AUD/PLN - 1H - Technical analysis published on 10/16/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 3.0834 PLN
My targets
3.0343 PLN (-0.0283)
3.0299 PLN (-0.0327)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/PLN as long as the price remains well below 3.0834 PLN. The sellers' bearish objective is set at 3.0343 PLN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.0299 PLN. In case of crossing, the next objective would be the support located at 2.9050 PLN. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.5
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Additional analysis
Quotes
AUD/PLN rating 3.0626 PLN. On the day, this instrument lost -1.12% with the lowest point at 3.0615 PLN and the highest point at 3.1315 PLN. The deviation from the price is +0.04% for the low point and -2.20% for the high point.3.0615
3.1315
3.0626
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/PLN in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.7945 | 2.9050 | 3.0299 | 3.0626 | 3.0834 | 3.1201 | 3.1575 |
| Change (%) | -8.75% | -5.15% | -1.07% | - | +0.68% | +1.88% | +3.10% |
| Change | -0.2681 | -0.1576 | -0.0327 | - | +0.0208 | +0.0575 | +0.0949 |
| Level | Major | Minor | Major | - | Major | 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 | 3.0087 | 3.0449 | 3.0711 | 3.1073 | 3.1335 | 3.1697 | 3.1959 |
| Camarilla | 3.0801 | 3.0859 | 3.0916 | 3.0973 | 3.1030 | 3.1087 | 3.1145 |
| Woodie | 3.0037 | 3.0424 | 3.0661 | 3.1048 | 3.1285 | 3.1672 | 3.1909 |
| Fibonacci | 3.0449 | 3.0687 | 3.0835 | 3.1073 | 3.1311 | 3.1459 | 3.1697 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.0343 | 3.0745 | 3.1270 | 3.1672 | 3.2197 | 3.2599 | 3.3124 |
| Camarilla | 3.1539 | 3.1624 | 3.1709 | 3.1794 | 3.1879 | 3.1964 | 3.2049 |
| Woodie | 3.0404 | 3.0776 | 3.1331 | 3.1703 | 3.2258 | 3.2630 | 3.3185 |
| Fibonacci | 3.0745 | 3.1099 | 3.1318 | 3.1672 | 3.2026 | 3.2245 | 3.2599 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.0126 | 3.0789 | 3.1255 | 3.1918 | 3.2384 | 3.3047 | 3.3513 |
| Camarilla | 3.1410 | 3.1513 | 3.1617 | 3.1720 | 3.1824 | 3.1927 | 3.2031 |
| Woodie | 3.0027 | 3.0740 | 3.1156 | 3.1869 | 3.2285 | 3.2998 | 3.3414 |
| Fibonacci | 3.0789 | 3.1221 | 3.1487 | 3.1918 | 3.2350 | 3.2616 | 3.3047 |
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): | 25.87 | |
| MACD (12,26,9): | -0.0125 | |
| Directional Movement: | -18.8228 | |
| AROON (14): | -85.7142 | |
| DEMA (21): | 3.0754 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.0975 | |
| Elder Ray (13): | -0.0171 | |
| Super Trend (3,10): | 3.0969 | |
| Zig ZAG (10): | 3.0626 | |
| VORTEX (21): | 0.8418 | |
| Stochastique (14,3,5): | 2.80 | |
| TEMA (21): | 3.0684 | |
| Williams %R (14): | -98.43 | |
| Chande Momentum Oscillator (20): | -0.0579 | |
| Repulse (5,40,3): | -0.4993 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0340 | |
| Courbe Coppock: | 2.51 |
| MA7: | 3.1368 | |
| MA20: | 3.1716 | |
| MA50: | 3.2052 | |
| MA100: | 3.1781 | |
| MAexp7: | 3.0730 | |
| MAexp20: | 3.0898 | |
| MAexp50: | 3.1056 | |
| MAexp100: | 3.1216 | |
| Price / MA7: | -2.37% | |
| Price / MA20: | -3.44% | |
| Price / MA50: | -4.45% | |
| Price / MA100: | -3.63% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | -0.88% | |
| Price / MAexp50: | -1.38% | |
| Price / MAexp100: | -1.89% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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