AUD/SEK - 1H - Technical analysis published on 07/10/2024 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 7.1020 SEK
My targets
7.1271 SEK (+0.0134)
7.1418 SEK (+0.0281)
My analysis
The basic bullish trend is very strong on AUD/SEK but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 7.1020 SEK. Crossing the first resistance at 7.1271 SEK would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 7.1418 SEK as an objective. Crossing it would then enable buyers to target 7.1766 SEK. Caution, a return to below 7.1020 SEK would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.1
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Additional analysis
Quotes
The AUD/SEK rating is 7.1137 SEK. The price has increased by +0.00% since the last closing and was traded between 7.1043 SEK and 7.1162 SEK over the period. The price is currently at +0.13% from its lowest and -0.04% from its highest.7.1043
7.1162
7.1137
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/SEK indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.0690 | 7.0890 | 7.1020 | 7.1137 | 7.1271 | 7.1418 | 7.1766 |
| Change (%) | -0.63% | -0.35% | -0.16% | - | +0.19% | +0.40% | +0.88% |
| Change | -0.0447 | -0.0247 | -0.0117 | - | +0.0134 | +0.0281 | +0.0629 |
| Level | Intermediate | Major | Minor | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.0573 | 7.0797 | 7.0967 | 7.1191 | 7.1361 | 7.1585 | 7.1755 |
| Camarilla | 7.1030 | 7.1066 | 7.1102 | 7.1138 | 7.1174 | 7.1210 | 7.1246 |
| Woodie | 7.0547 | 7.0784 | 7.0941 | 7.1178 | 7.1335 | 7.1572 | 7.1729 |
| Fibonacci | 7.0797 | 7.0947 | 7.1040 | 7.1191 | 7.1341 | 7.1434 | 7.1585 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.9836 | 7.0079 | 7.0406 | 7.0649 | 7.0976 | 7.1219 | 7.1546 |
| Camarilla | 7.0575 | 7.0628 | 7.0680 | 7.0732 | 7.0784 | 7.0837 | 7.0889 |
| Woodie | 6.9877 | 7.0100 | 7.0447 | 7.0670 | 7.1017 | 7.1240 | 7.1587 |
| Fibonacci | 7.0079 | 7.0297 | 7.0432 | 7.0649 | 7.0867 | 7.1002 | 7.1219 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.6060 | 6.7065 | 6.8877 | 6.9882 | 7.1694 | 7.2699 | 7.4511 |
| Camarilla | 6.9915 | 7.0174 | 7.0432 | 7.0690 | 7.0948 | 7.1207 | 7.1465 |
| Woodie | 6.6465 | 6.7267 | 6.9282 | 7.0084 | 7.2099 | 7.2901 | 7.4916 |
| Fibonacci | 6.7065 | 6.8141 | 6.8806 | 6.9882 | 7.0958 | 7.1623 | 7.2699 |
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): | 51.03 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -2.3667 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 7.1138 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.1180 | |
| Elder Ray (13): | -0.0021 | |
| Super Trend (3,10): | 7.1336 | |
| Zig ZAG (10): | 7.1124 | |
| VORTEX (21): | 0.9102 | |
| Stochastique (14,3,5): | 61.73 | |
| TEMA (21): | 7.1096 | |
| Williams %R (14): | -32.64 | |
| Chande Momentum Oscillator (20): | 0.0038 | |
| Repulse (5,40,3): | 0.0532 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0002 | |
| Courbe Coppock: | 0.01 |
| MA7: | 7.0849 | |
| MA20: | 7.0259 | |
| MA50: | 7.0516 | |
| MA100: | 6.9839 | |
| MAexp7: | 7.1121 | |
| MAexp20: | 7.1132 | |
| MAexp50: | 7.1069 | |
| MAexp100: | 7.0933 | |
| Price / MA7: | +0.41% | |
| Price / MA20: | +1.25% | |
| Price / MA50: | +0.88% | |
| Price / MA100: | +1.86% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.10% | |
| Price / MAexp100: | +0.29% |
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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