AUD/DKK - 1H - Technical analysis published on 02/17/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 4.6239 DKK
My targets
4.6396 DKK (+0.0075)
4.6645 DKK (+0.0324)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 4.6239 DKK remains possible. It is advisable to trade AUD/DKK with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 4.6239 DKK. The next bullish objective for buyers is set at 4.6396 DKK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.6645 DKK. If there is any crossing, the next objective would be the resistance located at 4.6860 DKK. PS: if there is a bearish break in the support located at 4.6239 DKK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
3.4
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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 4.6321 DKK. On the day, this instrument gained +0.04% and was between 4.6283 DKK and 4.6402 DKK. This implies that the price is at +0.08% from its lowest and at -0.17% from its highest.4.6283
4.6402
4.6321
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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
Technical
Technical analysis of AUD/DKK in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 5 are bullish, 9 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 4.5822 | 4.5961 | 4.6239 | 4.6321 | 4.6396 | 4.6645 | 4.6860 |
| Change (%) | -1.08% | -0.78% | -0.18% | - | +0.16% | +0.70% | +1.16% |
| Change | -0.0499 | -0.0360 | -0.0082 | - | +0.0075 | +0.0324 | +0.0539 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.6013 | 4.6115 | 4.6209 | 4.6311 | 4.6405 | 4.6507 | 4.6601 |
| Camarilla | 4.6250 | 4.6268 | 4.6286 | 4.6304 | 4.6322 | 4.6340 | 4.6358 |
| Woodie | 4.6010 | 4.6113 | 4.6206 | 4.6309 | 4.6402 | 4.6505 | 4.6598 |
| Fibonacci | 4.6115 | 4.6190 | 4.6236 | 4.6311 | 4.6386 | 4.6432 | 4.6507 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4771 | 4.5135 | 4.5719 | 4.6083 | 4.6667 | 4.7031 | 4.7615 |
| Camarilla | 4.6043 | 4.6130 | 4.6217 | 4.6304 | 4.6391 | 4.6478 | 4.6565 |
| Woodie | 4.4882 | 4.5190 | 4.5830 | 4.6138 | 4.6778 | 4.7086 | 4.7726 |
| Fibonacci | 4.5135 | 4.5497 | 4.5721 | 4.6083 | 4.6445 | 4.6669 | 4.7031 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.2699 | 4.3865 | 4.4459 | 4.5625 | 4.6219 | 4.7385 | 4.7979 |
| Camarilla | 4.4570 | 4.4731 | 4.4893 | 4.5054 | 4.5215 | 4.5377 | 4.5538 |
| Woodie | 4.2414 | 4.3722 | 4.4174 | 4.5482 | 4.5934 | 4.7242 | 4.7694 |
| Fibonacci | 4.3865 | 4.4537 | 4.4952 | 4.5625 | 4.6297 | 4.6712 | 4.7385 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.55 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 0.0292 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 4.6327 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.6349 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 4.6246 | |
| Zig ZAG (10): | 4.6325 | |
| VORTEX (21): | 0.9848 | |
| Stochastique (14,3,5): | 35.35 | |
| TEMA (21): | 4.6319 | |
| Williams %R (14): | -60.61 | |
| Chande Momentum Oscillator (20): | -0.0001 | |
| Repulse (5,40,3): | 0.0273 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0011 | |
| Courbe Coppock: | 0.16 |
| MA7: | 4.6059 | |
| MA20: | 4.5878 | |
| MA50: | 4.6172 | |
| MA100: | 4.6104 | |
| MAexp7: | 4.6321 | |
| MAexp20: | 4.6323 | |
| MAexp50: | 4.6302 | |
| MAexp100: | 4.6216 | |
| Price / MA7: | +0.57% | |
| Price / MA20: | +0.97% | |
| Price / MA50: | +0.32% | |
| Price / MA100: | +0.47% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.23% |
This member declared not having a position on this financial instrument or a related financial instrument.
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