Londinia Opportunities Analyses - 01/20/2022 (GMT) EUR/DKK - 1H
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 7.4417 DKK
My targets
7.4486 DKK (+0.0050)
7.4643 DKK (+0.0207)
My analysis
EUR/DKK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 7.4417 DKK. The next resistance located at 7.4486 DKK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 7.4643 DKK. After this resistance, buyers could then target 7.4692 DKK. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.9
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The EUR/DKK rating is 7.4436 DKK. The price registered an increase of +0.01% on the session and was between 7.4420 DKK and 7.4441 DKK. This implies that the price is at +0.02% from its lowest and at -0.01% from its highest.7.4420
7.4441
7.4436
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/DKK:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/DKK chart shows a strongly bullish trend. 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 scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 7.4411 | 7.4417 | 7.4424 | 7.4436 | 7.4438 | 7.4486 | 7.4525 |
| Change (%) | -0.03% | -0.03% | -0.02% | - | +0.00% | +0.07% | +0.12% |
| Change | -0.0025 | -0.0019 | -0.0012 | - | +0.0002 | +0.0050 | +0.0089 |
| Level | Minor | Minor | Intermediate | - | Intermediate | 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 | 7.4397 | 7.4407 | 7.4418 | 7.4428 | 7.4439 | 7.4449 | 7.4460 |
| Camarilla | 7.4423 | 7.4425 | 7.4427 | 7.4429 | 7.4431 | 7.4433 | 7.4435 |
| Woodie | 7.4398 | 7.4407 | 7.4419 | 7.4428 | 7.4440 | 7.4449 | 7.4461 |
| Fibonacci | 7.4407 | 7.4415 | 7.4420 | 7.4428 | 7.4436 | 7.4441 | 7.4449 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4345 | 7.4361 | 7.4393 | 7.4409 | 7.4441 | 7.4457 | 7.4489 |
| Camarilla | 7.4411 | 7.4415 | 7.4420 | 7.4424 | 7.4428 | 7.4433 | 7.4437 |
| Woodie | 7.4352 | 7.4365 | 7.4400 | 7.4413 | 7.4448 | 7.4461 | 7.4496 |
| Fibonacci | 7.4361 | 7.4380 | 7.4391 | 7.4409 | 7.4428 | 7.4439 | 7.4457 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4213 | 7.4263 | 7.4316 | 7.4366 | 7.4419 | 7.4469 | 7.4522 |
| Camarilla | 7.4342 | 7.4351 | 7.4361 | 7.4370 | 7.4379 | 7.4389 | 7.4398 |
| Woodie | 7.4216 | 7.4264 | 7.4319 | 7.4367 | 7.4422 | 7.4470 | 7.4525 |
| Fibonacci | 7.4263 | 7.4302 | 7.4326 | 7.4366 | 7.4405 | 7.4429 | 7.4469 |
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): | 57.50 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 16.5901 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 7.4433 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.4424 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 7.4426 | |
| Zig ZAG (10): | 7.4436 | |
| VORTEX (21): | 1.0649 | |
| Stochastique (14,3,5): | 88.39 | |
| TEMA (21): | 7.4435 | |
| Williams %R (14): | -28.57 | |
| Chande Momentum Oscillator (20): | 0.0014 | |
| Repulse (5,40,3): | 0.0006 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0002 | |
| Courbe Coppock: | 0.02 |
| MA7: | 7.4423 | |
| MA20: | 7.4395 | |
| MA50: | 7.4376 | |
| MA100: | 7.4378 | |
| MAexp7: | 7.4433 | |
| MAexp20: | 7.4430 | |
| MAexp50: | 7.4427 | |
| MAexp100: | 7.4424 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | +0.06% | |
| Price / MA50: | +0.08% | |
| Price / MA100: | +0.08% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | +0.02% |
Quotes :
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Real time data
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Forex