AUD/NOK - Daily - Technical analysis published on 06/11/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 6.4488 NOK
My targets
6.5558 NOK (+0.0302)
6.6758 NOK (+0.1502)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/NOK. As long as you are above the support located at 6.4488 NOK, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 6.5558 NOK would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 6.6758 NOK as an objective. Crossing it would then enable buyers to target 6.8162 NOK. If the support 6.4488 NOK were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.6
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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/NOK rating is 6.5256 NOK. The price has increased by +0.35% since the last closing and was between 6.4690 NOK and 6.5478 NOK. This implies that the price is at +0.87% from its lowest and at -0.34% from its highest.6.4690
6.5478
6.5256
Here is a more detailed summary of the historical variations registered by AUD/NOK:
Technical
Technical analysis of this Daily chart of AUD/NOK indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
Support of triangle is broken
Type : Bearish
Timeframe : Daily
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 | 6.1871 | 6.3414 | 6.4488 | 6.5256 | 6.5558 | 6.6758 | 6.8162 |
| Change (%) | -5.19% | -2.82% | -1.18% | - | +0.46% | +2.30% | +4.45% |
| Change | -0.3385 | -0.1842 | -0.0768 | - | +0.0302 | +0.1502 | +0.2906 |
| Level | Minor | Major | Major | - | Major | Minor | 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 | 6.3197 | 6.3783 | 6.4407 | 6.4993 | 6.5617 | 6.6203 | 6.6827 |
| Camarilla | 6.4697 | 6.4808 | 6.4919 | 6.5030 | 6.5141 | 6.5252 | 6.5363 |
| Woodie | 6.3215 | 6.3793 | 6.4425 | 6.5003 | 6.5635 | 6.6213 | 6.6845 |
| Fibonacci | 6.3783 | 6.4246 | 6.4531 | 6.4993 | 6.5456 | 6.5741 | 6.6203 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.2670 | 6.3649 | 6.4239 | 6.5218 | 6.5808 | 6.6787 | 6.7377 |
| Camarilla | 6.4397 | 6.4540 | 6.4684 | 6.4828 | 6.4972 | 6.5116 | 6.5260 |
| Woodie | 6.2475 | 6.3552 | 6.4044 | 6.5121 | 6.5613 | 6.6690 | 6.7182 |
| Fibonacci | 6.3649 | 6.4249 | 6.4619 | 6.5218 | 6.5818 | 6.6188 | 6.6787 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.1068 | 6.2695 | 6.3765 | 6.5392 | 6.6462 | 6.8089 | 6.9159 |
| Camarilla | 6.4092 | 6.4340 | 6.4587 | 6.4834 | 6.5081 | 6.5329 | 6.5576 |
| Woodie | 6.0789 | 6.2556 | 6.3486 | 6.5253 | 6.6183 | 6.7950 | 6.8880 |
| Fibonacci | 6.2695 | 6.3726 | 6.4362 | 6.5392 | 6.6423 | 6.7059 | 6.8089 |
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): | 50.57 | |
| MACD (12,26,9): | -0.0207 | |
| Directional Movement: | -1.4923 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 6.5039 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.6090 | |
| Elder Ray (13): | -0.0082 | |
| Super Trend (3,10): | 6.3882 | |
| Zig ZAG (10): | 6.5392 | |
| VORTEX (21): | 0.9601 | |
| Stochastique (14,3,5): | 32.18 | |
| TEMA (21): | 6.4756 | |
| Williams %R (14): | -47.25 | |
| Chande Momentum Oscillator (20): | -0.0382 | |
| Repulse (5,40,3): | 0.6217 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0499 | |
| Courbe Coppock: | 1.26 |
| MA7: | 6.4988 | |
| MA20: | 6.5247 | |
| MA50: | 6.5720 | |
| MA100: | 6.4190 | |
| MAexp7: | 6.5048 | |
| MAexp20: | 6.5288 | |
| MAexp50: | 6.5225 | |
| MAexp100: | 6.4479 | |
| Price / MA7: | +0.41% | |
| Price / MA20: | +0.01% | |
| Price / MA50: | -0.71% | |
| Price / MA100: | +1.66% | |
| Price / MAexp7: | +0.32% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +1.21% |
Quotes :
2020-06-11 13:39:58
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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