EUR/NZD - 1H - Technical analysis published on 09/14/2022 (GMT)
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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:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.6558 NZD
My targets
1.6744 NZD (+0.0081)
1.6875 NZD (+0.0212)
My analysis
EUR/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 1.6558 NZD. The next resistance located at 1.6744 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 1.6875 NZD. After this resistance, buyers could then target 1.7318 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.
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
8.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/NZD rating is 1.6663 NZD. The price registered an increase of +0.22% on the session and was between 1.6608 NZD and 1.6664 NZD. This implies that the price is at +0.33% from its lowest and at -0.01% from its highest.1.6608
1.6664
1.6663
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/NZD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.6317 | 1.6411 | 1.6558 | 1.6663 | 1.6666 | 1.6744 | 1.6875 |
| Change (%) | -2.08% | -1.51% | -0.63% | - | +0.02% | +0.49% | +1.27% |
| Change | -0.0346 | -0.0252 | -0.0105 | - | +0.0003 | +0.0081 | +0.0212 |
| Level | Major | Intermediate | Intermediate | - | Minor | Major | Major |
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 | 1.6326 | 1.6402 | 1.6514 | 1.6590 | 1.6702 | 1.6778 | 1.6890 |
| Camarilla | 1.6574 | 1.6592 | 1.6609 | 1.6626 | 1.6643 | 1.6661 | 1.6678 |
| Woodie | 1.6344 | 1.6411 | 1.6532 | 1.6599 | 1.6720 | 1.6787 | 1.6908 |
| Fibonacci | 1.6402 | 1.6474 | 1.6518 | 1.6590 | 1.6662 | 1.6706 | 1.6778 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5920 | 1.6076 | 1.6262 | 1.6418 | 1.6604 | 1.6760 | 1.6946 |
| Camarilla | 1.6353 | 1.6384 | 1.6416 | 1.6447 | 1.6478 | 1.6510 | 1.6541 |
| Woodie | 1.5934 | 1.6084 | 1.6276 | 1.6426 | 1.6618 | 1.6768 | 1.6960 |
| Fibonacci | 1.6076 | 1.6207 | 1.6288 | 1.6418 | 1.6549 | 1.6630 | 1.6760 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5497 | 1.5688 | 1.6058 | 1.6249 | 1.6619 | 1.6810 | 1.7180 |
| Camarilla | 1.6273 | 1.6324 | 1.6376 | 1.6427 | 1.6478 | 1.6530 | 1.6581 |
| Woodie | 1.5586 | 1.5733 | 1.6147 | 1.6294 | 1.6708 | 1.6855 | 1.7269 |
| Fibonacci | 1.5688 | 1.5903 | 1.6035 | 1.6249 | 1.6464 | 1.6596 | 1.6810 |
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): | 67.64 | |
| MACD (12,26,9): | 0.0029 | |
| Directional Movement: | 10.8927 | |
| AROON (14): | 42.8571 | |
| DEMA (21): | 1.6647 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.6594 | |
| Elder Ray (13): | 0.0027 | |
| Super Trend (3,10): | 1.6559 | |
| Zig ZAG (10): | 1.6660 | |
| VORTEX (21): | 1.1685 | |
| Stochastique (14,3,5): | 81.27 | |
| TEMA (21): | 1.6655 | |
| Williams %R (14): | -7.69 | |
| Chande Momentum Oscillator (20): | 0.0030 | |
| Repulse (5,40,3): | 0.2330 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0269 | |
| Courbe Coppock: | 0.67 |
| MA7: | 1.6515 | |
| MA20: | 1.6328 | |
| MA50: | 1.6295 | |
| MA100: | 1.6438 | |
| MAexp7: | 1.6635 | |
| MAexp20: | 1.6607 | |
| MAexp50: | 1.6562 | |
| MAexp100: | 1.6522 | |
| Price / MA7: | +0.90% | |
| Price / MA20: | +2.05% | |
| Price / MA50: | +2.26% | |
| Price / MA100: | +1.37% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | +0.60% | |
| Price / MAexp100: | +0.85% |
Quotes :
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Real time data
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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:
iFOREX Market Headlines 14-03-2017: USD, EUR/NZD and Alibaba.This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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