AUD/NZD - 1H - Technical analysis published on 07/26/2024 (GMT)
- 133
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.1102 NZD
My targets
1.1130 NZD (+0.0015)
1.1153 NZD (+0.0038)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade AUD/NZD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.1102 NZD. The buyers' bullish objective is set at 1.1130 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1153 NZD. If there is any crossing, the next objective would be the resistance located at 1.1236 NZD. If there is a bearish break in the support located at 1.1102 NZD some indecision would arise.
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
0
10
5.4
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 world script ltda. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/NZD rating is 1.1115 NZD. The price registered an increase of +0.09% on the session with the lowest point at 1.1104 NZD and the highest point at 1.1116 NZD. The deviation from the price is +0.10% for the low point and -0.01% for the high point.1.1104
1.1116
1.1115
Here is a more detailed summary of the historical variations registered by AUD/NZD:
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 AUD/NZD in 1H shows an overall slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1081 | 1.1088 | 1.1102 | 1.1115 | 1.1130 | 1.1137 | 1.1153 |
| Change (%) | -0.31% | -0.24% | -0.12% | - | +0.13% | +0.20% | +0.34% |
| Change | -0.0034 | -0.0027 | -0.0013 | - | +0.0015 | +0.0022 | +0.0038 |
| Level | Minor | Minor | Intermediate | - | Major | Intermediate | Minor |
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 | 1.0980 | 1.1008 | 1.1057 | 1.1085 | 1.1134 | 1.1162 | 1.1211 |
| Camarilla | 1.1084 | 1.1091 | 1.1098 | 1.1105 | 1.1112 | 1.1119 | 1.1126 |
| Woodie | 1.0990 | 1.1013 | 1.1067 | 1.1090 | 1.1144 | 1.1167 | 1.1221 |
| Fibonacci | 1.1008 | 1.1038 | 1.1056 | 1.1085 | 1.1115 | 1.1133 | 1.1162 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0978 | 1.1019 | 1.1071 | 1.1112 | 1.1164 | 1.1205 | 1.1257 |
| Camarilla | 1.1097 | 1.1106 | 1.1115 | 1.1123 | 1.1132 | 1.1140 | 1.1149 |
| Woodie | 1.0984 | 1.1022 | 1.1077 | 1.1115 | 1.1170 | 1.1208 | 1.1263 |
| Fibonacci | 1.1019 | 1.1055 | 1.1077 | 1.1112 | 1.1148 | 1.1170 | 1.1205 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0569 | 1.0651 | 1.0800 | 1.0882 | 1.1031 | 1.1113 | 1.1262 |
| Camarilla | 1.0886 | 1.0907 | 1.0928 | 1.0949 | 1.0970 | 1.0991 | 1.1013 |
| Woodie | 1.0603 | 1.0668 | 1.0834 | 1.0899 | 1.1065 | 1.1130 | 1.1296 |
| Fibonacci | 1.0651 | 1.0739 | 1.0794 | 1.0882 | 1.0970 | 1.1025 | 1.1113 |
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): | 60.41 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 4.0506 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 1.1101 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1097 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 1.1074 | |
| Zig ZAG (10): | 1.1109 | |
| VORTEX (21): | 1.1567 | |
| Stochastique (14,3,5): | 90.42 | |
| TEMA (21): | 1.1111 | |
| Williams %R (14): | -7.69 | |
| Chande Momentum Oscillator (20): | 0.0024 | |
| Repulse (5,40,3): | 0.0829 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0023 | |
| Courbe Coppock: | 0.86 |
| MA7: | 1.1106 | |
| MA20: | 1.1061 | |
| MA50: | 1.0924 | |
| MA100: | 1.0915 | |
| MAexp7: | 1.1105 | |
| MAexp20: | 1.1096 | |
| MAexp50: | 1.1096 | |
| MAexp100: | 1.1100 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | +0.49% | |
| Price / MA50: | +1.75% | |
| Price / MA100: | +1.83% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | +0.14% |
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:
-
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis AUD/NZD - 1H