USD/DKK - 1H - Technical analysis published on 01/10/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 7.2082 DKK
My targets
7.2497 DKK (+0.0119)
7.2651 DKK (+0.0273)
My analysis
With a bullish background trend, the price of USD/DKK is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 7.2082 DKK. A bullish break in the resistance located at 7.2497 DKK would boost the bullish momentum and fuel the basic trend. Then the price could move towards 7.2651 DKK. Then 7.2952 DKK by extension. It would be safer to wait for a bullish break in the resistance located at 7.2497 DKK before allowing yourself to re trade long positions (at purchase) on USD/DKK. PS: if there is a bearish break in the support located at 7.2082 DKK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
1.1
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/DKK rating 7.2378 DKK. On the day, this instrument lost -0.11% with the lowest point at 7.2354 DKK and the highest point at 7.2567 DKK. The deviation from the price is +0.03% for the low point and -0.26% for the high point.7.2354
7.2567
7.2378
Here is a more detailed summary of the historical variations registered by USD/DKK:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of USD/DKK in 1H shows an overall bullish trend. 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 bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel 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 | 7.1879 | 7.2082 | 7.2306 | 7.2378 | 7.2497 | 7.2651 | 7.2952 |
| Change (%) | -0.69% | -0.41% | -0.10% | - | +0.16% | +0.38% | +0.79% |
| Change | -0.0499 | -0.0296 | -0.0072 | - | +0.0119 | +0.0273 | +0.0574 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.2051 | 7.2170 | 7.2314 | 7.2433 | 7.2577 | 7.2696 | 7.2840 |
| Camarilla | 7.2386 | 7.2410 | 7.2434 | 7.2458 | 7.2482 | 7.2506 | 7.2530 |
| Woodie | 7.2064 | 7.2176 | 7.2327 | 7.2439 | 7.2590 | 7.2702 | 7.2853 |
| Fibonacci | 7.2170 | 7.2271 | 7.2333 | 7.2433 | 7.2534 | 7.2596 | 7.2696 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.9832 | 7.0577 | 7.1462 | 7.2207 | 7.3092 | 7.3837 | 7.4722 |
| Camarilla | 7.1899 | 7.2048 | 7.2198 | 7.2347 | 7.2496 | 7.2646 | 7.2795 |
| Woodie | 6.9902 | 7.0612 | 7.1532 | 7.2242 | 7.3162 | 7.3872 | 7.4792 |
| Fibonacci | 7.0577 | 7.1200 | 7.1584 | 7.2207 | 7.2830 | 7.3214 | 7.3837 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.8780 | 6.9473 | 7.0746 | 7.1439 | 7.2712 | 7.3405 | 7.4678 |
| Camarilla | 7.1479 | 7.1660 | 7.1840 | 7.2020 | 7.2200 | 7.2380 | 7.2561 |
| Woodie | 6.9071 | 6.9618 | 7.1037 | 7.1584 | 7.3003 | 7.3550 | 7.4969 |
| Fibonacci | 6.9473 | 7.0224 | 7.0688 | 7.1439 | 7.2190 | 7.2654 | 7.3405 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.95 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | -2.2909 | |
| AROON (14): | -7.1429 | |
| DEMA (21): | 7.2459 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.2379 | |
| Elder Ray (13): | -0.0021 | |
| Super Trend (3,10): | 7.2362 | |
| Zig ZAG (10): | 7.2418 | |
| VORTEX (21): | 1.0297 | |
| Stochastique (14,3,5): | 33.65 | |
| TEMA (21): | 7.2437 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | -0.0041 | |
| Repulse (5,40,3): | -0.0032 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0042 | |
| Courbe Coppock: | 0.01 |
| MA7: | 7.2310 | |
| MA20: | 7.1809 | |
| MA50: | 7.0917 | |
| MA100: | 6.9319 | |
| MAexp7: | 7.2433 | |
| MAexp20: | 7.2440 | |
| MAexp50: | 7.2377 | |
| MAexp100: | 7.2278 | |
| Price / MA7: | +0.09% | |
| Price / MA20: | +0.79% | |
| Price / MA50: | +2.06% | |
| Price / MA100: | +4.41% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | +0.14% |
Quotes :
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Real time data
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Forex
News
The latest news and videos published on USD/DKK at the time of the analysis were as follows:
USD/DKK Forecast September 11, 2024This member declared not having a position on this financial instrument or a related financial instrument.
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