EUR/NOK - 1H - Technical analysis published on 10/04/2019 (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
Court terme:
Bearish
De fond:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 9.9998 NOK
My targets
10.0254 NOK (+0.21%)
10.0407 NOK (+0.36%)
My analysis
The basic trend is bullish on EUR/NOK and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 9.9998 NOK. Sellers would then use the next support located at 9.9676 NOK as an objective. Crossing it would then enable sellers to target 9.9501 NOK. If there is a return to above the resistance located at 10.0254 NOK, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 10.0407 NOK and 10.0585 NOK by extension.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
0.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/NOK price is 10.0044 NOK. The price is lower by -0.02% since the last closing with the lowest point at 9.9966 NOK and the highest point at 10.0083 NOK. The deviation from the price is +0.08% for the low point and -0.04% for the high point.9.9966
10.0083
10.0044
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 EUR/NOK:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EUR/NOK indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
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 | 9.9501 | 9.9676 | 9.9998 | 10.0044 | 10.0254 | 10.0407 | 10.0585 |
| Change (%) | -0.54% | -0.37% | -0.05% | - | +0.21% | +0.36% | +0.54% |
| Change | -0.0543 | -0.0368 | -0.0046 | - | +0.0210 | +0.0363 | +0.0541 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.9368 | 9.9645 | 9.9854 | 10.0131 | 10.0340 | 10.0617 | 10.0826 |
| Camarilla | 9.9930 | 9.9975 | 10.0019 | 10.0064 | 10.0109 | 10.0153 | 10.0198 |
| Woodie | 9.9335 | 9.9628 | 9.9821 | 10.0114 | 10.0307 | 10.0600 | 10.0793 |
| Fibonacci | 9.9645 | 9.9830 | 9.9945 | 10.0131 | 10.0316 | 10.0431 | 10.0617 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.7816 | 9.8389 | 9.8849 | 9.9422 | 9.9882 | 10.0455 | 10.0915 |
| Camarilla | 9.9025 | 9.9120 | 9.9214 | 9.9309 | 9.9404 | 9.9498 | 9.9593 |
| Woodie | 9.7760 | 9.8361 | 9.8793 | 9.9394 | 9.9826 | 10.0427 | 10.0859 |
| Fibonacci | 9.8389 | 9.8784 | 9.9027 | 9.9422 | 9.9817 | 10.0060 | 10.0455 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.5901 | 9.7028 | 9.8105 | 9.9232 | 10.0309 | 10.1436 | 10.2513 |
| Camarilla | 9.8577 | 9.8779 | 9.8981 | 9.9183 | 9.9385 | 9.9587 | 9.9789 |
| Woodie | 9.5877 | 9.7016 | 9.8081 | 9.9220 | 10.0285 | 10.1424 | 10.2489 |
| Fibonacci | 9.7028 | 9.7870 | 9.8390 | 9.9232 | 10.0074 | 10.0594 | 10.1436 |
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): | 48.47 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | 6.1459 | |
| AROON (14): | -57.1428 | |
| DEMA (21): | 10.0064 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.0221 | |
| Elder Ray (13): | -0.0039 | |
| Super Trend (3,10): | 9.9898 | |
| Zig ZAG (10): | 10.0019 | |
| VORTEX (21): | 0.9466 | |
| Stochastique (14,3,5): | 18.85 | |
| TEMA (21): | 10.0020 | |
| Williams %R (14): | -78.23 | |
| Chande Momentum Oscillator (20): | -0.0028 | |
| Repulse (5,40,3): | 0.0335 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0014 | |
| Courbe Coppock: | 0.13 |
| MA7: | 9.9657 | |
| MA20: | 9.9265 | |
| MA50: | 9.9419 | |
| MA100: | 9.8271 | |
| MAexp7: | 10.0039 | |
| MAexp20: | 10.0054 | |
| MAexp50: | 9.9985 | |
| MAexp100: | 9.9815 | |
| Price / MA7: | +0.39% | |
| Price / MA20: | +0.78% | |
| Price / MA50: | +0.63% | |
| Price / MA100: | +1.80% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.23% |
This member declared not having a position on this financial instrument or a related financial instrument.
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