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

NZD/CAD - 1H - Technical analysis published on 10/03/2019 (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
33%
28%
39%
My opinion
Bullish above 0.8330 CAD
My targets
0.8355 CAD (+0.25%)
0.8382 CAD (+0.58%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on NZD/CAD. This is a positive signal for buyers. As long as the price remains above 0.8330 CAD, a purchase could be considered. The first bullish objective is located at 0.8355 CAD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.8382 CAD as an objective. Crossing it would then enable buyers to target 0.8414 CAD. In the event of a return below 0.8330 CAD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
4.8

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.

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 NZD/CAD rating is 0.8334 CAD. On the day, this instrument lost -0.19% with the lowest point at 0.8331 CAD and the highest point at 0.8361 CAD. The deviation from the price is +0.04% for the low point and -0.32% for the high point.

0.8331
0.8361
0.8334

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this NZD/CAD chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.8269 0.8313 0.8330 0.8334 0.8355 0.8382 0.8414
Change (%) -0.78% -0.25% -0.05% - +0.25% +0.58% +0.96%
Change -0.0065 -0.0021 -0.0004 - +0.0021 +0.0048 +0.0080
Level Intermediate Intermediate Major - Minor Intermediate 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
Standard0.81480.81920.82710.83150.83940.84380.8517
Camarilla0.83160.83270.83390.83500.83610.83730.8384
Woodie0.81660.82010.82890.83240.84120.84470.8535
Fibonacci0.81920.82390.82680.83150.83620.83910.8438


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.81670.82300.82870.83500.84070.84700.8527
Camarilla0.83100.83210.83320.83430.83540.83650.8376
Woodie0.81630.82290.82830.83490.84030.84690.8523
Fibonacci0.82300.82760.83050.83500.83960.84250.8470


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.79720.81210.82060.83550.84400.85890.8674
Camarilla0.82280.82490.82710.82920.83130.83350.8356
Woodie0.79410.81050.81750.83390.84090.85730.8643
Fibonacci0.81210.82100.82650.83550.84440.84990.8589

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): 61.99
MACD (12,26,9): 0.0017
Directional Movement: 15.5305
AROON (14): 50.0000
DEMA (21): 0.8353
Parabolic SAR (0,02-0,02-0,2): 0.8359
Elder Ray (13): 0.0005
Super Trend (3,10): 0.8315
Zig ZAG (10): 0.8339
VORTEX (21): 1.3700
Stochastique (14,3,5): 50.58
TEMA (21): 0.8359
Williams %R (14): -60.53
Chande Momentum Oscillator (20): -0.0011
Repulse (5,40,3): -0.1934
ROCnROLL: -1
TRIX (15,9): 0.0365
Courbe Coppock: 0.76
MA7: 0.8321
MA20: 0.8378
MA50: 0.8477
MA100: 0.8622
MAexp7: 0.8342
MAexp20: 0.8329
MAexp50: 0.8307
MAexp100: 0.8306
Price / MA7: +0.16%
Price / MA20: -0.53%
Price / MA50: -1.69%
Price / MA100: -3.34%
Price / MAexp7: -0.11%
Price / MAexp20: +0.05%
Price / MAexp50: +0.31%
Price / MAexp100: +0.33%

News


The latest news and videos published on NZD/CAD at the time of the analysis were as follows:

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

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