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/CZK price is 15.47 CZK. The price registered an increase of +1.24% on the session and was between 15.27 CZK and 15.48 CZK. This implies that the price is at +1.31% from its lowest and at -0.06% from its highest.

15.27

15.48

15.47

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 AUD/CZK in 1H shows a strongly overall 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.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	15.30	15.36	15.44	15.47	15.52	15.82	16.69
Change (%)	-1.10%	-0.71%	-0.19%	-	+0.32%	+2.26%	+7.89%
Change	-0.17	-0.11	-0.03	-	+0.05	+0.35	+1.22
Level	Intermediate	Intermediate	Minor	-	Minor	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	15.15	15.21	15.24	15.30	15.33	15.39	15.42
Camarilla	15.26	15.26	15.27	15.28	15.29	15.30	15.31
Woodie	15.15	15.20	15.24	15.29	15.33	15.38	15.42
Fibonacci	15.21	15.24	15.26	15.30	15.33	15.35	15.39

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.01	15.10	15.19	15.28	15.37	15.46	15.55
Camarilla	15.23	15.25	15.26	15.28	15.30	15.31	15.33
Woodie	15.01	15.10	15.19	15.28	15.37	15.46	15.55
Fibonacci	15.10	15.17	15.21	15.28	15.35	15.39	15.46

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.25	14.51	14.92	15.18	15.59	15.85	16.26
Camarilla	15.15	15.21	15.27	15.33	15.39	15.45	15.51
Woodie	14.33	14.55	15.00	15.22	15.67	15.89	16.34
Fibonacci	14.51	14.77	14.92	15.18	15.44	15.59	15.85

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):	80.11
MACD (12,26,9):	0.0400
Directional Movement:	32.03
AROON (14):	85.71
DEMA (21):	15.44
Parabolic SAR (0,02-0,02-0,2):	15.41
Elder Ray (13):	0.05
Super Trend (3,10):	15.39
Zig ZAG (10):	15.47
VORTEX (21):	1.3700
Stochastique (14,3,5):	93.59
TEMA (21):	15.47
Williams %R (14):	-6.25
Chande Momentum Oscillator (20):	0.14
Repulse (5,40,3):	0.2500
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	1.71

MA7:	15.29
MA20:	15.25
MA50:	15.27
MA100:	15.31
MAexp7:	15.44
MAexp20:	15.39
MAexp50:	15.35
MAexp100:	15.32
Price / MA7:	+1.18%
Price / MA20:	+1.44%
Price / MA50:	+1.31%
Price / MA100:	+1.05%
Price / MAexp7:	+0.19%
Price / MAexp20:	+0.52%
Price / MAexp50:	+0.78%
Price / MAexp100:	+0.98%

Quotes : - Real time data - Forex

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

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