AUD/NZD - 1H - Technical analysis published on 11/10/2020 (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:
Bearish
De fond:
Strongly bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 1.0687 NZD
My targets
1.0651 NZD (-0.0012)
1.0635 NZD (-0.0028)
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 1.0687 NZD. The next bearish objective for sellers is set at 1.0651 NZD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0635 NZD. If there is any crossing, the next objective would be the support located at 1.0621 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 over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
4.3
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This analysis was given by Remo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/NZD rating is 1.0663 NZD. The price registered a decrease of -0.04% on the session and was traded between 1.0641 NZD and 1.0672 NZD over the period. The price is currently at +0.21% from its lowest and -0.08% from its highest.1.0641
1.0672
1.0663
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 AUD/NZD in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel 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 | 1.0621 | 1.0635 | 1.0651 | 1.0663 | 1.0687 | 1.0700 | 1.0730 |
| Change (%) | -0.39% | -0.26% | -0.11% | - | +0.23% | +0.35% | +0.63% |
| Change | -0.0042 | -0.0028 | -0.0012 | - | +0.0024 | +0.0037 | +0.0067 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Major | 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 | 1.0572 | 1.0616 | 1.0642 | 1.0686 | 1.0712 | 1.0756 | 1.0782 |
| Camarilla | 1.0648 | 1.0654 | 1.0661 | 1.0667 | 1.0673 | 1.0680 | 1.0686 |
| Woodie | 1.0562 | 1.0612 | 1.0632 | 1.0682 | 1.0702 | 1.0752 | 1.0772 |
| Fibonacci | 1.0616 | 1.0643 | 1.0660 | 1.0686 | 1.0713 | 1.0730 | 1.0756 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0465 | 1.0534 | 1.0625 | 1.0694 | 1.0785 | 1.0854 | 1.0945 |
| Camarilla | 1.0673 | 1.0688 | 1.0702 | 1.0717 | 1.0732 | 1.0746 | 1.0761 |
| Woodie | 1.0477 | 1.0540 | 1.0637 | 1.0700 | 1.0797 | 1.0860 | 1.0957 |
| Fibonacci | 1.0534 | 1.0595 | 1.0633 | 1.0694 | 1.0755 | 1.0793 | 1.0854 |
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): | 41.57 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -9.9123 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 1.0654 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0671 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 1.0690 | |
| Zig ZAG (10): | 1.0659 | |
| VORTEX (21): | 0.8806 | |
| Stochastique (14,3,5): | 44.00 | |
| TEMA (21): | 1.0653 | |
| Williams %R (14): | -38.71 | |
| Chande Momentum Oscillator (20): | 0.0006 | |
| Repulse (5,40,3): | 0.0447 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0141 | |
| Courbe Coppock: | 0.17 |
| MA7: | 1.0690 | |
| MA20: | 1.0681 | |
| MA50: | 1.0773 | |
| MA100: | 1.0778 | |
| MAexp7: | 1.0660 | |
| MAexp20: | 1.0667 | |
| MAexp50: | 1.0682 | |
| MAexp100: | 1.0687 | |
| Price / MA7: | -0.25% | |
| Price / MA20: | -0.17% | |
| Price / MA50: | -1.02% | |
| Price / MA100: | -1.07% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.18% | |
| Price / MAexp100: | -0.22% |
Quotes :
2020-11-10 15:00:17
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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
This member declared not having a position on this financial instrument or a related financial instrument.
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