AUD/DKK - 1H - Technical analysis published on 10/04/2019 (GMT)
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- 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
72%
0%
28%
My opinion
Bullish above 4.5867 DKK
My targets
4.6046 DKK (+0.21%)
4.6216 DKK (+0.58%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/DKK as long as the price remains well above 4.5867 DKK. The buyers” bullish objective is set at 4.6046 DKK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.6216 DKK. If there is any crossing, the next objective would be the resistance located at 4.6314 DKK.
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
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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 4.5949 DKK. On the day, this instrument gained +0.15% and was traded between 4.5876 DKK and 4.5977 DKK over the period. The price is currently at +0.16% from its lowest and -0.06% from its highest.4.5876
4.5977
4.5949
Here is a more detailed summary of the historical variations registered by AUD/DKK:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/DKK chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 | 4.5699 | 4.5793 | 4.5867 | 4.5949 | 4.6046 | 4.6216 | 4.6314 |
Change (%) | -0.54% | -0.34% | -0.18% | - | +0.21% | +0.58% | +0.79% |
Change | -0.0250 | -0.0156 | -0.0082 | - | +0.0097 | +0.0267 | +0.0365 |
Level | Minor | Major | Intermediate | - | Major | Minor | 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 | 4.5511 | 4.5597 | 4.5740 | 4.5826 | 4.5969 | 4.6055 | 4.6198 |
Camarilla | 4.5819 | 4.5840 | 4.5861 | 4.5882 | 4.5903 | 4.5924 | 4.5945 |
Woodie | 4.5539 | 4.5611 | 4.5768 | 4.5840 | 4.5997 | 4.6069 | 4.6226 |
Fibonacci | 4.5597 | 4.5685 | 4.5739 | 4.5826 | 4.5914 | 4.5968 | 4.6055 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.5470 | 4.5656 | 4.5910 | 4.6096 | 4.6350 | 4.6536 | 4.6790 |
Camarilla | 4.6044 | 4.6084 | 4.6125 | 4.6165 | 4.6205 | 4.6246 | 4.6286 |
Woodie | 4.5505 | 4.5673 | 4.5945 | 4.6113 | 4.6385 | 4.6553 | 4.6825 |
Fibonacci | 4.5656 | 4.5824 | 4.5928 | 4.6096 | 4.6264 | 4.6368 | 4.6536 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.4281 | 4.4940 | 4.5591 | 4.6250 | 4.6901 | 4.7560 | 4.8211 |
Camarilla | 4.5882 | 4.6002 | 4.6122 | 4.6242 | 4.6362 | 4.6482 | 4.6602 |
Woodie | 4.4277 | 4.4938 | 4.5587 | 4.6248 | 4.6897 | 4.7558 | 4.8207 |
Fibonacci | 4.4940 | 4.5440 | 4.5750 | 4.6250 | 4.6750 | 4.7060 | 4.7560 |
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): | 66.00 | |
MACD (12,26,9): | 0.0046 | |
Directional Movement: | 8.4852 | |
AROON (14): | 100.0000 | |
DEMA (21): | 4.5951 | |
Parabolic SAR (0,02-0,02-0,2): | 4.5885 | |
Elder Ray (13): | 0.0036 | |
Super Trend (3,10): | 4.5840 | |
Zig ZAG (10): | 4.5966 | |
VORTEX (21): | 1.1880 | |
Stochastique (14,3,5): | 93.85 | |
TEMA (21): | 4.5978 | |
Williams %R (14): | -6.61 | |
Chande Momentum Oscillator (20): | 0.0090 | |
Repulse (5,40,3): | 0.1277 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0141 | |
Courbe Coppock: | 0.41 |
MA7: | 4.5988 | |
MA20: | 4.6142 | |
MA50: | 4.5790 | |
MA100: | 4.6002 | |
MAexp7: | 4.5940 | |
MAexp20: | 4.5898 | |
MAexp50: | 4.5858 | |
MAexp100: | 4.5890 | |
Price / MA7: | -0.08% | |
Price / MA20: | -0.42% | |
Price / MA50: | +0.35% | |
Price / MA100: | -0.12% | |
Price / MAexp7: | +0.02% | |
Price / MAexp20: | +0.11% | |
Price / MAexp50: | +0.20% | |
Price / MAexp100: | +0.13% |
This member declared not having a position on this financial instrument or a related financial instrument.
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