AUD/NOK - 1H - Technical analysis published on 09/30/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 6.6886 NOK
My targets
6.7611 NOK (+0.0263)
6.8162 NOK (+0.0814)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on AUD/NOK as long as the price remains well above 6.6886 NOK. The buyers” bullish objective is set at 6.7611 NOK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.8162 NOK. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.8
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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 price is 6.7348 NOK. On the day, this instrument gained +0.19% and was between 6.7046 NOK and 6.7360 NOK. This implies that the price is at +0.45% from its lowest and at -0.02% from its highest.6.7046
6.7360
6.7348
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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
Technical analysis of AUD/NOK in 1H shows an overall bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.6460 | 6.6623 | 6.6886 | 6.7348 | 6.7367 | 6.7611 | 6.8162 |
| Change (%) | -1.32% | -1.08% | -0.69% | - | +0.03% | +0.39% | +1.21% |
| Change | -0.0888 | -0.0725 | -0.0462 | - | +0.0019 | +0.0263 | +0.0814 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.6477 | 6.6749 | 6.6983 | 6.7255 | 6.7489 | 6.7761 | 6.7995 |
| Camarilla | 6.7079 | 6.7125 | 6.7172 | 6.7218 | 6.7264 | 6.7311 | 6.7357 |
| Woodie | 6.6459 | 6.6740 | 6.6965 | 6.7246 | 6.7471 | 6.7752 | 6.7977 |
| Fibonacci | 6.6749 | 6.6942 | 6.7061 | 6.7255 | 6.7448 | 6.7567 | 6.7761 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.5116 | 6.5667 | 6.6510 | 6.7061 | 6.7904 | 6.8455 | 6.9298 |
| Camarilla | 6.6971 | 6.7098 | 6.7226 | 6.7354 | 6.7482 | 6.7610 | 6.7737 |
| Woodie | 6.5263 | 6.5740 | 6.6657 | 6.7134 | 6.8051 | 6.8528 | 6.9445 |
| Fibonacci | 6.5667 | 6.6199 | 6.6528 | 6.7061 | 6.7593 | 6.7922 | 6.8455 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.1508 | 6.2466 | 6.3428 | 6.4386 | 6.5348 | 6.6306 | 6.7268 |
| Camarilla | 6.3863 | 6.4039 | 6.4215 | 6.4391 | 6.4567 | 6.4743 | 6.4919 |
| Woodie | 6.1511 | 6.2467 | 6.3431 | 6.4387 | 6.5351 | 6.6307 | 6.7271 |
| Fibonacci | 6.2466 | 6.3199 | 6.3652 | 6.4386 | 6.5119 | 6.5572 | 6.6306 |
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): | 52.13 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 7.2453 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 6.7182 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.7046 | |
| Elder Ray (13): | 0.0077 | |
| Super Trend (3,10): | 6.7056 | |
| Zig ZAG (10): | 6.7213 | |
| VORTEX (21): | 0.9386 | |
| Stochastique (14,3,5): | 45.30 | |
| TEMA (21): | 6.7187 | |
| Williams %R (14): | -35.31 | |
| Chande Momentum Oscillator (20): | 0.0077 | |
| Repulse (5,40,3): | 0.1369 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0003 | |
| Courbe Coppock: | 0.18 |
| MA7: | 6.7168 | |
| MA20: | 6.6274 | |
| MA50: | 6.5258 | |
| MA100: | 6.5405 | |
| MAexp7: | 6.7190 | |
| MAexp20: | 6.7182 | |
| MAexp50: | 6.7187 | |
| MAexp100: | 6.7142 | |
| Price / MA7: | +0.27% | |
| Price / MA20: | +1.62% | |
| Price / MA50: | +3.20% | |
| Price / MA100: | +2.97% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +0.31% |
Quotes :
2020-09-30 06:47:55
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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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