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 06/17/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.7116 USD
My targets
0.7042 USD (-0.0024)
0.6958 USD (-0.0108)
My analysis
NZD/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.7116 USD. The next support located at 0.7042 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.6958 USD. Below this support, sellers could then target 0.6931 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.8

Complete this analysis for 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 price is 0.7066 USD. The price is lower by -0.07% since the last closing and was between 0.7058 USD and 0.7102 USD. This implies that the price is at +0.11% from its lowest and at -0.51% from its highest.

0.7058
0.7102
0.7066

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NZD/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. 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.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6732 0.6931 0.7042 0.7066 0.7116 0.7160 0.7214
Change (%) -4.73% -1.91% -0.34% - +0.71% +1.33% +2.09%
Change -0.0334 -0.0135 -0.0024 - +0.0050 +0.0094 +0.0148
Level Intermediate Major Intermediate - Minor Major Intermediate



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
Standard0.69110.69760.70240.70890.71370.72020.7250
Camarilla0.70400.70500.70610.70710.70810.70920.7102
Woodie0.69020.69720.70150.70850.71280.71980.7241
Fibonacci0.69760.70200.70460.70890.71330.71590.7202


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.69580.70370.70850.71640.72120.72910.7339
Camarilla0.70980.71100.71210.71330.71450.71560.7168
Woodie0.69430.70290.70700.71560.71970.72830.7324
Fibonacci0.70370.70860.71160.71640.72130.72430.7291


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.69540.70350.71550.72360.73560.74370.7557
Camarilla0.72210.72390.72580.72760.72940.73130.7331
Woodie0.69750.70450.71760.72460.73770.74470.7578
Fibonacci0.70350.71110.71590.72360.73120.73600.7437

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): 31.47
MACD (12,26,9): -0.0014
Directional Movement: -17.5093
AROON (14): -21.4286
DEMA (21): 0.7073
Parabolic SAR (0,02-0,02-0,2): 0.7049
Elder Ray (13): -0.0015
Super Trend (3,10): 0.7105
Zig ZAG (10): 0.7067
VORTEX (21): 0.7984
Stochastique (14,3,5): 32.63
TEMA (21): 0.7066
Williams %R (14): -58.33
Chande Momentum Oscillator (20): 0.0017
Repulse (5,40,3): -0.0777
ROCnROLL: 2
TRIX (15,9): -0.0282
Courbe Coppock: 0.78
MA7: 0.7129
MA20: 0.7192
MA50: 0.7189
MA100: 0.7179
MAexp7: 0.7077
MAexp20: 0.7090
MAexp50: 0.7110
MAexp100: 0.7131
Price / MA7: -0.88%
Price / MA20: -1.75%
Price / MA50: -1.71%
Price / MA100: -1.57%
Price / MAexp7: -0.16%
Price / MAexp20: -0.34%
Price / MAexp50: -0.62%
Price / MAexp100: -0.91%

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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