AUD/NZD - 1H - Technical analysis published on 10/07/2020 (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 bullish
De fond:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.0787 NZD
My targets
1.0850 NZD (+0.0028)
1.0925 NZD (+0.0103)
My analysis
AUD/NZD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.0787 NZD. The next resistance located at 1.0850 NZD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.0925 NZD. After this resistance, buyers could then target 1.1015 NZD.
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
7.5
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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
The AUD/NZD price is 1.0822 NZD. The price registered an increase of +0.32% on the session with the lowest point at 1.0785 NZD and the highest point at 1.0824 NZD. The deviation from the price is +0.34% for the low point and -0.02% for the high point.1.0785
1.0824
1.0822
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
Technical analysis of AUD/NZD in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1.0771 | 1.0787 | 1.0812 | 1.0822 | 1.0831 | 1.0850 | 1.0925 |
| Change (%) | -0.47% | -0.32% | -0.09% | - | +0.08% | +0.26% | +0.95% |
| Change | -0.0051 | -0.0035 | -0.0010 | - | +0.0009 | +0.0028 | +0.0103 |
| Level | Major | Minor | Minor | - | Major | Intermediate | Minor |
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 | 1.0684 | 1.0722 | 1.0755 | 1.0793 | 1.0826 | 1.0864 | 1.0897 |
| Camarilla | 1.0769 | 1.0775 | 1.0782 | 1.0788 | 1.0795 | 1.0801 | 1.0808 |
| Woodie | 1.0682 | 1.0721 | 1.0753 | 1.0792 | 1.0824 | 1.0863 | 1.0895 |
| Fibonacci | 1.0722 | 1.0749 | 1.0766 | 1.0793 | 1.0820 | 1.0837 | 1.0864 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0606 | 1.0666 | 1.0729 | 1.0789 | 1.0852 | 1.0912 | 1.0975 |
| Camarilla | 1.0757 | 1.0768 | 1.0780 | 1.0791 | 1.0802 | 1.0814 | 1.0825 |
| Woodie | 1.0607 | 1.0667 | 1.0730 | 1.0790 | 1.0853 | 1.0913 | 1.0976 |
| Fibonacci | 1.0666 | 1.0713 | 1.0742 | 1.0789 | 1.0836 | 1.0865 | 1.0912 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0462 | 1.0590 | 1.0705 | 1.0833 | 1.0948 | 1.1076 | 1.1191 |
| Camarilla | 1.0754 | 1.0777 | 1.0799 | 1.0821 | 1.0843 | 1.0866 | 1.0888 |
| Woodie | 1.0457 | 1.0587 | 1.0700 | 1.0830 | 1.0943 | 1.1073 | 1.1186 |
| Fibonacci | 1.0590 | 1.0683 | 1.0740 | 1.0833 | 1.0926 | 1.0983 | 1.1076 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 69.89 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 16.2693 | |
| AROON (14): | 71.4286 | |
| DEMA (21): | 1.0803 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0788 | |
| Elder Ray (13): | 0.0017 | |
| Super Trend (3,10): | 1.0781 | |
| Zig ZAG (10): | 1.0822 | |
| VORTEX (21): | 1.1917 | |
| Stochastique (14,3,5): | 92.41 | |
| TEMA (21): | 1.0805 | |
| Williams %R (14): | -2.22 | |
| Chande Momentum Oscillator (20): | 0.0020 | |
| Repulse (5,40,3): | 0.1503 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0007 | |
| Courbe Coppock: | 0.50 |
| MA7: | 1.0807 | |
| MA20: | 1.0824 | |
| MA50: | 1.0866 | |
| MA100: | 1.0778 | |
| MAexp7: | 1.0806 | |
| MAexp20: | 1.0798 | |
| MAexp50: | 1.0797 | |
| MAexp100: | 1.0798 | |
| Price / MA7: | +0.14% | |
| Price / MA20: | -0.02% | |
| Price / MA50: | -0.40% | |
| Price / MA100: | +0.41% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | +0.21% |
Quotes :
2020-10-07 07:21:12
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Real time data
-
Forex
News
The last news published on AUD/NZD at the time of the generation of this analysis 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
This member declared not having a position on this financial instrument or a related financial instrument.
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