AUD/NZD
AUD NZD
- NZD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDNZD
ISIN:

AUD/NZD - Daily - Technical analysis published on 05/07/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 1.0923 NZD
My targets
1.1044 NZD (+0.0053)
1.1236 NZD (+0.0245)
My analysis
AUD/NZD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.0923 NZD. The next resistance located at 1.1044 NZD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.1236 NZD. After this resistance, buyers could then target 1.1405 NZD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
7.9

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 GCrow. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AUD/NZD rating is 1.0991 NZD. On the day, this instrument lost -0.29% and was between 1.0982 NZD and 1.1031 NZD. This implies that the price is at +0.08% from its lowest and at -0.36% from its highest.

1.0982
1.1031
1.0991

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 for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of AUD/NZD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0817 1.0882 1.0923 1.0991 1.1044 1.1236 1.1405
Change (%) -1.58% -0.99% -0.62% - +0.48% +2.23% +3.77%
Change -0.0174 -0.0109 -0.0068 - +0.0053 +0.0245 +0.0414
Level Minor Intermediate Major - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.09551.09701.09971.10121.10391.10541.1081
Camarilla1.10121.10151.10191.10231.10271.10311.1035
Woodie1.09601.09731.10021.10151.10441.10571.1086
Fibonacci1.09701.09861.09961.10121.10281.10381.1054


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.08841.09191.09581.09931.10321.10671.1106
Camarilla1.09771.09831.09901.09971.10041.10111.1017
Woodie1.08861.09201.09601.09941.10341.10681.1108
Fibonacci1.09191.09471.09651.09931.10211.10391.1067


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07471.08021.09091.09641.10711.11261.1233
Camarilla1.09721.09861.10011.10161.10311.10461.1061
Woodie1.07731.08151.09351.09771.10971.11391.1259
Fibonacci1.08021.08641.09021.09641.10261.10641.1126

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): 61.80
MACD (12,26,9): 0.0041
Directional Movement: 12.7839
AROON (14): 85.7143
DEMA (21): 1.1013
Parabolic SAR (0,02-0,02-0,2): 1.0949
Elder Ray (13): 0.0029
Super Trend (3,10): 1.0896
Zig ZAG (10): 1.0990
VORTEX (21): 1.0679
Stochastique (14,3,5): 84.94
TEMA (21): 1.1017
Williams %R (14): -24.14
Chande Momentum Oscillator (20): 0.0090
Repulse (5,40,3): -0.1434
ROCnROLL: 1
TRIX (15,9): 0.0520
Courbe Coppock: 1.93
MA7: 1.1006
MA20: 1.0945
MA50: 1.0865
MA100: 1.0794
MAexp7: 1.0997
MAexp20: 1.0958
MAexp50: 1.0886
MAexp100: 1.0837
Price / MA7: -0.14%
Price / MA20: +0.42%
Price / MA50: +1.16%
Price / MA100: +1.83%
Price / MAexp7: -0.05%
Price / MAexp20: +0.30%
Price / MAexp50: +0.96%
Price / MAexp100: +1.42%

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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