AUD/DKK - 1H - Technical analysis published on 12/22/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
39%
50%
My opinion
Bullish above 4.6887 DKK
My targets
4.7147 DKK (+0.0085)
4.7455 DKK (+0.0393)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 4.6887 DKK remains possible. It is advisable to trade AUD/DKK with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 4.6887 DKK. The next bullish objective for buyers is set at 4.7147 DKK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.7455 DKK. If there is any crossing, the next objective would be the resistance located at 4.7740 DKK. PS: if there is a bearish break in the support located at 4.6887 DKK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/DKK rating 4.7062 DKK. On the day, this instrument gained +0.00% and was between 4.7028 DKK and 4.7296 DKK. This implies that the price is at +0.07% from its lowest and at -0.49% from its highest.4.7028
4.7296
4.7062
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/DKK in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
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 | 4.5911 | 4.6659 | 4.6887 | 4.7062 | 4.7147 | 4.7455 | 4.7740 |
| Change (%) | -2.45% | -0.86% | -0.37% | - | +0.18% | +0.84% | +1.44% |
| Change | -0.1151 | -0.0403 | -0.0175 | - | +0.0085 | +0.0393 | +0.0678 |
| Level | Major | Intermediate | Minor | - | Major | Major | Minor |
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 | 4.6363 | 4.6511 | 4.6787 | 4.6935 | 4.7211 | 4.7359 | 4.7635 |
| Camarilla | 4.6947 | 4.6986 | 4.7025 | 4.7064 | 4.7103 | 4.7142 | 4.7181 |
| Woodie | 4.6428 | 4.6543 | 4.6852 | 4.6967 | 4.7276 | 4.7391 | 4.7700 |
| Fibonacci | 4.6511 | 4.6673 | 4.6773 | 4.6935 | 4.7097 | 4.7197 | 4.7359 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4967 | 4.5846 | 4.6406 | 4.7285 | 4.7845 | 4.8724 | 4.9284 |
| Camarilla | 4.6570 | 4.6702 | 4.6834 | 4.6966 | 4.7098 | 4.7230 | 4.7362 |
| Woodie | 4.4808 | 4.5766 | 4.6247 | 4.7205 | 4.7686 | 4.8644 | 4.9125 |
| Fibonacci | 4.5846 | 4.6396 | 4.6735 | 4.7285 | 4.7835 | 4.8174 | 4.8724 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.6572 | 4.7051 | 4.7786 | 4.8265 | 4.9000 | 4.9479 | 5.0214 |
| Camarilla | 4.8186 | 4.8297 | 4.8409 | 4.8520 | 4.8631 | 4.8743 | 4.8854 |
| Woodie | 4.6699 | 4.7115 | 4.7913 | 4.8329 | 4.9127 | 4.9543 | 5.0341 |
| Fibonacci | 4.7051 | 4.7515 | 4.7802 | 4.8265 | 4.8729 | 4.9016 | 4.9479 |
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): | 50.21 | |
| MACD (12,26,9): | 0.0064 | |
| Directional Movement: | 7.2757 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 4.7194 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.7261 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 4.7042 | |
| Zig ZAG (10): | 4.7071 | |
| VORTEX (21): | 1.0563 | |
| Stochastique (14,3,5): | 38.37 | |
| TEMA (21): | 4.7206 | |
| Williams %R (14): | -76.62 | |
| Chande Momentum Oscillator (20): | -0.0021 | |
| Repulse (5,40,3): | -0.2472 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0269 | |
| Courbe Coppock: | 0.55 |
| MA7: | 4.7088 | |
| MA20: | 4.7618 | |
| MA50: | 4.7851 | |
| MA100: | 4.9038 | |
| MAexp7: | 4.7146 | |
| MAexp20: | 4.7102 | |
| MAexp50: | 4.7005 | |
| MAexp100: | 4.7024 | |
| Price / MA7: | -0.06% | |
| Price / MA20: | -1.17% | |
| Price / MA50: | -1.65% | |
| Price / MA100: | -4.03% | |
| Price / MAexp7: | -0.18% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +0.08% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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