AUD/NZD - 1H - Technical analysis published on 08/25/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
17%
39%
44%
My opinion
Bearish under 1.0987 NZD
My targets
1.0929 NZD (-0.0038)
1.0907 NZD (-0.0060)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on AUD/NZD as long as the price remains well below 1.0987 NZD. The next bearish objective for sellers is set at 1.0929 NZD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0907 NZD. In case of crossing, the next objective would be the support located at 1.0831 NZD.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
3.2
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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 1.0967 NZD. The price registered a decrease of -0.16% on the session and was traded between 1.0963 NZD and 1.1001 NZD over the period. The price is currently at +0.04% from its lowest and -0.31% from its highest.1.0963
1.1001
1.0967
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/NZD in 1H shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0907 | 1.0929 | 1.0957 | 1.0967 | 1.0987 | 1.1003 | 1.1018 |
| Change (%) | -0.55% | -0.35% | -0.09% | - | +0.18% | +0.33% | +0.47% |
| Change | -0.0060 | -0.0038 | -0.0010 | - | +0.0020 | +0.0036 | +0.0051 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0893 | 1.0918 | 1.0952 | 1.0977 | 1.1011 | 1.1036 | 1.1070 |
| Camarilla | 1.0969 | 1.0974 | 1.0980 | 1.0985 | 1.0990 | 1.0996 | 1.1001 |
| Woodie | 1.0897 | 1.0920 | 1.0956 | 1.0979 | 1.1015 | 1.1038 | 1.1074 |
| Fibonacci | 1.0918 | 1.0941 | 1.0955 | 1.0977 | 1.1000 | 1.1014 | 1.1036 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0791 | 1.0860 | 1.0905 | 1.0974 | 1.1019 | 1.1088 | 1.1133 |
| Camarilla | 1.0918 | 1.0928 | 1.0939 | 1.0949 | 1.0959 | 1.0970 | 1.0980 |
| Woodie | 1.0778 | 1.0854 | 1.0892 | 1.0968 | 1.1006 | 1.1082 | 1.1120 |
| Fibonacci | 1.0860 | 1.0904 | 1.0931 | 1.0974 | 1.1018 | 1.1045 | 1.1088 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0392 | 1.0479 | 1.0627 | 1.0714 | 1.0862 | 1.0949 | 1.1097 |
| Camarilla | 1.0710 | 1.0732 | 1.0754 | 1.0775 | 1.0797 | 1.0818 | 1.0840 |
| Woodie | 1.0423 | 1.0494 | 1.0658 | 1.0729 | 1.0893 | 1.0964 | 1.1128 |
| Fibonacci | 1.0479 | 1.0569 | 1.0624 | 1.0714 | 1.0804 | 1.0859 | 1.0949 |
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): | 50.35 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | -0.6761 | |
| AROON (14): | -21.4285 | |
| DEMA (21): | 1.0980 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0998 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 1.0958 | |
| Zig ZAG (10): | 1.0975 | |
| VORTEX (21): | 1.0649 | |
| Stochastique (14,3,5): | 32.43 | |
| TEMA (21): | 1.0978 | |
| Williams %R (14): | -70.27 | |
| Chande Momentum Oscillator (20): | -0.0010 | |
| Repulse (5,40,3): | -0.0333 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0023 | |
| Courbe Coppock: | 0.03 |
| MA7: | 1.0980 | |
| MA20: | 1.0886 | |
| MA50: | 1.0756 | |
| MA100: | 1.0707 | |
| MAexp7: | 1.0976 | |
| MAexp20: | 1.0978 | |
| MAexp50: | 1.0977 | |
| MAexp100: | 1.0975 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | +0.74% | |
| Price / MA50: | +1.96% | |
| Price / MA100: | +2.43% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.07% |
Quotes :
2020-08-25 13:16:24
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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:
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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
This member declared not having a position on this financial instrument or a related financial instrument.
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