NZD/CHF - 1H - Technical analysis published on 10/13/2020 (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:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.6058 CHF
My targets
0.6091 CHF (+0.0010)
0.6117 CHF (+0.0036)
My analysis
NZD/CHF is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.6058 CHF. The next resistance located at 0.6091 CHF is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.6117 CHF. After this resistance, buyers could then target 0.6161 CHF. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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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
The NZD/CHF rating is 0.6081 CHF. On the day, this instrument gained +0.61% and was traded between 0.6031 CHF and 0.6083 CHF over the period. The price is currently at +0.83% from its lowest and -0.03% from its highest.0.6031
0.6083
0.6081
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
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
A technical analysis in 1H of this NZD/CHF chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
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
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. 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 3
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 several results that can have an impact on the price change:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6031 | 0.6058 | 0.6075 | 0.6081 | 0.6091 | 0.6117 | 0.6161 |
| Change (%) | -0.82% | -0.38% | -0.10% | - | +0.16% | +0.59% | +1.32% |
| Change | -0.0050 | -0.0023 | -0.0006 | - | +0.0010 | +0.0036 | +0.0080 |
| Level | Major | Minor | Intermediate | - | Minor | 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 | 0.6023 | 0.6029 | 0.6037 | 0.6043 | 0.6051 | 0.6057 | 0.6065 |
| Camarilla | 0.6040 | 0.6041 | 0.6043 | 0.6044 | 0.6045 | 0.6047 | 0.6048 |
| Woodie | 0.6023 | 0.6030 | 0.6037 | 0.6044 | 0.6051 | 0.6058 | 0.6065 |
| Fibonacci | 0.6029 | 0.6035 | 0.6038 | 0.6043 | 0.6049 | 0.6052 | 0.6057 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5903 | 0.5952 | 0.6012 | 0.6061 | 0.6121 | 0.6170 | 0.6230 |
| Camarilla | 0.6041 | 0.6051 | 0.6061 | 0.6071 | 0.6081 | 0.6091 | 0.6101 |
| Woodie | 0.5908 | 0.5955 | 0.6017 | 0.6064 | 0.6126 | 0.6173 | 0.6235 |
| Fibonacci | 0.5952 | 0.5994 | 0.6020 | 0.6061 | 0.6103 | 0.6129 | 0.6170 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5857 | 0.5940 | 0.6019 | 0.6102 | 0.6181 | 0.6264 | 0.6343 |
| Camarilla | 0.6053 | 0.6067 | 0.6082 | 0.6097 | 0.6112 | 0.6127 | 0.6142 |
| Woodie | 0.5854 | 0.5939 | 0.6016 | 0.6101 | 0.6178 | 0.6263 | 0.6340 |
| Fibonacci | 0.5940 | 0.6002 | 0.6040 | 0.6102 | 0.6164 | 0.6202 | 0.6264 |
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): | 64.12 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 16.3168 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 0.6062 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6046 | |
| Elder Ray (13): | 0.0013 | |
| Super Trend (3,10): | 0.6043 | |
| Zig ZAG (10): | 0.6080 | |
| VORTEX (21): | 1.1244 | |
| Stochastique (14,3,5): | 84.53 | |
| TEMA (21): | 0.6068 | |
| Williams %R (14): | -1.92 | |
| Chande Momentum Oscillator (20): | 0.0037 | |
| Repulse (5,40,3): | 0.4499 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0036 | |
| Courbe Coppock: | 0.78 |
| MA7: | 0.6057 | |
| MA20: | 0.6083 | |
| MA50: | 0.6057 | |
| MA100: | 0.6094 | |
| MAexp7: | 0.6066 | |
| MAexp20: | 0.6058 | |
| MAexp50: | 0.6054 | |
| MAexp100: | 0.6055 | |
| Price / MA7: | +0.40% | |
| Price / MA20: | -0.03% | |
| Price / MA50: | +0.40% | |
| Price / MA100: | -0.21% | |
| Price / MAexp7: | +0.25% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.45% | |
| Price / MAexp100: | +0.43% |
Quotes :
2020-10-13 15:55:26
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Real time data
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Forex
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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