AUD/SEK - 1H - Technical analysis published on 01/11/2021 (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:
Neutral
De fond:
Bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 6.3693 SEK
My targets
6.4026 SEK (+0.0234)
6.4275 SEK (+0.0483)
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 6.3693 SEK remains possible. It is advisable to trade AUD/SEK with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 6.3693 SEK. The next bullish objective for buyers is set at 6.4026 SEK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.4275 SEK. If there is any crossing, the next objective would be the resistance located at 6.4853 SEK. PS: if there is a bearish break in the support located at 6.3693 SEK 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.6
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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 price is 6.3792 SEK. The price is lower by -0.28% since the last closing with the lowest point at 6.3654 SEK and the highest point at 6.4000 SEK. The deviation from the price is +0.22% for the low point and -0.33% for the high point.6.3654
6.4000
6.3792
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of AUD/SEK in 1H shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
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.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 6.3007 | 6.3480 | 6.3693 | 6.3792 | 6.3825 | 6.4026 | 6.4275 |
| Change (%) | -1.23% | -0.49% | -0.16% | - | +0.05% | +0.37% | +0.76% |
| Change | -0.0785 | -0.0312 | -0.0099 | - | +0.0033 | +0.0234 | +0.0483 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 6.3196 | 6.3365 | 6.3668 | 6.3837 | 6.4140 | 6.4309 | 6.4612 |
| Camarilla | 6.3840 | 6.3884 | 6.3927 | 6.3970 | 6.4013 | 6.4057 | 6.4100 |
| Woodie | 6.3262 | 6.3399 | 6.3734 | 6.3871 | 6.4206 | 6.4343 | 6.4678 |
| Fibonacci | 6.3365 | 6.3546 | 6.3657 | 6.3837 | 6.4018 | 6.4129 | 6.4309 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.2309 | 6.2656 | 6.3313 | 6.3660 | 6.4317 | 6.4664 | 6.5321 |
| Camarilla | 6.3694 | 6.3786 | 6.3878 | 6.3970 | 6.4062 | 6.4154 | 6.4246 |
| Woodie | 6.2464 | 6.2734 | 6.3468 | 6.3738 | 6.4472 | 6.4742 | 6.5476 |
| Fibonacci | 6.2656 | 6.3040 | 6.3277 | 6.3660 | 6.4044 | 6.4281 | 6.4664 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.0626 | 6.1392 | 6.2406 | 6.3172 | 6.4186 | 6.4952 | 6.5966 |
| Camarilla | 6.2931 | 6.3094 | 6.3257 | 6.3420 | 6.3583 | 6.3746 | 6.3910 |
| Woodie | 6.0750 | 6.1454 | 6.2530 | 6.3234 | 6.4310 | 6.5014 | 6.6090 |
| Fibonacci | 6.1392 | 6.2072 | 6.2492 | 6.3172 | 6.3852 | 6.4272 | 6.4952 |
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): | 48.90 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | 3.2032 | |
| AROON (14): | -85.7142 | |
| DEMA (21): | 6.3762 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.3880 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 6.3593 | |
| Zig ZAG (10): | 6.3763 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 24.09 | |
| TEMA (21): | 6.3728 | |
| Williams %R (14): | -61.47 | |
| Chande Momentum Oscillator (20): | -0.0100 | |
| Repulse (5,40,3): | 0.0132 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0017 | |
| Courbe Coppock: | 0.36 |
| MA7: | 6.3624 | |
| MA20: | 6.3205 | |
| MA50: | 6.2999 | |
| MA100: | 6.3213 | |
| MAexp7: | 6.3747 | |
| MAexp20: | 6.3761 | |
| MAexp50: | 6.3728 | |
| MAexp100: | 6.3616 | |
| Price / MA7: | +0.26% | |
| Price / MA20: | +0.93% | |
| Price / MA50: | +1.26% | |
| Price / MA100: | +0.92% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.10% | |
| Price / MAexp100: | +0.28% |
Quotes :
2021-01-11 09:37:07
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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.
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