NZD/CHF - 1H - Technical analysis published on 05/29/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.5966 CHF
My targets
0.5933 CHF (-0.0007)
0.5907 CHF (-0.0033)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NZD/CHF as long as the price remains well below 0.5966 CHF. The sellers” bearish objective is set at 0.5933 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.5907 CHF. In case of crossing, the next objective would be the support located at 0.5883 CHF.
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
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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
The NZD/CHF rating is 0.5940 CHF. The price registered a decrease of -0.60% on the session and was traded between 0.5938 CHF and 0.6004 CHF over the period. The price is currently at +0.03% from its lowest and -1.07% from its highest.0.5938
0.6004
0.5940
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of NZD/CHF in 1H shows an overall bearish trend. 71.43% 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.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5883 | 0.5907 | 0.5933 | 0.5940 | 0.5966 | 0.5985 | 0.6022 |
| Change (%) | -0.96% | -0.56% | -0.12% | - | +0.44% | +0.76% | +1.38% |
| Change | -0.0057 | -0.0033 | -0.0007 | - | +0.0026 | +0.0045 | +0.0082 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5895 | 0.5929 | 0.5953 | 0.5987 | 0.6011 | 0.6045 | 0.6069 |
| Camarilla | 0.5960 | 0.5965 | 0.5971 | 0.5976 | 0.5981 | 0.5987 | 0.5992 |
| Woodie | 0.5889 | 0.5927 | 0.5947 | 0.5985 | 0.6005 | 0.6043 | 0.6063 |
| Fibonacci | 0.5929 | 0.5952 | 0.5965 | 0.5987 | 0.6010 | 0.6023 | 0.6045 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5605 | 0.5680 | 0.5802 | 0.5877 | 0.5999 | 0.6074 | 0.6196 |
| Camarilla | 0.5869 | 0.5887 | 0.5905 | 0.5923 | 0.5941 | 0.5959 | 0.5977 |
| Woodie | 0.5628 | 0.5692 | 0.5825 | 0.5889 | 0.6022 | 0.6086 | 0.6219 |
| Fibonacci | 0.5680 | 0.5756 | 0.5802 | 0.5877 | 0.5953 | 0.5999 | 0.6074 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5413 | 0.5545 | 0.5730 | 0.5862 | 0.6047 | 0.6179 | 0.6364 |
| Camarilla | 0.5827 | 0.5856 | 0.5885 | 0.5914 | 0.5943 | 0.5972 | 0.6001 |
| Woodie | 0.5439 | 0.5558 | 0.5756 | 0.5875 | 0.6073 | 0.6192 | 0.6390 |
| Fibonacci | 0.5545 | 0.5666 | 0.5741 | 0.5862 | 0.5983 | 0.6058 | 0.6179 |
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): | 37.99 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -11.9458 | |
| AROON (14): | -21.4286 | |
| DEMA (21): | 0.5967 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6003 | |
| Elder Ray (13): | -0.0022 | |
| Super Trend (3,10): | 0.6001 | |
| Zig ZAG (10): | 0.5950 | |
| VORTEX (21): | 0.9029 | |
| Stochastique (14,3,5): | 9.33 | |
| TEMA (21): | 0.5959 | |
| Williams %R (14): | -86.89 | |
| Chande Momentum Oscillator (20): | -0.0027 | |
| Repulse (5,40,3): | -0.3284 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0131 | |
| Courbe Coppock: | 0.43 |
| MA7: | 0.5956 | |
| MA20: | 0.5906 | |
| MA50: | 0.5847 | |
| MA100: | 0.6001 | |
| MAexp7: | 0.5961 | |
| MAexp20: | 0.5976 | |
| MAexp50: | 0.5981 | |
| MAexp100: | 0.5973 | |
| Price / MA7: | -0.27% | |
| Price / MA20: | +0.58% | |
| Price / MA50: | +1.59% | |
| Price / MA100: | -1.02% | |
| Price / MAexp7: | -0.35% | |
| Price / MAexp20: | -0.60% | |
| Price / MAexp50: | -0.69% | |
| Price / MAexp100: | -0.55% |
Quotes :
2020-05-29 16:31:25
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Real time data
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Forex
News
The latest news and videos published on NZD/CHF at the time of the analysis were 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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