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

EUR/NZD - 1H - Technical analysis published on 10/01/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 1.7736 NZD
My targets
1.7622 NZD (-0.0063)
1.7586 NZD (-0.0099)
My analysis
The bearish trend is currently very strong for EUR/NZD. As long as the price remains below the resistance at 1.7736 NZD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.7622 NZD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.7586 NZD as an objective. Crossing it would then enable sellers to target 1.7515 NZD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
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.

Additional analysis

Quotes

The EUR/NZD rating is 1.7685 NZD. On the day, this instrument lost -0.11% and was traded between 1.7673 NZD and 1.7721 NZD over the period. The price is currently at +0.07% from its lowest and -0.20% from its highest.

1.7673
1.7721
1.7685

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EUR/NZD:

Technical


Technical analysis of this 1H chart of EUR/NZD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being 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, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 5 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

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


S3S2S1PriceR1R2R3
ProTrendLines 1.7586 1.7622 1.7680 1.7685 1.7736 1.7796 1.7831
Change (%) -0.56% -0.36% -0.03% - +0.29% +0.63% +0.83%
Change -0.0099 -0.0063 -0.0005 - +0.0051 +0.0111 +0.0146
Level Major Minor Major - Intermediate 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
Standard1.74851.75831.76441.77421.78031.79011.7962
Camarilla1.76611.76761.76901.77051.77201.77341.7749
Woodie1.74671.75741.76261.77331.77851.78921.7944
Fibonacci1.75831.76441.76811.77421.78031.78401.7901


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.71671.73301.75501.77131.79331.80961.8316
Camarilla1.76651.77001.77351.77701.78051.78401.7875
Woodie1.71961.73441.75791.77271.79621.81101.8345
Fibonacci1.73301.74761.75671.77131.78591.79501.8096


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.70471.72471.74761.76761.79051.81051.8334
Camarilla1.75871.76261.76661.77051.77441.77841.7823
Woodie1.70621.72541.74911.76831.79201.81121.8349
Fibonacci1.72471.74111.75121.76761.78401.79411.8105

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): 38.22
MACD (12,26,9): -0.0018
Directional Movement: -12.7565
AROON (14): -85.7143
DEMA (21): 1.7688
Parabolic SAR (0,02-0,02-0,2): 1.7720
Elder Ray (13): -0.0010
Super Trend (3,10): 1.7763
Zig ZAG (10): 1.7686
VORTEX (21): 0.9408
Stochastique (14,3,5): 38.77
TEMA (21): 1.7686
Williams %R (14): -52.94
Chande Momentum Oscillator (20): -0.0007
Repulse (5,40,3): 0.0372
ROCnROLL: 2
TRIX (15,9): -0.0168
Courbe Coppock: 0.18
MA7: 1.7770
MA20: 1.7698
MA50: 1.7782
MA100: 1.7649
MAexp7: 1.7701
MAexp20: 1.7714
MAexp50: 1.7743
MAexp100: 1.7752
Price / MA7: -0.48%
Price / MA20: -0.07%
Price / MA50: -0.55%
Price / MA100: +0.20%
Price / MAexp7: -0.08%
Price / MAexp20: -0.16%
Price / MAexp50: -0.32%
Price / MAexp100: -0.37%

Quotes : 2020-10-01 11:22:23 - Real time data - Forex

News


The last news published on EUR/NZD at the time of the generation of this analysis was as follows:

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

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