AUD/DKK - 1H - Technical analysis published on 12/23/2020 (GMT)
- 186
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 4.6094 DKK
My targets
4.6328 DKK (+0.0135)
4.6482 DKK (+0.0289)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on AUD/DKK. This is a positive signal for buyers. As long as the price remains above 4.6094 DKK, a purchase could be considered. The first bullish objective is located at 4.6328 DKK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.6482 DKK as an objective. Crossing it would then enable buyers to target 4.8103 DKK. In the event of a return below 4.6094 DKK, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3
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:
Additional analysis
Quotes
The AUD/DKK price is 4.6193 DKK. The price registered an increase of +0.17% on the session and was between 4.6028 DKK and 4.6248 DKK. This implies that the price is at +0.36% from its lowest and at -0.12% from its highest.4.6028
4.6248
4.6193
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Technical
A technical analysis in 1H of this AUD/DKK chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 4.5995 | 4.6094 | 4.6170 | 4.6193 | 4.6328 | 4.6482 | 4.8103 |
| Change (%) | -0.43% | -0.21% | -0.05% | - | +0.29% | +0.63% | +4.13% |
| Change | -0.0198 | -0.0099 | -0.0023 | - | +0.0135 | +0.0289 | +0.1910 |
| Level | Intermediate | Minor | Minor | - | Intermediate | 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 | 4.5641 | 4.5738 | 4.5927 | 4.6024 | 4.6213 | 4.6310 | 4.6499 |
| Camarilla | 4.6038 | 4.6065 | 4.6091 | 4.6117 | 4.6143 | 4.6169 | 4.6196 |
| Woodie | 4.5688 | 4.5761 | 4.5974 | 4.6047 | 4.6260 | 4.6333 | 4.6546 |
| Fibonacci | 4.5738 | 4.5847 | 4.5914 | 4.6024 | 4.6133 | 4.6200 | 4.6310 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.5530 | 4.5763 | 4.6017 | 4.6250 | 4.6504 | 4.6737 | 4.6991 |
| Camarilla | 4.6138 | 4.6183 | 4.6227 | 4.6272 | 4.6317 | 4.6361 | 4.6406 |
| Woodie | 4.5542 | 4.5768 | 4.6029 | 4.6255 | 4.6516 | 4.6742 | 4.7003 |
| Fibonacci | 4.5763 | 4.5949 | 4.6064 | 4.6250 | 4.6436 | 4.6551 | 4.6737 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3597 | 4.4170 | 4.5028 | 4.5601 | 4.6459 | 4.7032 | 4.7890 |
| Camarilla | 4.5493 | 4.5624 | 4.5755 | 4.5886 | 4.6017 | 4.6148 | 4.6280 |
| Woodie | 4.3740 | 4.4241 | 4.5171 | 4.5672 | 4.6602 | 4.7103 | 4.8033 |
| Fibonacci | 4.4170 | 4.4717 | 4.5054 | 4.5601 | 4.6148 | 4.6485 | 4.7032 |
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): | 63.26 | |
| MACD (12,26,9): | 0.0049 | |
| Directional Movement: | 12.7164 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 4.6187 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.6120 | |
| Elder Ray (13): | 0.0059 | |
| Super Trend (3,10): | 4.6011 | |
| Zig ZAG (10): | 4.6198 | |
| VORTEX (21): | 1.1288 | |
| Stochastique (14,3,5): | 83.09 | |
| TEMA (21): | 4.6224 | |
| Williams %R (14): | -2.07 | |
| Chande Momentum Oscillator (20): | 0.0138 | |
| Repulse (5,40,3): | 0.2189 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0125 | |
| Courbe Coppock: | 0.58 |
| MA7: | 4.6186 | |
| MA20: | 4.5944 | |
| MA50: | 4.5608 | |
| MA100: | 4.5546 | |
| MAexp7: | 4.6179 | |
| MAexp20: | 4.6128 | |
| MAexp50: | 4.6092 | |
| MAexp100: | 4.6106 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | +0.54% | |
| Price / MA50: | +1.28% | |
| Price / MA100: | +1.42% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | +0.19% |
Quotes :
2020-12-23 14:38:27
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis AUD/DKK - 1H