AUD/NOK - Daily - Technical analysis published on 07/01/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 6.5558 NOK
My targets
6.6758 NOK (+0.0684)
6.8162 NOK (+0.2088)
My analysis
The bullish trend is currently very strong on AUD/NOK. As long as the price remains above the support at 6.5558 NOK, you could try to benefit from the boom. The first bullish objective is located at 6.6758 NOK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.8162 NOK as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.4
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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/NOK rating 6.6074 NOK. The price is lower by -0.50% since the last closing with the lowest point at 6.5852 NOK and the highest point at 6.6543 NOK. The deviation from the price is +0.34% for the low point and -0.70% for the high point.6.5852
6.6543
6.6074
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/NOK:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AUD/NOK chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 6.3414 | 6.4426 | 6.5558 | 6.6074 | 6.6758 | 6.8162 |
| Change (%) | -4.03% | -2.49% | -0.78% | - | +1.04% | +3.16% |
| Change | -0.2660 | -0.1648 | -0.0516 | - | +0.0684 | +0.2088 |
| Level | Major | Minor | Major | - | Major | 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 | 6.5658 | 6.5989 | 6.6196 | 6.6527 | 6.6734 | 6.7065 | 6.7272 |
| Camarilla | 6.6256 | 6.6305 | 6.6355 | 6.6404 | 6.6453 | 6.6503 | 6.6552 |
| Woodie | 6.5597 | 6.5958 | 6.6135 | 6.6496 | 6.6673 | 6.7034 | 6.7211 |
| Fibonacci | 6.5989 | 6.6194 | 6.6321 | 6.6527 | 6.6732 | 6.6859 | 6.7065 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.4489 | 6.5002 | 6.5813 | 6.6326 | 6.7137 | 6.7650 | 6.8461 |
| Camarilla | 6.6259 | 6.6380 | 6.6502 | 6.6623 | 6.6744 | 6.6866 | 6.6987 |
| Woodie | 6.4637 | 6.5077 | 6.5961 | 6.6401 | 6.7285 | 6.7725 | 6.8609 |
| Fibonacci | 6.5002 | 6.5508 | 6.5821 | 6.6326 | 6.6832 | 6.7145 | 6.7650 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.2410 | 6.3390 | 6.4897 | 6.5877 | 6.7384 | 6.8364 | 6.9871 |
| Camarilla | 6.5720 | 6.5948 | 6.6176 | 6.6404 | 6.6632 | 6.6860 | 6.7088 |
| Woodie | 6.2674 | 6.3522 | 6.5161 | 6.6009 | 6.7648 | 6.8496 | 7.0135 |
| Fibonacci | 6.3390 | 6.4340 | 6.4927 | 6.5877 | 6.6827 | 6.7414 | 6.8364 |
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): | 52.86 | |
| MACD (12,26,9): | 0.0232 | |
| Directional Movement: | 1.9457 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 6.6262 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.5851 | |
| Elder Ray (13): | 0.0074 | |
| Super Trend (3,10): | 6.4447 | |
| Zig ZAG (10): | 6.6066 | |
| VORTEX (21): | 1.0439 | |
| Stochastique (14,3,5): | 73.28 | |
| TEMA (21): | 6.6418 | |
| Williams %R (14): | -42.97 | |
| Chande Momentum Oscillator (20): | -0.0118 | |
| Repulse (5,40,3): | -0.6530 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0336 | |
| Courbe Coppock: | 3.01 |
| MA7: | 6.6365 | |
| MA20: | 6.5799 | |
| MA50: | 6.5958 | |
| MA100: | 6.4785 | |
| MAexp7: | 6.6270 | |
| MAexp20: | 6.5999 | |
| MAexp50: | 6.5643 | |
| MAexp100: | 6.4900 | |
| Price / MA7: | -0.44% | |
| Price / MA20: | +0.42% | |
| Price / MA50: | +0.18% | |
| Price / MA100: | +1.99% | |
| Price / MAexp7: | -0.30% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | +0.66% | |
| Price / MAexp100: | +1.81% |
Quotes :
2020-07-01 14:54:27
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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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