NZD/USD - 1H - Technical analysis published on 08/06/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.6642 USD
My targets
0.6625 USD (-0.0008)
0.6589 USD (-0.0044)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NZD/USD as long as the price remains well below 0.6642 USD. The sellers” bearish objective is set at 0.6625 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6589 USD. In case of crossing, the next objective would be the support located at 0.6570 USD.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5
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This analysis was given by TheFuss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/USD rating is 0.6633 USD. The price is lower by -0.20% since the last closing and was between 0.6628 USD and 0.6658 USD. This implies that the price is at +0.08% from its lowest and at -0.38% from its highest.0.6628
0.6658
0.6633
Here is a more detailed summary of the historical variations registered by NZD/USD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NZD/USD in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.6570 | 0.6589 | 0.6625 | 0.6633 | 0.6642 | 0.6680 | 0.6703 |
| Change (%) | -0.95% | -0.66% | -0.12% | - | +0.14% | +0.71% | +1.06% |
| Change | -0.0063 | -0.0044 | -0.0008 | - | +0.0009 | +0.0047 | +0.0070 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6582 | 0.6606 | 0.6626 | 0.6650 | 0.6670 | 0.6694 | 0.6714 |
| Camarilla | 0.6634 | 0.6638 | 0.6642 | 0.6646 | 0.6650 | 0.6654 | 0.6658 |
| Woodie | 0.6580 | 0.6605 | 0.6624 | 0.6649 | 0.6668 | 0.6693 | 0.6712 |
| Fibonacci | 0.6606 | 0.6623 | 0.6633 | 0.6650 | 0.6667 | 0.6677 | 0.6694 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6499 | 0.6559 | 0.6595 | 0.6655 | 0.6691 | 0.6751 | 0.6787 |
| Camarilla | 0.6604 | 0.6612 | 0.6621 | 0.6630 | 0.6639 | 0.6648 | 0.6656 |
| Woodie | 0.6486 | 0.6553 | 0.6582 | 0.6649 | 0.6678 | 0.6745 | 0.6774 |
| Fibonacci | 0.6559 | 0.6596 | 0.6619 | 0.6655 | 0.6692 | 0.6715 | 0.6751 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6199 | 0.6319 | 0.6475 | 0.6595 | 0.6751 | 0.6871 | 0.7027 |
| Camarilla | 0.6554 | 0.6579 | 0.6605 | 0.6630 | 0.6655 | 0.6681 | 0.6706 |
| Woodie | 0.6216 | 0.6328 | 0.6492 | 0.6604 | 0.6768 | 0.6880 | 0.7044 |
| Fibonacci | 0.6319 | 0.6425 | 0.6490 | 0.6595 | 0.6701 | 0.6766 | 0.6871 |
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): | 41.58 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | -3.0348 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 0.6650 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6659 | |
| Elder Ray (13): | -0.0011 | |
| Super Trend (3,10): | 0.6620 | |
| Zig ZAG (10): | 0.6634 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 20.56 | |
| TEMA (21): | 0.6646 | |
| Williams %R (14): | -91.11 | |
| Chande Momentum Oscillator (20): | -0.0028 | |
| Repulse (5,40,3): | -0.2825 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0101 | |
| Courbe Coppock: | 0.36 |
| MA7: | 0.6645 | |
| MA20: | 0.6617 | |
| MA50: | 0.6524 | |
| MA100: | 0.6272 | |
| MAexp7: | 0.6644 | |
| MAexp20: | 0.6646 | |
| MAexp50: | 0.6640 | |
| MAexp100: | 0.6640 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | +0.24% | |
| Price / MA50: | +1.67% | |
| Price / MA100: | +5.76% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | -0.11% |
Quotes :
2020-08-06 03:02:53
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Real time data
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Forex
News
The latest news and videos published on NZD/USD at the time of the analysis were as follows:
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This member declared not having a position on this financial instrument or a related financial instrument.
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