AUD/NZD
AUD NZD
- NZD (-)
- Real time data - Forex
Open: -
Change: -
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High / Low range: -
Type: Forex
Ticker: AUDNZD
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AUD/NZD - 1H - Technical analysis published on 09/06/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.0398 NZD
My targets
1.0442 NZD (+0.0018)
1.0512 NZD (+0.0088)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on AUD/NZD as long as the price remains well above 1.0398 NZD. The buyers' bullish objective is set at 1.0442 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0512 NZD. If there is any crossing, the next objective would be the resistance located at 1.0631 NZD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8

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:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/NZD price is 1.0424 NZD. On the day, this instrument gained +0.01% with the lowest point at 1.0399 NZD and the highest point at 1.0430 NZD. The deviation from the price is +0.24% for the low point and -0.06% for the high point.

1.0399
1.0430
1.0424

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AUD/NZD chart shows a bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0370 1.0398 1.0414 1.0424 1.0442 1.0452 1.0631
Change (%) -0.52% -0.25% -0.10% - +0.17% +0.27% +1.99%
Change -0.0054 -0.0026 -0.0010 - +0.0018 +0.0028 +0.0207
Level Minor Intermediate Intermediate - Major Minor 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
Standard1.03541.03771.04001.04231.04461.04691.0492
Camarilla1.04101.04151.04191.04231.04271.04311.0436
Woodie1.03541.03771.04001.04231.04461.04691.0492
Fibonacci1.03771.03951.04051.04231.04411.04511.0469


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.02591.03041.03631.04081.04671.05121.0571
Camarilla1.03941.04041.04141.04231.04331.04421.0452
Woodie1.02671.03081.03711.04121.04751.05161.0579
Fibonacci1.03041.03431.03681.04081.04471.04721.0512


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.00751.02111.02951.04311.05151.06511.0735
Camarilla1.03181.03381.03581.03781.03981.04181.0439
Woodie1.00481.01981.02681.04181.04881.06381.0708
Fibonacci1.02111.02951.03471.04311.05151.05671.0651

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): 56.70
MACD (12,26,9): 0.0001
Directional Movement: 14.1179
AROON (14): 78.5714
DEMA (21): 1.0417
Parabolic SAR (0,02-0,02-0,2): 1.0408
Elder Ray (13): 0.0009
Super Trend (3,10): 1.0438
Zig ZAG (10): 1.0425
VORTEX (21): 1.0776
Stochastique (14,3,5): 75.04
TEMA (21): 1.0418
Williams %R (14): -20.00
Chande Momentum Oscillator (20): 0.0010
Repulse (5,40,3): 0.0539
ROCnROLL: 1
TRIX (15,9): -0.0008
Courbe Coppock: 0.08
MA7: 1.0414
MA20: 1.0447
MA50: 1.0543
MA100: 1.0648
MAexp7: 1.0418
MAexp20: 1.0416
MAexp50: 1.0416
MAexp100: 1.0415
Price / MA7: +0.10%
Price / MA20: -0.22%
Price / MA50: -1.13%
Price / MA100: -2.10%
Price / MAexp7: +0.06%
Price / MAexp20: +0.08%
Price / MAexp50: +0.08%
Price / MAexp100: +0.09%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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