Londinia Opportunities Analyses - 11/20/2024 (GMT) AUD/CZK - 1H
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
28%
22%
My opinion
Bullish above 15.56 CZK
My targets
15.63 CZK (+0.04)
15.65 CZK (+0.06)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/CZK as long as the price remains well above 15.56 CZK. The buyers' bullish objective is set at 15.63 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.65 CZK. If there is any crossing, the next objective would be the resistance located at 15.67 CZK. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.8
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Additional analysis
Quotes
The AUD/CZK rating is 15.59 CZK. The price has increased by +0.00% since the last closing and was traded between 15.57 CZK and 15.60 CZK over the period. The price is currently at +0.13% from its lowest and -0.06% from its highest.15.57
15.60
15.59
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/CZK:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/CZK chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 9 are bullish, 4 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.52 | 15.56 | 15.58 | 15.59 | 15.60 | 15.63 | 15.65 |
| Change (%) | -0.45% | -0.19% | -0.06% | - | +0.06% | +0.26% | +0.38% |
| Change | -0.07 | -0.03 | -0.01 | - | +0.01 | +0.04 | +0.06 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.35 | 15.42 | 15.51 | 15.58 | 15.67 | 15.74 | 15.83 |
| Camarilla | 15.55 | 15.56 | 15.58 | 15.59 | 15.61 | 15.62 | 15.63 |
| Woodie | 15.35 | 15.43 | 15.51 | 15.59 | 15.67 | 15.75 | 15.83 |
| Fibonacci | 15.42 | 15.48 | 15.52 | 15.58 | 15.64 | 15.68 | 15.74 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.18 | 15.32 | 15.40 | 15.54 | 15.62 | 15.76 | 15.84 |
| Camarilla | 15.43 | 15.45 | 15.47 | 15.49 | 15.51 | 15.53 | 15.55 |
| Woodie | 15.16 | 15.31 | 15.38 | 15.53 | 15.60 | 15.75 | 15.82 |
| Fibonacci | 15.32 | 15.40 | 15.45 | 15.54 | 15.62 | 15.67 | 15.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.51 | 14.87 | 15.09 | 15.45 | 15.67 | 16.03 | 16.25 |
| Camarilla | 15.14 | 15.19 | 15.25 | 15.30 | 15.35 | 15.41 | 15.46 |
| Woodie | 14.43 | 14.84 | 15.01 | 15.42 | 15.59 | 16.00 | 16.17 |
| Fibonacci | 14.87 | 15.10 | 15.23 | 15.45 | 15.68 | 15.81 | 16.03 |
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): | 58.64 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 15.50 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 15.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.56 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 15.54 | |
| Zig ZAG (10): | 15.58 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 21.48 | |
| TEMA (21): | 15.59 | |
| Williams %R (14): | -88.89 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.1200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.20 |
| MA7: | 15.55 | |
| MA20: | 15.48 | |
| MA50: | 15.50 | |
| MA100: | 15.42 | |
| MAexp7: | 15.58 | |
| MAexp20: | 15.58 | |
| MAexp50: | 15.55 | |
| MAexp100: | 15.54 | |
| Price / MA7: | +0.26% | |
| Price / MA20: | +0.71% | |
| Price / MA50: | +0.58% | |
| Price / MA100: | +1.10% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.26% | |
| Price / MAexp100: | +0.32% |
Quotes :
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Real time data
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Forex