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 04/24/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 7.0941 NOK
My targets
7.0696 NOK (-0.0165)
7.0127 NOK (-0.0734)
My analysis
The basic trend is currently slightly bearish on AUD/NOK and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 7.0941 NOK, sales could be favoured. The first bearish objective would be located at 7.0696 NOK. Sellers would then use the next support located at 7.0127 NOK as an objective. Crossing it would then enable sellers to target 6.9676 NOK. A return to above the resistance at 7.0941 NOK could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
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.

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 7.0861 NOK. The price has increased by +0.00% since the last closing and was traded between 7.0729 NOK and 7.1020 NOK over the period. The price is currently at +0.19% from its lowest and -0.22% from its highest.

7.0729
7.1020
7.0861

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AUD/NOK indicates that the overall trend is slightly bearish. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

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 support of channel

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Dark cloud cover

Type : Bearish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour


Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.9676 7.0127 7.0696 7.0861 7.0941 7.1194 7.1423
Change (%) -1.67% -1.04% -0.23% - +0.11% +0.47% +0.79%
Change -0.1185 -0.0734 -0.0165 - +0.0080 +0.0333 +0.0562
Level Minor Major Intermediate - Minor Intermediate Minor



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
Standard6.98687.02887.05757.09957.12827.17027.1989
Camarilla7.06677.07317.07967.08617.09267.09917.1055
Woodie6.98017.02557.05087.09627.12157.16697.1922
Fibonacci7.02887.05587.07257.09957.12657.14327.1702


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.74086.84006.96317.06237.18547.28467.4077
Camarilla7.02507.04547.06577.08617.10657.12697.1472
Woodie6.75276.84606.97507.06837.19737.29067.4196
Fibonacci6.84006.92506.97747.06237.14737.19977.2846


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.56046.73456.86857.04267.17667.35077.4847
Camarilla6.91786.94606.97437.00257.03077.05907.0872
Woodie6.54046.72456.84857.03267.15667.34077.4647
Fibonacci6.73456.85226.92497.04267.16037.23307.3507

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): 42.35
MACD (12,26,9): -0.0070
Directional Movement: 1.4015
AROON (14): 85.7143
DEMA (21): 7.0804
Parabolic SAR (0,02-0,02-0,2): 7.0729
Elder Ray (13): 0.0037
Super Trend (3,10): 7.1122
Zig ZAG (10): 7.0851
VORTEX (21): 0.8970
Stochastique (14,3,5): 61.71
TEMA (21): 7.0785
Williams %R (14): -57.23
Chande Momentum Oscillator (20): -0.0023
Repulse (5,40,3): -0.0310
ROCnROLL: 2
TRIX (15,9): -0.0197
Courbe Coppock: 0.12
MA7: 7.0647
MA20: 7.0147
MA50: 7.0300
MA100: 6.9404
MAexp7: 7.0858
MAexp20: 7.0906
MAexp50: 7.0977
MAexp100: 7.0853
Price / MA7: +0.30%
Price / MA20: +1.02%
Price / MA50: +0.80%
Price / MA100: +2.10%
Price / MAexp7: +0.00%
Price / MAexp20: -0.06%
Price / MAexp50: -0.16%
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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