NZD/USD
NZD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: NZDUSD
ISIN:

NZD/USD - 1H - Technical analysis published on 03/22/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 0.7168 USD
My targets
0.7131 USD (-0.0028)
0.7064 USD (-0.0095)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NZD/USD. As long as you are under the resistance located at 0.7168 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.7131 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.7064 USD as an objective. Crossing it would then enable sellers to target 0.6929 USD. If the resistance 0.7168 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.1

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

Additional analysis

Quotes

The NZD/USD rating is 0.7159 USD. On the day, this instrument lost -0.07% and was traded between 0.7138 USD and 0.7163 USD over the period. The price is currently at +0.29% from its lowest and -0.06% from its highest.

0.7138
0.7163
0.7159

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.

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:

Technical


Technical analysis of NZD/USD in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6929 0.7131 0.7152 0.7159 0.7168 0.7198 0.7217
Change (%) -3.21% -0.39% -0.10% - +0.13% +0.54% +0.81%
Change -0.0230 -0.0028 -0.0007 - +0.0009 +0.0039 +0.0058
Level Major Minor Major - Major Major Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.70950.71190.71410.71650.71870.72110.7233
Camarilla0.71510.71560.71600.71640.71680.71720.7177
Woodie0.70950.71190.71410.71650.71870.72110.7233
Fibonacci0.71190.71360.71470.71650.71820.71930.7211


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.69860.70640.71140.71920.72420.73200.7370
Camarilla0.71290.71410.71520.71640.71760.71880.7199
Woodie0.69720.70570.71000.71850.72280.73130.7356
Fibonacci0.70640.71130.71430.71920.72410.72710.7320


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.67620.69480.70920.72780.74220.76080.7752
Camarilla0.71440.71750.72050.72350.72650.72960.7326
Woodie0.67400.69380.70700.72680.74000.75980.7730
Fibonacci0.69480.70740.71520.72780.74040.74820.7608

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 47.58
MACD (12,26,9): -0.0005
Directional Movement: -9.1731
AROON (14): -50.0000
DEMA (21): 0.7150
Parabolic SAR (0,02-0,02-0,2): 0.7163
Elder Ray (13): -0.0002
Super Trend (3,10): 0.7186
Zig ZAG (10): 0.7159
VORTEX (21): 0.9312
Stochastique (14,3,5): 45.69
TEMA (21): 0.7152
Williams %R (14): -38.71
Chande Momentum Oscillator (20): -0.0006
Repulse (5,40,3): 0.0841
ROCnROLL: -1
TRIX (15,9): -0.0127
Courbe Coppock: 0.30
MA7: 0.7187
MA20: 0.7228
MA50: 0.7212
MA100: 0.7111
MAexp7: 0.7154
MAexp20: 0.7158
MAexp50: 0.7170
MAexp100: 0.7179
Price / MA7: -0.39%
Price / MA20: -0.95%
Price / MA50: -0.73%
Price / MA100: +0.68%
Price / MAexp7: +0.07%
Price / MAexp20: +0.01%
Price / MAexp50: -0.15%
Price / MAexp100: -0.28%

Quotes : 2021-03-22 08:55:51 - Real time data - Forex

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

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