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 05/25/2021 (GMT)

  • 112
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Are you looking for opportunities in indices and forex?
Discover Londinia Opportunities...

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 0.7198 USD
My targets
0.7235 USD (+0.0011)
0.7255 USD (+0.0031)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.7198 USD remains possible. It is advisable to trade NZD/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.7198 USD. The next bullish objective for buyers is set at 0.7235 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.7255 USD. If there is any crossing, the next objective would be the resistance located at 0.7278 USD. PS: if there is a bearish break in the support located at 0.7198 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.5

This analysis was given by scoxino. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
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.

Additional analysis

Quotes

The NZD/USD rating is 0.7224 USD. The price registered an increase of +0.14% on the session and was between 0.7208 USD and 0.7250 USD. This implies that the price is at +0.22% from its lowest and at -0.36% from its highest.

0.7208
0.7250
0.7224

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NZD/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

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 0.7181 0.7198 0.7223 0.7224 0.7235 0.7255 0.7278
Change (%) -0.60% -0.36% -0.01% - +0.15% +0.43% +0.75%
Change -0.0043 -0.0026 -0.0001 - +0.0011 +0.0031 +0.0054
Level Intermediate Major Intermediate - Minor Intermediate Major



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
Standard0.71110.71350.71740.71980.72370.72610.7300
Camarilla0.71970.72030.72080.72140.72200.72260.7231
Woodie0.71200.71390.71830.72020.72460.72650.7309
Fibonacci0.71350.71590.71740.71980.72220.72370.7261


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.70040.70780.71240.71980.72440.73180.7364
Camarilla0.71380.71490.71600.71710.71820.71930.7204
Woodie0.69910.70710.71110.71910.72310.73110.7351
Fibonacci0.70780.71240.71520.71980.72440.72720.7318


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.66330.67890.69750.71310.73170.74730.7659
Camarilla0.70670.70980.71300.71610.71920.72240.7255
Woodie0.66480.67970.69900.71390.73320.74810.7674
Fibonacci0.67890.69200.70000.71310.72620.73420.7473

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): 50.85
MACD (12,26,9): 0.0004
Directional Movement: -2.4708
AROON (14): -28.5714
DEMA (21): 0.7232
Parabolic SAR (0,02-0,02-0,2): 0.7239
Elder Ray (13): -0.0004
Super Trend (3,10): 0.7203
Zig ZAG (10): 0.7224
VORTEX (21): 1.0304
Stochastique (14,3,5): 38.33
TEMA (21): 0.7228
Williams %R (14): -65.00
Chande Momentum Oscillator (20): -0.0019
Repulse (5,40,3): -0.0248
ROCnROLL: -1
TRIX (15,9): 0.0125
Courbe Coppock: 0.11
MA7: 0.7203
MA20: 0.7216
MA50: 0.7142
MA100: 0.7180
MAexp7: 0.7227
MAexp20: 0.7225
MAexp50: 0.7215
MAexp100: 0.7208
Price / MA7: +0.29%
Price / MA20: +0.11%
Price / MA50: +1.15%
Price / MA100: +0.61%
Price / MAexp7: -0.04%
Price / MAexp20: -0.01%
Price / MAexp50: +0.12%
Price / MAexp100: +0.22%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on NZD/USD. At the time of publication of this analysis, the latest news was as follows:

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

About author

Online

Overall rating :
13833
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis NZD/USD - 1H