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AUD/NZD
AUD NZD
- NZD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDNZD
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AUD/NZD - 1H - Technical analysis published on 08/28/2020 (GMT)

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Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 1.0961 NZD
My targets
1.0898 NZD (-0.0040)
1.0831 NZD (-0.0107)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.0961 NZD remains possible. It is advisable to trade AUD/NZD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.0961 NZD. The next bearish objective for sellers is set at 1.0898 NZD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0831 NZD. In case of crossing, the next objective would be the support located at 1.0709 NZD. PS: if there is a bullish break in the resistance located at 1.0961 NZD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
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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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/NZD price is 1.0938 NZD. The price registered a decrease of -0.02% on the session and was traded between 1.0926 NZD and 1.0949 NZD over the period. The price is currently at +0.11% from its lowest and -0.10% from its highest.

1.0926
1.0949
1.0938

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0831 1.0898 1.0930 1.0938 1.0961 1.0987 1.1001
Change (%) -0.98% -0.37% -0.07% - +0.21% +0.45% +0.58%
Change -0.0107 -0.0040 -0.0008 - +0.0023 +0.0049 +0.0063
Level Major Minor Intermediate - Minor Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.08651.08811.09111.09271.09571.09731.1003
Camarilla1.09271.09321.09361.09401.09441.09481.0953
Woodie1.08711.08851.09171.09311.09631.09771.1009
Fibonacci1.08811.08991.09101.09271.09451.09561.0973


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07911.08601.09051.09741.10191.10881.1133
Camarilla1.09181.09281.09391.09491.09591.09701.0980
Woodie1.07781.08541.08921.09681.10061.10821.1120
Fibonacci1.08601.09041.09311.09741.10181.10451.1088


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.03921.04791.06271.07141.08621.09491.1097
Camarilla1.07101.07321.07541.07751.07971.08181.0840
Woodie1.04231.04941.06581.07291.08931.09641.1128
Fibonacci1.04791.05691.06241.07141.08041.08591.0949

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): 55.87
MACD (12,26,9): 0.0001
Directional Movement: 6.6453
AROON (14): 50.0000
DEMA (21): 1.0935
Parabolic SAR (0,02-0,02-0,2): 1.0926
Elder Ray (13): 0.0006
Super Trend (3,10): 1.0949
Zig ZAG (10): 1.0942
VORTEX (21): 1.0370
Stochastique (14,3,5): 78.57
TEMA (21): 1.0942
Williams %R (14): -21.43
Chande Momentum Oscillator (20): 0.0005
Repulse (5,40,3): -0.0082
ROCnROLL: -1
TRIX (15,9): -0.0006
Courbe Coppock: 0.12
MA7: 1.0963
MA20: 1.0912
MA50: 1.0773
MA100: 1.0723
MAexp7: 1.0939
MAexp20: 1.0935
MAexp50: 1.0942
MAexp100: 1.0952
Price / MA7: -0.23%
Price / MA20: +0.24%
Price / MA50: +1.53%
Price / MA100: +2.01%
Price / MAexp7: -0.01%
Price / MAexp20: +0.03%
Price / MAexp50: -0.04%
Price / MAexp100: -0.13%

Quotes : 2020-08-28 06:13:42 - Real time data - Forex

News


The latest news and videos published on AUD/NZD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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