AUD/NZD

- NZD (-)

- Real time data - Forex

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Forex
Ticker:	AUDNZD
ISIN:

AUD/NZD - Daily - Technical analysis published on 04/10/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 1.0817 NZD

My targets

1.1044 NZD (+0.0132)

1.1236 NZD (+0.0324)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/NZD as long as the price remains well above 1.0817 NZD. The buyers' bullish objective is set at 1.1044 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1236 NZD. If there is any crossing, the next objective would be the resistance located at 1.1433 NZD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.1

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

Additional analysis

Quotes

The AUD/NZD price is 1.0912 NZD. The price registered a decrease of -0.15% on the session with the lowest point at 1.0895 NZD and the highest point at 1.0948 NZD. The deviation from the price is +0.16% for the low point and -0.33% for the high point.

1.0895

1.0948

1.0912

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of AUD/NZD indicates that the overall trend is strongly bullish. 89.29% 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 detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.0582	1.0679	1.0817	1.0912	1.0923	1.1044	1.1236
Change (%)	-3.02%	-2.14%	-0.87%	-	+0.10%	+1.21%	+2.97%
Change	-0.0330	-0.0233	-0.0095	-	+0.0011	+0.0132	+0.0324
Level	Major	Minor	Intermediate	-	Major	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0896	1.0911	1.0919	1.0934	1.0942	1.0957	1.0965
Camarilla	1.0922	1.0924	1.0926	1.0928	1.0930	1.0932	1.0934
Woodie	1.0894	1.0909	1.0917	1.0932	1.0940	1.0955	1.0963
Fibonacci	1.0911	1.0920	1.0925	1.0934	1.0943	1.0948	1.0957

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0838	1.0864	1.0903	1.0929	1.0968	1.0994	1.1033
Camarilla	1.0923	1.0929	1.0935	1.0941	1.0947	1.0953	1.0959
Woodie	1.0844	1.0867	1.0909	1.0932	1.0974	1.0997	1.1039
Fibonacci	1.0864	1.0889	1.0905	1.0929	1.0954	1.0970	1.0994

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0471	1.0568	1.0723	1.0820	1.0975	1.1072	1.1227
Camarilla	1.0810	1.0833	1.0856	1.0879	1.0902	1.0925	1.0948
Woodie	1.0501	1.0583	1.0753	1.0835	1.1005	1.1087	1.1257
Fibonacci	1.0568	1.0664	1.0723	1.0820	1.0916	1.0975	1.1072

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	64.38
MACD (12,26,9):	0.0052
Directional Movement:	14.0029
AROON (14):	71.4286
DEMA (21):	1.0942
Parabolic SAR (0,02-0,02-0,2):	1.0956
Elder Ray (13):	0.0022
Super Trend (3,10):	1.0830
Zig ZAG (10):	1.0910
VORTEX (21):	1.2154
Stochastique (14,3,5):	77.38
TEMA (21):	1.0963
Williams %R (14):	-38.46
Chande Momentum Oscillator (20):	0.0017
Repulse (5,40,3):	-0.2515
ROCnROLL:	1
TRIX (15,9):	0.0757
Courbe Coppock:	1.92

MA7:	1.0927
MA20:	1.0874
MA50:	1.0752
MA100:	1.0760
MAexp7:	1.0920
MAexp20:	1.0872
MAexp50:	1.0805
MAexp100:	1.0782
Price / MA7:	-0.14%
Price / MA20:	+0.35%
Price / MA50:	+1.49%
Price / MA100:	+1.41%
Price / MAexp7:	-0.07%
Price / MAexp20:	+0.37%
Price / MAexp50:	+0.99%
Price / MAexp100:	+1.21%

Quotes : - Real time data - Forex

News

The last news published on AUD/NZD at the time of the generation of this analysis was as follows:

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

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