NZD/NOK - 1H - Technical analysis published on 08/30/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
28%
33%
39%
My opinion
Neutral between 5.7375 NOK and 5.7540 NOK
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on NZD/NOK. It is difficult to advise a trading direction under these conditions. The first resistance is located at 5.7540 NOK. The first support is located at 5.7375 NOK. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
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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/NOK price is 5.7383 NOK. The price registered a decrease of -0.11% on the session and was between 5.7284 NOK and 5.7472 NOK. This implies that the price is at +0.17% from its lowest and at -0.15% from its highest.5.7284
5.7472
5.7383
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/NOK:
Technical
A technical analysis in 1H of this NZD/NOK chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.7067 | 5.7277 | 5.7375 | 5.7383 | 5.7540 | 5.7697 | 5.7859 |
| Change (%) | -0.55% | -0.18% | -0.01% | - | +0.27% | +0.55% | +0.83% |
| Change | -0.0316 | -0.0106 | -0.0008 | - | +0.0157 | +0.0314 | +0.0476 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | 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 | 5.6619 | 5.6843 | 5.7145 | 5.7369 | 5.7671 | 5.7895 | 5.8197 |
| Camarilla | 5.7302 | 5.7351 | 5.7399 | 5.7447 | 5.7495 | 5.7543 | 5.7592 |
| Woodie | 5.6658 | 5.6863 | 5.7184 | 5.7389 | 5.7710 | 5.7915 | 5.8236 |
| Fibonacci | 5.6843 | 5.7044 | 5.7168 | 5.7369 | 5.7570 | 5.7694 | 5.7895 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5990 | 5.6521 | 5.6920 | 5.7451 | 5.7850 | 5.8381 | 5.8780 |
| Camarilla | 5.7062 | 5.7148 | 5.7233 | 5.7318 | 5.7403 | 5.7489 | 5.7574 |
| Woodie | 5.5923 | 5.6488 | 5.6853 | 5.7418 | 5.7783 | 5.8348 | 5.8713 |
| Fibonacci | 5.6521 | 5.6877 | 5.7096 | 5.7451 | 5.7807 | 5.8026 | 5.8381 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5549 | 5.6190 | 5.7116 | 5.7757 | 5.8683 | 5.9324 | 6.0250 |
| Camarilla | 5.7610 | 5.7754 | 5.7897 | 5.8041 | 5.8185 | 5.8328 | 5.8472 |
| Woodie | 5.5691 | 5.6261 | 5.7258 | 5.7828 | 5.8825 | 5.9395 | 6.0392 |
| Fibonacci | 5.6190 | 5.6789 | 5.7159 | 5.7757 | 5.8356 | 5.8726 | 5.9324 |
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): | 47.89 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | -4.0170 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 5.7407 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.7442 | |
| Elder Ray (13): | -0.0028 | |
| Super Trend (3,10): | 5.7205 | |
| Zig ZAG (10): | 5.7381 | |
| VORTEX (21): | 0.9242 | |
| Stochastique (14,3,5): | 53.89 | |
| TEMA (21): | 5.7396 | |
| Williams %R (14): | -43.01 | |
| Chande Momentum Oscillator (20): | -0.0063 | |
| Repulse (5,40,3): | 0.0635 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0056 | |
| Courbe Coppock: | 0.25 |
| MA7: | 5.7378 | |
| MA20: | 5.7606 | |
| MA50: | 5.7518 | |
| MA100: | 5.7367 | |
| MAexp7: | 5.7389 | |
| MAexp20: | 5.7389 | |
| MAexp50: | 5.7365 | |
| MAexp100: | 5.7363 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | -0.39% | |
| Price / MA50: | -0.23% | |
| Price / MA100: | +0.03% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.04% |
This member declared not having a position on this financial instrument or a related financial instrument.
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