Londinia Opportunities Analyses - 06/17/2021 (GMT) NZD/CHF - 1H

- CHF (-)
- Real time data - Forex
Type: Forex
Ticker: NZDCHF
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.6420 CHF
My targets
0.6457 CHF (+0.0021)
0.6475 CHF (+0.0039)
My analysis
NZD/CHF 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 0.6420 CHF. The next resistance located at 0.6457 CHF is the next bullish objective 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 0.6475 CHF. After this resistance, buyers could then target 0.6486 CHF. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. 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

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

NZD/CHF rating 0.6436 CHF. On the day, this instrument gained +0.19% and was between 0.6405 CHF and 0.6452 CHF. This implies that the price is at +0.48% from its lowest and at -0.25% from its highest.

0.6405
0.6452
0.6436

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of NZD/CHF in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6407 0.6420 0.6430 0.6436 0.6457 0.6475 0.6486
Change (%) -0.45% -0.25% -0.09% - +0.33% +0.61% +0.78%
Change -0.0029 -0.0016 -0.0006 - +0.0021 +0.0039 +0.0050
Level Minor Intermediate Major - Intermediate Minor Major



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
Standard0.63530.63690.63970.64130.64410.64570.6485
Camarilla0.64120.64160.64200.64240.64280.64320.6436
Woodie0.63580.63720.64020.64160.64460.64600.6490
Fibonacci0.63690.63860.63970.64130.64300.64410.6457


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62530.63250.63640.64360.64750.65470.6586
Camarilla0.63740.63840.63940.64040.64140.64240.6435
Woodie0.62380.63170.63490.64280.64600.65390.6571
Fibonacci0.63250.63670.63930.64360.64780.65040.6547


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.62640.63460.64410.65230.66180.67000.6795
Camarilla0.64880.65050.65210.65370.65530.65700.6586
Woodie0.62720.63490.64490.65260.66260.67030.6803
Fibonacci0.63460.64130.64550.65230.65900.66320.6700

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): 59.27
MACD (12,26,9): 0.0002
Directional Movement: 2.1005
AROON (14): -28.5714
DEMA (21): 0.6431
Parabolic SAR (0,02-0,02-0,2): 0.6407
Elder Ray (13): 0.0008
Super Trend (3,10): 0.6408
Zig ZAG (10): 0.6437
VORTEX (21): 1.0243
Stochastique (14,3,5): 70.04
TEMA (21): 0.6431
Williams %R (14): -7.89
Chande Momentum Oscillator (20): 0.0024
Repulse (5,40,3): 0.2087
ROCnROLL: 1
TRIX (15,9): 0.0034
Courbe Coppock: 0.14
MA7: 0.6420
MA20: 0.6466
MA50: 0.6516
MA100: 0.6543
MAexp7: 0.6431
MAexp20: 0.6427
MAexp50: 0.6423
MAexp100: 0.6424
Price / MA7: +0.25%
Price / MA20: -0.46%
Price / MA50: -1.23%
Price / MA100: -1.64%
Price / MAexp7: +0.08%
Price / MAexp20: +0.14%
Price / MAexp50: +0.20%
Price / MAexp100: +0.19%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on NZD/CHF. At the time of publication of this analysis, the latest news was as follows: