AUD/NOK - 1H - Technical analysis published on 01/05/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
44%
44%
My opinion
Bearish under 7.0797 NOK
My targets
7.0455 NOK (-0.0167)
7.0311 NOK (-0.0311)
My analysis
In the short term, we can see an acceleration in the bearish trend on AUD/NOK, which is a positive signal for sellers. As long as the price remains above 7.0797 NOK, a sale could be considered. The first bearish objective is located at 7.0455 NOK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 7.0311 NOK as an objective. Crossing it would then enable sellers to target 7.0126 NOK. If the price were to return above 7.0797 NOK, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/NOK price is 7.0622 NOK. The price is lower by -0.01% since the last closing with the lowest point at 7.0442 NOK and the highest point at 7.0996 NOK. The deviation from the price is +0.26% for the low point and -0.53% for the high point.7.0442
7.0996
7.0622
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/NOK:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/NOK indicates that the overall trend is bearish. 64.29% 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 a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.0126 | 7.0311 | 7.0455 | 7.0622 | 7.0674 | 7.0797 | 7.0910 |
| Change (%) | -0.70% | -0.44% | -0.24% | - | +0.07% | +0.25% | +0.41% |
| Change | -0.0496 | -0.0311 | -0.0167 | - | +0.0052 | +0.0175 | +0.0288 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.0207 | 7.0384 | 7.0505 | 7.0682 | 7.0803 | 7.0980 | 7.1101 |
| Camarilla | 7.0544 | 7.0571 | 7.0599 | 7.0626 | 7.0653 | 7.0681 | 7.0708 |
| Woodie | 7.0179 | 7.0370 | 7.0477 | 7.0668 | 7.0775 | 7.0966 | 7.1073 |
| Fibonacci | 7.0384 | 7.0498 | 7.0568 | 7.0682 | 7.0796 | 7.0866 | 7.0980 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.9526 | 6.9859 | 7.0243 | 7.0576 | 7.0960 | 7.1293 | 7.1677 |
| Camarilla | 7.0429 | 7.0495 | 7.0560 | 7.0626 | 7.0692 | 7.0758 | 7.0823 |
| Woodie | 6.9551 | 6.9872 | 7.0268 | 7.0589 | 7.0985 | 7.1306 | 7.1702 |
| Fibonacci | 6.9859 | 7.0133 | 7.0302 | 7.0576 | 7.0850 | 7.1019 | 7.1293 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.7668 | 6.8930 | 6.9694 | 7.0956 | 7.1720 | 7.2982 | 7.3746 |
| Camarilla | 6.9900 | 7.0086 | 7.0271 | 7.0457 | 7.0643 | 7.0828 | 7.1014 |
| Woodie | 6.7418 | 6.8806 | 6.9444 | 7.0832 | 7.1470 | 7.2858 | 7.3496 |
| Fibonacci | 6.8930 | 6.9704 | 7.0182 | 7.0956 | 7.1730 | 7.2208 | 7.2982 |
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): | 46.30 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | 3.8637 | |
| AROON (14): | -7.1428 | |
| DEMA (21): | 7.0658 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.0996 | |
| Elder Ray (13): | -0.0061 | |
| Super Trend (3,10): | 7.1117 | |
| Zig ZAG (10): | 7.0577 | |
| VORTEX (21): | 0.9347 | |
| Stochastique (14,3,5): | 45.72 | |
| TEMA (21): | 7.0643 | |
| Williams %R (14): | -73.47 | |
| Chande Momentum Oscillator (20): | -0.0135 | |
| Repulse (5,40,3): | -0.3179 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0016 | |
| Courbe Coppock: | 0.28 |
| MA7: | 7.0609 | |
| MA20: | 7.0894 | |
| MA50: | 7.1603 | |
| MA100: | 7.1802 | |
| MAexp7: | 7.0652 | |
| MAexp20: | 7.0663 | |
| MAexp50: | 7.0639 | |
| MAexp100: | 7.0641 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | -0.38% | |
| Price / MA50: | -1.37% | |
| Price / MA100: | -1.64% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | -0.03% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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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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