AUD/NZD - 1H - Technical analysis published on 01/20/2020 (GMT)
- Who voted?
- 194
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 1.0410 NZD
My targets
1.0383 NZD (-0.0014)
1.0361 NZD (-0.0036)
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 1.0410 NZD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.0383 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 1.0361 NZD as an objective. Crossing it would then enable sellers to target 1.0323 NZD. If the resistance 1.0410 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
3.4
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
The AUD/NZD price is 1.0397 NZD. The price is lower by -0.01% since the last closing with the lowest point at 1.0387 NZD and the highest point at 1.0403 NZD. The deviation from the price is +0.10% for the low point and -0.06% for the high point.1.0387
1.0403
1.0397
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/NZD chart shows a bearish trend. 75% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
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 under 50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance 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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0323 | 1.0361 | 1.0383 | 1.0397 | 1.0399 | 1.0410 | 1.0447 |
| Change (%) | -0.71% | -0.35% | -0.13% | - | +0.02% | +0.13% | +0.48% |
| Change | -0.0074 | -0.0036 | -0.0014 | - | +0.0002 | +0.0013 | +0.0050 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0332 | 1.0353 | 1.0375 | 1.0396 | 1.0418 | 1.0439 | 1.0461 |
| Camarilla | 1.0386 | 1.0390 | 1.0394 | 1.0398 | 1.0402 | 1.0406 | 1.0410 |
| Woodie | 1.0334 | 1.0353 | 1.0377 | 1.0396 | 1.0420 | 1.0439 | 1.0463 |
| Fibonacci | 1.0353 | 1.0369 | 1.0379 | 1.0396 | 1.0412 | 1.0422 | 1.0439 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0275 | 1.0324 | 1.0361 | 1.0410 | 1.0447 | 1.0496 | 1.0533 |
| Camarilla | 1.0374 | 1.0382 | 1.0390 | 1.0398 | 1.0406 | 1.0414 | 1.0422 |
| Woodie | 1.0269 | 1.0321 | 1.0355 | 1.0407 | 1.0441 | 1.0493 | 1.0527 |
| Fibonacci | 1.0324 | 1.0357 | 1.0377 | 1.0410 | 1.0443 | 1.0463 | 1.0496 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0188 | 1.0277 | 1.0348 | 1.0437 | 1.0508 | 1.0597 | 1.0668 |
| Camarilla | 1.0374 | 1.0389 | 1.0403 | 1.0418 | 1.0433 | 1.0447 | 1.0462 |
| Woodie | 1.0178 | 1.0273 | 1.0338 | 1.0433 | 1.0498 | 1.0593 | 1.0658 |
| Fibonacci | 1.0277 | 1.0339 | 1.0376 | 1.0437 | 1.0499 | 1.0536 | 1.0597 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.97 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 0.4598 | |
| AROON (14): | 7.1428 | |
| DEMA (21): | 1.0397 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0411 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.0380 | |
| Zig ZAG (10): | 1.0396 | |
| VORTEX (21): | 0.9515 | |
| Stochastique (14,3,5): | 68.75 | |
| TEMA (21): | 1.0398 | |
| Williams %R (14): | -37.50 | |
| Chande Momentum Oscillator (20): | 0.0001 | |
| Repulse (5,40,3): | -0.0276 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0004 | |
| Courbe Coppock: | 0.08 |
| MA7: | 1.0411 | |
| MA20: | 1.0404 | |
| MA50: | 1.0474 | |
| MA100: | 1.0607 | |
| MAexp7: | 1.0397 | |
| MAexp20: | 1.0397 | |
| MAexp50: | 1.0401 | |
| MAexp100: | 1.0404 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | -0.07% | |
| Price / MA50: | -0.74% | |
| Price / MA100: | -1.98% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.07% |
News
The latest news and videos published on AUD/NZD at the time of the analysis were as follows:
-
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
-
Charts for Next Week – EUR/USD, Euro Crosses, AUD/NZD, Crude Oil & More
-
AUD, NZD Back In Focus
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