AUD/NZD

- NZD (-)

- Real time data - Forex

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Forex
Ticker:	AUDNZD
ISIN:

AUD/NZD - Daily - Technical analysis published on 08/04/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

22%

67%

11%

My opinion

Neutral between 1.0822 NZD and 1.1023 NZD

My targets

My analysis

The short-term decline on AUD/NZD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 1.0822 NZD. The first resistance is located at 1.1023 NZD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.

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 Edd8011. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AUD/NZD rating 1.0947 NZD. The price has increased by +0.16% since the last closing and was between 1.0923 NZD and 1.0952 NZD. This implies that the price is at +0.22% from its lowest and at -0.05% from its highest.

1.0923

1.0952

1.0947

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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

Technical analysis of this Daily chart of AUD/NZD indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.0739	1.0822	1.0923	1.0947	1.1023	1.1130	1.1236
Change (%)	-1.90%	-1.14%	-0.22%	-	+0.69%	+1.67%	+2.64%
Change	-0.0208	-0.0125	-0.0024	-	+0.0076	+0.0183	+0.0289
Level	Intermediate	Intermediate	Major	-	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	1.0864	1.0888	1.0909	1.0933	1.0954	1.0978	1.0999
Camarilla	1.0918	1.0922	1.0926	1.0930	1.0934	1.0938	1.0942
Woodie	1.0863	1.0887	1.0908	1.0932	1.0953	1.0977	1.0998
Fibonacci	1.0888	1.0905	1.0916	1.0933	1.0950	1.0961	1.0978

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0608	1.0760	1.0845	1.0997	1.1082	1.1234	1.1319
Camarilla	1.0865	1.0887	1.0908	1.0930	1.0952	1.0974	1.0995
Woodie	1.0575	1.0743	1.0812	1.0980	1.1049	1.1217	1.1286
Fibonacci	1.0760	1.0851	1.0907	1.0997	1.1088	1.1144	1.1234

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0676	1.0801	1.0902	1.1027	1.1128	1.1253	1.1354
Camarilla	1.0940	1.0961	1.0981	1.1002	1.1023	1.1043	1.1064
Woodie	1.0663	1.0795	1.0889	1.1021	1.1115	1.1247	1.1341
Fibonacci	1.0801	1.0888	1.0941	1.1027	1.1114	1.1167	1.1253

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):	37.83
MACD (12,26,9):	0.0003
Directional Movement:	-12.7065
AROON (14):	-92.8571
DEMA (21):	1.1047
Parabolic SAR (0,02-0,02-0,2):	1.1126
Elder Ray (13):	-0.0093
Super Trend (3,10):	1.1094
Zig ZAG (10):	1.0936
VORTEX (21):	0.9507
Stochastique (14,3,5):	9.21
TEMA (21):	1.1014
Williams %R (14):	-89.87
Chande Momentum Oscillator (20):	-0.0157
Repulse (5,40,3):	-0.5186
ROCnROLL:	2
TRIX (15,9):	0.0495
Courbe Coppock:	1.31

MA7:	1.1023
MA20:	1.1068
MA50:	1.0941
MA100:	1.0930
MAexp7:	1.0997
MAexp20:	1.1026
MAexp50:	1.0981
MAexp100:	1.0928
Price / MA7:	-0.69%
Price / MA20:	-1.09%
Price / MA50:	+0.05%
Price / MA100:	+0.16%
Price / MAexp7:	-0.45%
Price / MAexp20:	-0.72%
Price / MAexp50:	-0.31%
Price / MAexp100:	+0.17%

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:

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

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