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

GBP/NZD - 1H - Technical analysis published on 11/07/2019 (GMT)

  • Who voted?
  • 133
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
22%
17%
61%
My opinion
Bullish above 2.0166 NZD
My targets
2.0223 NZD (+0.11%)
2.0273 NZD (+0.36%)
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 GBP/NZD. As long as you are above the support located at 2.0166 NZD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 2.0223 NZD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 2.0273 NZD as an objective. Crossing it would then enable buyers to target 2.0324 NZD. If the support 2.0166 NZD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
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:
15 min. Daily Weekly

Additional analysis

Quotes

The GBP/NZD price is 2.0200 NZD. The price has increased by +0.01% since the last closing and was traded between 2.0158 NZD and 2.0236 NZD over the period. The price is currently at +0.21% from its lowest and -0.18% from its highest.

2.0158
2.0236
2.0200

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GBP/NZD:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GBP/NZD chart shows a bullish trend. The signals given by moving averages are 75% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 11 are neutral and 3 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

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 2.0072 2.0104 2.0166 2.0200 2.0223 2.0273 2.0324
Change (%) -0.63% -0.48% -0.17% - +0.11% +0.36% +0.61%
Change -0.0128 -0.0096 -0.0034 - +0.0023 +0.0073 +0.0124
Level Minor Intermediate Intermediate - 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
Standard2.00862.01272.01622.02032.02382.02792.0314
Camarilla2.01772.01842.01912.01982.02052.02122.0219
Woodie2.00842.01262.01602.02022.02362.02782.0312
Fibonacci2.01272.01562.01742.02032.02322.02502.0279


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.97691.99202.00222.01732.02752.04262.0528
Camarilla2.00542.00782.01012.01242.01472.01702.0194
Woodie1.97451.99081.99982.01612.02512.04142.0504
Fibonacci1.99202.00172.00762.01732.02702.03292.0426


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.82231.87671.94712.00152.07192.12632.1967
Camarilla1.98311.99452.00602.01742.02882.04032.0517
Woodie1.83021.88071.95502.00552.07982.13032.2046
Fibonacci1.87671.92441.95392.00152.04922.07872.1263

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): 50.50
MACD (12,26,9): 0.0008
Directional Movement: -11.2204
AROON (14): -42.8571
DEMA (21): 2.0218
Parabolic SAR (0,02-0,02-0,2): 2.0234
Elder Ray (13): -0.0011
Super Trend (3,10): 2.0159
Zig ZAG (10): 2.0206
VORTEX (21): 0.9912
Stochastique (14,3,5): 59.20
TEMA (21): 2.0215
Williams %R (14): -41.03
Chande Momentum Oscillator (20): 0.0009
Repulse (5,40,3): 0.0085
ROCnROLL: -1
TRIX (15,9): 0.0066
Courbe Coppock: 0.24
MA7: 2.0155
MA20: 2.0176
MA50: 1.9770
MA100: 1.9290
MAexp7: 2.0210
MAexp20: 2.0206
MAexp50: 2.0188
MAexp100: 2.0176
Price / MA7: +0.22%
Price / MA20: +0.12%
Price / MA50: +2.18%
Price / MA100: +4.72%
Price / MAexp7: -0.05%
Price / MAexp20: -0.03%
Price / MAexp50: +0.06%
Price / MAexp100: +0.12%

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

About author

Online

Overall rating :
15111
Number of analyses :
Followers :
0
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

no pic

Comments

0 comments on the analysis GBP/NZD - 1H