AUD/SEK - 1H - Technical analysis published on 01/29/2021 (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:
Bearish
De fond:
Strongly bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 6.4026 SEK
My targets
6.3805 SEK (-0.0119)
6.3691 SEK (-0.0233)
My analysis
The bearish basic trend is very strong on AUD/SEK but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 6.4026 SEK. Crossing the first support at 6.3805 SEK would be a sign of a further potential price plummet. Sellers would then use the next support located at 6.3691 SEK as an objective. Crossing it would then enable sellers to target 6.3534 SEK. Caution, a return to above the resistance located at 6.4026 SEK would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6
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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 rating is 6.3924 SEK. The price registered a decrease of -0.14% on the session and was traded between 6.3910 SEK and 6.4102 SEK over the period. The price is currently at +0.02% from its lowest and -0.28% from its highest.6.3910
6.4102
6.3924
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
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 this 1H chart of AUD/SEK indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
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:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.3534 | 6.3691 | 6.3805 | 6.3924 | 6.4026 | 6.4275 | 6.4400 |
| Change (%) | -0.61% | -0.36% | -0.19% | - | +0.16% | +0.55% | +0.74% |
| Change | -0.0390 | -0.0233 | -0.0119 | - | +0.0102 | +0.0351 | +0.0476 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | 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 | 6.3085 | 6.3309 | 6.3662 | 6.3886 | 6.4239 | 6.4463 | 6.4816 |
| Camarilla | 6.3855 | 6.3908 | 6.3961 | 6.4014 | 6.4067 | 6.4120 | 6.4173 |
| Woodie | 6.3149 | 6.3341 | 6.3726 | 6.3918 | 6.4303 | 6.4495 | 6.4880 |
| Fibonacci | 6.3309 | 6.3530 | 6.3666 | 6.3886 | 6.4107 | 6.4243 | 6.4463 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.2558 | 6.3181 | 6.3607 | 6.4230 | 6.4656 | 6.5279 | 6.5705 |
| Camarilla | 6.3746 | 6.3842 | 6.3938 | 6.4034 | 6.4130 | 6.4226 | 6.4323 |
| Woodie | 6.2461 | 6.3132 | 6.3510 | 6.4181 | 6.4559 | 6.5230 | 6.5608 |
| Fibonacci | 6.3181 | 6.3581 | 6.3829 | 6.4230 | 6.4630 | 6.4878 | 6.5279 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.0560 | 6.1359 | 6.2340 | 6.3139 | 6.4120 | 6.4919 | 6.5900 |
| Camarilla | 6.2832 | 6.2995 | 6.3158 | 6.3321 | 6.3484 | 6.3647 | 6.3811 |
| Woodie | 6.0651 | 6.1405 | 6.2431 | 6.3185 | 6.4211 | 6.4965 | 6.5991 |
| Fibonacci | 6.1359 | 6.2039 | 6.2459 | 6.3139 | 6.3819 | 6.4239 | 6.4919 |
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): | 47.56 | |
| MACD (12,26,9): | 0.0010 | |
| Directional Movement: | 0.5719 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 6.3989 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.4088 | |
| Elder Ray (13): | 0.0054 | |
| Super Trend (3,10): | 6.3744 | |
| Zig ZAG (10): | 6.4048 | |
| VORTEX (21): | 1.1763 | |
| Stochastique (14,3,5): | 68.56 | |
| TEMA (21): | 6.4046 | |
| Williams %R (14): | -40.93 | |
| Chande Momentum Oscillator (20): | -0.0034 | |
| Repulse (5,40,3): | 0.0236 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0019 | |
| Courbe Coppock: | 0.22 |
| MA7: | 6.4068 | |
| MA20: | 6.4106 | |
| MA50: | 6.3390 | |
| MA100: | 6.3324 | |
| MAexp7: | 6.3999 | |
| MAexp20: | 6.3982 | |
| MAexp50: | 6.4000 | |
| MAexp100: | 6.4055 | |
| Price / MA7: | -0.22% | |
| Price / MA20: | -0.28% | |
| Price / MA50: | +0.84% | |
| Price / MA100: | +0.95% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | -0.20% |
Quotes :
2021-01-29 09:41:18
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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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