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AUD/NOK
AUD NOK
- NOK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDNOK
ISIN:

AUD/NOK - 1H - Technical analysis published on 01/13/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
39%
11%
50%
My opinion
Bearish under 6.9237 NOK
My targets
6.8746 NOK (-0.0150)
6.8162 NOK (-0.0734)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for AUD/NOK as long as the price remains well below 6.9237 NOK. The sellers' bearish objective is set at 6.8746 NOK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.8162 NOK. If there is any crossing, the next objective would be the support located at 6.7293 NOK.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.2

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/NOK price is 6.8896 NOK. On the day, this instrument gained +0.00% and was between 6.8851 NOK and 6.9014 NOK. This implies that the price is at +0.07% from its lowest and at -0.17% from its highest.

6.8851
6.9014
6.8896

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of AUD/NOK in 1H shows a neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.7293 6.8162 6.8746 6.8896 6.9237 6.9480 7.0127
Change (%) -2.33% -1.07% -0.22% - +0.49% +0.85% +1.79%
Change -0.1603 -0.0734 -0.0150 - +0.0341 +0.0584 +0.1231
Level Minor Major Major - 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
Standard6.82436.84986.86976.89526.91516.94066.9605
Camarilla6.87726.88146.88556.88976.89396.89806.9022
Woodie6.82166.84846.86706.89386.91246.93926.9578
Fibonacci6.84986.86716.87786.89526.91256.92326.9406


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.39736.52686.70396.83347.01057.14007.3171
Camarilla6.79686.82496.85306.88116.90926.93736.9654
Woodie6.42126.53876.72786.84537.03447.15197.3410
Fibonacci6.52686.64396.71636.83346.95057.02297.1400


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.32076.44076.56006.68006.79936.91937.0386
Camarilla6.61346.63536.65736.67926.70116.72316.7450
Woodie6.32036.44056.55966.67986.79896.91917.0382
Fibonacci6.44076.53226.58866.68006.77156.82796.9193

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): 49.69
MACD (12,26,9): -0.0006
Directional Movement: 4.1364
AROON (14): 0
DEMA (21): 6.8967
Parabolic SAR (0,02-0,02-0,2): 6.8838
Elder Ray (13): -0.0024
Super Trend (3,10): 6.8734
Zig ZAG (10): 6.8963
VORTEX (21): 0.9486
Stochastique (14,3,5): 49.46
TEMA (21): 6.8942
Williams %R (14): -48.39
Chande Momentum Oscillator (20): 0.0111
Repulse (5,40,3): 0.1450
ROCnROLL: 1
TRIX (15,9): -0.0011
Courbe Coppock: 0.00
MA7: 6.8896
MA20: 6.7489
MA50: 6.7181
MA100: 6.7456
MAexp7: 6.8957
MAexp20: 6.8969
MAexp50: 6.8943
MAexp100: 6.8843
Price / MA7: -0%
Price / MA20: +2.08%
Price / MA50: +2.55%
Price / MA100: +2.13%
Price / MAexp7: -0.09%
Price / MAexp20: -0.11%
Price / MAexp50: -0.07%
Price / MAexp100: +0.08%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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