AUD/DKK
AUD DKK
- DKK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDDKK
ISIN:

AUD/DKK - 1H - Technical analysis published on 08/19/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 4.5073 DKK
My targets
4.5295 DKK (+0.0075)
4.5458 DKK (+0.0238)
My analysis
A bullish trend on AUD/DKK both in substance and in the short term. A purchase could be considered as long as the price remains above 4.5073 DKK. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 4.5295 DKK. Then the price could move towards 4.5458 DKK. Then 4.5528 DKK by extension. Be careful, a return below 4.5073 DKK would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/DKK price is 4.5220 DKK. The price has increased by +0.01% since the last closing with the lowest point at 4.5134 DKK and the highest point at 4.5233 DKK. The deviation from the price is +0.19% for the low point and -0.03% for the high point.

4.5134
4.5233
4.5220

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AUD/DKK chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal support is broken

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


S3S2S1PriceR1R2R3
ProTrendLines 4.5003 4.5073 4.5190 4.5220 4.5234 4.5295 4.5458
Change (%) -0.48% -0.33% -0.07% - +0.03% +0.17% +0.53%
Change -0.0217 -0.0147 -0.0030 - +0.0014 +0.0075 +0.0238
Level Minor Major Minor - 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
Standard4.48444.49514.50834.51904.53224.54294.5561
Camarilla4.51504.51724.51944.52164.52384.52604.5282
Woodie4.48584.49574.50974.51964.53364.54354.5575
Fibonacci4.49514.50424.50984.51904.52814.53374.5429


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.43664.46854.48914.52104.54164.57354.5941
Camarilla4.49544.50024.50504.50984.51464.51944.5242
Woodie4.43114.46574.48364.51824.53614.57074.5886
Fibonacci4.46854.48854.50094.52104.54104.55344.5735


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.34494.42134.46934.54574.59374.67014.7181
Camarilla4.48304.49444.50584.51724.52864.54004.5514
Woodie4.33064.41424.45504.53864.57944.66304.7038
Fibonacci4.42134.46894.49824.54574.59334.62264.6701

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): 53.03
MACD (12,26,9): -0.0006
Directional Movement: 0.9395
AROON (14): 57.1429
DEMA (21): 4.5183
Parabolic SAR (0,02-0,02-0,2): 4.5077
Elder Ray (13): 0.0022
Super Trend (3,10): 4.5122
Zig ZAG (10): 4.5213
VORTEX (21): 0.9820
Stochastique (14,3,5): 63.04
TEMA (21): 4.5174
Williams %R (14): -18.95
Chande Momentum Oscillator (20): 0.0026
Repulse (5,40,3): 0.0819
ROCnROLL: 1
TRIX (15,9): -0.0029
Courbe Coppock: 0.04
MA7: 4.5203
MA20: 4.5259
MA50: 4.5527
MA100: 4.4907
MAexp7: 4.5190
MAexp20: 4.5192
MAexp50: 4.5192
MAexp100: 4.5191
Price / MA7: +0.04%
Price / MA20: -0.09%
Price / MA50: -0.67%
Price / MA100: +0.70%
Price / MAexp7: +0.07%
Price / MAexp20: +0.06%
Price / MAexp50: +0.06%
Price / MAexp100: +0.06%

Quotes : 2020-08-19 06:48:58 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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