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 02/13/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 2.0155 NZD
My targets
2.0252 NZD (+0.0073)
2.0331 NZD (+0.0152)
My analysis
GBP/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 2.0155 NZD. The next resistance located at 2.0252 NZD is the next bullish target 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 2.0331 NZD. After this resistance, buyers could then target 2.0419 NZD.

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
6.3

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

GBP/NZD rating 2.0179 NZD. The price has increased by +0.38% since the last closing and was traded between 2.0047 NZD and 2.0227 NZD over the period. The price is currently at +0.66% from its lowest and -0.24% from its highest.

2.0047
2.0227
2.0179

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



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

Technical


Technical analysis of GBP/NZD in 1H shows an overall bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour



In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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 1.9999 2.0114 2.0155 2.0179 2.0252 2.0331 2.0419
Change (%) -0.89% -0.32% -0.12% - +0.36% +0.75% +1.19%
Change -0.0180 -0.0065 -0.0024 - +0.0073 +0.0152 +0.0240
Level Major Intermediate Intermediate - Major 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
Standard1.97591.98801.99912.01122.02232.03442.0455
Camarilla2.00382.00602.00812.01022.01232.01452.0166
Woodie1.97541.98781.99862.01102.02182.03422.0450
Fibonacci1.98801.99692.00232.01122.02012.02552.0344


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.95191.97571.99422.01802.03652.06032.0788
Camarilla2.00102.00492.00872.01262.01652.02042.0242
Woodie1.94921.97441.99152.01672.03382.05902.0761
Fibonacci1.97571.99192.00192.01802.03422.04422.0603


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.89441.92441.98362.01362.07282.10282.1620
Camarilla2.01822.02642.03452.04272.05092.05912.0672
Woodie1.90891.93171.99812.02092.08732.11012.1765
Fibonacci1.92441.95851.97962.01362.04772.06882.1028

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): 65.88
MACD (12,26,9): 0.0019
Directional Movement: 19.1147
AROON (14): 92.8571
DEMA (21): 2.0126
Parabolic SAR (0,02-0,02-0,2): 2.0049
Elder Ray (13): 0.0072
Super Trend (3,10): 2.0065
Zig ZAG (10): 2.0185
VORTEX (21): 1.1780
Stochastique (14,3,5): 85.58
TEMA (21): 2.0156
Williams %R (14): -22.78
Chande Momentum Oscillator (20): 0.0100
Repulse (5,40,3): 0.3030
ROCnROLL: 1
TRIX (15,9): 0.0022
Courbe Coppock: 0.67
MA7: 2.0131
MA20: 2.0012
MA50: 1.9868
MA100: 1.9948
MAexp7: 2.0142
MAexp20: 2.0112
MAexp50: 2.0113
MAexp100: 2.0122
Price / MA7: +0.24%
Price / MA20: +0.83%
Price / MA50: +1.57%
Price / MA100: +1.16%
Price / MAexp7: +0.18%
Price / MAexp20: +0.33%
Price / MAexp50: +0.33%
Price / MAexp100: +0.28%

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

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