AUD/ZAR - 1H - Technical analysis published on 06/22/2023 (GMT)
- 128
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
33%
17%
50%
My opinion
Neutral between 12.4320 ZAR and 12.5262 ZAR
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 12.5262 ZAR. The first support is located at 12.4320 ZAR. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by AUD/ZAR.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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.
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Additional analysis
Quotes
The AUD/ZAR rating is 12.4569 ZAR. The price registered an increase of +0.00% on the session and was traded between 12.4461 ZAR and 12.4803 ZAR over the period. The price is currently at +0.09% from its lowest and -0.19% from its highest.12.4461
12.4803
12.4569
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/ZAR:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/ZAR chart shows a neutral trend. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 6 are bullish, 9 are neutral and 3 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
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
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.3228 | 12.3935 | 12.4320 | 12.4569 | 12.4578 | 12.5262 | 12.5943 |
| Change (%) | -1.08% | -0.51% | -0.20% | - | +0.01% | +0.56% | +1.10% |
| Change | -0.1341 | -0.0634 | -0.0249 | - | +0.0009 | +0.0693 | +0.1374 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Intermediate |
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 | 12.2844 | 12.3387 | 12.3979 | 12.4522 | 12.5114 | 12.5657 | 12.6249 |
| Camarilla | 12.4259 | 12.4363 | 12.4467 | 12.4571 | 12.4675 | 12.4779 | 12.4883 |
| Woodie | 12.2869 | 12.3399 | 12.4004 | 12.4534 | 12.5139 | 12.5669 | 12.6274 |
| Fibonacci | 12.3387 | 12.3821 | 12.4088 | 12.4522 | 12.4956 | 12.5223 | 12.5657 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.1682 | 12.2992 | 12.3996 | 12.5306 | 12.6310 | 12.7620 | 12.8624 |
| Camarilla | 12.4364 | 12.4576 | 12.4788 | 12.5000 | 12.5212 | 12.5424 | 12.5636 |
| Woodie | 12.1529 | 12.2916 | 12.3843 | 12.5230 | 12.6157 | 12.7544 | 12.8471 |
| Fibonacci | 12.2992 | 12.3876 | 12.4422 | 12.5306 | 12.6190 | 12.6736 | 12.7620 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.2611 | 11.6730 | 12.2529 | 12.6648 | 13.2447 | 13.6566 | 14.2365 |
| Camarilla | 12.5600 | 12.6509 | 12.7418 | 12.8327 | 12.9236 | 13.0145 | 13.1055 |
| Woodie | 11.3450 | 11.7150 | 12.3368 | 12.7068 | 13.3286 | 13.6986 | 14.3204 |
| Fibonacci | 11.6730 | 12.0519 | 12.2860 | 12.6648 | 13.0437 | 13.2778 | 13.6566 |
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): | 50.55 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | 0.3448 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 12.4598 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.4273 | |
| Elder Ray (13): | -0.0051 | |
| Super Trend (3,10): | 12.5146 | |
| Zig ZAG (10): | 12.4570 | |
| VORTEX (21): | 0.9743 | |
| Stochastique (14,3,5): | 73.52 | |
| TEMA (21): | 12.4615 | |
| Williams %R (14): | -33.87 | |
| Chande Momentum Oscillator (20): | -0.0153 | |
| Repulse (5,40,3): | -0.0335 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0029 | |
| Courbe Coppock: | 0.37 |
| MA7: | 12.4769 | |
| MA20: | 12.6577 | |
| MA50: | 12.5360 | |
| MA100: | 12.3967 | |
| MAexp7: | 12.4596 | |
| MAexp20: | 12.4562 | |
| MAexp50: | 12.4547 | |
| MAexp100: | 12.4697 | |
| Price / MA7: | -0.16% | |
| Price / MA20: | -1.59% | |
| Price / MA50: | -0.63% | |
| Price / MA100: | +0.49% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | -0.10% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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