AUD/DKK - 1H - Technical analysis published on 05/22/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 4.4663 DKK
My targets
4.4291 DKK (-0.0273)
4.4138 DKK (-0.0426)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/DKK as long as the price remains well below 4.4663 DKK. The sellers” bearish objective is set at 4.4291 DKK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.4138 DKK. In case of crossing, the next objective would be the support located at 4.3623 DKK.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/DKK rating is 4.4564 DKK. On the day, this instrument gained -0.36% and was traded between 4.4489 DKK and 4.4753 DKK over the period. The price is currently at +0.17% from its lowest and -0.42% from its highest.4.4489
4.4753
4.4564
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on AUD/DKK were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of AUD/DKK in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.4138 | 4.4291 | 4.4558 | 4.4564 | 4.4663 | 4.4727 | 4.4880 |
| Change (%) | -0.96% | -0.61% | -0.01% | - | +0.22% | +0.37% | +0.71% |
| Change | -0.0426 | -0.0273 | -0.0006 | - | +0.0099 | +0.0163 | +0.0316 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Minor | Intermediate |
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 | 4.4367 | 4.4463 | 4.4593 | 4.4689 | 4.4819 | 4.4915 | 4.5045 |
| Camarilla | 4.4662 | 4.4683 | 4.4703 | 4.4724 | 4.4745 | 4.4765 | 4.4786 |
| Woodie | 4.4385 | 4.4472 | 4.4611 | 4.4698 | 4.4837 | 4.4924 | 4.5063 |
| Fibonacci | 4.4463 | 4.4549 | 4.4602 | 4.4689 | 4.4775 | 4.4828 | 4.4915 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.2883 | 4.3511 | 4.3856 | 4.4484 | 4.4829 | 4.5457 | 4.5802 |
| Camarilla | 4.3934 | 4.4024 | 4.4113 | 4.4202 | 4.4291 | 4.4380 | 4.4470 |
| Woodie | 4.2743 | 4.3440 | 4.3716 | 4.4413 | 4.4689 | 4.5386 | 4.5662 |
| Fibonacci | 4.3511 | 4.3882 | 4.4112 | 4.4484 | 4.4855 | 4.5085 | 4.5457 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.8019 | 3.9601 | 4.1937 | 4.3519 | 4.5855 | 4.7437 | 4.9773 |
| Camarilla | 4.3196 | 4.3555 | 4.3914 | 4.4273 | 4.4632 | 4.4991 | 4.5350 |
| Woodie | 3.8396 | 3.9790 | 4.2314 | 4.3708 | 4.6232 | 4.7626 | 5.0150 |
| Fibonacci | 3.9601 | 4.1098 | 4.2022 | 4.3519 | 4.5016 | 4.5940 | 4.7437 |
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): | 42.32 | |
| MACD (12,26,9): | -0.0021 | |
| Directional Movement: | -2.7790 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 4.4627 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.4512 | |
| Elder Ray (13): | -0.0006 | |
| Super Trend (3,10): | 4.4759 | |
| Zig ZAG (10): | 4.4607 | |
| VORTEX (21): | 0.9677 | |
| Stochastique (14,3,5): | 50.14 | |
| TEMA (21): | 4.4616 | |
| Williams %R (14): | -46.59 | |
| Chande Momentum Oscillator (20): | -0.0055 | |
| Repulse (5,40,3): | -0.0587 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0047 | |
| Courbe Coppock: | 0.34 |
| MA7: | 4.4593 | |
| MA20: | 4.4491 | |
| MA50: | 4.3096 | |
| MA100: | 4.4226 | |
| MAexp7: | 4.4625 | |
| MAexp20: | 4.4640 | |
| MAexp50: | 4.4652 | |
| MAexp100: | 4.4633 | |
| Price / MA7: | -0.07% | |
| Price / MA20: | +0.16% | |
| Price / MA50: | +3.41% | |
| Price / MA100: | +0.76% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.20% | |
| Price / MAexp100: | -0.15% |
This member declared not having a position on this financial instrument or a related financial instrument.
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