AUD/NZD - 1H - Technical analysis published on 05/14/2021 (GMT)
- 160
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 1.0792 NZD
My targets
1.0753 NZD (-0.0014)
1.0734 NZD (-0.0033)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/NZD. As long as you are under the resistance located at 1.0792 NZD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.0753 NZD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.0734 NZD as an objective. Crossing it would then enable sellers to target 1.0718 NZD. If the resistance 1.0792 NZD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
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
0.9
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 1.0767 NZD. The price registered an increase of +0.10% on the session and was traded between 1.0752 NZD and 1.0772 NZD over the period. The price is currently at +0.14% from its lowest and -0.05% from its highest.1.0752
1.0772
1.0767
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 (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/NZD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
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:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0718 | 1.0734 | 1.0753 | 1.0767 | 1.0769 | 1.0792 | 1.0814 |
| Change (%) | -0.46% | -0.31% | -0.13% | - | +0.02% | +0.23% | +0.44% |
| Change | -0.0049 | -0.0033 | -0.0014 | - | +0.0002 | +0.0025 | +0.0047 |
| Level | Major | Major | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0692 | 1.0721 | 1.0738 | 1.0767 | 1.0784 | 1.0813 | 1.0830 |
| Camarilla | 1.0743 | 1.0748 | 1.0752 | 1.0756 | 1.0760 | 1.0764 | 1.0769 |
| Woodie | 1.0687 | 1.0718 | 1.0733 | 1.0764 | 1.0779 | 1.0810 | 1.0825 |
| Fibonacci | 1.0721 | 1.0738 | 1.0749 | 1.0767 | 1.0784 | 1.0795 | 1.0813 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0616 | 1.0667 | 1.0720 | 1.0771 | 1.0824 | 1.0875 | 1.0928 |
| Camarilla | 1.0744 | 1.0754 | 1.0764 | 1.0773 | 1.0783 | 1.0792 | 1.0802 |
| Woodie | 1.0617 | 1.0668 | 1.0721 | 1.0772 | 1.0825 | 1.0876 | 1.0929 |
| Fibonacci | 1.0667 | 1.0707 | 1.0731 | 1.0771 | 1.0811 | 1.0835 | 1.0875 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0526 | 1.0620 | 1.0695 | 1.0789 | 1.0864 | 1.0958 | 1.1033 |
| Camarilla | 1.0723 | 1.0738 | 1.0754 | 1.0769 | 1.0785 | 1.0800 | 1.0816 |
| Woodie | 1.0516 | 1.0615 | 1.0685 | 1.0784 | 1.0854 | 1.0953 | 1.1023 |
| Fibonacci | 1.0620 | 1.0685 | 1.0725 | 1.0789 | 1.0854 | 1.0894 | 1.0958 |
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): | 51.45 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | 6.7298 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 1.0759 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0754 | |
| Elder Ray (13): | 0.0005 | |
| Super Trend (3,10): | 1.0782 | |
| Zig ZAG (10): | 1.0765 | |
| VORTEX (21): | 0.9899 | |
| Stochastique (14,3,5): | 81.30 | |
| TEMA (21): | 1.0761 | |
| Williams %R (14): | -21.74 | |
| Chande Momentum Oscillator (20): | 0.0016 | |
| Repulse (5,40,3): | 0.0307 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0076 | |
| Courbe Coppock: | 0.04 |
| MA7: | 1.0776 | |
| MA20: | 1.0770 | |
| MA50: | 1.0805 | |
| MA100: | 1.0761 | |
| MAexp7: | 1.0764 | |
| MAexp20: | 1.0765 | |
| MAexp50: | 1.0772 | |
| MAexp100: | 1.0775 | |
| Price / MA7: | -0.08% | |
| Price / MA20: | -0.03% | |
| Price / MA50: | -0.35% | |
| Price / MA100: | +0.06% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | -0.06% | |
| Price / MAexp100: | -0.08% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on AUD/NZD at the time of the analysis were 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