Londinia Opportunities Analyses - 12/20/2024 (GMT) AUD/PLN - 1H

- PLN (-)
- Real time data - Forex
Type: Forex
Ticker: AUDPLN
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 2.5692 PLN
My targets
2.5434 PLN (-0.0152)
2.5176 PLN (-0.0410)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/PLN as long as the price remains well below 2.5692 PLN. The next bearish objective for sellers is set at 2.5434 PLN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.5176 PLN. If there is any crossing, the next objective would be the support located at 2.3783 PLN. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.1

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Additional analysis

Quotes

AUD/PLN rating 2.5586 PLN. The price is lower by -0.01% since the last closing and was between 2.5559 PLN and 2.5605 PLN. This implies that the price is at +0.11% from its lowest and at -0.07% from its highest.

2.5559
2.5605
2.5586

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of AUD/PLN in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

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
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 1.6947 2.3783 2.5586 2.5692 2.5774 2.5974
Change (%) -33.76% -7.05% - +0.41% +0.73% +1.52%
Change -0.8639 -0.1803 - +0.0106 +0.0188 +0.0388
Level Minor Minor - Minor Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.53242.54192.55032.55982.56822.57772.5861
Camarilla2.55392.55552.55722.55882.56042.56212.5637
Woodie2.53202.54162.54992.55952.56782.57742.5857
Fibonacci2.54192.54872.55292.55982.56662.57082.5777


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.51762.54342.56352.58932.60942.63522.6553
Camarilla2.57102.57522.57942.58362.58782.59202.5962
Woodie2.51482.54202.56072.58792.60662.63382.6525
Fibonacci2.54342.56092.57182.58932.60682.61772.6352


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.50722.56492.60602.66372.70482.76252.8036
Camarilla2.61982.62892.63792.64702.65612.66512.6742
Woodie2.49882.56082.59762.65962.69642.75842.7952
Fibonacci2.56492.60272.62602.66372.70152.72482.7625

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): 43.79
MACD (12,26,9): -0.0008
Directional Movement: -9.8844
AROON (14): 35.7143
DEMA (21): 2.5599
Parabolic SAR (0,02-0,02-0,2): 2.5690
Elder Ray (13): -0.0034
Super Trend (3,10): 2.5685
Zig ZAG (10): 2.5585
VORTEX (21): 0.9808
Stochastique (14,3,5): 37.83
TEMA (21): 2.5609
Williams %R (14): -60.80
Chande Momentum Oscillator (20): 0.0005
Repulse (5,40,3): -0.1248
ROCnROLL: 2
TRIX (15,9): -0.0028
Courbe Coppock: 0.29
MA7: 2.5742
MA20: 2.6077
MA50: 2.6384
MA100: 2.6245
MAexp7: 2.5601
MAexp20: 2.5608
MAexp50: 2.5641
MAexp100: 2.5702
Price / MA7: -0.61%
Price / MA20: -1.88%
Price / MA50: -3.02%
Price / MA100: -2.51%
Price / MAexp7: -0.06%
Price / MAexp20: -0.09%
Price / MAexp50: -0.21%
Price / MAexp100: -0.45%

Quotes : - Real time data - Forex