NZD/CHF - 1H - Technical analysis published on 05/17/2021 (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
Short term:
Bearish
Underlying:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.6534 CHF
My targets
0.6495 CHF (-0.0021)
0.6484 CHF (-0.0032)
My analysis
All elements being rather 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 0.6534 CHF. The next bearish objective for sellers is set at 0.6495 CHF. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 0.6484 CHF. If there is any crossing, the next objective would be the support located at 0.6427 CHF. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
4.6
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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
NZD/CHF rating 0.6516 CHF. The price registered a decrease of -0.23% on the session and was between 0.6507 CHF and 0.6538 CHF. This implies that the price is at +0.14% from its lowest and at -0.34% from its highest.0.6507
0.6538
0.6516
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this NZD/CHF chart shows a bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
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:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
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 | 0.6484 | 0.6495 | 0.6515 | 0.6516 | 0.6534 | 0.6552 | 0.6577 |
| Change (%) | -0.49% | -0.32% | -0.02% | - | +0.28% | +0.55% | +0.94% |
| Change | -0.0032 | -0.0021 | -0.0001 | - | +0.0018 | +0.0036 | +0.0061 |
| Level | Minor | Minor | Intermediate | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6435 | 0.6460 | 0.6495 | 0.6520 | 0.6555 | 0.6580 | 0.6615 |
| Camarilla | 0.6515 | 0.6520 | 0.6526 | 0.6531 | 0.6537 | 0.6542 | 0.6548 |
| Woodie | 0.6441 | 0.6463 | 0.6501 | 0.6523 | 0.6561 | 0.6583 | 0.6621 |
| Fibonacci | 0.6460 | 0.6483 | 0.6497 | 0.6520 | 0.6543 | 0.6557 | 0.6580 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6375 | 0.6426 | 0.6478 | 0.6529 | 0.6581 | 0.6632 | 0.6684 |
| Camarilla | 0.6503 | 0.6512 | 0.6522 | 0.6531 | 0.6540 | 0.6550 | 0.6559 |
| Woodie | 0.6377 | 0.6426 | 0.6480 | 0.6529 | 0.6583 | 0.6632 | 0.6686 |
| Fibonacci | 0.6426 | 0.6465 | 0.6489 | 0.6529 | 0.6568 | 0.6592 | 0.6632 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6286 | 0.6379 | 0.6459 | 0.6552 | 0.6632 | 0.6725 | 0.6805 |
| Camarilla | 0.6491 | 0.6507 | 0.6523 | 0.6539 | 0.6555 | 0.6571 | 0.6587 |
| Woodie | 0.6280 | 0.6376 | 0.6453 | 0.6549 | 0.6626 | 0.6722 | 0.6799 |
| Fibonacci | 0.6379 | 0.6445 | 0.6486 | 0.6552 | 0.6618 | 0.6659 | 0.6725 |
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): | 45.24 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -6.6103 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 0.6522 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6530 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 0.6543 | |
| Zig ZAG (10): | 0.6516 | |
| VORTEX (21): | 1.1106 | |
| Stochastique (14,3,5): | 13.62 | |
| TEMA (21): | 0.6522 | |
| Williams %R (14): | -83.78 | |
| Chande Momentum Oscillator (20): | -0.0028 | |
| Repulse (5,40,3): | -0.1648 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0099 | |
| Courbe Coppock: | 0.36 |
| MA7: | 0.6532 | |
| MA20: | 0.6561 | |
| MA50: | 0.6582 | |
| MA100: | 0.6521 | |
| MAexp7: | 0.6518 | |
| MAexp20: | 0.6521 | |
| MAexp50: | 0.6520 | |
| MAexp100: | 0.6526 | |
| Price / MA7: | -0.24% | |
| Price / MA20: | -0.69% | |
| Price / MA50: | -1.00% | |
| Price / MA100: | -0.08% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.06% | |
| Price / MAexp100: | -0.15% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on NZD/CHF. At the time of publication of this analysis, the latest news 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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