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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 01/28/2020 (GMT)

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Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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
Court terme: Neutral
De fond: Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 1.9889 NZD
My targets
1.9951 NZD (+0.0030)
2.0114 NZD (+0.0193)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.9889 NZD remains possible. It is advisable to trade GBP/NZD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.9889 NZD. The next bullish objective for buyers is set at 1.9951 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.0114 NZD. If there is any crossing, the next objective would be the resistance located at 2.0419 NZD. PS: if there is a bearish break in the support located at 1.9889 NZD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
1.8

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

The GBP/NZD rating is 1.9921 NZD. The price registered an increase of -0.17% on the session and was between 1.9903 NZD and 1.9981 NZD. This implies that the price is at +0.09% from its lowest and at -0.30% from its highest.

1.9903
1.9981
1.9921

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GBP/NZD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

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

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.9762 1.9813 1.9889 1.9921 1.9951 2.0114 2.0419
Change (%) -0.80% -0.54% -0.16% - +0.15% +0.97% +2.50%
Change -0.0159 -0.0108 -0.0032 - +0.0030 +0.0193 +0.0498
Level Major Major Minor - Intermediate Minor 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
Standard1.96321.97031.98291.99002.00262.00972.0223
Camarilla1.99001.99181.99361.99541.99721.99902.0008
Woodie1.96591.97171.98561.99142.00532.01112.0250
Fibonacci1.97031.97791.98251.99001.99762.00222.0097


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.92701.94381.96161.97841.99622.01302.0308
Camarilla1.96991.97311.97621.97941.98261.98571.9889
Woodie1.92751.94411.96211.97871.99672.01332.0313
Fibonacci1.94381.95701.96521.97841.99161.99982.0130


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.82561.88361.92561.98362.02562.08362.1256
Camarilla1.94001.94921.95831.96751.97671.98581.9950
Woodie1.81751.87961.91751.97962.01752.07962.1175
Fibonacci1.88361.92181.94541.98362.02182.04542.0836

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): 45.95
MACD (12,26,9): 0.0004
Directional Movement: -4.2832
AROON (14): -85.7143
DEMA (21): 1.9941
Parabolic SAR (0,02-0,02-0,2): 1.9962
Elder Ray (13): -0.0021
Super Trend (3,10): 1.9882
Zig ZAG (10): 1.9916
VORTEX (21): 0.9693
Stochastique (14,3,5): 15.45
TEMA (21): 1.9932
Williams %R (14): -70.51
Chande Momentum Oscillator (20): -0.0056
Repulse (5,40,3): 0.0021
ROCnROLL: -1
TRIX (15,9): 0.0094
Courbe Coppock: 0.22
MA7: 1.9841
MA20: 1.9744
MA50: 1.9852
MA100: 1.9888
MAexp7: 1.9928
MAexp20: 1.9930
MAexp50: 1.9908
MAexp100: 1.9873
Price / MA7: +0.40%
Price / MA20: +0.90%
Price / MA50: +0.35%
Price / MA100: +0.17%
Price / MAexp7: -0.04%
Price / MAexp20: -0.05%
Price / MAexp50: +0.07%
Price / MAexp100: +0.24%

News


The last news published on GBP/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.

About author

Londinia
Londinia AI

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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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