AUD/SEK - 1H - Technical analysis published on 12/02/2021 (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:
Neutral
Underlying:
Bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 6.4893 SEK
My targets
6.4418 SEK (-0.0117)
6.4046 SEK (-0.0489)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 6.4893 SEK remains possible. It is advisable to trade AUD/SEK with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 6.4893 SEK. The next bearish objective for sellers is set at 6.4418 SEK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.4046 SEK. In case of crossing, the next objective would be the support located at 6.3276 SEK. PS: if there is a bullish break in the resistance located at 6.4893 SEK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.9
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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 6.4535 SEK. On the day, this instrument lost -0.10% with the lowest point at 6.4402 SEK and the highest point at 6.4660 SEK. The deviation from the price is +0.21% for the low point and -0.19% for the high point.6.4402
6.4660
6.4535
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of AUD/SEK in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
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 | 6.3276 | 6.4046 | 6.4418 | 6.4535 | 6.4893 | 6.5084 | 6.5469 |
| Change (%) | -1.95% | -0.76% | -0.18% | - | +0.55% | +0.85% | +1.45% |
| Change | -0.1259 | -0.0489 | -0.0117 | - | +0.0358 | +0.0549 | +0.0934 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.3853 | 6.4057 | 6.4330 | 6.4534 | 6.4807 | 6.5011 | 6.5284 |
| Camarilla | 6.4471 | 6.4515 | 6.4558 | 6.4602 | 6.4646 | 6.4690 | 6.4733 |
| Woodie | 6.3887 | 6.4074 | 6.4364 | 6.4551 | 6.4841 | 6.5028 | 6.5318 |
| Fibonacci | 6.4057 | 6.4240 | 6.4352 | 6.4534 | 6.4717 | 6.4829 | 6.5011 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.3532 | 6.4080 | 6.4670 | 6.5218 | 6.5808 | 6.6356 | 6.6946 |
| Camarilla | 6.4948 | 6.5052 | 6.5157 | 6.5261 | 6.5365 | 6.5470 | 6.5574 |
| Woodie | 6.3554 | 6.4091 | 6.4692 | 6.5229 | 6.5830 | 6.6367 | 6.6968 |
| Fibonacci | 6.4080 | 6.4514 | 6.4783 | 6.5218 | 6.5652 | 6.5921 | 6.6356 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.0385 | 6.1751 | 6.3034 | 6.4400 | 6.5683 | 6.7049 | 6.8332 |
| Camarilla | 6.3590 | 6.3832 | 6.4075 | 6.4318 | 6.4561 | 6.4804 | 6.5047 |
| Woodie | 6.0345 | 6.1730 | 6.2994 | 6.4379 | 6.5643 | 6.7028 | 6.8292 |
| Fibonacci | 6.1751 | 6.2763 | 6.3388 | 6.4400 | 6.5412 | 6.6037 | 6.7049 |
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): | 49.28 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -5.7562 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 6.4532 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.4634 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 6.4771 | |
| Zig ZAG (10): | 6.4525 | |
| VORTEX (21): | 0.9881 | |
| Stochastique (14,3,5): | 54.52 | |
| TEMA (21): | 6.4547 | |
| Williams %R (14): | -49.61 | |
| Chande Momentum Oscillator (20): | 0.0035 | |
| Repulse (5,40,3): | 0.1249 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0014 | |
| Courbe Coppock: | 0.07 |
| MA7: | 6.4943 | |
| MA20: | 6.4503 | |
| MA50: | 6.4184 | |
| MA100: | 6.3796 | |
| MAexp7: | 6.4540 | |
| MAexp20: | 6.4539 | |
| MAexp50: | 6.4581 | |
| MAexp100: | 6.4707 | |
| Price / MA7: | -0.63% | |
| Price / MA20: | +0.05% | |
| Price / MA50: | +0.55% | |
| Price / MA100: | +1.16% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | -0.27% |
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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