AUD/NOK - 1H - Technical analysis published on 12/13/2022 (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
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 6.7570 NOK
My targets
6.7300 NOK (-0.0155)
6.6689 NOK (-0.0766)
My analysis
In the short term, we can see an acceleration in the bearish trend on AUD/NOK, which is a positive signal for sellers. As long as the price remains above 6.7570 NOK, a sale could be considered. The first bearish objective is located at 6.7300 NOK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 6.6689 NOK as an objective. Crossing it would then enable sellers to target 6.6286 NOK. If the price were to return above 6.7570 NOK, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/NOK price is 6.7455 NOK. On the day, this instrument gained +0.07% with the lowest point at 6.7407 NOK and the highest point at 6.7464 NOK. The deviation from the price is +0.07% for the low point and -0.01% for the high point.6.7407
6.7464
6.7455
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/NOK chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
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 recently detected a signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.6286 | 6.6689 | 6.7431 | 6.7455 | 6.7570 | 6.8162 | 6.8852 |
| Change (%) | -1.73% | -1.14% | -0.04% | - | +0.17% | +1.05% | +2.07% |
| Change | -0.1169 | -0.0766 | -0.0024 | - | +0.0115 | +0.0707 | +0.1397 |
| Level | Minor | Minor | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.6324 | 6.6778 | 6.7092 | 6.7546 | 6.7860 | 6.8314 | 6.8628 |
| Camarilla | 6.7194 | 6.7264 | 6.7335 | 6.7405 | 6.7475 | 6.7546 | 6.7616 |
| Woodie | 6.6253 | 6.6743 | 6.7021 | 6.7511 | 6.7789 | 6.8279 | 6.8557 |
| Fibonacci | 6.6778 | 6.7072 | 6.7253 | 6.7546 | 6.7840 | 6.8021 | 6.8314 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.4624 | 6.5322 | 6.6602 | 6.7300 | 6.8580 | 6.9278 | 7.0558 |
| Camarilla | 6.7337 | 6.7518 | 6.7700 | 6.7881 | 6.8062 | 6.8244 | 6.8425 |
| Woodie | 6.4914 | 6.5468 | 6.6892 | 6.7446 | 6.8870 | 6.9424 | 7.0848 |
| Fibonacci | 6.5322 | 6.6078 | 6.6545 | 6.7300 | 6.8056 | 6.8523 | 6.9278 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.3307 | 6.4539 | 6.5682 | 6.6914 | 6.8057 | 6.9289 | 7.0432 |
| Camarilla | 6.6173 | 6.6391 | 6.6608 | 6.6826 | 6.7044 | 6.7261 | 6.7479 |
| Woodie | 6.3264 | 6.4517 | 6.5639 | 6.6892 | 6.8014 | 6.9267 | 7.0389 |
| Fibonacci | 6.4539 | 6.5446 | 6.6006 | 6.6914 | 6.7821 | 6.8381 | 6.9289 |
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): | 39.77 | |
| MACD (12,26,9): | -0.0083 | |
| Directional Movement: | -8.6910 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 6.7451 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.7539 | |
| Elder Ray (13): | -0.0035 | |
| Super Trend (3,10): | 6.7809 | |
| Zig ZAG (10): | 6.7421 | |
| VORTEX (21): | 0.8915 | |
| Stochastique (14,3,5): | 28.56 | |
| TEMA (21): | 6.7359 | |
| Williams %R (14): | -73.31 | |
| Chande Momentum Oscillator (20): | -0.0231 | |
| Repulse (5,40,3): | -0.0236 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0143 | |
| Courbe Coppock: | 1.19 |
| MA7: | 6.7202 | |
| MA20: | 6.7172 | |
| MA50: | 6.6989 | |
| MA100: | 6.7540 | |
| MAexp7: | 6.7446 | |
| MAexp20: | 6.7546 | |
| MAexp50: | 6.7570 | |
| MAexp100: | 6.7433 | |
| Price / MA7: | +0.38% | |
| Price / MA20: | +0.42% | |
| Price / MA50: | +0.70% | |
| Price / MA100: | -0.13% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | -0.17% | |
| Price / MAexp100: | +0.03% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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