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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 06/17/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 7.0522 NOK
My targets
7.0807 NOK (+0.0210)
7.0906 NOK (+0.0309)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 7.0522 NOK remains possible. It is advisable to trade AUD/NOK with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 7.0522 NOK. The next bullish objective for buyers is set at 7.0807 NOK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.0906 NOK. If there is any crossing, the next objective would be the resistance located at 7.1144 NOK. PS: if there is a bearish break in the support located at 7.0522 NOK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.4

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.

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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 7.0597 NOK. On the day, this instrument lost -0.01% with the lowest point at 7.0514 NOK and the highest point at 7.0792 NOK. The deviation from the price is +0.12% for the low point and -0.28% for the high point.

7.0514
7.0792
7.0597

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/NOK:
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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AUD/NOK in 1H shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

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 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

RSI indicator is back over 50

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 support of channel

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 7.0321 7.0403 7.0522 7.0597 7.0623 7.0807 7.0906
Change (%) -0.39% -0.27% -0.11% - +0.04% +0.30% +0.44%
Change -0.0276 -0.0194 -0.0075 - +0.0026 +0.0210 +0.0309
Level Minor Minor Intermediate - Minor Major Intermediate



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
Standard7.01357.02877.04467.05987.07577.09097.1068
Camarilla7.05217.05497.05787.06067.06357.06637.0692
Woodie7.01407.02897.04517.06007.07627.09117.1073
Fibonacci7.02877.04067.04797.05987.07177.07907.0909


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.94986.98397.02237.05647.09487.12897.1673
Camarilla7.04077.04737.05407.06067.06737.07397.0805
Woodie6.95196.98507.02447.05757.09697.13007.1694
Fibonacci6.98397.01167.02877.05647.08417.10127.1289


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.60596.78666.88447.06517.16297.34367.4414
Camarilla6.90556.93106.95666.98217.00767.03327.0587
Woodie6.56446.76596.84297.04447.12147.32297.3999
Fibonacci6.78666.89306.95887.06517.17157.23737.3436

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 51.30
MACD (12,26,9): -0.0007
Directional Movement: 3.2101
AROON (14): -50.0000
DEMA (21): 7.0597
Parabolic SAR (0,02-0,02-0,2): 7.0497
Elder Ray (13): -0.0023
Super Trend (3,10): 7.0380
Zig ZAG (10): 7.0613
VORTEX (21): 0.9653
Stochastique (14,3,5): 23.38
TEMA (21): 7.0574
Williams %R (14): -72.66
Chande Momentum Oscillator (20): -0.0038
Repulse (5,40,3): 0.0346
ROCnROLL: 1
TRIX (15,9): -0.0003
Courbe Coppock: 0.13
MA7: 7.0557
MA20: 7.0342
MA50: 7.0946
MA100: 7.0165
MAexp7: 7.0584
MAexp20: 7.0603
MAexp50: 7.0596
MAexp100: 7.0559
Price / MA7: +0.06%
Price / MA20: +0.36%
Price / MA50: -0.49%
Price / MA100: +0.62%
Price / MAexp7: +0.02%
Price / MAexp20: -0.01%
Price / MAexp50: +0.00%
Price / MAexp100: +0.05%

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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