AUD/SEK - 1H - Technical analysis published on 06/10/2021 (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
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
83%
0%
17%
My opinion
Bullish above 6.3889 SEK
My targets
6.4075 SEK (+0.0091)
6.4187 SEK (+0.0203)
My analysis
The current short-term bullish acceleration on AUD/SEK should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 6.3889 SEK. Short-term buyers will use the resistance located at 6.4075 SEK as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 6.4187 SEK. Crossing this resistance would then open the door for buyers to target 6.4339 SEK. Caution, if there is a return to under 6.3889 SEK, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
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
4.1
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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
AUD/SEK rating 6.3984 SEK. The price registered an increase of +0.14% on the session with the lowest point at 6.3849 SEK and the highest point at 6.3999 SEK. The deviation from the price is +0.21% for the low point and -0.02% for the high point.6.3849
6.3999
6.3984
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of AUD/SEK in 1H shows a neutral overall trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of triangle is broken
Type : Bullish
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 | 6.3835 | 6.3889 | 6.3978 | 6.3984 | 6.4075 | 6.4187 | 6.4339 |
| Change (%) | -0.23% | -0.15% | -0.01% | - | +0.14% | +0.32% | +0.55% |
| Change | -0.0149 | -0.0095 | -0.0006 | - | +0.0091 | +0.0203 | +0.0355 |
| Level | Intermediate | Minor | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.3357 | 6.3563 | 6.3729 | 6.3935 | 6.4101 | 6.4307 | 6.4473 |
| Camarilla | 6.3794 | 6.3828 | 6.3862 | 6.3896 | 6.3930 | 6.3964 | 6.3998 |
| Woodie | 6.3338 | 6.3553 | 6.3710 | 6.3925 | 6.4082 | 6.4297 | 6.4454 |
| Fibonacci | 6.3563 | 6.3705 | 6.3793 | 6.3935 | 6.4077 | 6.4165 | 6.4307 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.3100 | 6.3414 | 6.3712 | 6.4026 | 6.4324 | 6.4638 | 6.4936 |
| Camarilla | 6.3843 | 6.3899 | 6.3955 | 6.4011 | 6.4067 | 6.4123 | 6.4179 |
| Woodie | 6.3093 | 6.3410 | 6.3705 | 6.4022 | 6.4317 | 6.4634 | 6.4929 |
| Fibonacci | 6.3414 | 6.3648 | 6.3792 | 6.4026 | 6.4260 | 6.4404 | 6.4638 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.1524 | 6.2735 | 6.3439 | 6.4650 | 6.5354 | 6.6565 | 6.7269 |
| Camarilla | 6.3617 | 6.3793 | 6.3969 | 6.4144 | 6.4320 | 6.4495 | 6.4671 |
| Woodie | 6.1272 | 6.2608 | 6.3187 | 6.4523 | 6.5102 | 6.6438 | 6.7017 |
| Fibonacci | 6.2735 | 6.3466 | 6.3918 | 6.4650 | 6.5381 | 6.5833 | 6.6565 |
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): | 57.16 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | 2.7143 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 6.3915 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.3824 | |
| Elder Ray (13): | 0.0043 | |
| Super Trend (3,10): | 6.4074 | |
| Zig ZAG (10): | 6.3994 | |
| VORTEX (21): | 0.9518 | |
| Stochastique (14,3,5): | 94.22 | |
| TEMA (21): | 6.3929 | |
| Williams %R (14): | -9.38 | |
| Chande Momentum Oscillator (20): | 0.0104 | |
| Repulse (5,40,3): | 0.1299 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0054 | |
| Courbe Coppock: | 0.09 |
| MA7: | 6.3978 | |
| MA20: | 6.4227 | |
| MA50: | 6.4911 | |
| MA100: | 6.5030 | |
| MAexp7: | 6.3940 | |
| MAexp20: | 6.3933 | |
| MAexp50: | 6.3961 | |
| MAexp100: | 6.3991 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | -0.38% | |
| Price / MA50: | -1.43% | |
| Price / MA100: | -1.61% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | -0.01% |
Quotes :
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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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