AUD/DKK - 1H - Technical analysis published on 01/30/2020 (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:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
72%
6%
My opinion
Bearish under 4.5694 DKK
My targets
4.5197 DKK (-0.0356)
4.4892 DKK (-0.0661)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/DKK as long as the price remains well below 4.5694 DKK. The sellers” bearish objective is set at 4.5197 DKK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.4892 DKK. In case of crossing, the next objective would be the support located at 3.5742 DKK. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
7.7
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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 price is 4.5553 DKK. The price is lower by -0.57% since the last closing with the lowest point at 4.5553 DKK and the highest point at 4.5823 DKK. The deviation from the price is 0% for the low point and -0.59% for the high point.4.5553
4.5823
4.5553
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/DKK in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 3.5742 | 4.4892 | 4.5197 | 4.5553 | 4.5579 | 4.5694 | 4.5761 |
Change (%) | -21.54% | -1.45% | -0.78% | - | +0.06% | +0.31% | +0.46% |
Change | -0.9811 | -0.0661 | -0.0356 | - | +0.0026 | +0.0141 | +0.0208 |
Level | Minor | Intermediate | Minor | - | 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 | 4.5494 | 4.5627 | 4.5720 | 4.5853 | 4.5946 | 4.6079 | 4.6172 |
Camarilla | 4.5752 | 4.5773 | 4.5793 | 4.5814 | 4.5835 | 4.5855 | 4.5876 |
Woodie | 4.5475 | 4.5617 | 4.5701 | 4.5843 | 4.5927 | 4.6069 | 4.6153 |
Fibonacci | 4.5627 | 4.5713 | 4.5766 | 4.5853 | 4.5939 | 4.5992 | 4.6079 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.5715 | 4.5881 | 4.6064 | 4.6230 | 4.6413 | 4.6579 | 4.6762 |
Camarilla | 4.6150 | 4.6182 | 4.6214 | 4.6246 | 4.6278 | 4.6310 | 4.6342 |
Woodie | 4.5723 | 4.5885 | 4.6072 | 4.6234 | 4.6421 | 4.6583 | 4.6770 |
Fibonacci | 4.5881 | 4.6015 | 4.6097 | 4.6230 | 4.6364 | 4.6446 | 4.6579 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 27.89 | |
MACD (12,26,9): | -0.0056 | |
Directional Movement: | -23.2968 | |
AROON (14): | -100.0000 | |
DEMA (21): | 4.5647 | |
Parabolic SAR (0,02-0,02-0,2): | 4.5695 | |
Elder Ray (13): | -0.0075 | |
Super Trend (3,10): | 4.5765 | |
Zig ZAG (10): | 4.5588 | |
VORTEX (21): | 0.8340 | |
Stochastique (14,3,5): | 12.49 | |
TEMA (21): | 4.5614 | |
Williams %R (14): | -96.27 | |
Chande Momentum Oscillator (20): | -0.0156 | |
Repulse (5,40,3): | -0.1484 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0145 | |
Courbe Coppock: | 0.70 |
MA7: | 4.5952 | |
MA20: | 4.6154 | |
MA50: | 4.6224 | |
MA100: | 4.6146 | |
MAexp7: | 4.5647 | |
MAexp20: | 4.5699 | |
MAexp50: | 4.5785 | |
MAexp100: | 4.5892 | |
Price / MA7: | -0.87% | |
Price / MA20: | -1.30% | |
Price / MA50: | -1.45% | |
Price / MA100: | -1.29% | |
Price / MAexp7: | -0.21% | |
Price / MAexp20: | -0.32% | |
Price / MAexp50: | -0.51% | |
Price / MAexp100: | -0.74% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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