AUD/NZD - 1H - Technical analysis published on 11/02/2020 (GMT)
- 132
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 1.0632 NZD
My targets
1.0595 NZD (-0.0018)
1.0515 NZD (-0.0098)
My analysis
There is a bearish trend on AUD/NZD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1.0632 NZD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1.0595 NZD. Then the price could move towards 1.0515 NZD. Then 1.0413 NZD by extension. Be careful, a return to above the resistance 1.0632 NZD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/NZD rating 1.0613 NZD. The price registered a decrease of -0.10% on the session and was traded between 1.0602 NZD and 1.0634 NZD over the period. The price is currently at +0.10% from its lowest and -0.20% from its highest.1.0602
1.0634
1.0613
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/NZD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/NZD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support 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 | 1.0595 | 1.0609 | 1.0613 | 1.0621 | 1.0632 | 1.0660 |
| Change (%) | -0.92% | -0.17% | -0.04% | - | +0.08% | +0.18% | +0.44% |
| Change | -0.0098 | -0.0018 | -0.0004 | - | +0.0008 | +0.0019 | +0.0047 |
| Level | Major | Major | Minor | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0561 | 1.0578 | 1.0601 | 1.0618 | 1.0641 | 1.0658 | 1.0681 |
| Camarilla | 1.0613 | 1.0617 | 1.0620 | 1.0624 | 1.0628 | 1.0631 | 1.0635 |
| Woodie | 1.0564 | 1.0580 | 1.0604 | 1.0620 | 1.0644 | 1.0660 | 1.0684 |
| Fibonacci | 1.0578 | 1.0593 | 1.0603 | 1.0618 | 1.0633 | 1.0643 | 1.0658 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0508 | 1.0551 | 1.0588 | 1.0631 | 1.0668 | 1.0711 | 1.0748 |
| Camarilla | 1.0602 | 1.0609 | 1.0617 | 1.0624 | 1.0631 | 1.0639 | 1.0646 |
| Woodie | 1.0504 | 1.0550 | 1.0584 | 1.0630 | 1.0664 | 1.0710 | 1.0744 |
| Fibonacci | 1.0551 | 1.0582 | 1.0601 | 1.0631 | 1.0662 | 1.0681 | 1.0711 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0214 | 1.0405 | 1.0514 | 1.0705 | 1.0814 | 1.1005 | 1.1114 |
| Camarilla | 1.0542 | 1.0569 | 1.0597 | 1.0624 | 1.0652 | 1.0679 | 1.0707 |
| Woodie | 1.0174 | 1.0385 | 1.0474 | 1.0685 | 1.0774 | 1.0985 | 1.1074 |
| Fibonacci | 1.0405 | 1.0519 | 1.0590 | 1.0705 | 1.0819 | 1.0890 | 1.1005 |
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): | 46.68 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -6.2276 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 1.0618 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0634 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 1.0636 | |
| Zig ZAG (10): | 1.0619 | |
| VORTEX (21): | 1.0438 | |
| Stochastique (14,3,5): | 35.35 | |
| TEMA (21): | 1.0617 | |
| Williams %R (14): | -48.48 | |
| Chande Momentum Oscillator (20): | -0.0005 | |
| Repulse (5,40,3): | 0.0568 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0012 | |
| Courbe Coppock: | 0.13 |
| MA7: | 1.0633 | |
| MA20: | 1.0720 | |
| MA50: | 1.0802 | |
| MA100: | 1.0776 | |
| MAexp7: | 1.0616 | |
| MAexp20: | 1.0617 | |
| MAexp50: | 1.0619 | |
| MAexp100: | 1.0626 | |
| Price / MA7: | -0.19% | |
| Price / MA20: | -1.00% | |
| Price / MA50: | -1.75% | |
| Price / MA100: | -1.51% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.06% | |
| Price / MAexp100: | -0.12% |
Quotes :
2020-11-02 08:32:28
-
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
-
Technical Analysis for EUR/USD, USD/CAD, AUD/NZD & More
-
Charts for Next Week – EUR/USD, USD/JPY, AUD/NZD & More
-
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis AUD/NZD - 1H