AUD/NOK - 1H - Technical analysis published on 09/01/2022 (GMT)
- 154
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 6.7793 NOK
My targets
6.8162 NOK (+0.0105)
6.8877 NOK (+0.0820)
My analysis
AUD/NOK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 6.7793 NOK. The next resistance located at 6.8162 NOK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 6.8877 NOK. After this resistance, buyers could then target 6.9237 NOK. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.1
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/NOK rating is 6.8057 NOK. On the day, this instrument gained +0.11% and was traded between 6.7959 NOK and 6.8060 NOK over the period. The price is currently at +0.14% from its lowest and +0.00% from its highest.6.7959
6.8060
6.8057
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 HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
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
A technical analysis in 1H of this AUD/NOK chart shows a strongly bullish trend. 92.86% 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 does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 6.7440 | 6.7645 | 6.7793 | 6.8057 | 6.8162 | 6.9237 | 7.0127 |
| Change (%) | -0.91% | -0.61% | -0.39% | - | +0.15% | +1.73% | +3.04% |
| Change | -0.0617 | -0.0412 | -0.0264 | - | +0.0105 | +0.1180 | +0.2070 |
| Level | Major | Intermediate | Intermediate | - | Major | Intermediate | 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 | 6.6128 | 6.6649 | 6.7316 | 6.7837 | 6.8504 | 6.9025 | 6.9692 |
| Camarilla | 6.7655 | 6.7764 | 6.7873 | 6.7982 | 6.8091 | 6.8200 | 6.8309 |
| Woodie | 6.6200 | 6.6686 | 6.7388 | 6.7874 | 6.8576 | 6.9062 | 6.9764 |
| Fibonacci | 6.6649 | 6.7103 | 6.7384 | 6.7837 | 6.8291 | 6.8572 | 6.9025 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.5637 | 6.6176 | 6.6717 | 6.7256 | 6.7797 | 6.8336 | 6.8877 |
| Camarilla | 6.6962 | 6.7061 | 6.7160 | 6.7259 | 6.7358 | 6.7457 | 6.7556 |
| Woodie | 6.5639 | 6.6177 | 6.6719 | 6.7257 | 6.7799 | 6.8337 | 6.8879 |
| Fibonacci | 6.6176 | 6.6588 | 6.6843 | 6.7256 | 6.7668 | 6.7923 | 6.8336 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.4605 | 6.5659 | 6.6821 | 6.7875 | 6.9037 | 7.0091 | 7.1253 |
| Camarilla | 6.7373 | 6.7576 | 6.7779 | 6.7982 | 6.8185 | 6.8388 | 6.8591 |
| Woodie | 6.4658 | 6.5686 | 6.6874 | 6.7902 | 6.9090 | 7.0118 | 7.1306 |
| Fibonacci | 6.5659 | 6.6506 | 6.7029 | 6.7875 | 6.8722 | 6.9245 | 7.0091 |
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): | 59.50 | |
| MACD (12,26,9): | 0.0143 | |
| Directional Movement: | 4.0943 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 6.8108 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.8274 | |
| Elder Ray (13): | 0.0028 | |
| Super Trend (3,10): | 6.7720 | |
| Zig ZAG (10): | 6.8018 | |
| VORTEX (21): | 1.1839 | |
| Stochastique (14,3,5): | 42.85 | |
| TEMA (21): | 6.8136 | |
| Williams %R (14): | -60.52 | |
| Chande Momentum Oscillator (20): | -0.0021 | |
| Repulse (5,40,3): | 0.1212 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0374 | |
| Courbe Coppock: | 0.61 |
| MA7: | 6.7334 | |
| MA20: | 6.7572 | |
| MA50: | 6.8052 | |
| MA100: | 6.7766 | |
| MAexp7: | 6.8014 | |
| MAexp20: | 6.7907 | |
| MAexp50: | 6.7674 | |
| MAexp100: | 6.7521 | |
| Price / MA7: | +1.07% | |
| Price / MA20: | +0.72% | |
| Price / MA50: | +0.01% | |
| Price / MA100: | +0.43% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.22% | |
| Price / MAexp50: | +0.57% | |
| Price / MAexp100: | +0.79% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis AUD/NOK - 1H