AUD/PLN - 1H - Technical analysis published on 05/25/2023 (GMT)
- 134
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
11%
39%
50%
My opinion
Bearish under 2.7492 PLN
My targets
2.7276 PLN (-0.0153)
2.6875 PLN (-0.0554)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/PLN. As long as you are under the resistance located at 2.7492 PLN, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 2.7276 PLN would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 2.6875 PLN as an objective. Crossing it would then enable sellers to target 2.6014 PLN. If the resistance 2.7492 PLN were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.1
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
AUD/PLN rating 2.7429 PLN. The price is lower by -0.01% since the last closing with the lowest point at 2.7382 PLN and the highest point at 2.7491 PLN. The deviation from the price is +0.17% for the low point and -0.23% for the high point.2.7382
2.7491
2.7429
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/PLN indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
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 | 2.3783 | 2.6014 | 2.7276 | 2.7429 | 2.7432 | 2.7492 | 2.7636 |
| Change (%) | -13.29% | -5.16% | -0.56% | - | +0.01% | +0.23% | +0.75% |
| Change | -0.3646 | -0.1415 | -0.0153 | - | +0.0003 | +0.0063 | +0.0207 |
| Level | Intermediate | Major | Minor | - | Major | Minor | Minor |
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 | 2.6995 | 2.7136 | 2.7283 | 2.7424 | 2.7571 | 2.7712 | 2.7859 |
| Camarilla | 2.7352 | 2.7378 | 2.7405 | 2.7431 | 2.7457 | 2.7484 | 2.7510 |
| Woodie | 2.6999 | 2.7138 | 2.7287 | 2.7426 | 2.7575 | 2.7714 | 2.7863 |
| Fibonacci | 2.7136 | 2.7246 | 2.7314 | 2.7424 | 2.7534 | 2.7602 | 2.7712 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.6875 | 2.7135 | 2.7528 | 2.7788 | 2.8181 | 2.8441 | 2.8834 |
| Camarilla | 2.7742 | 2.7802 | 2.7862 | 2.7922 | 2.7982 | 2.8042 | 2.8102 |
| Woodie | 2.6943 | 2.7168 | 2.7596 | 2.7821 | 2.8249 | 2.8474 | 2.8902 |
| Fibonacci | 2.7135 | 2.7384 | 2.7538 | 2.7788 | 2.8037 | 2.8191 | 2.8441 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4988 | 2.6143 | 2.6835 | 2.7990 | 2.8682 | 2.9837 | 3.0529 |
| Camarilla | 2.7019 | 2.7188 | 2.7358 | 2.7527 | 2.7696 | 2.7866 | 2.8035 |
| Woodie | 2.4757 | 2.6027 | 2.6604 | 2.7874 | 2.8451 | 2.9721 | 3.0298 |
| Fibonacci | 2.6143 | 2.6849 | 2.7284 | 2.7990 | 2.8696 | 2.9131 | 2.9837 |
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): | 47.43 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | 6.2916 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 2.7406 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.7478 | |
| Elder Ray (13): | 0.0018 | |
| Super Trend (3,10): | 2.7505 | |
| Zig ZAG (10): | 2.7416 | |
| VORTEX (21): | 1.0602 | |
| Stochastique (14,3,5): | 48.55 | |
| TEMA (21): | 2.7431 | |
| Williams %R (14): | -72.48 | |
| Chande Momentum Oscillator (20): | -0.0022 | |
| Repulse (5,40,3): | -0.0976 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0064 | |
| Courbe Coppock: | 0.05 |
| MA7: | 2.7678 | |
| MA20: | 2.7762 | |
| MA50: | 2.8254 | |
| MA100: | 2.9236 | |
| MAexp7: | 2.7424 | |
| MAexp20: | 2.7422 | |
| MAexp50: | 2.7474 | |
| MAexp100: | 2.7566 | |
| Price / MA7: | -0.90% | |
| Price / MA20: | -1.20% | |
| Price / MA50: | -2.92% | |
| Price / MA100: | -6.18% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | -0.16% | |
| Price / MAexp100: | -0.50% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis AUD/PLN - 1H