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

AUD/DKK - 1H - Technical analysis published on 01/30/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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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

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard4.54944.56274.57204.58534.59464.60794.6172
Camarilla4.57524.57734.57934.58144.58354.58554.5876
Woodie4.54754.56174.57014.58434.59274.60694.6153
Fibonacci4.56274.57134.57664.58534.59394.59924.6079


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.57154.58814.60644.62304.64134.65794.6762
Camarilla4.61504.61824.62144.62464.62784.63104.6342
Woodie4.57234.58854.60724.62344.64214.65834.6770
Fibonacci4.58814.60154.60974.62304.63644.64464.6579


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.51254.54674.61254.64674.71254.74674.8125
Camarilla4.65094.66014.66924.67844.68764.69674.7059
Woodie4.52844.55464.62844.65464.72844.75464.8284
Fibonacci4.54674.58494.60854.64674.68494.70854.7467

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.

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