Londinia Opportunities Analyses - 01/21/2022 (GMT) GBP/NZD - 1H
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 2.0163 NZD
My targets
2.0378 NZD (+0.0151)
2.0439 NZD (+0.0212)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GBP/NZD as long as the price remains well above 2.0163 NZD. The buyers' bullish objective is set at 2.0378 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.0439 NZD. If there is any crossing, the next objective would be the resistance located at 2.0949 NZD. 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
8.9
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
GBP/NZD rating 2.0227 NZD. The price registered an increase of +0.41% on the session and was between 2.0137 NZD and 2.0227 NZD. This implies that the price is at +0.45% from its lowest and at 0% from its highest.2.0137
2.0227
2.0227
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GBP/NZD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
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 resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 2.0134 | 2.0163 | 2.0208 | 2.0227 | 2.0439 | 2.0949 | 2.4519 |
Change (%) | -0.46% | -0.32% | -0.09% | - | +1.05% | +3.57% | +21.22% |
Change | -0.0093 | -0.0064 | -0.0019 | - | +0.0212 | +0.0722 | +0.4292 |
Level | Minor | Minor | Minor | - | Intermediate | Major | Intermediate |
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 |
---|---|---|---|---|---|---|---|
Standard | 1.9972 | 2.0014 | 2.0079 | 2.0121 | 2.0186 | 2.0228 | 2.0293 |
Camarilla | 2.0115 | 2.0124 | 2.0134 | 2.0144 | 2.0154 | 2.0164 | 2.0173 |
Woodie | 1.9984 | 2.0020 | 2.0091 | 2.0127 | 2.0198 | 2.0234 | 2.0305 |
Fibonacci | 2.0014 | 2.0055 | 2.0080 | 2.0121 | 2.0162 | 2.0187 | 2.0228 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.9775 | 1.9858 | 1.9976 | 2.0059 | 2.0177 | 2.0260 | 2.0378 |
Camarilla | 2.0040 | 2.0058 | 2.0077 | 2.0095 | 2.0113 | 2.0132 | 2.0150 |
Woodie | 1.9794 | 1.9867 | 1.9995 | 2.0068 | 2.0196 | 2.0269 | 2.0397 |
Fibonacci | 1.9858 | 1.9934 | 1.9982 | 2.0059 | 2.0135 | 2.0183 | 2.0260 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.9037 | 1.9196 | 1.9486 | 1.9645 | 1.9935 | 2.0094 | 2.0384 |
Camarilla | 1.9652 | 1.9693 | 1.9734 | 1.9775 | 1.9816 | 1.9857 | 1.9899 |
Woodie | 1.9102 | 1.9229 | 1.9551 | 1.9678 | 2.0000 | 2.0127 | 2.0449 |
Fibonacci | 1.9196 | 1.9368 | 1.9474 | 1.9645 | 1.9817 | 1.9923 | 2.0094 |
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): | 69.08 | |
MACD (12,26,9): | 0.0028 | |
Directional Movement: | 16.6533 | |
AROON (14): | 92.8571 | |
DEMA (21): | 2.0194 | |
Parabolic SAR (0,02-0,02-0,2): | 2.0155 | |
Elder Ray (13): | 0.0032 | |
Super Trend (3,10): | 2.0126 | |
Zig ZAG (10): | 2.0214 | |
VORTEX (21): | 1.1979 | |
Stochastique (14,3,5): | 84.27 | |
TEMA (21): | 2.0209 | |
Williams %R (14): | -6.02 | |
Chande Momentum Oscillator (20): | 0.0087 | |
Repulse (5,40,3): | 0.1556 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0169 | |
Courbe Coppock: | 0.99 |
MA7: | 2.0097 | |
MA20: | 1.9971 | |
MA50: | 1.9673 | |
MA100: | 1.9513 | |
MAexp7: | 2.0191 | |
MAexp20: | 2.0160 | |
MAexp50: | 2.0125 | |
MAexp100: | 2.0101 | |
Price / MA7: | +0.65% | |
Price / MA20: | +1.28% | |
Price / MA50: | +2.82% | |
Price / MA100: | +3.66% | |
Price / MAexp7: | +0.17% | |
Price / MAexp20: | +0.33% | |
Price / MAexp50: | +0.50% | |
Price / MAexp100: | +0.62% |
Quotes :
-
Real time data
-
Forex
News
Don't forget to follow the news on GBP/NZD. At the time of publication of this analysis, the latest news was as follows:
- Why I'm looking to buy GBPNZD: Coleman
- Why I'm looking to buy GBPNZD: Coleman
- GBP/NZD: Pound Has Upperhand
- Forex Trading Video: GBP/NZD The Cross Roads of BoE and RBNZ, Dollar Faces Wave of Data
- Forex Strategy Video: Time Frame Matters on Entry from Themes Like Risk Trends to GBPNZD