EUR/SEK

- SEK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURSEK
ISIN:

EUR/SEK - 1H - Technical analysis published on 12/18/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Neutral

Technical indicators

17%

33%

50%

My opinion

Neutral between 11.4802 SEK and 11.5290 SEK

My targets

My analysis

There is no basic trend on EUR/SEK and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 11.5290 SEK. The nearest support is located at 11.4802 SEK. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

Comment on the analysis

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:

Additional analysis

Quotes

The EUR/SEK price is 11.4984 SEK. On the day, this instrument lost -0.01% and was traded between 11.4842 SEK and 11.5117 SEK over the period. The price is currently at +0.12% from its lowest and -0.12% from its highest.

11.4842

11.5117

11.4984

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by EUR/SEK:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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

Technical

Technical analysis of EUR/SEK in 1H shows a neutral overall trend. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 9 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

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 a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.4468	11.4581	11.4802	11.4984	11.5004	11.5290	11.5394
Change (%)	-0.45%	-0.35%	-0.16%	-	+0.02%	+0.27%	+0.36%
Change	-0.0516	-0.0403	-0.0182	-	+0.0020	+0.0306	+0.0410
Level	Minor	Intermediate	Intermediate	-	Intermediate	Minor	Minor

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	11.3886	11.4140	11.4565	11.4819	11.5244	11.5498	11.5923
Camarilla	11.4803	11.4866	11.4928	11.4990	11.5052	11.5115	11.5177
Woodie	11.3972	11.4183	11.4651	11.4862	11.5330	11.5541	11.6009
Fibonacci	11.4140	11.4399	11.4560	11.4819	11.5078	11.5239	11.5498

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.4092	11.4447	11.4888	11.5243	11.5684	11.6039	11.6480
Camarilla	11.5109	11.5182	11.5255	11.5328	11.5401	11.5474	11.5547
Woodie	11.4134	11.4469	11.4930	11.5265	11.5726	11.6061	11.6522
Fibonacci	11.4447	11.4751	11.4939	11.5243	11.5547	11.5735	11.6039

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.2055	11.3448	11.4323	11.5716	11.6591	11.7984	11.8859
Camarilla	11.4573	11.4781	11.4989	11.5197	11.5405	11.5613	11.5821
Woodie	11.1795	11.3319	11.4063	11.5587	11.6331	11.7855	11.8599
Fibonacci	11.3448	11.4315	11.4850	11.5716	11.6583	11.7118	11.7984

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):	56.59
MACD (12,26,9):	0.0052
Directional Movement:	2.6927
AROON (14):	-7.1429
DEMA (21):	11.5013
Parabolic SAR (0,02-0,02-0,2):	11.5106
Elder Ray (13):	-0.0010
Super Trend (3,10):	11.4798
Zig ZAG (10):	11.4983
VORTEX (21):	1.0873
Stochastique (14,3,5):	35.03
TEMA (21):	11.5043
Williams %R (14):	-59.27
Chande Momentum Oscillator (20):	-0.0003
Repulse (5,40,3):	-0.0211
ROCnROLL:	1
TRIX (15,9):	0.0093
Courbe Coppock:	0.05

MA7:	11.5107
MA20:	11.5237
MA50:	11.5187
MA100:	11.4589
MAexp7:	11.4970
MAexp20:	11.4942
MAexp50:	11.4906
MAexp100:	11.4975
Price / MA7:	-0.11%
Price / MA20:	-0.22%
Price / MA50:	-0.18%
Price / MA100:	+0.34%
Price / MAexp7:	+0.01%
Price / MAexp20:	+0.04%
Price / MAexp50:	+0.07%
Price / MAexp100:	+0.01%

Quotes : - Real time data - Forex

News

The latest news and videos published on EUR/SEK at the time of the analysis were as follows:

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

About author

Londinia AI

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