AUD/NZD
AUD NZD
1.0784 NZD (-0.26%)
Real time data - Forex
Open: 1.0813
Change: -0.0028
Volume: 121,566
Low: 1.0766
High: 1.0821
High / Low range: 0.0055
Type: Forex
Ticker: AUDNZD
ISIN:

AUD/NZD - 1H - Technical analysis published on 09/16/2020

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  • Timeframe : 1H
  • - Analysis generated on 2020-09-16 15:42:50
  • Status : TARGET REACHED

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

Complete this analysis for another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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.

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:
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 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:

Central Indicators

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:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard1.08001.08291.08521.08811.09041.09331.0956
Camarilla1.08601.08651.08691.08741.08791.08841.0888
Woodie1.07961.08281.08481.08801.09001.09321.0952
Fibonacci1.08291.08491.08621.08811.09011.09141.0933


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07611.07991.08611.08991.09611.09991.1061
Camarilla1.08971.09061.09151.09241.09331.09421.0952
Woodie1.07741.08051.08741.09051.09741.10051.1074
Fibonacci1.07991.08371.08611.08991.09371.09611.0999


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): 45.38
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 - Real time data - 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:

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

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