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

NZD/USD - Daily - Technical analysis published on 04/16/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.7064 USD
My targets
0.7198 USD (+0.0039)
0.7305 USD (+0.0146)
My analysis
A bullish trend on NZD/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.7064 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.7198 USD. Then the price could move towards 0.7305 USD. Then 0.7395 USD by extension. Be careful, a return below 0.7064 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9

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. 1H Weekly

Additional analysis

Quotes

The NZD/USD rating is 0.7159 USD. The price is lower by -0.22% since the last closing and was between 0.7150 USD and 0.7178 USD. This implies that the price is at +0.13% from its lowest and at -0.26% from its highest.

0.7150
0.7178
0.7159

Here is a more detailed summary of the historical variations registered by NZD/USD:

Technical


Technical analysis of NZD/USD in Daily shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6732 0.6929 0.7064 0.7159 0.7198 0.7305 0.7395
Change (%) -5.96% -3.21% -1.33% - +0.54% +2.04% +3.30%
Change -0.0427 -0.0230 -0.0095 - +0.0039 +0.0146 +0.0236
Level Intermediate Major Intermediate - Major Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.71050.71220.71480.71650.71910.72080.7234
Camarilla0.71630.71670.71710.71750.71790.71830.7187
Woodie0.71110.71240.71540.71670.71970.72100.7240
Fibonacci0.71220.71380.71480.71650.71810.71910.7208


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.69240.69600.69970.70330.70700.71060.7143
Camarilla0.70130.70200.70260.70330.70400.70460.7053
Woodie0.69240.69600.69970.70330.70700.71060.7143
Fibonacci0.69600.69880.70050.70330.70610.70780.7106


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.64840.67140.68480.70780.72120.74420.7576
Camarilla0.68830.69160.69500.69830.70160.70500.7083
Woodie0.64370.66900.68010.70540.71650.74180.7529
Fibonacci0.67140.68530.69390.70780.72170.73030.7442

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): 57.21
MACD (12,26,9): -0.0005
Directional Movement: 9.0619
AROON (14): 71.4285
DEMA (21): 0.7070
Parabolic SAR (0,02-0,02-0,2): 0.6956
Elder Ray (13): 0.0075
Super Trend (3,10): 0.7190
Zig ZAG (10): 0.7160
VORTEX (21): 0.9928
Stochastique (14,3,5): 93.97
TEMA (21): 0.7091
Williams %R (14): -9.75
Chande Momentum Oscillator (20): 0.0174
Repulse (5,40,3): 1.0505
ROCnROLL: 1
TRIX (15,9): -0.0663
Courbe Coppock: 2.31
MA7: 0.7094
MA20: 0.7045
MA50: 0.7158
MA100: 0.7149
MAexp7: 0.7110
MAexp20: 0.7089
MAexp50: 0.7115
MAexp100: 0.7074
Price / MA7: +0.92%
Price / MA20: +1.62%
Price / MA50: +0.01%
Price / MA100: +0.14%
Price / MAexp7: +0.69%
Price / MAexp20: +0.99%
Price / MAexp50: +0.62%
Price / MAexp100: +1.20%

Quotes : - Real time data - Forex

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

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