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 09/23/2021 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
39%
33%
28%
My opinion
Bullish above 0.7050 USD
My targets
0.7198 USD (+0.0117)
0.7282 USD (+0.0201)
My analysis
NZD/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.7050 USD. The next resistance located at 0.7198 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.7282 USD. After this resistance, buyers could then target 0.7442 USD.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.1

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. 1H Weekly

Additional analysis

Quotes

The NZD/USD price is 0.7081 USD. The price registered an increase of +1.30% on the session with the lowest point at 0.6981 USD and the highest point at 0.7093 USD. The deviation from the price is +1.43% for the low point and -0.17% for the high point.

0.6981
0.7093
0.7081

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this NZD/USD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish 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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

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 2

Type : Neutral

Timeframe : Daily


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 resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6851 0.6965 0.7050 0.7081 0.7198 0.7282 0.7442
Change (%) -3.25% -1.64% -0.44% - +1.65% +2.84% +5.10%
Change -0.0230 -0.0116 -0.0031 - +0.0117 +0.0201 +0.0361
Level Major Intermediate Intermediate - Major Intermediate Minor



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
Standard0.68950.69410.69650.70110.70350.70810.7105
Camarilla0.69710.69770.69840.69900.69960.70030.7009
Woodie0.68850.69360.69550.70060.70250.70760.7095
Fibonacci0.69410.69670.69840.70110.70370.70540.7081


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.68660.69450.69920.70710.71180.71970.7244
Camarilla0.70030.70150.70270.70380.70500.70610.7073
Woodie0.68490.69370.69750.70630.71010.71890.7227
Fibonacci0.69450.69940.70230.70710.71200.71490.7197


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.65900.66980.68740.69820.71580.72660.7442
Camarilla0.69730.69990.70250.70510.70770.71030.7129
Woodie0.66250.67150.69090.69990.71930.72830.7477
Fibonacci0.66980.68060.68730.69820.70900.71570.7266

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): 54.94
MACD (12,26,9): 0.0008
Directional Movement: 6.3315
AROON (14): -100.0000
DEMA (21): 0.7066
Parabolic SAR (0,02-0,02-0,2): 0.7124
Elder Ray (13): -0.0017
Super Trend (3,10): 0.6970
Zig ZAG (10): 0.7082
VORTEX (21): 1.0409
Stochastique (14,3,5): 20.02
TEMA (21): 0.7064
Williams %R (14): -44.92
Chande Momentum Oscillator (20): -0.0012
Repulse (5,40,3): 0.6765
ROCnROLL: 1
TRIX (15,9): 0.0440
Courbe Coppock: 0.74
MA7: 0.7046
MA20: 0.7074
MA50: 0.7012
MA100: 0.7067
MAexp7: 0.7048
MAexp20: 0.7050
MAexp50: 0.7039
MAexp100: 0.7051
Price / MA7: +0.50%
Price / MA20: +0.10%
Price / MA50: +0.98%
Price / MA100: +0.20%
Price / MAexp7: +0.47%
Price / MAexp20: +0.44%
Price / MAexp50: +0.60%
Price / MAexp100: +0.43%

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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