Londinia Opportunities Analyses - 01/20/2022 (GMT) AUD/NOK - 1H
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 6.3522 NOK
My targets
6.3796 NOK (+0.0184)
6.4196 NOK (+0.0584)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/NOK as long as the price remains well above 6.3522 NOK. The buyers' bullish objective is set at 6.3796 NOK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.4196 NOK. If there is any crossing, the next objective would be the resistance located at 6.4653 NOK. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
AUD/NOK rating 6.3612 NOK. The price registered an increase of +0.38% on the session and was between 6.3269 NOK and 6.3769 NOK. This implies that the price is at +0.54% from its lowest and at -0.25% from its highest.6.3269
6.3769
6.3612
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/NOK indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.3108 | 6.3225 | 6.3522 | 6.3612 | 6.3664 | 6.3796 | 6.4653 |
| Change (%) | -0.79% | -0.61% | -0.14% | - | +0.08% | +0.29% | +1.64% |
| Change | -0.0504 | -0.0387 | -0.0090 | - | +0.0052 | +0.0184 | +0.1041 |
| Level | Intermediate | Minor | Major | - | Major | Minor | Major |
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 | 6.2828 | 6.2969 | 6.3170 | 6.3311 | 6.3512 | 6.3653 | 6.3854 |
| Camarilla | 6.3278 | 6.3309 | 6.3341 | 6.3372 | 6.3403 | 6.3435 | 6.3466 |
| Woodie | 6.2859 | 6.2984 | 6.3201 | 6.3326 | 6.3543 | 6.3668 | 6.3885 |
| Fibonacci | 6.2969 | 6.3099 | 6.3180 | 6.3311 | 6.3441 | 6.3522 | 6.3653 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.2014 | 6.2474 | 6.2875 | 6.3335 | 6.3736 | 6.4196 | 6.4597 |
| Camarilla | 6.3038 | 6.3117 | 6.3196 | 6.3275 | 6.3354 | 6.3433 | 6.3512 |
| Woodie | 6.1984 | 6.2459 | 6.2845 | 6.3320 | 6.3706 | 6.4181 | 6.4567 |
| Fibonacci | 6.2474 | 6.2803 | 6.3006 | 6.3335 | 6.3664 | 6.3867 | 6.4196 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.1830 | 6.2658 | 6.3360 | 6.4188 | 6.4890 | 6.5718 | 6.6420 |
| Camarilla | 6.3640 | 6.3781 | 6.3921 | 6.4061 | 6.4201 | 6.4342 | 6.4482 |
| Woodie | 6.1766 | 6.2627 | 6.3296 | 6.4157 | 6.4826 | 6.5687 | 6.6356 |
| Fibonacci | 6.2658 | 6.3243 | 6.3604 | 6.4188 | 6.4773 | 6.5134 | 6.5718 |
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): | 62.19 | |
| MACD (12,26,9): | 0.0083 | |
| Directional Movement: | 14.5443 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 6.3568 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.3373 | |
| Elder Ray (13): | 0.0072 | |
| Super Trend (3,10): | 6.3280 | |
| Zig ZAG (10): | 6.3589 | |
| VORTEX (21): | 1.1087 | |
| Stochastique (14,3,5): | 63.22 | |
| TEMA (21): | 6.3601 | |
| Williams %R (14): | -33.80 | |
| Chande Momentum Oscillator (20): | 0.0172 | |
| Repulse (5,40,3): | 0.0672 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0153 | |
| Courbe Coppock: | 0.57 |
| MA7: | 6.3276 | |
| MA20: | 6.3599 | |
| MA50: | 6.3997 | |
| MA100: | 6.3512 | |
| MAexp7: | 6.3561 | |
| MAexp20: | 6.3463 | |
| MAexp50: | 6.3343 | |
| MAexp100: | 6.3277 | |
| Price / MA7: | +0.53% | |
| Price / MA20: | +0.02% | |
| Price / MA50: | -0.60% | |
| Price / MA100: | +0.16% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | +0.42% | |
| Price / MAexp100: | +0.53% |
Quotes :
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Real time data
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Forex