AUD/SEK - 1H - Technical analysis published on 09/11/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 6.3608 SEK
My targets
6.3891 SEK (+0.0143)
6.4098 SEK (+0.0350)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on AUD/SEK. This is a positive signal for buyers. As long as the price remains above 6.3608 SEK, a purchase could be considered. The first bullish objective is located at 6.3891 SEK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.4098 SEK as an objective. Crossing it would then enable buyers to target 6.4548 SEK. In the event of a return below 6.3608 SEK, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/SEK rating is 6.3748 SEK. The price registered an increase of +0.17% on the session and was traded between 6.3597 SEK and 6.3774 SEK over the period. The price is currently at +0.24% from its lowest and -0.04% from its highest.6.3597
6.3774
6.3748
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/SEK in 1H shows an overall bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 6.3486 | 6.3552 | 6.3608 | 6.3748 | 6.3796 | 6.3891 | 6.4098 |
Change (%) | -0.41% | -0.31% | -0.22% | - | +0.08% | +0.22% | +0.55% |
Change | -0.0262 | -0.0196 | -0.0140 | - | +0.0048 | +0.0143 | +0.0350 |
Level | Minor | Intermediate | Major | - | Minor | Minor | 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 |
---|---|---|---|---|---|---|---|
Standard | 6.3175 | 6.3331 | 6.3486 | 6.3642 | 6.3797 | 6.3953 | 6.4108 |
Camarilla | 6.3557 | 6.3585 | 6.3614 | 6.3642 | 6.3671 | 6.3699 | 6.3728 |
Woodie | 6.3176 | 6.3331 | 6.3487 | 6.3642 | 6.3798 | 6.3953 | 6.4109 |
Fibonacci | 6.3331 | 6.3450 | 6.3523 | 6.3642 | 6.3761 | 6.3834 | 6.3953 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 6.2594 | 6.2988 | 6.3309 | 6.3703 | 6.4024 | 6.4418 | 6.4739 |
Camarilla | 6.3434 | 6.3500 | 6.3566 | 6.3631 | 6.3697 | 6.3762 | 6.3828 |
Woodie | 6.2559 | 6.2970 | 6.3274 | 6.3685 | 6.3989 | 6.4400 | 6.4704 |
Fibonacci | 6.2988 | 6.3261 | 6.3430 | 6.3703 | 6.3976 | 6.4145 | 6.4418 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 6.0676 | 6.1346 | 6.2579 | 6.3249 | 6.4482 | 6.5152 | 6.6385 |
Camarilla | 6.3290 | 6.3464 | 6.3639 | 6.3813 | 6.3987 | 6.4162 | 6.4336 |
Woodie | 6.0959 | 6.1487 | 6.2862 | 6.3390 | 6.4765 | 6.5293 | 6.6668 |
Fibonacci | 6.1346 | 6.2073 | 6.2522 | 6.3249 | 6.3976 | 6.4425 | 6.5152 |
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): | 55.94 | |
MACD (12,26,9): | 0.0017 | |
Directional Movement: | 7.1493 | |
AROON (14): | 78.5714 | |
DEMA (21): | 6.3689 | |
Parabolic SAR (0,02-0,02-0,2): | 6.3627 | |
Elder Ray (13): | 0.0047 | |
Super Trend (3,10): | 6.3798 | |
Zig ZAG (10): | 6.3715 | |
VORTEX (21): | 1.0595 | |
Stochastique (14,3,5): | 71.31 | |
TEMA (21): | 6.3711 | |
Williams %R (14): | -37.58 | |
Chande Momentum Oscillator (20): | 0.0007 | |
Repulse (5,40,3): | 0.0100 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0019 | |
Courbe Coppock: | 0.15 |
MA7: | 6.3665 | |
MA20: | 6.3346 | |
MA50: | 6.3166 | |
MA100: | 6.3527 | |
MAexp7: | 6.3709 | |
MAexp20: | 6.3676 | |
MAexp50: | 6.3677 | |
MAexp100: | 6.3695 | |
Price / MA7: | +0.13% | |
Price / MA20: | +0.63% | |
Price / MA50: | +0.92% | |
Price / MA100: | +0.35% | |
Price / MAexp7: | +0.06% | |
Price / MAexp20: | +0.11% | |
Price / MAexp50: | +0.11% | |
Price / MAexp100: | +0.08% |
Quotes :
2020-09-11 06:40:28
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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