AUD/NZD - Daily - Technical analysis published on 09/25/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.1274 NZD
My targets
1.1556 NZD (+0.0189)
1.1593 NZD (+0.0226)
My analysis
The bullish trend is currently very strong on AUD/NZD. As long as the price remains above the support at 1.1274 NZD, you could try to benefit from the boom. The first bullish objective is located at 1.1556 NZD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.1593 NZD as an objective. Crossing it would then enable buyers to target 1.2364 NZD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
9.1
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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 1.1367 NZD. The price registered an increase of +0.04% on the session and was traded between 1.1330 NZD and 1.1367 NZD over the period. The price is currently at +0.33% from its lowest and 0% from its highest.1.1330
1.1367
1.1367
Here is a more detailed summary of the historical variations registered by AUD/NZD:
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
A technical analysis in Daily of this AUD/NZD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0827 | 1.1072 | 1.1274 | 1.1367 | 1.2364 | 1.2911 | 1.3730 |
| Change (%) | -4.75% | -2.60% | -0.82% | - | +8.77% | +13.58% | +20.79% |
| Change | -0.0540 | -0.0295 | -0.0093 | - | +0.0997 | +0.1544 | +0.2363 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 74.90 | |
| MACD (12,26,9): | 0.0058 | |
| Directional Movement: | 20.5406 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 1.1312 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1200 | |
| Elder Ray (13): | 0.0079 | |
| Super Trend (3,10): | 1.1187 | |
| Zig ZAG (10): | 1.1362 | |
| VORTEX (21): | 1.1350 | |
| Stochastique (14,3,5): | 94.51 | |
| TEMA (21): | 1.1342 | |
| Williams %R (14): | -4.98 | |
| Chande Momentum Oscillator (20): | 0.0226 | |
| Repulse (5,40,3): | 0.6609 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0544 | |
| Courbe Coppock: | 2.58 |
| MA7: | 1.1305 | |
| MA20: | 1.1224 | |
| MA50: | 1.1148 | |
| MA100: | 1.1092 | |
| MAexp7: | 1.1315 | |
| MAexp20: | 1.1242 | |
| MAexp50: | 1.1166 | |
| MAexp100: | 1.1083 | |
| Price / MA7: | +0.55% | |
| Price / MA20: | +1.27% | |
| Price / MA50: | +1.96% | |
| Price / MA100: | +2.48% | |
| Price / MAexp7: | +0.48% | |
| Price / MAexp20: | +1.13% | |
| Price / MAexp50: | +1.82% | |
| Price / MAexp100: | +2.58% |
Quotes :
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Real time data
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Forex
News
The latest news and videos published on AUD/NZD at the time of the analysis were as follows:
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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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