NZD/CHF - 1H - Technical analysis published on 10/03/2022 (GMT)
- 117
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.5570 CHF
My targets
0.5597 CHF (+0.0015)
0.5622 CHF (+0.0040)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on NZD/CHF as long as the price remains well above 0.5570 CHF. The buyers' bullish objective is set at 0.5597 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.5622 CHF. If there is any crossing, the next objective would be the resistance located at 0.5671 CHF.
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
5.4
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/CHF rating 0.5582 CHF. The price registered an increase of +1.11% on the session and was traded between 0.5508 CHF and 0.5586 CHF over the period. The price is currently at +1.34% from its lowest and -0.07% from its highest.0.5508
0.5586
0.5582
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NZD/CHF indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.5531 | 0.5582 | 0.5597 | 0.5671 | 0.5759 |
| Change (%) | -0.91% | - | +0.27% | +1.59% | +3.17% |
| Change | -0.0051 | - | +0.0015 | +0.0089 | +0.0177 |
| Level | Major | - | Major | Minor | Minor |
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 | 0.5410 | 0.5464 | 0.5492 | 0.5546 | 0.5574 | 0.5628 | 0.5656 |
| Camarilla | 0.5499 | 0.5506 | 0.5514 | 0.5521 | 0.5529 | 0.5536 | 0.5544 |
| Woodie | 0.5398 | 0.5458 | 0.5480 | 0.5540 | 0.5562 | 0.5622 | 0.5644 |
| Fibonacci | 0.5464 | 0.5495 | 0.5514 | 0.5546 | 0.5577 | 0.5596 | 0.5628 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5314 | 0.5416 | 0.5468 | 0.5570 | 0.5622 | 0.5724 | 0.5776 |
| Camarilla | 0.5479 | 0.5493 | 0.5507 | 0.5521 | 0.5535 | 0.5549 | 0.5563 |
| Woodie | 0.5290 | 0.5404 | 0.5444 | 0.5558 | 0.5598 | 0.5712 | 0.5752 |
| Fibonacci | 0.5416 | 0.5475 | 0.5511 | 0.5570 | 0.5629 | 0.5665 | 0.5724 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.4846 | 0.5182 | 0.5351 | 0.5687 | 0.5856 | 0.6192 | 0.6361 |
| Camarilla | 0.5382 | 0.5428 | 0.5475 | 0.5521 | 0.5567 | 0.5614 | 0.5660 |
| Woodie | 0.4764 | 0.5140 | 0.5269 | 0.5645 | 0.5774 | 0.6150 | 0.6279 |
| Fibonacci | 0.5182 | 0.5375 | 0.5494 | 0.5687 | 0.5880 | 0.5999 | 0.6192 |
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): | 62.13 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 6.7763 | |
| AROON (14): | 71.4285 | |
| DEMA (21): | 0.5552 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5526 | |
| Elder Ray (13): | 0.0014 | |
| Super Trend (3,10): | 0.5522 | |
| Zig ZAG (10): | 0.5582 | |
| VORTEX (21): | 0.9719 | |
| Stochastique (14,3,5): | 87.52 | |
| TEMA (21): | 0.5558 | |
| Williams %R (14): | -3.90 | |
| Chande Momentum Oscillator (20): | 0.0061 | |
| Repulse (5,40,3): | 0.5274 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0177 | |
| Courbe Coppock: | 0.62 |
| MA7: | 0.5590 | |
| MA20: | 0.5722 | |
| MA50: | 0.5884 | |
| MA100: | 0.6005 | |
| MAexp7: | 0.5562 | |
| MAexp20: | 0.5555 | |
| MAexp50: | 0.5563 | |
| MAexp100: | 0.5580 | |
| Price / MA7: | -0.14% | |
| Price / MA20: | -2.45% | |
| Price / MA50: | -5.13% | |
| Price / MA100: | -7.04% | |
| Price / MAexp7: | +0.38% | |
| Price / MAexp20: | +0.50% | |
| Price / MAexp50: | +0.36% | |
| Price / MAexp100: | +0.05% |
Quotes :
-
Real time data
-
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis NZD/CHF - 1H