AUD/SEK - 1H - Technical analysis published on 08/23/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
0%
67%
My opinion
Bearish under 6.3105 SEK
My targets
6.2557 SEK (-0.0301)
6.1987 SEK (-0.0871)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/SEK as long as the price remains well below 6.3105 SEK. The sellers' bearish objective is set at 6.2557 SEK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.1987 SEK. In case of crossing, the next objective would be the support located at 6.1634 SEK. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5
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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 6.2858 SEK. On the day, this instrument gained +0.09% with the lowest point at 6.2683 SEK and the highest point at 6.3000 SEK. The deviation from the price is +0.28% for the low point and -0.23% for the high point.6.2683
6.3000
6.2858
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
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 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel 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 | 5.9317 | 6.1634 | 6.2557 | 6.2858 | 6.3105 | 6.3396 | 6.3645 |
| Change (%) | -5.63% | -1.95% | -0.48% | - | +0.39% | +0.86% | +1.25% |
| Change | -0.3541 | -0.1224 | -0.0301 | - | +0.0247 | +0.0538 | +0.0787 |
| Level | Major | Minor | Major | - | Major | Minor | Intermediate |
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 | 6.2155 | 6.2406 | 6.2605 | 6.2856 | 6.3055 | 6.3306 | 6.3505 |
| Camarilla | 6.2679 | 6.2721 | 6.2762 | 6.2803 | 6.2844 | 6.2886 | 6.2927 |
| Woodie | 6.2128 | 6.2393 | 6.2578 | 6.2843 | 6.3028 | 6.3293 | 6.3478 |
| Fibonacci | 6.2406 | 6.2578 | 6.2684 | 6.2856 | 6.3028 | 6.3134 | 6.3306 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.1316 | 6.1987 | 6.2395 | 6.3066 | 6.3474 | 6.4145 | 6.4553 |
| Camarilla | 6.2506 | 6.2605 | 6.2704 | 6.2803 | 6.2902 | 6.3001 | 6.3100 |
| Woodie | 6.1185 | 6.1921 | 6.2264 | 6.3000 | 6.3343 | 6.4079 | 6.4422 |
| Fibonacci | 6.1987 | 6.2399 | 6.2654 | 6.3066 | 6.3478 | 6.3733 | 6.4145 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.0530 | 6.1784 | 6.2446 | 6.3700 | 6.4362 | 6.5616 | 6.6278 |
| Camarilla | 6.2582 | 6.2758 | 6.2933 | 6.3109 | 6.3285 | 6.3460 | 6.3636 |
| Woodie | 6.0235 | 6.1636 | 6.2151 | 6.3552 | 6.4067 | 6.5468 | 6.5983 |
| Fibonacci | 6.1784 | 6.2516 | 6.2968 | 6.3700 | 6.4432 | 6.4884 | 6.5616 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.93 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | 2.6518 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 6.2870 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.2725 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 6.3020 | |
| Zig ZAG (10): | 6.2877 | |
| VORTEX (21): | 0.9525 | |
| Stochastique (14,3,5): | 60.25 | |
| TEMA (21): | 6.2887 | |
| Williams %R (14): | -44.48 | |
| Chande Momentum Oscillator (20): | 0.0054 | |
| Repulse (5,40,3): | 0.0002 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0029 | |
| Courbe Coppock: | 0.00 |
| MA7: | 6.3221 | |
| MA20: | 6.3471 | |
| MA50: | 6.3914 | |
| MA100: | 6.4365 | |
| MAexp7: | 6.2885 | |
| MAexp20: | 6.2882 | |
| MAexp50: | 6.2940 | |
| MAexp100: | 6.3082 | |
| Price / MA7: | -0.57% | |
| Price / MA20: | -0.97% | |
| Price / MA50: | -1.65% | |
| Price / MA100: | -2.34% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.13% | |
| Price / MAexp100: | -0.36% |
Quotes :
-
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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