Londinia Opportunities Analyses - 01/21/2022 (GMT) AUD/NOK - 1H

- NOK (-)
- Real time data - Forex
Type: Forex
Ticker: AUDNOK
ISIN:

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
83%
6%
11%
My opinion
Bullish above 6.3664 NOK
My targets
6.3958 NOK (+0.0204)
6.4653 NOK (+0.0899)
My analysis
The bullish trend is currently very strong on AUD/NOK. As long as the price remains above the support at 6.3664 NOK, you could try to benefit from the boom. The first bullish objective is located at 6.3958 NOK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.4653 NOK as an objective. Crossing it would then enable buyers to target 6.5575 NOK. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The AUD/NOK rating is 6.3754 NOK. On the day, this instrument lost -0.06% with the lowest point at 6.3378 NOK and the highest point at 6.3807 NOK. The deviation from the price is +0.59% for the low point and -0.08% for the high point.

6.3378
6.3807
6.3754

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

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 scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.3225 6.3522 6.3664 6.3754 6.3769 6.3958 6.4653
Change (%) -0.83% -0.36% -0.14% - +0.02% +0.32% +1.41%
Change -0.0529 -0.0232 -0.0090 - +0.0015 +0.0204 +0.0899
Level Intermediate Major Major - Minor Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.27596.30146.34026.36576.40456.43006.4688
Camarilla6.36136.36726.37316.37906.38496.39086.3967
Woodie6.28266.30476.34696.36906.41126.43336.4755
Fibonacci6.30146.32606.34116.36576.39036.40546.4300


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.20146.24746.28756.33356.37366.41966.4597
Camarilla6.30386.31176.31966.32756.33546.34336.3512
Woodie6.19846.24596.28456.33206.37066.41816.4567
Fibonacci6.24746.28036.30066.33356.36646.38676.4196


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.18306.26586.33606.41886.48906.57186.6420
Camarilla6.36406.37816.39216.40616.42016.43426.4482
Woodie6.17666.26276.32966.41576.48266.56876.6356
Fibonacci6.26586.32436.36046.41886.47736.51346.5718

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): 63.45
MACD (12,26,9): 0.0037
Directional Movement: 8.1518
AROON (14): -57.1428
DEMA (21): 6.3675
Parabolic SAR (0,02-0,02-0,2): 6.3403
Elder Ray (13): 0.0116
Super Trend (3,10): 6.3819
Zig ZAG (10): 6.3772
VORTEX (21): 1.0459
Stochastique (14,3,5): 68.85
TEMA (21): 6.3649
Williams %R (14): -25.58
Chande Momentum Oscillator (20): 0.0096
Repulse (5,40,3): 0.1893
ROCnROLL: 1
TRIX (15,9): 0.0072
Courbe Coppock: 0.38
MA7: 6.3397
MA20: 6.3607
MA50: 6.4003
MA100: 6.3506
MAexp7: 6.3664
MAexp20: 6.3625
MAexp50: 6.3523
MAexp100: 6.3413
Price / MA7: +0.56%
Price / MA20: +0.23%
Price / MA50: -0.39%
Price / MA100: +0.39%
Price / MAexp7: +0.14%
Price / MAexp20: +0.20%
Price / MAexp50: +0.36%
Price / MAexp100: +0.54%

Quotes : - Real time data - Forex