AUD/SEK - 1H - Technical analysis published on 05/04/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
28%
39%
33%
My opinion
Bearish under 6.5383 SEK
My targets
6.5076 SEK (-0.0170)
6.4951 SEK (-0.0295)
My analysis
The strong short-term decline in AUD/SEK calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 6.5383 SEK, one could consider taking advantage of the short-term movement. The first bearish objective is located at 6.5076 SEK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 6.4951 SEK as an objective. Crossing it would then enable sellers to target 6.4824 SEK. Be careful, a return to above 6.5383 SEK could jeopardize the reversal.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.1
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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 6.5246 SEK. The price is lower by -0.13% since the last closing and was traded between 6.5118 SEK and 6.5421 SEK over the period. The price is currently at +0.20% from its lowest and -0.27% from its highest.6.5118
6.5421
6.5246
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 slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.4951 | 6.5076 | 6.5191 | 6.5246 | 6.5383 | 6.5516 | 6.6282 |
| Change (%) | -0.45% | -0.26% | -0.08% | - | +0.21% | +0.41% | +1.59% |
| Change | -0.0295 | -0.0170 | -0.0055 | - | +0.0137 | +0.0270 | +0.1036 |
| Level | Minor | Minor | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.4895 | 6.5043 | 6.5185 | 6.5333 | 6.5475 | 6.5623 | 6.5765 |
| Camarilla | 6.5248 | 6.5275 | 6.5301 | 6.5328 | 6.5355 | 6.5381 | 6.5408 |
| Woodie | 6.4893 | 6.5042 | 6.5183 | 6.5332 | 6.5473 | 6.5622 | 6.5763 |
| Fibonacci | 6.5043 | 6.5153 | 6.5222 | 6.5333 | 6.5443 | 6.5512 | 6.5623 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.4199 | 6.4500 | 6.4915 | 6.5216 | 6.5631 | 6.5932 | 6.6347 |
| Camarilla | 6.5134 | 6.5200 | 6.5265 | 6.5331 | 6.5397 | 6.5462 | 6.5528 |
| Woodie | 6.4257 | 6.4529 | 6.4973 | 6.5245 | 6.5689 | 6.5961 | 6.6405 |
| Fibonacci | 6.4500 | 6.4773 | 6.4942 | 6.5216 | 6.5489 | 6.5658 | 6.5932 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.2506 | 6.3653 | 6.4492 | 6.5639 | 6.6478 | 6.7625 | 6.8464 |
| Camarilla | 6.4785 | 6.4967 | 6.5149 | 6.5331 | 6.5513 | 6.5695 | 6.5877 |
| Woodie | 6.2352 | 6.3576 | 6.4338 | 6.5562 | 6.6324 | 6.7548 | 6.8310 |
| Fibonacci | 6.3653 | 6.4412 | 6.4880 | 6.5639 | 6.6398 | 6.6866 | 6.7625 |
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): | 46.17 | |
| MACD (12,26,9): | -0.0018 | |
| Directional Movement: | 5.3262 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 6.5266 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.5381 | |
| Elder Ray (13): | -0.0029 | |
| Super Trend (3,10): | 6.5143 | |
| Zig ZAG (10): | 6.5248 | |
| VORTEX (21): | 0.9646 | |
| Stochastique (14,3,5): | 45.21 | |
| TEMA (21): | 6.5249 | |
| Williams %R (14): | -47.52 | |
| Chande Momentum Oscillator (20): | -0.0067 | |
| Repulse (5,40,3): | -0.1023 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0018 | |
| Courbe Coppock: | 0.17 |
| MA7: | 6.5216 | |
| MA20: | 6.5230 | |
| MA50: | 6.5598 | |
| MA100: | 6.4774 | |
| MAexp7: | 6.5262 | |
| MAexp20: | 6.5286 | |
| MAexp50: | 6.5275 | |
| MAexp100: | 6.5230 | |
| Price / MA7: | +0.05% | |
| Price / MA20: | +0.02% | |
| Price / MA50: | -0.54% | |
| Price / MA100: | +0.73% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | +0.02% |
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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