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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 02/16/2023 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
61%
6%
33%
My opinion
Bullish above 7.0420 NOK
My targets
7.0892 NOK (+0.0367)
7.1665 NOK (+0.1140)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for AUD/NOK as long as the price remains well above 7.0420 NOK. The buyers' bullish objective is set at 7.0892 NOK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.1665 NOK. If there is any crossing, the next objective would be the resistance located at 7.1860 NOK.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2.9

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

AUD/NOK rating 7.0525 NOK. The price has increased by +0.00% since the last closing and was traded between 7.0161 NOK and 7.0564 NOK over the period. The price is currently at +0.52% from its lowest and -0.06% from its highest.

7.0161
7.0564
7.0525

Here is a more detailed summary of the historical variations registered by AUD/NOK:
The Central Records scanner for higher/lower results shows the following items:

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 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 neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

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 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.9256 7.0127 7.0420 7.0525 7.0892 7.1665 7.1860
Change (%) -1.80% -0.56% -0.15% - +0.52% +1.62% +1.89%
Change -0.1269 -0.0398 -0.0105 - +0.0367 +0.1140 +0.1335
Level Intermediate Major Intermediate - Intermediate Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.93376.97217.01247.05087.09117.12957.1698
Camarilla7.03117.03837.04557.05277.05997.06717.0743
Woodie6.93476.97267.01347.05137.09217.13007.1708
Fibonacci6.97217.00227.02077.05087.08097.09947.1295


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.73366.86636.94337.07607.15307.28577.3627
Camarilla6.96266.98197.00117.02037.03957.05887.0780
Woodie6.70586.85246.91557.06217.12527.27187.3349
Fibonacci6.86636.94646.99597.07607.15617.20567.2857


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.35806.50716.77386.92297.18967.33877.6054
Camarilla6.92626.96437.00247.04057.07867.11677.1549
Woodie6.41686.53656.83266.95237.24847.36817.6642
Fibonacci6.50716.66596.76416.92297.08177.17997.3387

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): 51.67
MACD (12,26,9): -0.0022
Directional Movement: -4.5080
AROON (14): -35.7143
DEMA (21): 7.0397
Parabolic SAR (0,02-0,02-0,2): 7.0519
Elder Ray (13): 0.0015
Super Trend (3,10): 7.0615
Zig ZAG (10): 7.0487
VORTEX (21): 1.0307
Stochastique (14,3,5): 74.22
TEMA (21): 7.0391
Williams %R (14): -14.36
Chande Momentum Oscillator (20): -0.0008
Repulse (5,40,3): 0.2388
ROCnROLL: 1
TRIX (15,9): -0.0071
Courbe Coppock: 0.08
MA7: 7.0642
MA20: 7.0443
MA50: 6.8705
MA100: 6.7883
MAexp7: 7.0425
MAexp20: 7.0425
MAexp50: 7.0461
MAexp100: 7.0533
Price / MA7: -0.17%
Price / MA20: +0.12%
Price / MA50: +2.65%
Price / MA100: +3.89%
Price / MAexp7: +0.14%
Price / MAexp20: +0.14%
Price / MAexp50: +0.09%
Price / MAexp100: -0.01%

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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