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

AUD/DKK - 1H - Technical analysis published on 09/23/2019 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Bullish
De fond: Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 4.6023 DKK
My targets
4.5793 DKK (-0.25%)
4.5485 DKK (-0.92%)
My analysis
In a bearish trend, the price of AUD/DKK tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 4.6023 DKK. A bearish break in the support located at 4.5793 DKK would revive the bearish momentum and fuel the basic trend. Then the price could move towards 4.5485 DKK. Then 4.5197 DKK by extension. It would be safer to wait for a bearish break in the support located at 4.5793 DKK before allowing yourself to re trade short positions (for sale) on AUD/DKK. PS: if there is a bullish break in the resistance located at 4.6023 DKK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
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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

AUD/DKK rating 4.5909 DKK. The price registered an increase of +0.09% on the session with the lowest point at 4.5853 DKK and the highest point at 4.5941 DKK. The deviation from the price is +0.12% for the low point and -0.07% for the high point.

4.5853
4.5941
4.5909

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/DKK:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of AUD/DKK in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour



The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

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 4.5197 4.5485 4.5793 4.5909 4.6023 4.6283 4.6386
Change (%) -1.55% -0.92% -0.25% - +0.25% +0.81% +1.04%
Change -0.0712 -0.0424 -0.0116 - +0.0114 +0.0374 +0.0477
Level Minor Intermediate Major - Minor Intermediate Intermediate



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
Standard4.55784.56994.57824.59034.59864.61074.6190
Camarilla4.58104.58294.58474.58664.58854.59034.5922
Woodie4.55604.56904.57644.58944.59684.60984.6172
Fibonacci4.56994.57774.58254.59034.59814.60294.6107


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.47644.52854.55754.60964.63864.69074.7197
Camarilla4.56434.57174.57924.58664.59404.60154.6089
Woodie4.46504.52274.54614.60384.62724.68494.7083
Fibonacci4.52854.55954.57864.60964.64064.65974.6907


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.28004.36414.46734.55144.65464.73874.8419
Camarilla4.51914.53634.55344.57064.58784.60494.6221
Woodie4.28974.36894.47704.55624.66434.74354.8516
Fibonacci4.36414.43564.47984.55144.62294.66714.7387

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): 51.33
MACD (12,26,9): -0.0003
Directional Movement: 0.1078
AROON (14): 57.1428
DEMA (21): 4.5895
Parabolic SAR (0,02-0,02-0,2): 4.5942
Elder Ray (13): 0.0010
Super Trend (3,10): 4.5997
Zig ZAG (10): 4.5913
VORTEX (21): 0.9979
Stochastique (14,3,5): 82.80
TEMA (21): 4.5916
Williams %R (14): -15.83
Chande Momentum Oscillator (20): 0.0081
Repulse (5,40,3): 0.0239
ROCnROLL: -1
TRIX (15,9): -0.0028
Courbe Coppock: 0.06
MA7: 4.6167
MA20: 4.6027
MA50: 4.5916
MA100: 4.6030
MAexp7: 4.5911
MAexp20: 4.5903
MAexp50: 4.5945
MAexp100: 4.6045
Price / MA7: -0.56%
Price / MA20: -0.26%
Price / MA50: -0.02%
Price / MA100: -0.26%
Price / MAexp7: -0.00%
Price / MAexp20: +0.01%
Price / MAexp50: -0.08%
Price / MAexp100: -0.30%

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

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