AUD/DKK - 1H - Technical analysis published on 08/10/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 4.6427 DKK
My targets
4.6822 DKK (+0.0215)
4.7017 DKK (+0.0410)
My analysis
AUD/DKK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.6427 DKK. The next resistance located at 4.6822 DKK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.7017 DKK. After this resistance, buyers could then target 4.7533 DKK. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
8.6
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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
AUD/DKK rating 4.6607 DKK. The price has increased by +0.34% since the last closing and was traded between 4.6376 DKK and 4.6683 DKK over the period. The price is currently at +0.50% from its lowest and -0.16% from its highest.4.6376
4.6683
4.6607
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 strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.6286 | 4.6427 | 4.6576 | 4.6607 | 4.6822 | 4.7533 | 4.8009 |
| Change (%) | -0.69% | -0.39% | -0.07% | - | +0.46% | +1.99% | +3.01% |
| Change | -0.0321 | -0.0180 | -0.0031 | - | +0.0215 | +0.0926 | +0.1402 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.6247 | 4.6330 | 4.6390 | 4.6473 | 4.6533 | 4.6616 | 4.6676 |
| Camarilla | 4.6412 | 4.6425 | 4.6438 | 4.6451 | 4.6464 | 4.6477 | 4.6490 |
| Woodie | 4.6237 | 4.6324 | 4.6380 | 4.6467 | 4.6523 | 4.6610 | 4.6666 |
| Fibonacci | 4.6330 | 4.6384 | 4.6418 | 4.6473 | 4.6527 | 4.6561 | 4.6616 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.5452 | 4.5705 | 4.6108 | 4.6361 | 4.6764 | 4.7017 | 4.7420 |
| Camarilla | 4.6330 | 4.6390 | 4.6450 | 4.6510 | 4.6570 | 4.6630 | 4.6690 |
| Woodie | 4.5526 | 4.5743 | 4.6182 | 4.6399 | 4.6838 | 4.7055 | 4.7494 |
| Fibonacci | 4.5705 | 4.5956 | 4.6111 | 4.6361 | 4.6612 | 4.6767 | 4.7017 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3834 | 4.4910 | 4.5466 | 4.6542 | 4.7098 | 4.8174 | 4.8730 |
| Camarilla | 4.5573 | 4.5723 | 4.5872 | 4.6022 | 4.6172 | 4.6321 | 4.6471 |
| Woodie | 4.3574 | 4.4780 | 4.5206 | 4.6412 | 4.6838 | 4.8044 | 4.8470 |
| Fibonacci | 4.4910 | 4.5533 | 4.5919 | 4.6542 | 4.7165 | 4.7551 | 4.8174 |
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): | 62.70 | |
| MACD (12,26,9): | 0.0037 | |
| Directional Movement: | 24.6131 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 4.6576 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.6469 | |
| Elder Ray (13): | 0.0052 | |
| Super Trend (3,10): | 4.6467 | |
| Zig ZAG (10): | 4.6604 | |
| VORTEX (21): | 1.1462 | |
| Stochastique (14,3,5): | 76.99 | |
| TEMA (21): | 4.6611 | |
| Williams %R (14): | -25.68 | |
| Chande Momentum Oscillator (20): | 0.0208 | |
| Repulse (5,40,3): | 0.0119 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0064 | |
| Courbe Coppock: | 0.70 |
| MA7: | 4.6418 | |
| MA20: | 4.6446 | |
| MA50: | 4.6852 | |
| MA100: | 4.7288 | |
| MAexp7: | 4.6588 | |
| MAexp20: | 4.6525 | |
| MAexp50: | 4.6495 | |
| MAexp100: | 4.6462 | |
| Price / MA7: | +0.41% | |
| Price / MA20: | +0.35% | |
| Price / MA50: | -0.52% | |
| Price / MA100: | -1.44% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.18% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +0.31% |
Quotes :
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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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