AUD/NZD - 1H - Technical analysis published on 09/25/2022 (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
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 1.1317 NZD
My targets
1.1372 NZD (+0.0016)
1.1484 NZD (+0.0128)
My analysis
The basic bullish trend is very strong on AUD/NZD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 1.1317 NZD. Crossing the first resistance at 1.1372 NZD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 1.1484 NZD as an objective. Crossing it would then enable buyers to target 1.2364 NZD. Caution, a return to below 1.1317 NZD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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This analysis was given by gioviforex. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/NZD rating 1.1356 NZD. On the day, this instrument lost -0.05% with the lowest point at 1.1330 NZD and the highest point at 1.1356 NZD. The deviation from the price is +0.23% for the low point and 0% for the high point.1.1330
1.1356
1.1356
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/NZD in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
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:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1274 | 1.1317 | 1.1348 | 1.1356 | 1.1372 | 1.2364 | 1.2911 |
| Change (%) | -0.72% | -0.34% | -0.07% | - | +0.14% | +8.88% | +13.69% |
| Change | -0.0082 | -0.0039 | -0.0008 | - | +0.0016 | +0.1008 | +0.1555 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | 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 | 1.1291 | 1.1311 | 1.1336 | 1.1356 | 1.1381 | 1.1401 | 1.1426 |
| Camarilla | 1.1350 | 1.1354 | 1.1358 | 1.1362 | 1.1366 | 1.1370 | 1.1374 |
| Woodie | 1.1295 | 1.1312 | 1.1340 | 1.1357 | 1.1385 | 1.1402 | 1.1430 |
| Fibonacci | 1.1311 | 1.1328 | 1.1339 | 1.1356 | 1.1373 | 1.1384 | 1.1401 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1083 | 1.1144 | 1.1253 | 1.1314 | 1.1423 | 1.1484 | 1.1593 |
| Camarilla | 1.1315 | 1.1331 | 1.1346 | 1.1362 | 1.1378 | 1.1393 | 1.1409 |
| Woodie | 1.1107 | 1.1156 | 1.1277 | 1.1326 | 1.1447 | 1.1496 | 1.1617 |
| Fibonacci | 1.1144 | 1.1209 | 1.1249 | 1.1314 | 1.1379 | 1.1419 | 1.1484 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0758 | 1.0873 | 1.1024 | 1.1139 | 1.1290 | 1.1405 | 1.1556 |
| Camarilla | 1.1101 | 1.1125 | 1.1150 | 1.1174 | 1.1198 | 1.1223 | 1.1247 |
| Woodie | 1.0775 | 1.0882 | 1.1041 | 1.1148 | 1.1307 | 1.1414 | 1.1573 |
| Fibonacci | 1.0873 | 1.0975 | 1.1038 | 1.1139 | 1.1241 | 1.1304 | 1.1405 |
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): | 56.00 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 11.8842 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 1.1358 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1330 | |
| Elder Ray (13): | 0.0011 | |
| Super Trend (3,10): | 1.1329 | |
| Zig ZAG (10): | 1.1362 | |
| VORTEX (21): | 1.0074 | |
| Stochastique (14,3,5): | 72.54 | |
| TEMA (21): | 1.1357 | |
| Williams %R (14): | -28.89 | |
| Chande Momentum Oscillator (20): | 0.0017 | |
| Repulse (5,40,3): | 0.0108 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0022 | |
| Courbe Coppock: | 0.03 |
| MA7: | 1.1305 | |
| MA20: | 1.1224 | |
| MA50: | 1.1148 | |
| MA100: | 1.1092 | |
| MAexp7: | 1.1358 | |
| MAexp20: | 1.1355 | |
| MAexp50: | 1.1348 | |
| MAexp100: | 1.1329 | |
| Price / MA7: | +0.45% | |
| Price / MA20: | +1.18% | |
| Price / MA50: | +1.87% | |
| Price / MA100: | +2.38% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.24% |
Quotes :
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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
-
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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