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

AUD/SEK - 1H - Technical analysis published on 09/07/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 7.0680 SEK
My targets
7.1047 SEK (+0.0133)
7.1260 SEK (+0.0346)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade AUD/SEK with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 7.0680 SEK. The buyers' bullish objective is set at 7.1047 SEK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.1260 SEK. If there is any crossing, the next objective would be the resistance located at 7.1430 SEK. If there is a bearish break in the support located at 7.0680 SEK some indecision would arise.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.4

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

The AUD/SEK price is 7.0914 SEK. The price registered an increase of +0.00% on the session and was between 7.0729 SEK and 7.0975 SEK. This implies that the price is at +0.26% from its lowest and at -0.09% from its highest.

7.0729
7.0975
7.0914

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/SEK:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AUD/SEK indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.0567 7.0680 7.0889 7.0914 7.1047 7.1260 7.1430
Change (%) -0.49% -0.33% -0.04% - +0.19% +0.49% +0.73%
Change -0.0347 -0.0234 -0.0025 - +0.0133 +0.0346 +0.0516
Level Minor Intermediate Intermediate - Intermediate Major Intermediate



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
Standard7.03137.04867.07017.08747.10897.12627.1477
Camarilla7.08087.08447.08797.09157.09517.09867.1022
Woodie7.03337.04977.07217.08857.11097.12737.1497
Fibonacci7.04867.06357.07267.08747.10237.11147.1262


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.92666.96787.04807.08927.16947.21067.2908
Camarilla7.09497.10607.11727.12837.13947.15067.1617
Woodie6.94626.97767.06767.09907.18907.22047.3104
Fibonacci6.96787.01417.04287.08927.13557.16427.2106


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.79446.85746.98107.04407.16767.23067.3542
Camarilla7.05347.07057.08767.10477.12187.13897.1560
Woodie6.82486.87267.01147.05927.19807.24587.3846
Fibonacci6.85746.92876.97277.04407.11537.15937.2306

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): 53.45
MACD (12,26,9): -0.0013
Directional Movement: -6.4455
AROON (14): -78.5714
DEMA (21): 7.0862
Parabolic SAR (0,02-0,02-0,2): 7.0991
Elder Ray (13): -0.0010
Super Trend (3,10): 7.1010
Zig ZAG (10): 7.0934
VORTEX (21): 0.9701
Stochastique (14,3,5): 36.76
TEMA (21): 7.0857
Williams %R (14): -27.80
Chande Momentum Oscillator (20): -0.0017
Repulse (5,40,3): 0.2742
ROCnROLL: 1
TRIX (15,9): 0.0009
Courbe Coppock: 0.28
MA7: 7.0883
MA20: 7.0533
MA50: 7.0575
MA100: 7.0574
MAexp7: 7.0851
MAexp20: 7.0867
MAexp50: 7.0884
MAexp100: 7.0881
Price / MA7: +0.04%
Price / MA20: +0.54%
Price / MA50: +0.48%
Price / MA100: +0.48%
Price / MAexp7: +0.09%
Price / MAexp20: +0.07%
Price / MAexp50: +0.04%
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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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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