AUD/DKK - 1H - Technical analysis published on 09/09/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
56%
22%
22%
My opinion
Bearish under 4.5822 DKK
My targets
4.5618 DKK (-0.0071)
4.5067 DKK (-0.0622)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/DKK. As long as you are under the resistance located at 4.5822 DKK, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 4.5618 DKK would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 4.5067 DKK as an objective. Crossing it would then enable sellers to target 4.3197 DKK. If the resistance 4.5822 DKK were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.9
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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 price is 4.5689 DKK. On the day, this instrument gained +0.20% and was between 4.5574 DKK and 4.5689 DKK. This implies that the price is at +0.25% from its lowest and at 0% from its highest.4.5574
4.5689
4.5689
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
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
Technical
Technical analysis of this 1H chart of AUD/DKK indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any 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
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.5067 | 4.5577 | 4.5618 | 4.5689 | 4.5822 | 4.5986 | 4.6090 |
| Change (%) | -1.36% | -0.25% | -0.16% | - | +0.29% | +0.65% | +0.88% |
| Change | -0.0622 | -0.0112 | -0.0071 | - | +0.0133 | +0.0297 | +0.0401 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4926 | 4.5215 | 4.5406 | 4.5695 | 4.5886 | 4.6175 | 4.6366 |
| Camarilla | 4.5464 | 4.5508 | 4.5552 | 4.5596 | 4.5640 | 4.5684 | 4.5728 |
| Woodie | 4.4876 | 4.5191 | 4.5356 | 4.5671 | 4.5836 | 4.6151 | 4.6316 |
| Fibonacci | 4.5215 | 4.5399 | 4.5512 | 4.5695 | 4.5879 | 4.5992 | 4.6175 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4991 | 4.5284 | 4.5526 | 4.5819 | 4.6061 | 4.6354 | 4.6596 |
| Camarilla | 4.5622 | 4.5671 | 4.5720 | 4.5769 | 4.5818 | 4.5867 | 4.5916 |
| Woodie | 4.4967 | 4.5271 | 4.5502 | 4.5806 | 4.6037 | 4.6341 | 4.6572 |
| Fibonacci | 4.5284 | 4.5488 | 4.5614 | 4.5819 | 4.6023 | 4.6149 | 4.6354 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4173 | 4.4572 | 4.5290 | 4.5689 | 4.6407 | 4.6806 | 4.7524 |
| Camarilla | 4.5700 | 4.5802 | 4.5905 | 4.6007 | 4.6109 | 4.6212 | 4.6314 |
| Woodie | 4.4332 | 4.4652 | 4.5449 | 4.5769 | 4.6566 | 4.6886 | 4.7683 |
| Fibonacci | 4.4572 | 4.4999 | 4.5263 | 4.5689 | 4.6116 | 4.6380 | 4.6806 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.21 | |
| MACD (12,26,9): | -0.0041 | |
| Directional Movement: | -9.4734 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 4.5588 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.5537 | |
| Elder Ray (13): | -0.0015 | |
| Super Trend (3,10): | 4.5747 | |
| Zig ZAG (10): | 4.5605 | |
| VORTEX (21): | 0.8774 | |
| Stochastique (14,3,5): | 57.82 | |
| TEMA (21): | 4.5582 | |
| Williams %R (14): | -43.24 | |
| Chande Momentum Oscillator (20): | 0.0034 | |
| Repulse (5,40,3): | 0.0130 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0162 | |
| Courbe Coppock: | 0.14 |
| MA7: | 4.5791 | |
| MA20: | 4.5528 | |
| MA50: | 4.5537 | |
| MA100: | 4.5302 | |
| MAexp7: | 4.5626 | |
| MAexp20: | 4.5643 | |
| MAexp50: | 4.5711 | |
| MAexp100: | 4.5761 | |
| Price / MA7: | -0.22% | |
| Price / MA20: | +0.35% | |
| Price / MA50: | +0.33% | |
| Price / MA100: | +0.85% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.16% |
Quotes :
2020-09-09 07:44:50
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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