NZD/USD
NZD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: NZDUSD
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NZD/USD - 1H - Technical analysis published on 06/09/2023 (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 bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.6105 USD
My targets
0.6179 USD (+0.0058)
0.6246 USD (+0.0125)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NZD/USD as long as the price remains well above 0.6105 USD. The buyers' bullish objective is set at 0.6179 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6246 USD. If there is any crossing, the next objective would be the resistance located at 0.6261 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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 Ahmadjdid. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

NZD/USD rating 0.6121 USD. The price registered an increase of +0.46% on the session and was between 0.6084 USD and 0.6124 USD. This implies that the price is at +0.61% from its lowest and at -0.05% from its highest.

0.6084
0.6124
0.6121

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NZD/USD indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6046 0.6085 0.6105 0.6121 0.6261 0.6367 0.6517
Change (%) -1.23% -0.59% -0.26% - +2.29% +4.02% +6.47%
Change -0.0075 -0.0036 -0.0016 - +0.0140 +0.0246 +0.0396
Level Intermediate Minor Major - Intermediate Minor Major



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
Standard0.59970.60180.60560.60770.61150.61360.6174
Camarilla0.60770.60820.60880.60930.60980.61040.6109
Woodie0.60050.60220.60640.60810.61230.61400.6182
Fibonacci0.60180.60410.60550.60770.61000.61140.6136


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.58680.59270.59940.60530.61200.61790.6246
Camarilla0.60270.60390.60510.60620.60740.60850.6097
Woodie0.58730.59290.59990.60550.61250.61810.6251
Fibonacci0.59270.59750.60050.60530.61010.61310.6179


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.54770.57310.58770.61310.62770.65310.6677
Camarilla0.59130.59500.59860.60230.60600.60960.6133
Woodie0.54230.57040.58230.61040.62230.65040.6623
Fibonacci0.57310.58840.59780.61310.62840.63780.6531

Numerical data


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

Technical indicators
Moving averages

RSI (14): 69.76
MACD (12,26,9): 0.0008
Directional Movement: 18.6362
AROON (14): 50.0000
DEMA (21): 0.6106
Parabolic SAR (0,02-0,02-0,2): 0.6088
Elder Ray (13): 0.0016
Super Trend (3,10): 0.6083
Zig ZAG (10): 0.6118
VORTEX (21): 1.1204
Stochastique (14,3,5): 87.97
TEMA (21): 0.6109
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.0025
Repulse (5,40,3): 0.3661
ROCnROLL: 1
TRIX (15,9): 0.0181
Courbe Coppock: 0.28
MA7: 0.6075
MA20: 0.6131
MA50: 0.6191
MA100: 0.6234
MAexp7: 0.6104
MAexp20: 0.6095
MAexp50: 0.6083
MAexp100: 0.6075
Price / MA7: +0.76%
Price / MA20: -0.16%
Price / MA50: -1.13%
Price / MA100: -1.81%
Price / MAexp7: +0.26%
Price / MAexp20: +0.41%
Price / MAexp50: +0.61%
Price / MAexp100: +0.74%

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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