EUR/SEK - 1H - Technical analysis published on 07/26/2021 (GMT)
- 205
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Neutral
Technical indicators
61%
6%
33%
My opinion
Neutral between 10.2056 SEK and 10.2439 SEK
My targets
-
My analysis
The short-term and basic trend is neutral. In this situation, the price of EUR/SEK could just as easily move towards the first resistance as the first support. No statistical advantage is given for one of these levels to be achieved before the other. It will be necessary to create a new automated analysis when the conditions have progressed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below. The first resistance is located at 10.2439 SEK. The first support is located at 10.2056 SEK.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/SEK rating is 10.2279 SEK. On the day, this instrument gained +0.01% and was traded between 10.2249 SEK and 10.2483 SEK over the period. The price is currently at +0.03% from its lowest and -0.20% from its highest.10.2249
10.2483
10.2279
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this EUR/SEK chart shows a neutral trend. This generally neutral trend is confirmed by the neutral signals currently 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 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.1901 | 10.2056 | 10.2197 | 10.2279 | 10.2336 | 10.2439 | 10.2589 |
| Change (%) | -0.37% | -0.22% | -0.08% | - | +0.06% | +0.16% | +0.30% |
| Change | -0.0378 | -0.0223 | -0.0082 | - | +0.0057 | +0.0160 | +0.0310 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.1796 | 10.1926 | 10.2096 | 10.2226 | 10.2396 | 10.2526 | 10.2696 |
| Camarilla | 10.2185 | 10.2212 | 10.2240 | 10.2267 | 10.2295 | 10.2322 | 10.2350 |
| Woodie | 10.1817 | 10.1936 | 10.2117 | 10.2236 | 10.2417 | 10.2536 | 10.2717 |
| Fibonacci | 10.1926 | 10.2040 | 10.2111 | 10.2226 | 10.2340 | 10.2411 | 10.2526 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.1115 | 10.1518 | 10.1893 | 10.2296 | 10.2671 | 10.3074 | 10.3449 |
| Camarilla | 10.2053 | 10.2124 | 10.2196 | 10.2267 | 10.2338 | 10.2410 | 10.2481 |
| Woodie | 10.1100 | 10.1511 | 10.1878 | 10.2289 | 10.2656 | 10.3067 | 10.3434 |
| Fibonacci | 10.1518 | 10.1816 | 10.1999 | 10.2296 | 10.2594 | 10.2777 | 10.3074 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.8360 | 9.9380 | 10.0374 | 10.1394 | 10.2388 | 10.3408 | 10.4402 |
| Camarilla | 10.0815 | 10.1000 | 10.1184 | 10.1369 | 10.1554 | 10.1738 | 10.1923 |
| Woodie | 9.8348 | 9.9374 | 10.0362 | 10.1388 | 10.2376 | 10.3402 | 10.4390 |
| Fibonacci | 9.9380 | 10.0149 | 10.0624 | 10.1394 | 10.2163 | 10.2638 | 10.3408 |
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): | 55.03 | |
| MACD (12,26,9): | 0.0032 | |
| Directional Movement: | 1.5667 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 10.2338 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.1803 | |
| Elder Ray (13): | 0.0122 | |
| Super Trend (3,10): | 10.1983 | |
| Zig ZAG (10): | 10.2415 | |
| VORTEX (21): | 1.0434 | |
| Stochastique (14,3,5): | 92.03 | |
| TEMA (21): | 10.2373 | |
| Williams %R (14): | -13.40 | |
| Chande Momentum Oscillator (20): | 0.0085 | |
| Repulse (5,40,3): | -0.0099 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0026 | |
| Courbe Coppock: | 0.12 |
| MA7: | 10.2407 | |
| MA20: | 10.1965 | |
| MA50: | 10.1506 | |
| MA100: | 10.1563 | |
| MAexp7: | 10.2346 | |
| MAexp20: | 10.2303 | |
| MAexp50: | 10.2298 | |
| MAexp100: | 10.2325 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | +0.31% | |
| Price / MA50: | +0.76% | |
| Price / MA100: | +0.70% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | -0.04% |
Quotes :
-
Real time data
-
Forex
News
Don't forget to follow the news on EUR/SEK. At the time of publication of this analysis, the latest news was as follows:
-
EUR/SEK To Head Higher
-
Hows does more Riksbank QE impact USD/SEK and EUR/SEK ?
-
EUR/SEK to Grind Lower
-
Danske Bank On EUR/SEK
-
Nordea on EUR/SEK
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis EUR/SEK - 1H