AUD/NZD - Daily - Technical analysis published on 09/16/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 1.0831 NZD
My targets
1.0987 NZD (+0.0112)
1.1159 NZD (+0.0284)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/NZD. As long as you are above the support located at 1.0831 NZD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.0987 NZD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1.1159 NZD as an objective. Crossing it would then enable buyers to target 1.1274 NZD. If the support 1.0831 NZD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.8
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This analysis was given by IJD Holdings. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/NZD rating is 1.0875 NZD. The price registered an increase of +0.01% on the session with the lowest point at 1.0868 NZD and the highest point at 1.0883 NZD. The deviation from the price is +0.06% for the low point and -0.07% for the high point.1.0868
1.0883
1.0875
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/NZD in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0377 | 1.0515 | 1.0831 | 1.0875 | 1.0987 | 1.1159 | 1.1274 |
| Change (%) | -4.58% | -3.31% | -0.40% | - | +1.03% | +2.61% | +3.67% |
| Change | -0.0498 | -0.0360 | -0.0044 | - | +0.0112 | +0.0284 | +0.0399 |
| Level | Minor | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0800 | 1.0829 | 1.0852 | 1.0881 | 1.0904 | 1.0933 | 1.0956 |
| Camarilla | 1.0860 | 1.0865 | 1.0869 | 1.0874 | 1.0879 | 1.0884 | 1.0888 |
| Woodie | 1.0796 | 1.0828 | 1.0848 | 1.0880 | 1.0900 | 1.0932 | 1.0952 |
| Fibonacci | 1.0829 | 1.0849 | 1.0862 | 1.0881 | 1.0901 | 1.0914 | 1.0933 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0761 | 1.0799 | 1.0861 | 1.0899 | 1.0961 | 1.0999 | 1.1061 |
| Camarilla | 1.0897 | 1.0906 | 1.0915 | 1.0924 | 1.0933 | 1.0942 | 1.0952 |
| Woodie | 1.0774 | 1.0805 | 1.0874 | 1.0905 | 1.0974 | 1.1005 | 1.1074 |
| Fibonacci | 1.0799 | 1.0837 | 1.0861 | 1.0899 | 1.0937 | 1.0961 | 1.0999 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0443 | 1.0580 | 1.0769 | 1.0906 | 1.1095 | 1.1232 | 1.1421 |
| Camarilla | 1.0867 | 1.0897 | 1.0927 | 1.0957 | 1.0987 | 1.1017 | 1.1047 |
| Woodie | 1.0468 | 1.0593 | 1.0794 | 1.0919 | 1.1120 | 1.1245 | 1.1446 |
| Fibonacci | 1.0580 | 1.0705 | 1.0782 | 1.0906 | 1.1031 | 1.1108 | 1.1232 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.90 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 0.8482 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 1.0909 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0824 | |
| Elder Ray (13): | -0.0018 | |
| Super Trend (3,10): | 1.0820 | |
| Zig ZAG (10): | 1.0875 | |
| VORTEX (21): | 0.9233 | |
| Stochastique (14,3,5): | 38.10 | |
| TEMA (21): | 1.0883 | |
| Williams %R (14): | -57.93 | |
| Chande Momentum Oscillator (20): | -0.0081 | |
| Repulse (5,40,3): | -0.1666 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0236 | |
| Courbe Coppock: | 1.17 |
| MA7: | 1.0895 | |
| MA20: | 1.0912 | |
| MA50: | 1.0830 | |
| MA100: | 1.0761 | |
| MAexp7: | 1.0887 | |
| MAexp20: | 1.0892 | |
| MAexp50: | 1.0842 | |
| MAexp100: | 1.0760 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | -0.34% | |
| Price / MA50: | +0.42% | |
| Price / MA100: | +1.06% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | +0.30% | |
| Price / MAexp100: | +1.07% |
Quotes :
2020-09-16 04:12:54
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Real time data
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Forex
News
The last news published on AUD/NZD at the time of the generation of this analysis was as follows:
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Australian Dollar Analysis: AUD/USD and AUD/NZD May Bounce Before Selloff Resumes
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EURUSD, USDJPY and AUDNZD Absorb ECB, Risk Trends, Key Data
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This member declared not having a position on this financial instrument or a related financial instrument.
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