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 05/10/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 0.7198 USD

My targets

0.7395 USD (+0.0097)

0.7545 USD (+0.0247)

My analysis

The bullish trend is currently very strong on NZD/USD. As long as the price remains above the support at 0.7198 USD, you could try to benefit from the boom. The first bullish objective is located at 0.7395 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.7545 USD as an objective. Crossing it would then enable buyers to target 0.8168 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.2

Comment on the analysis

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:

Additional analysis

Quotes

The NZD/USD rating is 0.7298 USD. The price has increased by +0.25% since the last closing and was between 0.7271 USD and 0.7303 USD. This implies that the price is at +0.37% from its lowest and at -0.07% from its highest.

0.7271

0.7303

0.7298

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/USD:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this NZD/USD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

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:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6732	0.6929	0.7198	0.7298	0.7305	0.7395	0.7545
Change (%)	-7.76%	-5.06%	-1.37%	-	+0.10%	+1.33%	+3.38%
Change	-0.0566	-0.0369	-0.0100	-	+0.0007	+0.0097	+0.0247
Level	Intermediate	Major	Major	-	Minor	Major	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	0.7128	0.7167	0.7223	0.7262	0.7318	0.7357	0.7413
Camarilla	0.7254	0.7263	0.7271	0.7280	0.7289	0.7297	0.7306
Woodie	0.7138	0.7171	0.7233	0.7266	0.7328	0.7361	0.7423
Fibonacci	0.7167	0.7203	0.7225	0.7262	0.7298	0.7320	0.7357

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6978	0.7047	0.7163	0.7232	0.7348	0.7417	0.7533
Camarilla	0.7229	0.7246	0.7263	0.7280	0.7297	0.7314	0.7331
Woodie	0.7003	0.7059	0.7188	0.7244	0.7373	0.7429	0.7558
Fibonacci	0.7047	0.7117	0.7161	0.7232	0.7302	0.7346	0.7417

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6633	0.6789	0.6975	0.7131	0.7317	0.7473	0.7659
Camarilla	0.7067	0.7098	0.7130	0.7161	0.7192	0.7224	0.7255
Woodie	0.6648	0.6797	0.6990	0.7139	0.7332	0.7481	0.7674
Fibonacci	0.6789	0.6920	0.7000	0.7131	0.7262	0.7342	0.7473

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):	61.89
MACD (12,26,9):	0.0038
Directional Movement:	10.6115
AROON (14):	28.5714
DEMA (21):	0.7240
Parabolic SAR (0,02-0,02-0,2):	0.7119
Elder Ray (13):	0.0069
Super Trend (3,10):	0.7090
Zig ZAG (10):	0.7298
VORTEX (21):	1.1931
Stochastique (14,3,5):	84.85
TEMA (21):	0.7273
Williams %R (14):	-2.66
Chande Momentum Oscillator (20):	0.0143
Repulse (5,40,3):	1.3574
ROCnROLL:	1
TRIX (15,9):	0.0612
Courbe Coppock:	2.40

MA7:	0.7221
MA20:	0.7196
MA50:	0.7141
MA100:	0.7173
MAexp7:	0.7243
MAexp20:	0.7196
MAexp50:	0.7163
MAexp100:	0.7112
Price / MA7:	+1.07%
Price / MA20:	+1.42%
Price / MA50:	+2.20%
Price / MA100:	+1.74%
Price / MAexp7:	+0.76%
Price / MAexp20:	+1.42%
Price / MAexp50:	+1.88%
Price / MAexp100:	+2.62%

Quotes : - Real time data - Forex

News

The last news published on NZD/USD at the time of the generation of this analysis was as follows:

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

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