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 11/10/2021 (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
33%
44%
22%
My opinion
Bearish under 0.7127 USD
My targets
0.7093 USD (-0.0010)
0.7065 USD (-0.0038)
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 0.7127 USD. The next support located at 0.7093 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 0.7065 USD. Below this support, sellers could then target 0.6964 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1

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 0.7103 USD. The price is lower by -0.28% since the last closing and was between 0.7097 USD and 0.7133 USD. This implies that the price is at +0.08% from its lowest and at -0.42% from its highest.

0.7097
0.7133
0.7103

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of NZD/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

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 0.6964 0.7065 0.7093 0.7103 0.7109 0.7127 0.7147
Change (%) -1.96% -0.53% -0.14% - +0.08% +0.34% +0.62%
Change -0.0139 -0.0038 -0.0010 - +0.0006 +0.0024 +0.0044
Level Intermediate Intermediate Minor - Intermediate Minor Minor



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
Standard0.70300.70700.70960.71360.71620.72020.7228
Camarilla0.71050.71110.71170.71230.71290.71350.7141
Woodie0.70240.70670.70900.71330.71560.71990.7222
Fibonacci0.70700.70950.71110.71360.71610.71770.7202


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.69320.70020.70580.71280.71840.72540.7310
Camarilla0.70790.70910.71030.71140.71260.71370.7149
Woodie0.69250.69990.70510.71250.71770.72510.7303
Fibonacci0.70020.70500.70800.71280.71760.72060.7254


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.66120.67440.69550.70870.72980.74300.7641
Camarilla0.70720.71030.71350.71660.71970.72290.7260
Woodie0.66520.67640.69950.71070.73380.74500.7681
Fibonacci0.67440.68750.69560.70870.72180.72990.7430

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 33.36
MACD (12,26,9): -0.0010
Directional Movement: -10.8862
AROON (14): -78.5714
DEMA (21): 0.7106
Parabolic SAR (0,02-0,02-0,2): 0.7097
Elder Ray (13): -0.0006
Super Trend (3,10): 0.7140
Zig ZAG (10): 0.7103
VORTEX (21): 0.8566
Stochastique (14,3,5): 35.46
TEMA (21): 0.7102
Williams %R (14): -62.16
Chande Momentum Oscillator (20): -0.0019
Repulse (5,40,3): 0.0457
ROCnROLL: 2
TRIX (15,9): -0.0201
Courbe Coppock: 0.56
MA7: 0.7132
MA20: 0.7140
MA50: 0.7067
MA100: 0.7028
MAexp7: 0.7111
MAexp20: 0.7119
MAexp50: 0.7130
MAexp100: 0.7133
Price / MA7: -0.41%
Price / MA20: -0.52%
Price / MA50: +0.51%
Price / MA100: +1.07%
Price / MAexp7: -0.11%
Price / MAexp20: -0.22%
Price / MAexp50: -0.38%
Price / MAexp100: -0.42%

Quotes : - Real time data - Forex

News


The latest news and videos published on NZD/USD at the time of the analysis were as follows:

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

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