EUR/NZD

- NZD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURNZD
ISIN:

EUR/NZD - 1H - Technical analysis published on 03/19/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 1.7901 NZD

My targets

1.8024 NZD (+0.0094)

1.8148 NZD (+0.0218)

My analysis

The bullish trend is currently very strong on EUR/NZD. As long as the price remains above the support at 1.7901 NZD, you could try to benefit from the boom. The first bullish objective is located at 1.8024 NZD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.8148 NZD as an objective. Crossing it would then enable buyers to target 1.8243 NZD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

Comment on the analysis

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 dtaccori. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

EUR/NZD rating 1.7930 NZD. The price registered an increase of +0.30% on the session and was between 1.7877 NZD and 1.7971 NZD. This implies that the price is at +0.30% from its lowest and at -0.23% from its highest.

1.7877

1.7971

1.7930

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by EUR/NZD:

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

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of EUR/NZD in 1H shows a strongly overall bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.7854	1.7901	1.7928	1.7930	1.8024	1.8148	1.8243
Change (%)	-0.42%	-0.16%	-0.01%	-	+0.52%	+1.22%	+1.75%
Change	-0.0076	-0.0029	-0.0002	-	+0.0094	+0.0218	+0.0313
Level	Intermediate	Intermediate	Major	-	Minor	Minor	Intermediate

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
Standard	1.7802	1.7827	1.7852	1.7877	1.7902	1.7927	1.7952
Camarilla	1.7863	1.7868	1.7872	1.7877	1.7882	1.7886	1.7891
Woodie	1.7802	1.7827	1.7852	1.7877	1.7902	1.7927	1.7952
Fibonacci	1.7827	1.7846	1.7858	1.7877	1.7896	1.7908	1.7927

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.7537	1.7614	1.7746	1.7823	1.7955	1.8032	1.8164
Camarilla	1.7822	1.7841	1.7860	1.7879	1.7898	1.7917	1.7937
Woodie	1.7566	1.7628	1.7775	1.7837	1.7984	1.8046	1.8193
Fibonacci	1.7614	1.7694	1.7743	1.7823	1.7903	1.7952	1.8032

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.7117	1.7279	1.7515	1.7677	1.7913	1.8075	1.8311
Camarilla	1.7642	1.7678	1.7715	1.7751	1.7788	1.7824	1.7861
Woodie	1.7154	1.7298	1.7552	1.7696	1.7950	1.8094	1.8348
Fibonacci	1.7279	1.7431	1.7525	1.7677	1.7829	1.7923	1.8075

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):	58.99
MACD (12,26,9):	0.0018
Directional Movement:	13.1494
AROON (14):	85.7143
DEMA (21):	1.7939
Parabolic SAR (0,02-0,02-0,2):	1.7923
Elder Ray (13):	0.0011
Super Trend (3,10):	1.7886
Zig ZAG (10):	1.7933
VORTEX (21):	1.1146
Stochastique (14,3,5):	72.39
TEMA (21):	1.7946
Williams %R (14):	-33.95
Chande Momentum Oscillator (20):	0.0056
Repulse (5,40,3):	-0.1259
ROCnROLL:	1
TRIX (15,9):	0.0122
Courbe Coppock:	0.70

MA7:	1.7816
MA20:	1.7722
MA50:	1.7700
MA100:	1.7739
MAexp7:	1.7935
MAexp20:	1.7916
MAexp50:	1.7885
MAexp100:	1.7849
Price / MA7:	+0.64%
Price / MA20:	+1.17%
Price / MA50:	+1.30%
Price / MA100:	+1.08%
Price / MAexp7:	-0.03%
Price / MAexp20:	+0.08%
Price / MAexp50:	+0.25%
Price / MAexp100:	+0.45%

Quotes : - Real time data - Forex

News

The latest news and videos published on EUR/NZD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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