AUD/PLN
AUD PLN
- PLN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDPLN
ISIN:

AUD/PLN - 1H - Technical analysis published on 07/26/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 2.5967 PLN
My targets
2.5722 PLN (-0.0133)
2.5316 PLN (-0.0539)
My analysis
AUD/PLN is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2.5967 PLN. The next support located at 2.5722 PLN is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2.5316 PLN. Below this support, sellers could then target 2.3783 PLN. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6

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:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/PLN rating 2.5855 PLN. On the day, this instrument gained +0.09% and was traded between 2.5828 PLN and 2.5855 PLN over the period. The price is currently at +0.10% from its lowest and 0% from its highest.

2.5828
2.5855
2.5855

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/PLN:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


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. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.6947 2.3783 2.5842 2.5855 2.5967 2.6014 2.6058
Change (%) -34.45% -8.01% -0.05% - +0.43% +0.61% +0.79%
Change -0.8908 -0.2072 -0.0013 - +0.0112 +0.0159 +0.0203
Level Minor Minor Minor - Intermediate Major 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
Standard2.54712.56372.57352.59012.59992.61652.6263
Camarilla2.57592.57842.58082.58322.58562.58802.5905
Woodie2.54362.56202.57002.58842.59642.61482.6228
Fibonacci2.56372.57382.58012.59012.60022.60652.6165


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.60012.61522.62422.63932.64832.66342.6724
Camarilla2.62662.62882.63102.63322.63542.63762.6398
Woodie2.59712.61372.62122.63782.64532.66192.6694
Fibonacci2.61522.62442.63012.63932.64852.65422.6634


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.53162.57222.62872.66932.72582.76642.8229
Camarilla2.65852.66742.67632.68522.69412.70302.7119
Woodie2.53962.57622.63672.67332.73382.77042.8309
Fibonacci2.57222.60932.63222.66932.70642.72932.7664

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): 35.78
MACD (12,26,9): -0.0046
Directional Movement: -13.8196
AROON (14): 28.5714
DEMA (21): 2.5825
Parabolic SAR (0,02-0,02-0,2): 2.5899
Elder Ray (13): -0.0031
Super Trend (3,10): 2.5948
Zig ZAG (10): 2.5838
VORTEX (21): 0.8428
Stochastique (14,3,5): 30.91
TEMA (21): 2.5815
Williams %R (14): -69.00
Chande Momentum Oscillator (20): -0.0007
Repulse (5,40,3): -0.1028
ROCnROLL: 2
TRIX (15,9): -0.0279
Courbe Coppock: 0.43
MA7: 2.6169
MA20: 2.6457
MA50: 2.6459
MA100: 2.6295
MAexp7: 2.5846
MAexp20: 2.5887
MAexp50: 2.5967
MAexp100: 2.6062
Price / MA7: -1.20%
Price / MA20: -2.28%
Price / MA50: -2.28%
Price / MA100: -1.67%
Price / MAexp7: +0.03%
Price / MAexp20: -0.12%
Price / MAexp50: -0.43%
Price / MAexp100: -0.79%

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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