AUD/DKK - 1H - Technical analysis published on 01/17/2020 (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
Court terme:
Bullish
De fond:
Bullish
Technical indicators
44%
6%
50%
My opinion
Bullish above 4.6250 DKK
My targets
4.6395 DKK (+0.0073)
4.6472 DKK (+0.0150)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on AUD/DKK as long as the price remains well above 4.6250 DKK. The buyers” bullish objective is set at 4.6395 DKK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.6472 DKK. If there is any crossing, the next objective would be the resistance located at 4.6623 DKK. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
4.1
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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 rating is 4.6322 DKK. On the day, this instrument gained +0.07% and was traded between 4.6200 DKK and 4.6406 DKK over the period. The price is currently at +0.26% from its lowest and -0.18% from its highest.4.6200
4.6406
4.6322
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 LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/DKK indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.6083 | 4.6250 | 4.6315 | 4.6322 | 4.6395 | 4.6472 | 4.6623 |
| Change (%) | -0.52% | -0.16% | -0.02% | - | +0.16% | +0.32% | +0.65% |
| Change | -0.0239 | -0.0072 | -0.0007 | - | +0.0073 | +0.0150 | +0.0301 |
| Level | Intermediate | Major | Minor | - | Major | Intermediate | Major |
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 | 4.6042 | 4.6136 | 4.6214 | 4.6308 | 4.6386 | 4.6480 | 4.6558 |
| Camarilla | 4.6244 | 4.6260 | 4.6275 | 4.6291 | 4.6307 | 4.6323 | 4.6338 |
| Woodie | 4.6033 | 4.6132 | 4.6205 | 4.6304 | 4.6377 | 4.6476 | 4.6549 |
| Fibonacci | 4.6136 | 4.6202 | 4.6243 | 4.6308 | 4.6374 | 4.6415 | 4.6480 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.5283 | 4.5574 | 4.5981 | 4.6272 | 4.6679 | 4.6970 | 4.7377 |
| Camarilla | 4.6197 | 4.6261 | 4.6325 | 4.6389 | 4.6453 | 4.6517 | 4.6581 |
| Woodie | 4.5342 | 4.5603 | 4.6040 | 4.6301 | 4.6738 | 4.6999 | 4.7436 |
| Fibonacci | 4.5574 | 4.5840 | 4.6005 | 4.6272 | 4.6538 | 4.6703 | 4.6970 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.5125 | 4.5467 | 4.6125 | 4.6467 | 4.7125 | 4.7467 | 4.8125 |
| Camarilla | 4.6509 | 4.6601 | 4.6692 | 4.6784 | 4.6876 | 4.6967 | 4.7059 |
| Woodie | 4.5284 | 4.5546 | 4.6284 | 4.6546 | 4.7284 | 4.7546 | 4.8284 |
| Fibonacci | 4.5467 | 4.5849 | 4.6085 | 4.6467 | 4.6849 | 4.7085 | 4.7467 |
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): | 50.24 | |
| MACD (12,26,9): | 0.0018 | |
| Directional Movement: | -0.2757 | |
| AROON (14): | 57.1428 | |
| DEMA (21): | 4.6356 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.6294 | |
| Elder Ray (13): | -0.0018 | |
| Super Trend (3,10): | 4.6260 | |
| Zig ZAG (10): | 4.6337 | |
| VORTEX (21): | 1.0646 | |
| Stochastique (14,3,5): | 65.21 | |
| TEMA (21): | 4.6368 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | 0.0051 | |
| Repulse (5,40,3): | 0.0075 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0050 | |
| Courbe Coppock: | 0.39 |
| MA7: | 4.6283 | |
| MA20: | 4.6464 | |
| MA50: | 4.6242 | |
| MA100: | 4.6160 | |
| MAexp7: | 4.6350 | |
| MAexp20: | 4.6334 | |
| MAexp50: | 4.6315 | |
| MAexp100: | 4.6308 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | -0.31% | |
| Price / MA50: | +0.17% | |
| Price / MA100: | +0.35% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | +0.03% |
This member declared not having a position on this financial instrument or a related financial instrument.
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