NZD/CHF - 1H - Technical analysis published on 04/09/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 0.5832 CHF
My targets
0.5854 CHF (+0.0016)
0.5915 CHF (+0.0077)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on NZD/CHF as long as the price remains well above 0.5832 CHF. The buyers” bullish objective is set at 0.5854 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.5915 CHF. If there is any crossing, the next objective would be the resistance located at 0.6199 CHF. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
3.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/CHF rating 0.5838 CHF. The price registered an increase of -0.12% on the session and was traded between 0.5822 CHF and 0.5851 CHF over the period. The price is currently at +0.27% from its lowest and -0.22% from its highest.0.5822
0.5851
0.5838
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this NZD/CHF chart shows a bullish trend. 75% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5704 | 0.5769 | 0.5832 | 0.5838 | 0.5854 | 0.6199 | 0.6316 |
| Change (%) | -2.30% | -1.18% | -0.10% | - | +0.27% | +6.18% | +8.19% |
| Change | -0.0134 | -0.0069 | -0.0006 | - | +0.0016 | +0.0361 | +0.0478 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5706 | 0.5737 | 0.5791 | 0.5822 | 0.5876 | 0.5907 | 0.5961 |
| Camarilla | 0.5822 | 0.5829 | 0.5837 | 0.5845 | 0.5853 | 0.5861 | 0.5868 |
| Woodie | 0.5718 | 0.5743 | 0.5803 | 0.5828 | 0.5888 | 0.5913 | 0.5973 |
| Fibonacci | 0.5737 | 0.5770 | 0.5790 | 0.5822 | 0.5855 | 0.5875 | 0.5907 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5555 | 0.5617 | 0.5675 | 0.5737 | 0.5795 | 0.5857 | 0.5915 |
| Camarilla | 0.5701 | 0.5712 | 0.5723 | 0.5734 | 0.5745 | 0.5756 | 0.5767 |
| Woodie | 0.5554 | 0.5616 | 0.5674 | 0.5736 | 0.5794 | 0.5856 | 0.5914 |
| Fibonacci | 0.5617 | 0.5663 | 0.5691 | 0.5737 | 0.5783 | 0.5811 | 0.5857 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.4571 | 0.4935 | 0.5328 | 0.5692 | 0.6085 | 0.6449 | 0.6842 |
| Camarilla | 0.5513 | 0.5582 | 0.5652 | 0.5721 | 0.5790 | 0.5860 | 0.5929 |
| Woodie | 0.4586 | 0.4942 | 0.5343 | 0.5699 | 0.6100 | 0.6456 | 0.6857 |
| Fibonacci | 0.4935 | 0.5224 | 0.5403 | 0.5692 | 0.5981 | 0.6160 | 0.6449 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.89 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | -3.7374 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 0.5844 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5823 | |
| Elder Ray (13): | -0.0004 | |
| Super Trend (3,10): | 0.5805 | |
| Zig ZAG (10): | 0.5834 | |
| VORTEX (21): | 1.1083 | |
| Stochastique (14,3,5): | 56.88 | |
| TEMA (21): | 0.5844 | |
| Williams %R (14): | -58.62 | |
| Chande Momentum Oscillator (20): | -0.0005 | |
| Repulse (5,40,3): | -0.0617 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0234 | |
| Courbe Coppock: | 0.02 |
| MA7: | 0.5787 | |
| MA20: | 0.5724 | |
| MA50: | 0.5978 | |
| MA100: | 0.6211 | |
| MAexp7: | 0.5839 | |
| MAexp20: | 0.5834 | |
| MAexp50: | 0.5820 | |
| MAexp100: | 0.5801 | |
| Price / MA7: | +0.88% | |
| Price / MA20: | +1.99% | |
| Price / MA50: | -2.34% | |
| Price / MA100: | -6.01% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.29% | |
| Price / MAexp100: | +0.62% |
News
The last news published on NZD/CHF at the time of the generation of this analysis was as follows:
NZDCHF at key level 77.00This member declared not having a position on this financial instrument or a related financial instrument.
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