NZD/USD
NZD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: NZDUSD
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NZD/USD - 1H - Technical analysis published on 10/26/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 0.6656 USD
My targets
0.6705 USD (+0.0020)
0.6732 USD (+0.0047)
My analysis
The basic bullish trend is very strong on NZD/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.6656 USD. Crossing the first resistance at 0.6705 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.6732 USD as an objective. Crossing it would then enable buyers to target 0.6929 USD. Caution, a return to below 0.6656 USD would be a sign of a consolidation phase in the short-term basic trend. 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.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.5

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 huthayfa. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NZD/USD price is 0.6685 USD. The price registered a decrease of -0.06% on the session and was between 0.6672 USD and 0.6698 USD. This implies that the price is at +0.19% from its lowest and at -0.19% from its highest.

0.6672
0.6698
0.6685

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NZD/USD indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

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:

Central Patterns

Horizontal support is broken

Type : Bearish

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


S3S2S1PriceR1R2R3
ProTrendLines 0.6620 0.6656 0.6682 0.6685 0.6705 0.6732 0.6929
Change (%) -0.97% -0.43% -0.04% - +0.30% +0.70% +3.65%
Change -0.0065 -0.0029 -0.0003 - +0.0020 +0.0047 +0.0244
Level Minor Intermediate Intermediate - Intermediate Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.66130.66340.66620.66830.67110.67320.6760
Camarilla0.66760.66800.66850.66890.66940.66980.6703
Woodie0.66160.66360.66650.66850.67140.67340.6763
Fibonacci0.66340.66530.66650.66830.67020.67140.6732


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.64410.64970.65930.66490.67450.68010.6897
Camarilla0.66470.66610.66750.66890.67030.67170.6731
Woodie0.64610.65070.66130.66590.67650.68110.6917
Fibonacci0.64970.65550.65910.66490.67070.67430.6801


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62020.63560.64890.66430.67760.69300.7063
Camarilla0.65420.65680.65950.66210.66470.66740.6700
Woodie0.61910.63510.64780.66380.67650.69250.7052
Fibonacci0.63560.64660.65340.66430.67530.68210.6930

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): 47.32
MACD (12,26,9): 0.0003
Directional Movement: 0.9385
AROON (14): 28.5714
DEMA (21): 0.6688
Parabolic SAR (0,02-0,02-0,2): 0.6662
Elder Ray (13): 0.0001
Super Trend (3,10): 0.6704
Zig ZAG (10): 0.6677
VORTEX (21): 1.0711
Stochastique (14,3,5): 65.23
TEMA (21): 0.6687
Williams %R (14): -65.38
Chande Momentum Oscillator (20): -0.0006
Repulse (5,40,3): -0.1682
ROCnROLL: -1
TRIX (15,9): 0.0055
Courbe Coppock: 0.07
MA7: 0.6638
MA20: 0.6630
MA50: 0.6642
MA100: 0.6595
MAexp7: 0.6686
MAexp20: 0.6684
MAexp50: 0.6676
MAexp100: 0.6661
Price / MA7: +0.71%
Price / MA20: +0.83%
Price / MA50: +0.65%
Price / MA100: +1.36%
Price / MAexp7: -0%
Price / MAexp20: +0.03%
Price / MAexp50: +0.15%
Price / MAexp100: +0.38%

Quotes : 2020-10-26 13:09:35 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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