Londinia Opportunities Analyses - 11/21/2024 (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
56%
0%
44%
My opinion
Bullish above 15.60 CZK
My targets
15.67 CZK (+0.04)
15.81 CZK (+0.18)
My analysis
AUD/CZK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 15.60 CZK. The next resistance located at 15.67 CZK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 15.81 CZK. After this resistance, buyers could then target 16.17 CZK. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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Additional analysis
Quotes
The AUD/CZK price is 15.63 CZK. On the day, this instrument gained +0.06% and was between 15.61 CZK and 15.63 CZK. This implies that the price is at +0.13% from its lowest and at 0% from its highest.15.61
15.63
15.63
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 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
Technical analysis of this 1H chart of AUD/CZK indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
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 | 15.54 | 15.60 | 15.63 | 15.63 | 15.67 | 15.81 | 16.17 |
| Change (%) | -0.58% | -0.19% | 0% | - | +0.26% | +1.15% | +3.45% |
| Change | -0.09 | -0.03 | 0 | - | +0.04 | +0.18 | +0.54 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.54 | 15.55 | 15.59 | 15.60 | 15.64 | 15.65 | 15.69 |
| Camarilla | 15.61 | 15.61 | 15.62 | 15.62 | 15.63 | 15.63 | 15.63 |
| Woodie | 15.55 | 15.56 | 15.60 | 15.61 | 15.65 | 15.66 | 15.70 |
| Fibonacci | 15.55 | 15.57 | 15.58 | 15.60 | 15.62 | 15.63 | 15.65 |
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): | 59.07 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 6.81 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 15.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.64 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 15.58 | |
| Zig ZAG (10): | 15.62 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 86.67 | |
| TEMA (21): | 15.63 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.29 |
| MA7: | 15.56 | |
| MA20: | 15.49 | |
| MA50: | 15.50 | |
| MA100: | 15.42 | |
| MAexp7: | 15.62 | |
| MAexp20: | 15.61 | |
| MAexp50: | 15.59 | |
| MAexp100: | 15.57 | |
| Price / MA7: | +0.45% | |
| Price / MA20: | +0.90% | |
| Price / MA50: | +0.84% | |
| Price / MA100: | +1.36% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.26% | |
| Price / MAexp100: | +0.39% |
Quotes :
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Real time data
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Forex