Londinia Opportunities Analyses - 11/25/2024 (GMT) AUD/CZK - 1H

- CZK (-)
- Real time data - Forex
Type: Forex
Ticker: AUDCZK
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 15.81 CZK
My targets
15.85 CZK (+0.02)
15.92 CZK (+0.09)
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 15.81 CZK. The next resistance located at 15.85 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 15.92 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
7.7

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Additional analysis

Quotes

AUD/CZK rating 15.83 CZK. The price registered an increase of +0.06% on the session and was traded between 15.82 CZK and 15.84 CZK over the period. The price is currently at +0.06% from its lowest and -0.06% from its highest.

15.82
15.84
15.83

Here is a more detailed summary of the historical variations registered by AUD/CZK:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

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


S3S2S1PriceR1R2R3
ProTrendLines 15.63 15.71 15.81 15.83 15.85 15.92 16.17
Change (%) -1.26% -0.76% -0.13% - +0.13% +0.57% +2.15%
Change -0.20 -0.12 -0.02 - +0.02 +0.09 +0.34
Level Intermediate Minor Major - Minor 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
Standard15.7615.7715.8015.8115.8415.8515.88
Camarilla15.8115.8115.8215.8215.8215.8315.83
Woodie15.7615.7815.8015.8215.8415.8615.88
Fibonacci15.7715.7915.8015.8115.8315.8415.85


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.0715.2615.5415.7316.0116.2016.48
Camarilla15.6915.7315.7815.8215.8615.9115.95
Woodie15.1215.2815.5915.7516.0616.2216.53
Fibonacci15.2615.4415.5515.7315.9116.0216.20


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.5114.8715.0915.4515.6716.0316.25
Camarilla15.1415.1915.2515.3015.3515.4115.46
Woodie14.4314.8415.0115.4215.5916.0016.17
Fibonacci14.8715.1015.2315.4515.6815.8116.03

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): 63.94
MACD (12,26,9): 0.0200
Directional Movement: 16.32
AROON (14): -78.57
DEMA (21): 15.84
Parabolic SAR (0,02-0,02-0,2): 15.91
Elder Ray (13): 0.02
Super Trend (3,10): 15.75
Zig ZAG (10): 15.83
VORTEX (21): 1.1100
Stochastique (14,3,5): 43.65
TEMA (21): 15.83
Williams %R (14): -33.33
Chande Momentum Oscillator (20): 0.02
Repulse (5,40,3): 0.0700
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 0.19
MA7: 15.71
MA20: 15.55
MA50: 15.54
MA100: 15.42
MAexp7: 15.82
MAexp20: 15.81
MAexp50: 15.75
MAexp100: 15.69
Price / MA7: +0.76%
Price / MA20: +1.80%
Price / MA50: +1.87%
Price / MA100: +2.66%
Price / MAexp7: +0.06%
Price / MAexp20: +0.13%
Price / MAexp50: +0.51%
Price / MAexp100: +0.89%

Quotes : - Real time data - Forex