GBP/SEK - 1H - Technical analysis published on 08/18/2022 (GMT)
- 191
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
22%
56%
My opinion
Bullish above 12.4977 SEK
My targets
12.5828 SEK (+0.0629)
12.7172 SEK (+0.1973)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GBP/SEK. As long as you are above the support located at 12.4977 SEK, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 12.5828 SEK would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 12.7172 SEK as an objective. Crossing it would then enable buyers to target 12.8403 SEK. If the support 12.4977 SEK were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.5
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
GBP/SEK rating 12.5199 SEK. The price is lower by -0.01% since the last closing and was between 12.5138 SEK and 12.5279 SEK. This implies that the price is at +0.05% from its lowest and at -0.06% from its highest.12.5138
12.5279
12.5199
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GBP/SEK chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.3153 | 12.4129 | 12.4977 | 12.5199 | 12.5309 | 12.5828 | 12.7172 |
| Change (%) | -1.63% | -0.85% | -0.18% | - | +0.09% | +0.50% | +1.58% |
| Change | -0.2046 | -0.1070 | -0.0222 | - | +0.0110 | +0.0629 | +0.1973 |
| Level | Minor | Major | Major | - | Minor | Intermediate | Major |
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 | 12.4029 | 12.4513 | 12.4860 | 12.5344 | 12.5691 | 12.6175 | 12.6522 |
| Camarilla | 12.4979 | 12.5055 | 12.5131 | 12.5207 | 12.5283 | 12.5359 | 12.5436 |
| Woodie | 12.3961 | 12.4479 | 12.4792 | 12.5310 | 12.5623 | 12.6141 | 12.6454 |
| Fibonacci | 12.4513 | 12.4830 | 12.5027 | 12.5344 | 12.5661 | 12.5858 | 12.6175 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.1085 | 12.1686 | 12.2782 | 12.3383 | 12.4479 | 12.5080 | 12.6176 |
| Camarilla | 12.3410 | 12.3566 | 12.3721 | 12.3877 | 12.4033 | 12.4188 | 12.4344 |
| Woodie | 12.1332 | 12.1810 | 12.3029 | 12.3507 | 12.4726 | 12.5204 | 12.6423 |
| Fibonacci | 12.1686 | 12.2335 | 12.2735 | 12.3383 | 12.4032 | 12.4432 | 12.5080 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.3514 | 11.7495 | 12.0568 | 12.4549 | 12.7622 | 13.1603 | 13.4676 |
| Camarilla | 12.1700 | 12.2347 | 12.2993 | 12.3640 | 12.4287 | 12.4933 | 12.5580 |
| Woodie | 11.3059 | 11.7268 | 12.0113 | 12.4322 | 12.7167 | 13.1376 | 13.4221 |
| Fibonacci | 11.7495 | 12.0190 | 12.1855 | 12.4549 | 12.7244 | 12.8909 | 13.1603 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.25 | |
| MACD (12,26,9): | 0.0011 | |
| Directional Movement: | 5.3735 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 12.5274 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.5351 | |
| Elder Ray (13): | -0.0013 | |
| Super Trend (3,10): | 12.4979 | |
| Zig ZAG (10): | 12.5206 | |
| VORTEX (21): | 1.0407 | |
| Stochastique (14,3,5): | 26.15 | |
| TEMA (21): | 12.5183 | |
| Williams %R (14): | -70.14 | |
| Chande Momentum Oscillator (20): | -0.0017 | |
| Repulse (5,40,3): | 0.0118 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0044 | |
| Courbe Coppock: | 0.37 |
| MA7: | 12.4232 | |
| MA20: | 12.3788 | |
| MA50: | 12.4188 | |
| MA100: | 12.3872 | |
| MAexp7: | 12.5215 | |
| MAexp20: | 12.5235 | |
| MAexp50: | 12.5047 | |
| MAexp100: | 12.4607 | |
| Price / MA7: | +0.78% | |
| Price / MA20: | +1.14% | |
| Price / MA50: | +0.81% | |
| Price / MA100: | +1.07% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +0.48% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis GBP/SEK - 1H