AUD/DKK
AUD DKK
- DKK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDDKK
ISIN:

AUD/DKK - 1H - Technical analysis published on 02/07/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 4.7759 DKK
My targets
4.8232 DKK (+0.0161)
4.8519 DKK (+0.0448)
My analysis
AUD/DKK is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 4.7759 DKK, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 4.8232 DKK. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 4.8519 DKK would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 4.8799 DKK. Beware of a possible return to under the support located at 4.7759 DKK which would be the sign of a correction of the bullish excesses registered in the short term.

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
4.8

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:
15 min. Daily Weekly

Additional analysis

Quotes

AUD/DKK rating 4.8071 DKK. The price registered an increase of +0.62% on the session and was traded between 4.7767 DKK and 4.8160 DKK over the period. The price is currently at +0.64% from its lowest and -0.18% from its highest.

4.7767
4.8160
4.8071

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AUD/DKK in 1H shows an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.7443 4.7759 4.8066 4.8071 4.8232 4.8519 4.8799
Change (%) -1.31% -0.65% -0.01% - +0.33% +0.93% +1.51%
Change -0.0628 -0.0312 -0.0005 - +0.0161 +0.0448 +0.0728
Level Major Minor Minor - Minor Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.71824.73564.75664.77404.79504.81244.8334
Camarilla4.76704.77064.77414.77764.78114.78464.7882
Woodie4.72004.73654.75844.77494.79684.81334.8352
Fibonacci4.73564.75034.75934.77404.78874.79774.8124


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.63754.70414.73874.80534.83994.90654.9411
Camarilla4.74564.75494.76414.77344.78274.79204.8012
Woodie4.62164.69614.72284.79734.82404.89854.9252
Fibonacci4.70414.74274.76664.80534.84394.86784.9065


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.59344.65854.74404.80914.89464.95975.0452
Camarilla4.78804.80184.81564.82944.84324.85704.8708
Woodie4.60354.66364.75414.81424.90474.96485.0553
Fibonacci4.65854.71614.75164.80914.86674.90224.9597

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): 68.77
MACD (12,26,9): 0.0065
Directional Movement: 21.0986
AROON (14): 78.5714
DEMA (21): 4.7936
Parabolic SAR (0,02-0,02-0,2): 4.7889
Elder Ray (13): 0.0159
Super Trend (3,10): 4.7827
Zig ZAG (10): 4.8068
VORTEX (21): 1.2349
Stochastique (14,3,5): 82.60
TEMA (21): 4.8037
Williams %R (14): -19.47
Chande Momentum Oscillator (20): 0.0298
Repulse (5,40,3): 0.1897
ROCnROLL: 1
TRIX (15,9): 0.0052
Courbe Coppock: 1.23
MA7: 4.8116
MA20: 4.8054
MA50: 4.7721
MA100: 4.8046
MAexp7: 4.7992
MAexp20: 4.7878
MAexp50: 4.7893
MAexp100: 4.8003
Price / MA7: -0.09%
Price / MA20: +0.04%
Price / MA50: +0.73%
Price / MA100: +0.05%
Price / MAexp7: +0.16%
Price / MAexp20: +0.40%
Price / MAexp50: +0.37%
Price / MAexp100: +0.14%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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