NZD/CHF - 1H - Technical analysis published on 06/22/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.6094 CHF
My targets
0.6174 CHF (+0.0046)
0.6207 CHF (+0.0079)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade NZD/CHF with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.6094 CHF. The buyers” bullish objective is set at 0.6174 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6207 CHF. If there is any crossing, the next objective would be the resistance located at 0.6226 CHF. If there is a bearish break in the support located at 0.6094 CHF some indecision would arise.
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
5
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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 price is 0.6128 CHF. The price registered an increase of +0.43% on the session and was traded between 0.6064 CHF and 0.6132 CHF over the period. The price is currently at +1.06% from its lowest and -0.07% from its highest.0.6064
0.6132
0.6128
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of NZD/CHF in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.6055 | 0.6077 | 0.6094 | 0.6128 | 0.6131 | 0.6174 | 0.6207 |
| Change (%) | -1.19% | -0.83% | -0.55% | - | +0.05% | +0.75% | +1.29% |
| Change | -0.0073 | -0.0051 | -0.0034 | - | +0.0003 | +0.0046 | +0.0079 |
| Level | Minor | Minor | Major | - | Intermediate | Major | Minor |
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 | 0.6051 | 0.6073 | 0.6087 | 0.6109 | 0.6123 | 0.6145 | 0.6159 |
| Camarilla | 0.6092 | 0.6095 | 0.6099 | 0.6102 | 0.6105 | 0.6109 | 0.6112 |
| Woodie | 0.6048 | 0.6071 | 0.6084 | 0.6107 | 0.6120 | 0.6143 | 0.6156 |
| Fibonacci | 0.6073 | 0.6086 | 0.6095 | 0.6109 | 0.6122 | 0.6131 | 0.6145 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5964 | 0.6021 | 0.6061 | 0.6118 | 0.6158 | 0.6215 | 0.6255 |
| Camarilla | 0.6075 | 0.6084 | 0.6093 | 0.6102 | 0.6111 | 0.6120 | 0.6129 |
| Woodie | 0.5957 | 0.6017 | 0.6054 | 0.6114 | 0.6151 | 0.6211 | 0.6248 |
| Fibonacci | 0.6021 | 0.6058 | 0.6081 | 0.6118 | 0.6155 | 0.6178 | 0.6215 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5516 | 0.5636 | 0.5801 | 0.5921 | 0.6086 | 0.6206 | 0.6371 |
| Camarilla | 0.5888 | 0.5914 | 0.5940 | 0.5966 | 0.5992 | 0.6018 | 0.6044 |
| Woodie | 0.5539 | 0.5647 | 0.5824 | 0.5932 | 0.6109 | 0.6217 | 0.6394 |
| Fibonacci | 0.5636 | 0.5745 | 0.5812 | 0.5921 | 0.6030 | 0.6097 | 0.6206 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.33 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 4.7183 | |
| AROON (14): | 57.1428 | |
| DEMA (21): | 0.6109 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6073 | |
| Elder Ray (13): | 0.0009 | |
| Super Trend (3,10): | 0.6078 | |
| Zig ZAG (10): | 0.6120 | |
| VORTEX (21): | 1.0714 | |
| Stochastique (14,3,5): | 89.85 | |
| TEMA (21): | 0.6114 | |
| Williams %R (14): | -1.61 | |
| Chande Momentum Oscillator (20): | 0.0023 | |
| Repulse (5,40,3): | 0.2910 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0038 | |
| Courbe Coppock: | 0.30 |
| MA7: | 0.6131 | |
| MA20: | 0.6114 | |
| MA50: | 0.5968 | |
| MA100: | 0.5966 | |
| MAexp7: | 0.6115 | |
| MAexp20: | 0.6108 | |
| MAexp50: | 0.6111 | |
| MAexp100: | 0.6118 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | +0.23% | |
| Price / MA50: | +2.68% | |
| Price / MA100: | +2.72% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | +0.28% | |
| Price / MAexp100: | +0.16% |
Quotes :
2020-06-22 07:49:12
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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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