Post an Analysis Request an analysis AI Londinia analysis
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 03/11/2020 (GMT)

  • Who voted?
  • 233
  • 0
Londinia
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 2.0581 NZD
My targets
2.0419 NZD (-0.0024)
2.0305 NZD (-0.0138)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GBP/NZD as long as the price remains well below 2.0581 NZD. The sellers” bearish objective is set at 2.0419 NZD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.0305 NZD. In case of crossing, the next objective would be the support located at 2.0088 NZD.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
5.9

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 price is 2.0443 NZD. The price has increased by -0.77% since the last closing and was traded between 2.0405 NZD and 2.0620 NZD over the period. The price is currently at +0.19% from its lowest and -0.86% from its highest.

2.0405
2.0620
2.0443

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

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 bearish trend. 75% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour



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 resistance is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.9603 1.9924 2.0419 2.0443 2.0581 2.0767 2.1069
Change (%) -4.11% -2.54% -0.12% - +0.68% +1.58% +3.06%
Change -0.0840 -0.0519 -0.0024 - +0.0138 +0.0324 +0.0626
Level Minor Minor Major - Major Intermediate Minor



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
Standard2.02372.03762.04892.06282.07412.08802.0993
Camarilla2.05332.05562.05792.06022.06252.06482.0671
Woodie2.02242.03702.04762.06222.07282.08742.0980
Fibonacci2.03762.04722.05322.06282.07242.07842.0880


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.99192.00882.03052.04742.06912.08602.1077
Camarilla2.04152.04502.04862.05212.05562.05922.0627
Woodie1.99422.01002.03282.04862.07142.08722.1100
Fibonacci2.00882.02362.03272.04742.06222.07132.0860


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.94351.97152.01132.03932.07912.10712.1469
Camarilla2.03242.03862.04482.05102.05722.06342.0696
Woodie1.94931.97452.01712.04232.08492.11012.1527
Fibonacci1.97151.99742.01342.03932.06522.08122.1071

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): 32.51
MACD (12,26,9): -0.0036
Directional Movement: -19.4906
AROON (14): -100.0000
DEMA (21): 2.0537
Parabolic SAR (0,02-0,02-0,2): 2.0584
Elder Ray (13): -0.0079
Super Trend (3,10): 2.0681
Zig ZAG (10): 2.0445
VORTEX (21): 0.8265
Stochastique (14,3,5): 22.66
TEMA (21): 2.0512
Williams %R (14): -85.93
Chande Momentum Oscillator (20): -0.0191
Repulse (5,40,3): -0.6583
ROCnROLL: 2
TRIX (15,9): -0.0185
Courbe Coppock: 0.95
MA7: 2.0514
MA20: 2.0420
MA50: 2.0102
MA100: 2.0058
MAexp7: 2.0536
MAexp20: 2.0579
MAexp50: 2.0609
MAexp100: 2.0591
Price / MA7: -0.35%
Price / MA20: +0.11%
Price / MA50: +1.70%
Price / MA100: +1.92%
Price / MAexp7: -0.45%
Price / MAexp20: -0.66%
Price / MAexp50: -0.81%
Price / MAexp100: -0.72%

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

Online

Overall rating :
15111
Number of analyses :
72910
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

NEW !