USD/DKK - 1H - Technical analysis published on 07/25/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Additional analysis
Quotes
USD/DKK rating 6.8830 DKK. On the day, this instrument lost -0.04% and was between 6.8725 DKK and 6.8920 DKK. This implies that the price is at +0.15% from its lowest and at -0.13% from its highest.A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this USD/DKK chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative 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
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 6.8394 | 6.8629 | 6.8803 | 6.8830 | 6.8918 | 6.8994 | 6.9842 |
Change (%) | -0.63% | -0.29% | -0.04% | - | +0.13% | +0.24% | +1.47% |
Change | -0.0436 | -0.0201 | -0.0027 | - | +0.0088 | +0.0164 | +0.1012 |
Level | Major | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 6.8464 | 6.8567 | 6.8712 | 6.8815 | 6.8960 | 6.9063 | 6.9208 |
Camarilla | 6.8789 | 6.8812 | 6.8834 | 6.8857 | 6.8880 | 6.8903 | 6.8925 |
Woodie | 6.8485 | 6.8578 | 6.8733 | 6.8826 | 6.8981 | 6.9074 | 6.9229 |
Fibonacci | 6.8567 | 6.8662 | 6.8720 | 6.8815 | 6.8910 | 6.8968 | 6.9063 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 6.7770 | 6.7952 | 6.8265 | 6.8447 | 6.8760 | 6.8942 | 6.9255 |
Camarilla | 6.8441 | 6.8486 | 6.8532 | 6.8577 | 6.8622 | 6.8668 | 6.8713 |
Woodie | 6.7835 | 6.7985 | 6.8330 | 6.8480 | 6.8825 | 6.8975 | 6.9320 |
Fibonacci | 6.7952 | 6.8141 | 6.8258 | 6.8447 | 6.8636 | 6.8753 | 6.8942 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 6.7055 | 6.7690 | 6.8662 | 6.9297 | 7.0269 | 7.0904 | 7.1876 |
Camarilla | 6.9191 | 6.9338 | 6.9486 | 6.9633 | 6.9780 | 6.9928 | 7.0075 |
Woodie | 6.7223 | 6.7774 | 6.8830 | 6.9381 | 7.0437 | 7.0988 | 7.2044 |
Fibonacci | 6.7690 | 6.8304 | 6.8684 | 6.9297 | 6.9911 | 7.0291 | 7.0904 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
RSI (14): | 50.93 | |
MACD (12,26,9): | 0.0001 | |
Directional Movement: | 6.5936 | |
AROON (14): | -21.4285 | |
DEMA (21): | 6.8816 | |
Parabolic SAR (0,02-0,02-0,2): | 6.8725 | |
Elder Ray (13): | 0.0031 | |
Super Trend (3,10): | 6.8726 | |
Zig ZAG (10): | 6.8821 | |
VORTEX (21): | 1.0096 | |
Stochastique (14,3,5): | 40.34 | |
TEMA (21): | 6.8797 | |
Williams %R (14): | -47.69 | |
Chande Momentum Oscillator (20): | -0.0033 | |
Repulse (5,40,3): | -0.0134 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0018 | |
Courbe Coppock: | 0.12 |
MA7: | 6.8600 | |
MA20: | 6.8810 | |
MA50: | 6.8990 | |
MA100: | 6.9077 | |
MAexp7: | 6.8806 | |
MAexp20: | 6.8808 | |
MAexp50: | 6.8770 | |
MAexp100: | 6.8693 | |
Price / MA7: | +0.34% | |
Price / MA20: | +0.03% | |
Price / MA50: | -0.23% | |
Price / MA100: | -0.36% | |
Price / MAexp7: | +0.03% | |
Price / MAexp20: | +0.03% | |
Price / MAexp50: | +0.09% | |
Price / MAexp100: | +0.20% |
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