EUR/SEK - 1H - Technical analysis published on 01/26/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
22%
44%
33%
My opinion
Neutral between 11.1020 SEK and 11.1931 SEK
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on EUR/SEK. It is difficult to advise a trading direction under these conditions. The first support is located at 11.1020 SEK. The first resistance is located at 11.1931 SEK. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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Additional analysis
Quotes
The EUR/SEK rating is 11.1379 SEK. The price has increased by +0.00% since the last closing and was traded between 11.1340 SEK and 11.1520 SEK over the period. The price is currently at +0.04% from its lowest and -0.13% from its highest.11.1340
11.1520
11.1379
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 EUR/SEK chart shows a slightly bearish trend. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
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 | 11.0769 | 11.1020 | 11.1342 | 11.1379 | 11.1931 | 11.2793 | 11.3043 |
| Change (%) | -0.55% | -0.32% | -0.03% | - | +0.50% | +1.27% | +1.49% |
| Change | -0.0610 | -0.0359 | -0.0037 | - | +0.0552 | +0.1414 | +0.1664 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.0154 | 11.0587 | 11.0986 | 11.1419 | 11.1818 | 11.2251 | 11.2650 |
| Camarilla | 11.1155 | 11.1232 | 11.1308 | 11.1384 | 11.1460 | 11.1537 | 11.1613 |
| Woodie | 11.0136 | 11.0579 | 11.0968 | 11.1411 | 11.1800 | 11.2243 | 11.2632 |
| Fibonacci | 11.0587 | 11.0905 | 11.1102 | 11.1419 | 11.1737 | 11.1934 | 11.2251 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.8739 | 10.9852 | 11.0824 | 11.1937 | 11.2909 | 11.4022 | 11.4994 |
| Camarilla | 11.1224 | 11.1415 | 11.1606 | 11.1797 | 11.1988 | 11.2179 | 11.2370 |
| Woodie | 10.8670 | 10.9817 | 11.0755 | 11.1902 | 11.2840 | 11.3987 | 11.4925 |
| Fibonacci | 10.9852 | 11.0648 | 11.1140 | 11.1937 | 11.2733 | 11.3225 | 11.4022 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.5686 | 10.6985 | 10.9284 | 11.0583 | 11.2882 | 11.4181 | 11.6480 |
| Camarilla | 11.0593 | 11.0922 | 11.1252 | 11.1582 | 11.1912 | 11.2242 | 11.2572 |
| Woodie | 10.6185 | 10.7235 | 10.9783 | 11.0833 | 11.3381 | 11.4431 | 11.6979 |
| Fibonacci | 10.6985 | 10.8360 | 10.9209 | 11.0583 | 11.1958 | 11.2807 | 11.4181 |
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): | 50.47 | |
| MACD (12,26,9): | 0.0039 | |
| Directional Movement: | 1.9824 | |
| AROON (14): | -57.1428 | |
| DEMA (21): | 11.1486 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.1586 | |
| Elder Ray (13): | -0.0026 | |
| Super Trend (3,10): | 11.1082 | |
| Zig ZAG (10): | 11.1416 | |
| VORTEX (21): | 1.0723 | |
| Stochastique (14,3,5): | 16.57 | |
| TEMA (21): | 11.1484 | |
| Williams %R (14): | -84.80 | |
| Chande Momentum Oscillator (20): | -0.0165 | |
| Repulse (5,40,3): | -0.0052 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0088 | |
| Courbe Coppock: | 0.15 |
| MA7: | 11.1477 | |
| MA20: | 11.1896 | |
| MA50: | 11.0585 | |
| MA100: | 10.9719 | |
| MAexp7: | 11.1437 | |
| MAexp20: | 11.1422 | |
| MAexp50: | 11.1369 | |
| MAexp100: | 11.1452 | |
| Price / MA7: | -0.09% | |
| Price / MA20: | -0.46% | |
| Price / MA50: | +0.72% | |
| Price / MA100: | +1.51% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | -0.07% |
Quotes :
-
Real time data
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Forex
News
The last news published on EUR/SEK at the time of the generation of this analysis was as follows:
-
EUR/SEK To Head Higher
-
Hows does more Riksbank QE impact USD/SEK and EUR/SEK ?
-
EUR/SEK to Grind Lower
-
Danske Bank On EUR/SEK
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Nordea on EUR/SEK
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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