AUD/DKK - 1H - Technical analysis published on 09/01/2023 (GMT)
- 131
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 4.4486 DKK
My targets
4.4897 DKK (+0.0314)
4.5311 DKK (+0.0728)
My analysis
The bullish trend is currently very strong on AUD/DKK. As long as the price remains above the support at 4.4486 DKK, you could try to benefit from the boom. The first bullish objective is located at 4.4897 DKK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.5311 DKK as an objective. Crossing it would then enable buyers to target 4.5822 DKK. 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, 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
7.7
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/DKK price is 4.4583 DKK. The price registered a decrease of -0.01% on the session and was traded between 4.4347 DKK and 4.4634 DKK over the period. The price is currently at +0.53% from its lowest and -0.11% from its highest.4.4347
4.4634
4.4583
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
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of AUD/DKK in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
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 | 4.4221 | 4.4335 | 4.4486 | 4.4583 | 4.4597 | 4.5822 | 4.6816 |
| Change (%) | -0.81% | -0.56% | -0.22% | - | +0.03% | +2.78% | +5.01% |
| Change | -0.0362 | -0.0248 | -0.0097 | - | +0.0014 | +0.1239 | +0.2233 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Major | 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 | 4.3888 | 4.4031 | 4.4310 | 4.4453 | 4.4732 | 4.4875 | 4.5154 |
| Camarilla | 4.4472 | 4.4511 | 4.4549 | 4.4588 | 4.4627 | 4.4665 | 4.4704 |
| Woodie | 4.3955 | 4.4065 | 4.4377 | 4.4487 | 4.4799 | 4.4909 | 4.5221 |
| Fibonacci | 4.4031 | 4.4193 | 4.4292 | 4.4453 | 4.4615 | 4.4714 | 4.4875 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3043 | 4.3385 | 4.3799 | 4.4141 | 4.4555 | 4.4897 | 4.5311 |
| Camarilla | 4.4004 | 4.4073 | 4.4143 | 4.4212 | 4.4281 | 4.4351 | 4.4420 |
| Woodie | 4.3078 | 4.3403 | 4.3834 | 4.4159 | 4.4590 | 4.4915 | 4.5346 |
| Fibonacci | 4.3385 | 4.3674 | 4.3853 | 4.4141 | 4.4430 | 4.4609 | 4.4897 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.1770 | 4.2719 | 4.3653 | 4.4602 | 4.5536 | 4.6485 | 4.7419 |
| Camarilla | 4.4070 | 4.4243 | 4.4415 | 4.4588 | 4.4761 | 4.4933 | 4.5106 |
| Woodie | 4.1764 | 4.2715 | 4.3647 | 4.4598 | 4.5530 | 4.6481 | 4.7413 |
| Fibonacci | 4.2719 | 4.3438 | 4.3882 | 4.4602 | 4.5321 | 4.5765 | 4.6485 |
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): | 59.36 | |
| MACD (12,26,9): | 0.0024 | |
| Directional Movement: | 4.6022 | |
| AROON (14): | -42.8572 | |
| DEMA (21): | 4.4516 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.4351 | |
| Elder Ray (13): | 0.0046 | |
| Super Trend (3,10): | 4.4616 | |
| Zig ZAG (10): | 4.4551 | |
| VORTEX (21): | 1.0985 | |
| Stochastique (14,3,5): | 57.26 | |
| TEMA (21): | 4.4507 | |
| Williams %R (14): | -28.92 | |
| Chande Momentum Oscillator (20): | -0.0037 | |
| Repulse (5,40,3): | 0.1956 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0112 | |
| Courbe Coppock: | 0.25 |
| MA7: | 4.4351 | |
| MA20: | 4.4240 | |
| MA50: | 4.4868 | |
| MA100: | 4.5312 | |
| MAexp7: | 4.4497 | |
| MAexp20: | 4.4477 | |
| MAexp50: | 4.4422 | |
| MAexp100: | 4.4365 | |
| Price / MA7: | +0.52% | |
| Price / MA20: | +0.78% | |
| Price / MA50: | -0.64% | |
| Price / MA100: | -1.61% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | +0.36% | |
| Price / MAexp100: | +0.49% |
Quotes :
-
Real time data
-
Forex
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 AUD/DKK - 1H