AUD/NZD - 1H - Technical analysis published on 05/09/2024 (GMT)
- 116
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
50%
11%
39%
My opinion
Neutral between 1.0953 NZD and 1.0993 NZD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 1.0993 NZD. The first support is located at 1.0953 NZD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by AUD/NZD.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
The AUD/NZD rating is 1.0972 NZD. On the day, this instrument gained +0.15% and was traded between 1.0950 NZD and 1.0980 NZD over the period. The price is currently at +0.20% from its lowest and -0.07% from its highest.1.0950
1.0980
1.0972
A study of price movements over other periods shows the following variations:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/NZD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
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 | 1.0881 | 1.0923 | 1.0953 | 1.0972 | 1.0974 | 1.0993 | 1.1019 |
| Change (%) | -0.83% | -0.45% | -0.17% | - | +0.02% | +0.19% | +0.43% |
| Change | -0.0091 | -0.0049 | -0.0019 | - | +0.0002 | +0.0021 | +0.0047 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0907 | 1.0930 | 1.0943 | 1.0966 | 1.0979 | 1.1002 | 1.1015 |
| Camarilla | 1.0946 | 1.0949 | 1.0953 | 1.0956 | 1.0959 | 1.0963 | 1.0966 |
| Woodie | 1.0902 | 1.0928 | 1.0938 | 1.0964 | 1.0974 | 1.1000 | 1.1010 |
| Fibonacci | 1.0930 | 1.0944 | 1.0952 | 1.0966 | 1.0980 | 1.0988 | 1.1002 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0884 | 1.0919 | 1.0958 | 1.0993 | 1.1032 | 1.1067 | 1.1106 |
| Camarilla | 1.0977 | 1.0983 | 1.0990 | 1.0997 | 1.1004 | 1.1011 | 1.1017 |
| Woodie | 1.0886 | 1.0920 | 1.0960 | 1.0994 | 1.1034 | 1.1068 | 1.1108 |
| Fibonacci | 1.0919 | 1.0947 | 1.0965 | 1.0993 | 1.1021 | 1.1039 | 1.1067 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0747 | 1.0802 | 1.0909 | 1.0964 | 1.1071 | 1.1126 | 1.1233 |
| Camarilla | 1.0972 | 1.0986 | 1.1001 | 1.1016 | 1.1031 | 1.1046 | 1.1061 |
| Woodie | 1.0773 | 1.0815 | 1.0935 | 1.0977 | 1.1097 | 1.1139 | 1.1259 |
| Fibonacci | 1.0802 | 1.0864 | 1.0902 | 1.0964 | 1.1026 | 1.1064 | 1.1126 |
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): | 55.36 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 4.1026 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 1.0971 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0963 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 1.0980 | |
| Zig ZAG (10): | 1.0974 | |
| VORTEX (21): | 1.0958 | |
| Stochastique (14,3,5): | 62.70 | |
| TEMA (21): | 1.0974 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | 0.0008 | |
| Repulse (5,40,3): | -0.0580 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0013 | |
| Courbe Coppock: | 0.24 |
| MA7: | 1.0995 | |
| MA20: | 1.0952 | |
| MA50: | 1.0877 | |
| MA100: | 1.0797 | |
| MAexp7: | 1.0971 | |
| MAexp20: | 1.0969 | |
| MAexp50: | 1.0972 | |
| MAexp100: | 1.0981 | |
| Price / MA7: | -0.21% | |
| Price / MA20: | +0.18% | |
| Price / MA50: | +0.87% | |
| Price / MA100: | +1.62% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0.08% |
Quotes :
-
Real time data
-
Forex
News
Don't forget to follow the news on AUD/NZD. At the time of publication of this analysis, the latest news was as follows:
-
Trading volatility: AUD/NZD on RBNZ rate decision
-
Trade of the Week: long AUD/NZD
-
#AUDNZD at six-week high as RBA considers raising rates...
-
Trading the Trend: short AUD/NZD
-
Australian Dollar Analysis: AUD/USD and AUD/NZD May Bounce Before Selloff Resumes
This member declared not having a position on this financial instrument or a related financial instrument.
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