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 08/29/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 4.4335 DKK
My targets
4.4136 DKK (-0.0109)
4.3956 DKK (-0.0289)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/DKK as long as the price remains well below 4.4335 DKK. The sellers' bearish objective is set at 4.4136 DKK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.3956 DKK. In case of crossing, the next objective would be the support located at 4.3853 DKK.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6

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 4.4245 DKK. The price is lower by -0.01% since the last closing and was between 4.4218 DKK and 4.4488 DKK. This implies that the price is at +0.06% from its lowest and at -0.55% from its highest.

4.4218
4.4488
4.4245

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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



Abnormal volumes on AUD/DKK were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in 1H of this AUD/DKK chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 6 are bullish, 4 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

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 4.3956 4.4136 4.4221 4.4245 4.4335 4.4484 4.4597
Change (%) -0.65% -0.25% -0.05% - +0.20% +0.54% +0.80%
Change -0.0289 -0.0109 -0.0024 - +0.0090 +0.0239 +0.0352
Level Minor Major Minor - Minor Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.38624.40004.41254.42634.43884.45264.4651
Camarilla4.41784.42024.42264.42504.42744.42984.4322
Woodie4.38564.39974.41194.42604.43824.45234.4645
Fibonacci4.40004.41014.41634.42634.43644.44264.4526


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.30434.33854.37994.41414.45554.48974.5311
Camarilla4.40044.40734.41434.42124.42814.43514.4420
Woodie4.30784.34034.38344.41594.45904.49154.5346
Fibonacci4.33854.36744.38534.41414.44304.46094.4897


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.39274.44024.49554.54304.59834.64584.7011
Camarilla4.52254.53204.54144.55084.56024.56974.5791
Woodie4.39664.44224.49944.54504.60224.64784.7050
Fibonacci4.44024.47954.50374.54304.58234.60654.6458

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 44.10
MACD (12,26,9): 0.0013
Directional Movement: -2.2544
AROON (14): 71.4286
DEMA (21): 4.4342
Parabolic SAR (0,02-0,02-0,2): 4.4488
Elder Ray (13): -0.0064
Super Trend (3,10): 4.4486
Zig ZAG (10): 4.4252
VORTEX (21): 0.9701
Stochastique (14,3,5): 26.18
TEMA (21): 4.4348
Williams %R (14): -90.42
Chande Momentum Oscillator (20): 0.0005
Repulse (5,40,3): -0.3288
ROCnROLL: 2
TRIX (15,9): 0.0068
Courbe Coppock: 0.29
MA7: 4.4204
MA20: 4.4248
MA50: 4.4952
MA100: 4.5343
MAexp7: 4.4325
MAexp20: 4.4322
MAexp50: 4.4302
MAexp100: 4.4268
Price / MA7: +0.09%
Price / MA20: -0.01%
Price / MA50: -1.57%
Price / MA100: -2.42%
Price / MAexp7: -0.18%
Price / MAexp20: -0.17%
Price / MAexp50: -0.13%
Price / MAexp100: -0.05%

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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