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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
ISIN:

AUD/NZD - Daily - Technical analysis published on 09/05/2020 (GMT)

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Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
17%
50%
33%
My opinion
Bullish above 1.0708 NZD
My targets
1.0987 NZD (+0.0151)
1.1159 NZD (+0.0323)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.0708 NZD remains possible. It is advisable to trade AUD/NZD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.0708 NZD. The next bullish objective for buyers is set at 1.0987 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1159 NZD. If there is any crossing, the next objective would be the resistance located at 1.1274 NZD. PS: if there is a bearish break in the support located at 1.0708 NZD 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.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.4

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.

hsokkar
This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AUD/NZD rating is 1.0836 NZD. The price is lower by -0.07% since the last closing and was traded between 1.0824 NZD and 1.0857 NZD over the period. The price is currently at +0.11% from its lowest and -0.19% from its highest.

1.0824
1.0857
1.0836

Here is a more detailed summary of the historical variations registered by AUD/NZD:
The study of the highest / lowest by the Central Records scanner shows the following results:

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 this Daily chart of AUD/NZD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0515 1.0708 1.0831 1.0836 1.0987 1.1159 1.1274
Change (%) -2.96% -1.18% -0.05% - +1.39% +2.98% +4.04%
Change -0.0321 -0.0128 -0.0005 - +0.0151 +0.0323 +0.0438
Level Major Intermediate Major - Major Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07741.07951.08191.08401.08641.08851.0909
Camarilla1.08321.08361.08401.08441.08481.08521.0856
Woodie1.07771.07961.08221.08411.08671.08861.0912
Fibonacci1.07951.08121.08231.08401.08571.08681.0885


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07751.08371.08801.09421.09851.10471.1090
Camarilla1.08951.09051.09141.09241.09341.09431.0953
Woodie1.07671.08321.08721.09371.09771.10421.1082
Fibonacci1.08371.08771.09021.09421.09821.10071.1047


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.04431.05801.07691.09061.10951.12321.1421
Camarilla1.08671.08971.09271.09571.09871.10171.1047
Woodie1.04681.05931.07941.09191.11201.12451.1446
Fibonacci1.05801.07051.07821.09061.10311.11081.1232

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 45.00
MACD (12,26,9): 0.0018
Directional Movement: -1.8908
AROON (14): -85.7142
DEMA (21): 1.0928
Parabolic SAR (0,02-0,02-0,2): 1.0982
Elder Ray (13): -0.0057
Super Trend (3,10): 1.0820
Zig ZAG (10): 1.0836
VORTEX (21): 1.0129
Stochastique (14,3,5): 9.35
TEMA (21): 1.0901
Williams %R (14): -90.83
Chande Momentum Oscillator (20): -0.0118
Repulse (5,40,3): -0.5148
ROCnROLL: -1
TRIX (15,9): 0.0613
Courbe Coppock: 0.89
MA7: 1.0891
MA20: 1.0927
MA50: 1.0790
MA100: 1.0740
MAexp7: 1.0879
MAexp20: 1.0891
MAexp50: 1.0823
MAexp100: 1.0738
Price / MA7: -0.51%
Price / MA20: -0.83%
Price / MA50: +0.43%
Price / MA100: +0.89%
Price / MAexp7: -0.40%
Price / MAexp20: -0.51%
Price / MAexp50: +0.12%
Price / MAexp100: +0.91%

Quotes : 2020-09-04 20:59:57 - Real time data - Forex

News


The last news published on AUD/NZD at the time of the generation of this analysis was as follows:

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

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Londinia
Londinia AI

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