Londinia Opportunities Analyses - 01/21/2022 (GMT) GBP/NZD - 1H

- NZD (-)

- Real time data - Forex

Type:	Forex
Ticker:	GBPNZD
ISIN:

Londinia

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

89%

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

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

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

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

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: