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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 05/07/2021 (GMT)

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

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.6670 NZD
My targets
1.6805 NZD (+0.0067)
1.6833 NZD (+0.0095)
My analysis
The strong short-term increase for EUR/NZD reinforces the current slightly bullish trend. As long as the price remains above 1.6670 NZD, you could take advantage of this bullish acceleration. The first bullish objective is located at 1.6805 NZD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.6833 NZD as an objective. Crossing it would then enable buyers to target 1.6889 NZD. A return to 1.6670 NZD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a 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
5.2

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.

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

Additional analysis

Quotes

EUR/NZD rating 1.6738 NZD. The price has increased by +0.32% since the last closing and was traded between 1.6657 NZD and 1.6739 NZD over the period. The price is currently at +0.49% from its lowest and -0.01% from its highest.

1.6657
1.6739
1.6738

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Technical


A technical analysis in 1H of this EUR/NZD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.6595 1.6670 1.6730 1.6738 1.6805 1.6833 1.6889
Change (%) -0.85% -0.41% -0.05% - +0.40% +0.57% +0.90%
Change -0.0143 -0.0068 -0.0008 - +0.0067 +0.0095 +0.0151
Level Major Intermediate Intermediate - Intermediate Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.64661.65381.66111.66831.67561.68281.6901
Camarilla1.66441.66571.66711.66841.66971.67111.6724
Woodie1.64671.65381.66121.66831.67571.68281.6902
Fibonacci1.65381.65931.66281.66831.67381.67731.6828


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.65441.66071.66961.67591.68481.69111.7000
Camarilla1.67431.67571.67711.67851.67991.68131.6827
Woodie1.65571.66141.67091.67661.68611.69181.7013
Fibonacci1.66071.66651.67011.67591.68171.68531.6911


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.63221.64951.66401.68131.69581.71311.7276
Camarilla1.66981.67271.67561.67851.68141.68431.6873
Woodie1.63081.64881.66261.68061.69441.71241.7262
Fibonacci1.64951.66171.66921.68131.69351.70101.7131

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): 58.33
MACD (12,26,9): 0.0002
Directional Movement: 1.7380
AROON (14): 42.8571
DEMA (21): 1.6689
Parabolic SAR (0,02-0,02-0,2): 1.6658
Elder Ray (13): 0.0019
Super Trend (3,10): 1.6640
Zig ZAG (10): 1.6723
VORTEX (21): 0.9857
Stochastique (14,3,5): 73.56
TEMA (21): 1.6698
Williams %R (14): -2.78
Chande Momentum Oscillator (20): 0.0060
Repulse (5,40,3): 0.3719
ROCnROLL: 1
TRIX (15,9): -0.0002
Courbe Coppock: 0.03
MA7: 1.6729
MA20: 1.6763
MA50: 1.6734
MA100: 1.6804
MAexp7: 1.6697
MAexp20: 1.6689
MAexp50: 1.6697
MAexp100: 1.6715
Price / MA7: +0.05%
Price / MA20: -0.15%
Price / MA50: +0.02%
Price / MA100: -0.39%
Price / MAexp7: +0.24%
Price / MAexp20: +0.29%
Price / MAexp50: +0.24%
Price / MAexp100: +0.13%

Quotes : - Real time data - Forex

News


Don"t forget to follow the news on EUR/NZD. At the time of publication of this analysis, the latest news was as follows:

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

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