AUD/NZD - 1H - Technical analysis published on 07/28/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.0708 NZD
My targets
1.0755 NZD (+0.0034)
1.0831 NZD (+0.0110)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/NZD as long as the price remains well above 1.0708 NZD. The buyers” bullish objective is set at 1.0755 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0831 NZD. If there is any crossing, the next objective would be the resistance located at 1.0987 NZD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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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
AUD/NZD rating 1.0721 NZD. The price has increased by +0.17% since the last closing with the lowest point at 1.0697 NZD and the highest point at 1.0726 NZD. The deviation from the price is +0.22% for the low point and -0.05% for the high point.1.0697
1.0726
1.0721
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/NZD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0688 | 1.0700 | 1.0708 | 1.0721 | 1.0728 | 1.0755 | 1.0831 |
| Change (%) | -0.31% | -0.20% | -0.12% | - | +0.07% | +0.32% | +1.03% |
| Change | -0.0033 | -0.0021 | -0.0013 | - | +0.0007 | +0.0034 | +0.0110 |
| Level | Minor | Intermediate | Minor | - | 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 | 1.0638 | 1.0654 | 1.0679 | 1.0695 | 1.0720 | 1.0736 | 1.0761 |
| Camarilla | 1.0692 | 1.0696 | 1.0699 | 1.0703 | 1.0707 | 1.0711 | 1.0714 |
| Woodie | 1.0642 | 1.0656 | 1.0683 | 1.0697 | 1.0724 | 1.0738 | 1.0765 |
| Fibonacci | 1.0654 | 1.0670 | 1.0680 | 1.0695 | 1.0711 | 1.0721 | 1.0736 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0550 | 1.0603 | 1.0650 | 1.0703 | 1.0750 | 1.0803 | 1.0850 |
| Camarilla | 1.0671 | 1.0680 | 1.0689 | 1.0698 | 1.0707 | 1.0716 | 1.0726 |
| Woodie | 1.0548 | 1.0602 | 1.0648 | 1.0702 | 1.0748 | 1.0802 | 1.0848 |
| Fibonacci | 1.0603 | 1.0641 | 1.0665 | 1.0703 | 1.0741 | 1.0765 | 1.0803 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0260 | 1.0421 | 1.0559 | 1.0720 | 1.0858 | 1.1019 | 1.1157 |
| Camarilla | 1.0615 | 1.0642 | 1.0670 | 1.0697 | 1.0724 | 1.0752 | 1.0779 |
| Woodie | 1.0249 | 1.0415 | 1.0548 | 1.0714 | 1.0847 | 1.1013 | 1.1146 |
| Fibonacci | 1.0421 | 1.0535 | 1.0606 | 1.0720 | 1.0834 | 1.0905 | 1.1019 |
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): | 69.38 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 14.9631 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 1.0710 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0687 | |
| Elder Ray (13): | 0.0018 | |
| Super Trend (3,10): | 1.0690 | |
| Zig ZAG (10): | 1.0723 | |
| VORTEX (21): | 1.1368 | |
| Stochastique (14,3,5): | 93.93 | |
| TEMA (21): | 1.0717 | |
| Williams %R (14): | -5.66 | |
| Chande Momentum Oscillator (20): | 0.0042 | |
| Repulse (5,40,3): | 0.1283 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0049 | |
| Courbe Coppock: | 0.54 |
| MA7: | 1.0708 | |
| MA20: | 1.0660 | |
| MA50: | 1.0689 | |
| MA100: | 1.0573 | |
| MAexp7: | 1.0713 | |
| MAexp20: | 1.0702 | |
| MAexp50: | 1.0698 | |
| MAexp100: | 1.0697 | |
| Price / MA7: | +0.12% | |
| Price / MA20: | +0.57% | |
| Price / MA50: | +0.30% | |
| Price / MA100: | +1.40% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.18% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.22% |
Quotes :
2020-07-28 05:15:36
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Real time data
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Forex
News
Don"t forget to follow the news on AUD/NZD. At the time of publication of this analysis, the latest news was as follows:
-
Australian Dollar Analysis: AUD/USD and AUD/NZD May Bounce Before Selloff Resumes
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EURUSD, USDJPY and AUDNZD Absorb ECB, Risk Trends, Key Data
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Technical Analysis for EUR/USD, USD/CAD, AUD/NZD & More
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Charts for Next Week – EUR/USD, USD/JPY, AUD/NZD & More
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Trading Outlook – USD, Euro, Pound, AUD/NZD and More
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