AUD/NZD - 1H - Technical analysis published on 12/15/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.0623 NZD
My targets
1.0700 NZD (+0.0038)
1.0831 NZD (+0.0169)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/NZD as long as the price remains well above 1.0623 NZD. The buyers” bullish objective is set at 1.0700 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0831 NZD. If there is any crossing, the next objective would be the resistance located at 1.1015 NZD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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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 rating is 1.0662 NZD. The price registered an increase of +0.24% on the session with the lowest point at 1.0614 NZD and the highest point at 1.0663 NZD. The deviation from the price is +0.45% for the low point and -0.01% for the high point.1.0614
1.0663
1.0662
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/NZD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
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 | 1.0569 | 1.0623 | 1.0656 | 1.0662 | 1.0700 | 1.0831 | 1.1015 |
| Change (%) | -0.87% | -0.37% | -0.06% | - | +0.36% | +1.59% | +3.31% |
| Change | -0.0093 | -0.0039 | -0.0006 | - | +0.0038 | +0.0169 | +0.0353 |
| Level | Minor | Major | Intermediate | - | Major | Major | Major |
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 | 1.0587 | 1.0604 | 1.0621 | 1.0638 | 1.0655 | 1.0672 | 1.0689 |
| Camarilla | 1.0628 | 1.0631 | 1.0634 | 1.0637 | 1.0640 | 1.0643 | 1.0646 |
| Woodie | 1.0586 | 1.0604 | 1.0620 | 1.0638 | 1.0654 | 1.0672 | 1.0688 |
| Fibonacci | 1.0604 | 1.0617 | 1.0625 | 1.0638 | 1.0651 | 1.0659 | 1.0672 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0398 | 1.0455 | 1.0543 | 1.0600 | 1.0688 | 1.0745 | 1.0833 |
| Camarilla | 1.0591 | 1.0604 | 1.0618 | 1.0631 | 1.0644 | 1.0658 | 1.0671 |
| Woodie | 1.0414 | 1.0463 | 1.0559 | 1.0608 | 1.0704 | 1.0753 | 1.0849 |
| Fibonacci | 1.0455 | 1.0510 | 1.0545 | 1.0600 | 1.0655 | 1.0690 | 1.0745 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0073 | 1.0267 | 1.0375 | 1.0569 | 1.0677 | 1.0871 | 1.0979 |
| Camarilla | 1.0401 | 1.0429 | 1.0456 | 1.0484 | 1.0512 | 1.0539 | 1.0567 |
| Woodie | 1.0031 | 1.0246 | 1.0333 | 1.0548 | 1.0635 | 1.0850 | 1.0937 |
| Fibonacci | 1.0267 | 1.0382 | 1.0453 | 1.0569 | 1.0684 | 1.0755 | 1.0871 |
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): | 62.97 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 11.2159 | |
| AROON (14): | 71.4285 | |
| DEMA (21): | 1.0653 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0638 | |
| Elder Ray (13): | 0.0010 | |
| Super Trend (3,10): | 1.0628 | |
| Zig ZAG (10): | 1.0661 | |
| VORTEX (21): | 1.0928 | |
| Stochastique (14,3,5): | 93.20 | |
| TEMA (21): | 1.0657 | |
| Williams %R (14): | -6.12 | |
| Chande Momentum Oscillator (20): | 0.0036 | |
| Repulse (5,40,3): | 0.0617 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0038 | |
| Courbe Coppock: | 0.45 |
| MA7: | 1.0599 | |
| MA20: | 1.0544 | |
| MA50: | 1.0633 | |
| MA100: | 1.0749 | |
| MAexp7: | 1.0655 | |
| MAexp20: | 1.0646 | |
| MAexp50: | 1.0639 | |
| MAexp100: | 1.0622 | |
| Price / MA7: | +0.59% | |
| Price / MA20: | +1.12% | |
| Price / MA50: | +0.27% | |
| Price / MA100: | -0.81% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.37% |
Quotes :
2020-12-15 17:34:05
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Real time data
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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
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EURUSD, USDJPY and AUDNZD Absorb ECB, Risk Trends, Key Data
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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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