NZD/USD - 1H - Technical analysis published on 01/27/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
50%
11%
My opinion
Bearish under 0.6660 USD
My targets
0.6565 USD (-0.0052)
0.6440 USD (-0.0177)
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 0.6660 USD. The sellers' bearish objective is set at 0.6565 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 0.6261 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 not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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This analysis was given by lud1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/USD rating 0.6617 USD. The price is lower by -0.66% since the last closing with the lowest point at 0.6596 USD and the highest point at 0.6661 USD. The deviation from the price is +0.32% for the low point and -0.66% for the high point.0.6596
0.6661
0.6617
A study of price movements over other periods shows the following variations:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/USD in 1H shows a overall strongly bearish trend. 92.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5684 | 0.6261 | 0.6440 | 0.6617 | 0.6660 | 0.6709 | 0.6739 |
| Change (%) | -14.10% | -5.38% | -2.67% | - | +0.65% | +1.39% | +1.84% |
| Change | -0.0933 | -0.0356 | -0.0177 | - | +0.0043 | +0.0092 | +0.0122 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6568 | 0.6603 | 0.6632 | 0.6667 | 0.6696 | 0.6731 | 0.6760 |
| Camarilla | 0.6643 | 0.6649 | 0.6655 | 0.6661 | 0.6667 | 0.6673 | 0.6679 |
| Woodie | 0.6565 | 0.6602 | 0.6629 | 0.6666 | 0.6693 | 0.6730 | 0.6757 |
| Fibonacci | 0.6603 | 0.6627 | 0.6643 | 0.6667 | 0.6691 | 0.6707 | 0.6731 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6565 | 0.6636 | 0.6676 | 0.6747 | 0.6787 | 0.6858 | 0.6898 |
| Camarilla | 0.6685 | 0.6695 | 0.6705 | 0.6715 | 0.6725 | 0.6735 | 0.6746 |
| Woodie | 0.6549 | 0.6628 | 0.6660 | 0.6739 | 0.6771 | 0.6850 | 0.6882 |
| Fibonacci | 0.6636 | 0.6679 | 0.6705 | 0.6747 | 0.6790 | 0.6816 | 0.6858 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6577 | 0.6639 | 0.6743 | 0.6805 | 0.6909 | 0.6971 | 0.7075 |
| Camarilla | 0.6800 | 0.6816 | 0.6831 | 0.6846 | 0.6861 | 0.6876 | 0.6892 |
| Woodie | 0.6597 | 0.6650 | 0.6763 | 0.6816 | 0.6929 | 0.6982 | 0.7095 |
| Fibonacci | 0.6639 | 0.6703 | 0.6742 | 0.6805 | 0.6869 | 0.6908 | 0.6971 |
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): | 34.28 | |
| MACD (12,26,9): | -0.0019 | |
| Directional Movement: | -18.9848 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 0.6611 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6641 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 0.6642 | |
| Zig ZAG (10): | 0.6617 | |
| VORTEX (21): | 0.7543 | |
| Stochastique (14,3,5): | 19.10 | |
| TEMA (21): | 0.6600 | |
| Williams %R (14): | -69.12 | |
| Chande Momentum Oscillator (20): | -0.0035 | |
| Repulse (5,40,3): | 0.1230 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0370 | |
| Courbe Coppock: | 1.92 |
| MA7: | 0.6703 | |
| MA20: | 0.6765 | |
| MA50: | 0.6794 | |
| MA100: | 0.6925 | |
| MAexp7: | 0.6615 | |
| MAexp20: | 0.6635 | |
| MAexp50: | 0.6661 | |
| MAexp100: | 0.6687 | |
| Price / MA7: | -1.28% | |
| Price / MA20: | -2.19% | |
| Price / MA50: | -2.61% | |
| Price / MA100: | -4.45% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | -0.27% | |
| Price / MAexp50: | -0.66% | |
| Price / MAexp100: | -1.05% |
Quotes :
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Real time data
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Forex
News
The last news published on NZD/USD at the time of the generation of this analysis was as follows:
-
Technical Analysis: 19/01/2022 - NZDUSD preserves buying interest with technical support
-
NZD/USD Forecast December 30, 2021
-
USD/JPY and NZD/USD Forecast November 26, 2021
-
Market Sentiment Data Send Bearish Signal for NZD/USD | Webinar
-
NZD/USD and USD/CAD Forecast November 16, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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