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 03/19/2021 (GMT)

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

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Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 1.6573 NZD
My targets
1.6646 NZD (+0.0024)
1.6668 NZD (+0.0046)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/NZD as long as the price remains well above 1.6573 NZD. The buyers” bullish objective is set at 1.6646 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.6668 NZD. If there is any crossing, the next objective would be the resistance located at 1.6813 NZD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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

Complete this analysis for 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

EUR/NZD rating 1.6622 NZD. The price registered a decrease of -0.05% on the session with the lowest point at 1.6589 NZD and the highest point at 1.6647 NZD. The deviation from the price is +0.20% for the low point and -0.15% for the high point.

1.6589
1.6647
1.6622

A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this EUR/NZD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour



In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour



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

Central Patterns

Support of triangle is broken

Type : Bearish

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 1.6511 1.6542 1.6573 1.6622 1.6646 1.6668 1.6813
Change (%) -0.67% -0.48% -0.29% - +0.14% +0.28% +1.15%
Change -0.0111 -0.0080 -0.0049 - +0.0024 +0.0046 +0.0191
Level Minor Intermediate Minor - Intermediate Minor Minor



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
Standard1.63791.64331.65311.65851.66831.67371.6835
Camarilla1.65881.66021.66161.66301.66441.66581.6672
Woodie1.64021.64441.65541.65961.67061.67481.6858
Fibonacci1.64331.64911.65271.65851.66431.66791.6737


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.63501.64311.65431.66241.67361.68171.6929
Camarilla1.66031.66211.66381.66561.66741.66911.6709
Woodie1.63671.64391.65601.66321.67531.68251.6946
Fibonacci1.64311.65041.65501.66241.66971.67431.6817


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.57291.60251.63591.66551.69891.72851.7619
Camarilla1.65191.65771.66341.66921.67501.68081.6865
Woodie1.57471.60351.63771.66651.70071.72951.7637
Fibonacci1.60251.62661.64151.66551.68961.70451.7285

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): 58.32
MACD (12,26,9): 0.0007
Directional Movement: 5.2206
AROON (14): -92.8571
DEMA (21): 1.6620
Parabolic SAR (0,02-0,02-0,2): 1.6632
Elder Ray (13): 0.0009
Super Trend (3,10): 1.6554
Zig ZAG (10): 1.6624
VORTEX (21): 1.0567
Stochastique (14,3,5): 50.73
TEMA (21): 1.6618
Williams %R (14): -34.62
Chande Momentum Oscillator (20): -0.0006
Repulse (5,40,3): 0.0962
ROCnROLL: 1
TRIX (15,9): 0.0097
Courbe Coppock: 0.17
MA7: 1.6589
MA20: 1.6585
MA50: 1.6730
MA100: 1.6956
MAexp7: 1.6613
MAexp20: 1.6608
MAexp50: 1.6593
MAexp100: 1.6588
Price / MA7: +0.20%
Price / MA20: +0.22%
Price / MA50: -0.65%
Price / MA100: -1.97%
Price / MAexp7: +0.05%
Price / MAexp20: +0.08%
Price / MAexp50: +0.17%
Price / MAexp100: +0.20%

Quotes : 2021-03-19 15:37:53 - 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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