NZD/CHF - 1H - Technical analysis published on 11/06/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 0.6101 CHF
My targets
0.6135 CHF (+0.0016)
0.6163 CHF (+0.0044)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.6101 CHF remains possible. 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 0.6101 CHF. The next bullish objective for buyers is set at 0.6135 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6163 CHF. If there is any crossing, the next objective would be the resistance located at 0.6297 CHF. PS: if there is a bearish break in the support located at 0.6101 CHF we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.1
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This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/CHF rating is 0.6119 CHF. The price registered an increase of +0.05% on the session with the lowest point at 0.6113 CHF and the highest point at 0.6140 CHF. The deviation from the price is +0.10% for the low point and -0.34% for the high point.0.6113
0.6140
0.6119
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/CHF:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/CHF in 1H shows an overall bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral 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.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6075 | 0.6088 | 0.6101 | 0.6119 | 0.6135 | 0.6163 | 0.6297 |
| Change (%) | -0.72% | -0.51% | -0.29% | - | +0.26% | +0.72% | +2.91% |
| Change | -0.0044 | -0.0031 | -0.0018 | - | +0.0016 | +0.0044 | +0.0178 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6054 | 0.6074 | 0.6095 | 0.6115 | 0.6136 | 0.6156 | 0.6177 |
| Camarilla | 0.6105 | 0.6109 | 0.6112 | 0.6116 | 0.6120 | 0.6124 | 0.6127 |
| Woodie | 0.6055 | 0.6074 | 0.6096 | 0.6115 | 0.6137 | 0.6156 | 0.6178 |
| Fibonacci | 0.6074 | 0.6090 | 0.6099 | 0.6115 | 0.6131 | 0.6140 | 0.6156 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5953 | 0.5995 | 0.6028 | 0.6070 | 0.6103 | 0.6145 | 0.6178 |
| Camarilla | 0.6040 | 0.6047 | 0.6054 | 0.6061 | 0.6068 | 0.6075 | 0.6082 |
| Woodie | 0.5949 | 0.5993 | 0.6024 | 0.6068 | 0.6099 | 0.6143 | 0.6174 |
| Fibonacci | 0.5995 | 0.6024 | 0.6041 | 0.6070 | 0.6099 | 0.6116 | 0.6145 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5798 | 0.5873 | 0.5967 | 0.6042 | 0.6136 | 0.6211 | 0.6305 |
| Camarilla | 0.6015 | 0.6030 | 0.6046 | 0.6061 | 0.6077 | 0.6092 | 0.6108 |
| Woodie | 0.5808 | 0.5878 | 0.5977 | 0.6047 | 0.6146 | 0.6216 | 0.6315 |
| Fibonacci | 0.5873 | 0.5938 | 0.5977 | 0.6042 | 0.6107 | 0.6146 | 0.6211 |
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): | 54.73 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 11.3097 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 0.6130 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6110 | |
| Elder Ray (13): | 0.0005 | |
| Super Trend (3,10): | 0.6096 | |
| Zig ZAG (10): | 0.6124 | |
| VORTEX (21): | 1.0876 | |
| Stochastique (14,3,5): | 65.69 | |
| TEMA (21): | 0.6130 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | -0.0003 | |
| Repulse (5,40,3): | -0.1554 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0127 | |
| Courbe Coppock: | 0.09 |
| MA7: | 0.6099 | |
| MA20: | 0.6065 | |
| MA50: | 0.6081 | |
| MA100: | 0.6084 | |
| MAexp7: | 0.6125 | |
| MAexp20: | 0.6124 | |
| MAexp50: | 0.6114 | |
| MAexp100: | 0.6103 | |
| Price / MA7: | +0.33% | |
| Price / MA20: | +0.89% | |
| Price / MA50: | +0.62% | |
| Price / MA100: | +0.58% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | +0.26% |
Quotes :
2020-11-06 09:28:10
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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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