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 11/29/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 0.6964 USD

My targets

0.6612 USD (-0.0212)

0.6440 USD (-0.0384)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NZD/USD as long as the price remains well below 0.6964 USD. The sellers' bearish objective is set at 0.6612 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6440 USD. In case of crossing, the next objective would be the support located at 0.6259 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

7.5

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

NZD/USD rating 0.6824 USD. On the day, this instrument gained +0.02% with the lowest point at 0.6810 USD and the highest point at 0.6840 USD. The deviation from the price is +0.21% for the low point and -0.23% for the high point.

0.6810

0.6840

0.6824

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, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of NZD/USD indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a strong bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back under the pivot point

Type : Bearish

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 this result:

Near support of channel

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.5684	0.6259	0.6440	0.6824	0.6851	0.6964	0.7065
Change (%)	-16.71%	-8.28%	-5.63%	-	+0.40%	+2.05%	+3.53%
Change	-0.1140	-0.0565	-0.0384	-	+0.0027	+0.0140	+0.0241
Level	Major	Major	Intermediate	-	Major	Minor	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
Standard	0.6756	0.6780	0.6802	0.6826	0.6848	0.6872	0.6894
Camarilla	0.6810	0.6815	0.6819	0.6823	0.6827	0.6831	0.6836
Woodie	0.6754	0.6780	0.6800	0.6826	0.6846	0.6872	0.6892
Fibonacci	0.6780	0.6798	0.6809	0.6826	0.6844	0.6855	0.6872

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6538	0.6672	0.6747	0.6881	0.6956	0.7090	0.7165
Camarilla	0.6766	0.6785	0.6804	0.6823	0.6842	0.6861	0.6881
Woodie	0.6510	0.6657	0.6719	0.6866	0.6928	0.7075	0.7137
Fibonacci	0.6672	0.6752	0.6801	0.6881	0.6961	0.7010	0.7090

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6612	0.6744	0.6955	0.7087	0.7298	0.7430	0.7641
Camarilla	0.7072	0.7103	0.7135	0.7166	0.7197	0.7229	0.7260
Woodie	0.6652	0.6764	0.6995	0.7107	0.7338	0.7450	0.7681
Fibonacci	0.6744	0.6875	0.6956	0.7087	0.7218	0.7299	0.7430

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):	30.08
MACD (12,26,9):	-0.0062
Directional Movement:	-20.7891
AROON (14):	-92.8571
DEMA (21):	0.6910
Parabolic SAR (0,02-0,02-0,2):	0.6930
Elder Ray (13):	-0.0116
Super Trend (3,10):	0.6999
Zig ZAG (10):	0.6829
VORTEX (21):	0.7477
Stochastique (14,3,5):	4.46
TEMA (21):	0.6850
Williams %R (14):	-92.38
Chande Momentum Oscillator (20):	-0.0188
Repulse (5,40,3):	-1.0574
ROCnROLL:	2
TRIX (15,9):	-0.0678
Courbe Coppock:	6.25

MA7:	0.6896
MA20:	0.7015
MA50:	0.7030
MA100:	0.7020
MAexp7:	0.6887
MAexp20:	0.6978
MAexp50:	0.7022
MAexp100:	0.7038
Price / MA7:	-1.04%
Price / MA20:	-2.72%
Price / MA50:	-2.93%
Price / MA100:	-2.79%
Price / MAexp7:	-0.91%
Price / MAexp20:	-2.21%
Price / MAexp50:	-2.82%
Price / MAexp100:	-3.04%

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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