NZD/CHF - 1H - Technical analysis published on 02/08/2021 (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
56%
11%
33%
My opinion
Bullish above 0.6446 CHF
My targets
0.6499 CHF (+0.0013)
0.6583 CHF (+0.0097)
My analysis
The bullish trend is currently very strong on NZD/CHF. As long as the price remains above the support at 0.6446 CHF, you could try to benefit from the boom. The first bullish objective is located at 0.6499 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.6583 CHF as an objective. Crossing it would then enable buyers to target 0.6727 CHF. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8
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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 0.6486 CHF. The price has increased by +0.22% since the last closing and was between 0.6453 CHF and 0.6490 CHF. This implies that the price is at +0.51% from its lowest and at -0.06% from its highest.0.6453
0.6490
0.6486
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
Here is a more detailed summary of the historical variations registered by NZD/CHF:
Technical
Technical analysis of this 1H chart of NZD/CHF indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
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 | 0.6360 | 0.6423 | 0.6446 | 0.6486 | 0.6499 | 0.6727 | 0.6914 |
| Change (%) | -1.94% | -0.97% | -0.62% | - | +0.20% | +3.72% | +6.60% |
| Change | -0.0126 | -0.0063 | -0.0040 | - | +0.0013 | +0.0241 | +0.0428 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6414 | 0.6430 | 0.6451 | 0.6467 | 0.6488 | 0.6504 | 0.6525 |
| Camarilla | 0.6462 | 0.6465 | 0.6469 | 0.6472 | 0.6475 | 0.6479 | 0.6482 |
| Woodie | 0.6417 | 0.6431 | 0.6454 | 0.6468 | 0.6491 | 0.6505 | 0.6528 |
| Fibonacci | 0.6430 | 0.6444 | 0.6453 | 0.6467 | 0.6481 | 0.6490 | 0.6504 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6249 | 0.6305 | 0.6388 | 0.6444 | 0.6527 | 0.6583 | 0.6666 |
| Camarilla | 0.6434 | 0.6447 | 0.6459 | 0.6472 | 0.6485 | 0.6498 | 0.6510 |
| Woodie | 0.6264 | 0.6312 | 0.6403 | 0.6451 | 0.6542 | 0.6590 | 0.6681 |
| Fibonacci | 0.6305 | 0.6358 | 0.6391 | 0.6444 | 0.6497 | 0.6530 | 0.6583 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6187 | 0.6245 | 0.6325 | 0.6383 | 0.6463 | 0.6521 | 0.6601 |
| Camarilla | 0.6367 | 0.6380 | 0.6392 | 0.6405 | 0.6418 | 0.6430 | 0.6443 |
| Woodie | 0.6198 | 0.6251 | 0.6336 | 0.6389 | 0.6474 | 0.6527 | 0.6612 |
| Fibonacci | 0.6245 | 0.6298 | 0.6330 | 0.6383 | 0.6436 | 0.6468 | 0.6521 |
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): | 53.00 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 0.6831 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 0.6477 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6466 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 0.6450 | |
| Zig ZAG (10): | 0.6479 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 64.26 | |
| TEMA (21): | 0.6478 | |
| Williams %R (14): | -20.00 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | 0.1591 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0043 | |
| Courbe Coppock: | 0.03 |
| MA7: | 0.6457 | |
| MA20: | 0.6404 | |
| MA50: | 0.6356 | |
| MA100: | 0.6245 | |
| MAexp7: | 0.6478 | |
| MAexp20: | 0.6476 | |
| MAexp50: | 0.6473 | |
| MAexp100: | 0.6463 | |
| Price / MA7: | +0.45% | |
| Price / MA20: | +1.28% | |
| Price / MA50: | +2.05% | |
| Price / MA100: | +3.86% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.20% | |
| Price / MAexp100: | +0.36% |
Quotes :
2021-02-08 15:09:15
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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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