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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 05/15/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 7.1389 NOK
My targets
7.1681 NOK (+0.0163)
7.1860 NOK (+0.0342)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on AUD/NOK. This is a positive signal for buyers. As long as the price remains above 7.1389 NOK, a purchase could be considered. The first bullish objective is located at 7.1681 NOK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.1860 NOK as an objective. Crossing it would then enable buyers to target 7.2111 NOK. In the event of a return below 7.1389 NOK, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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
6.4

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 7.1518 NOK. On the day, this instrument gained +0.82% and was traded between 7.0796 NOK and 7.1538 NOK over the period. The price is currently at +1.02% from its lowest and -0.03% from its highest.

7.0796
7.1538
7.1518

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/NOK:
The study of the highest / lowest by the Central Records scanner shows the following results:

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 bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


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 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.0902 7.1158 7.1389 7.1518 7.1681 7.1860 7.2111
Change (%) -0.86% -0.50% -0.18% - +0.23% +0.48% +0.83%
Change -0.0616 -0.0360 -0.0129 - +0.0163 +0.0342 +0.0593
Level Minor Intermediate Intermediate - Intermediate Major 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
Standard6.98247.03637.06507.11897.14767.20157.2302
Camarilla7.07097.07857.08607.09367.10127.10877.1163
Woodie6.96977.03007.05237.11267.13497.19527.2175
Fibonacci7.03637.06797.08747.11897.15057.17007.2015


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.96497.02237.05807.11547.15117.20857.2442
Camarilla7.06807.07657.08517.09367.10217.11077.1192
Woodie6.95407.01697.04717.11007.14027.20317.2333
Fibonacci7.02237.05797.07997.11547.15107.17307.2085


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.67736.79786.92077.04127.16417.28467.4075
Camarilla6.97686.99917.02147.04377.06607.08837.1106
Woodie6.67866.79846.92207.04187.16547.28527.4088
Fibonacci6.79786.89086.94827.04127.13427.19167.2846

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): 63.61
MACD (12,26,9): -0.0003
Directional Movement: 19.9465
AROON (14): 78.5714
DEMA (21): 7.1136
Parabolic SAR (0,02-0,02-0,2): 7.0960
Elder Ray (13): 0.0212
Super Trend (3,10): 7.0943
Zig ZAG (10): 7.1467
VORTEX (21): 0.9787
Stochastique (14,3,5): 88.61
TEMA (21): 7.1181
Williams %R (14): -7.95
Chande Momentum Oscillator (20): 0.0545
Repulse (5,40,3): 0.5440
ROCnROLL: 1
TRIX (15,9): -0.0131
Courbe Coppock: 0.49
MA7: 7.1317
MA20: 7.1080
MA50: 7.0538
MA100: 7.0071
MAexp7: 7.1230
MAexp20: 7.1156
MAexp50: 7.1208
MAexp100: 7.1257
Price / MA7: +0.28%
Price / MA20: +0.62%
Price / MA50: +1.39%
Price / MA100: +2.07%
Price / MAexp7: +0.40%
Price / MAexp20: +0.51%
Price / MAexp50: +0.44%
Price / MAexp100: +0.37%

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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Londinia AI

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