AUD/NZD - Daily - Technical analysis published on 09/13/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 1.0831 NZD
My targets
1.0987 NZD (+0.0074)
1.1159 NZD (+0.0246)
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 1.0831 NZD. The buyers” bullish objective 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. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
5.5
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This analysis was given by IJD Holdings. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/NZD rating is 1.0913 NZD. The price is lower by -0.10% since the last closing and was traded between 1.0911 NZD and 1.0933 NZD over the period. The price is currently at +0.02% from its lowest and -0.18% from its highest.1.0911
1.0933
1.0913
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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
A technical analysis in Daily of this AUD/NZD chart shows a strongly bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0515 | 1.0708 | 1.0831 | 1.0913 | 1.0987 | 1.1159 | 1.1274 |
| Change (%) | -3.65% | -1.88% | -0.75% | - | +0.68% | +2.25% | +3.31% |
| Change | -0.0398 | -0.0205 | -0.0082 | - | +0.0074 | +0.0246 | +0.0361 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0881 | 1.0893 | 1.0908 | 1.0920 | 1.0935 | 1.0947 | 1.0962 |
| Camarilla | 1.0917 | 1.0919 | 1.0922 | 1.0924 | 1.0927 | 1.0929 | 1.0931 |
| Woodie | 1.0884 | 1.0894 | 1.0911 | 1.0921 | 1.0938 | 1.0948 | 1.0965 |
| Fibonacci | 1.0893 | 1.0903 | 1.0909 | 1.0920 | 1.0930 | 1.0936 | 1.0947 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0761 | 1.0799 | 1.0861 | 1.0899 | 1.0961 | 1.0999 | 1.1061 |
| Camarilla | 1.0897 | 1.0906 | 1.0915 | 1.0924 | 1.0933 | 1.0942 | 1.0952 |
| Woodie | 1.0774 | 1.0805 | 1.0874 | 1.0905 | 1.0974 | 1.1005 | 1.1074 |
| Fibonacci | 1.0799 | 1.0837 | 1.0861 | 1.0899 | 1.0937 | 1.0961 | 1.0999 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0443 | 1.0580 | 1.0769 | 1.0906 | 1.1095 | 1.1232 | 1.1421 |
| Camarilla | 1.0867 | 1.0897 | 1.0927 | 1.0957 | 1.0987 | 1.1017 | 1.1047 |
| Woodie | 1.0468 | 1.0593 | 1.0794 | 1.0919 | 1.1120 | 1.1245 | 1.1446 |
| Fibonacci | 1.0580 | 1.0705 | 1.0782 | 1.0906 | 1.1031 | 1.1108 | 1.1232 |
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): | 53.82 | |
| MACD (12,26,9): | 0.0016 | |
| Directional Movement: | 7.7169 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.0926 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0820 | |
| Elder Ray (13): | 0.0018 | |
| Super Trend (3,10): | 1.0820 | |
| Zig ZAG (10): | 1.0916 | |
| VORTEX (21): | 0.9959 | |
| Stochastique (14,3,5): | 57.25 | |
| TEMA (21): | 1.0905 | |
| Williams %R (14): | -45.36 | |
| Chande Momentum Oscillator (20): | -0.0024 | |
| Repulse (5,40,3): | 0.1652 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0317 | |
| Courbe Coppock: | 1.23 |
| MA7: | 1.0897 | |
| MA20: | 1.0923 | |
| MA50: | 1.0820 | |
| MA100: | 1.0758 | |
| MAexp7: | 1.0907 | |
| MAexp20: | 1.0899 | |
| MAexp50: | 1.0841 | |
| MAexp100: | 1.0757 | |
| Price / MA7: | +0.15% | |
| Price / MA20: | -0.09% | |
| Price / MA50: | +0.86% | |
| Price / MA100: | +1.44% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.66% | |
| Price / MAexp100: | +1.45% |
Quotes :
2020-09-13 23:20:29
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Real time data
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Forex
News
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This member declared not having a position on this financial instrument or a related financial instrument.
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