AUD/NZD - 1H - Technical analysis published on 09/16/2020 (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 bearish
De fond:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 1.0876 NZD
My targets
1.0831 NZD (-0.0031)
1.0761 NZD (-0.0101)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/NZD as long as the price remains well below 1.0876 NZD. The sellers” bearish objective is set at 1.0831 NZD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0761 NZD. In case of crossing, the next objective would be the support located at 1.0515 NZD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
7.1
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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 1.0862 NZD. The price is lower by -0.11% since the last closing and was traded between 1.0857 NZD and 1.0883 NZD over the period. The price is currently at +0.05% from its lowest and -0.19% from its highest.1.0857
1.0883
1.0862
Here is a more detailed summary of the historical variations registered by AUD/NZD:
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 a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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:
Support of triangle is broken
Type : Bearish
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 | 1.0515 | 1.0831 | 1.0857 | 1.0862 | 1.0876 | 1.0887 | 1.0911 |
| Change (%) | -3.19% | -0.29% | -0.05% | - | +0.13% | +0.23% | +0.45% |
| Change | -0.0347 | -0.0031 | -0.0005 | - | +0.0014 | +0.0025 | +0.0049 |
| Level | Intermediate | Major | Major | - | Minor | Minor | Intermediate |
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 | 1.0800 | 1.0829 | 1.0852 | 1.0881 | 1.0904 | 1.0933 | 1.0956 |
| Camarilla | 1.0860 | 1.0865 | 1.0869 | 1.0874 | 1.0879 | 1.0884 | 1.0888 |
| Woodie | 1.0796 | 1.0828 | 1.0848 | 1.0880 | 1.0900 | 1.0932 | 1.0952 |
| Fibonacci | 1.0829 | 1.0849 | 1.0862 | 1.0881 | 1.0901 | 1.0914 | 1.0933 |
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): | 45.38 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -5.6536 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.0868 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0878 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 1.0899 | |
| Zig ZAG (10): | 1.0864 | |
| VORTEX (21): | 0.9364 | |
| Stochastique (14,3,5): | 31.00 | |
| TEMA (21): | 1.0866 | |
| Williams %R (14): | -76.92 | |
| Chande Momentum Oscillator (20): | -0.0013 | |
| Repulse (5,40,3): | -0.0553 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0039 | |
| Courbe Coppock: | 0.13 |
| MA7: | 1.0894 | |
| MA20: | 1.0912 | |
| MA50: | 1.0830 | |
| MA100: | 1.0761 | |
| MAexp7: | 1.0868 | |
| MAexp20: | 1.0872 | |
| MAexp50: | 1.0878 | |
| MAexp100: | 1.0883 | |
| Price / MA7: | -0.29% | |
| Price / MA20: | -0.46% | |
| Price / MA50: | +0.30% | |
| Price / MA100: | +0.94% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.18% |
Quotes :
2020-09-16 15:42:49
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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
-
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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