AUD/SEK - 1H - Technical analysis published on 07/10/2023 (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 bearish
Underlying:
Bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 7.2546 SEK
My targets
7.2349 SEK (-0.0079)
7.2169 SEK (-0.0259)
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 7.2546 SEK. The sellers' bearish objective is set at 7.2349 SEK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 7.2169 SEK. In case of crossing, the next objective would be the support located at 7.1589 SEK.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/SEK rating 7.2428 SEK. On the day, this instrument gained +0.00% with the lowest point at 7.2314 SEK and the highest point at 7.2475 SEK. The deviation from the price is +0.16% for the low point and -0.06% for the high point.7.2314
7.2475
7.2428
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/SEK in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 7.1589 | 7.2169 | 7.2349 | 7.2428 | 7.2546 | 7.2761 | 7.3050 |
| Change (%) | -1.16% | -0.36% | -0.11% | - | +0.16% | +0.46% | +0.86% |
| Change | -0.0839 | -0.0259 | -0.0079 | - | +0.0118 | +0.0333 | +0.0622 |
| Level | Minor | Major | Intermediate | - | 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 | 7.1824 | 7.2043 | 7.2236 | 7.2455 | 7.2648 | 7.2867 | 7.3060 |
| Camarilla | 7.2316 | 7.2354 | 7.2391 | 7.2429 | 7.2467 | 7.2505 | 7.2542 |
| Woodie | 7.1811 | 7.2037 | 7.2223 | 7.2449 | 7.2635 | 7.2861 | 7.3047 |
| Fibonacci | 7.2043 | 7.2200 | 7.2298 | 7.2455 | 7.2612 | 7.2710 | 7.2867 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.9819 | 7.0704 | 7.1556 | 7.2441 | 7.3293 | 7.4178 | 7.5030 |
| Camarilla | 7.1930 | 7.2090 | 7.2249 | 7.2408 | 7.2567 | 7.2727 | 7.2886 |
| Woodie | 6.9803 | 7.0696 | 7.1540 | 7.2433 | 7.3277 | 7.4170 | 7.5014 |
| Fibonacci | 7.0704 | 7.1368 | 7.1778 | 7.2441 | 7.3105 | 7.3515 | 7.4178 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.7037 | 6.8700 | 7.0324 | 7.1987 | 7.3611 | 7.5274 | 7.6898 |
| Camarilla | 7.1044 | 7.1345 | 7.1647 | 7.1948 | 7.2249 | 7.2551 | 7.2852 |
| Woodie | 6.7018 | 6.8690 | 7.0305 | 7.1977 | 7.3592 | 7.5264 | 7.6879 |
| Fibonacci | 6.8700 | 6.9956 | 7.0731 | 7.1987 | 7.3243 | 7.4018 | 7.5274 |
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): | 41.99 | |
| MACD (12,26,9): | -0.0037 | |
| Directional Movement: | -8.6842 | |
| AROON (14): | -57.1428 | |
| DEMA (21): | 7.2444 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.2649 | |
| Elder Ray (13): | -0.0084 | |
| Super Trend (3,10): | 7.2761 | |
| Zig ZAG (10): | 7.2367 | |
| VORTEX (21): | 0.9575 | |
| Stochastique (14,3,5): | 25.92 | |
| TEMA (21): | 7.2441 | |
| Williams %R (14): | -75.95 | |
| Chande Momentum Oscillator (20): | -0.0059 | |
| Repulse (5,40,3): | -0.1785 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0068 | |
| Courbe Coppock: | 0.13 |
| MA7: | 7.2479 | |
| MA20: | 7.2373 | |
| MA50: | 7.1209 | |
| MA100: | 7.0448 | |
| MAexp7: | 7.2455 | |
| MAexp20: | 7.2495 | |
| MAexp50: | 7.2541 | |
| MAexp100: | 7.2475 | |
| Price / MA7: | -0.07% | |
| Price / MA20: | +0.08% | |
| Price / MA50: | +1.71% | |
| Price / MA100: | +2.81% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.16% | |
| Price / MAexp100: | -0.06% |
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.
About author
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