AUD/NZD

- NZD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDNZD
ISIN:

AUD/NZD - 1H - Technical analysis published on 08/07/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 1.0923 NZD

My targets

1.0822 NZD (-0.0075)

1.0739 NZD (-0.0158)

My analysis

The bearish trend is currently very strong for AUD/NZD. As long as the price remains below the resistance at 1.0923 NZD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.0822 NZD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.0739 NZD as an objective. Crossing it would then enable sellers to target 1.0580 NZD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

5.9

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

Additional analysis

Quotes

AUD/NZD rating 1.0897 NZD. On the day, this instrument lost -0.07% and was between 1.0876 NZD and 1.0922 NZD. This implies that the price is at +0.19% from its lowest and at -0.23% from its highest.

1.0876

1.0922

1.0897

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

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

A technical analysis in 1H of this AUD/NZD chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 5 are neutral and 9 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.0580	1.0739	1.0822	1.0897	1.0923	1.1007	1.1044
Change (%)	-2.91%	-1.45%	-0.69%	-	+0.24%	+1.01%	+1.35%
Change	-0.0317	-0.0158	-0.0075	-	+0.0026	+0.0110	+0.0147
Level	Intermediate	Intermediate	Major	-	Major	Intermediate	Major

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	1.0731	1.0807	1.0856	1.0932	1.0981	1.1057	1.1106
Camarilla	1.0871	1.0882	1.0894	1.0905	1.0917	1.0928	1.0939
Woodie	1.0718	1.0800	1.0843	1.0925	1.0968	1.1050	1.1093
Fibonacci	1.0807	1.0855	1.0884	1.0932	1.0980	1.1009	1.1057

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):	41.55
MACD (12,26,9):	-0.0009
Directional Movement:	-6.2855
AROON (14):	-28.5714
DEMA (21):	1.0903
Parabolic SAR (0,02-0,02-0,2):	1.0930
Elder Ray (13):	-0.0005
Super Trend (3,10):	1.0953
Zig ZAG (10):	1.0898
VORTEX (21):	0.8388
Stochastique (14,3,5):	63.77
TEMA (21):	1.0897
Williams %R (14):	-56.52
Chande Momentum Oscillator (20):	-0.0009
Repulse (5,40,3):	-0.1345
ROCnROLL:	2
TRIX (15,9):	-0.0137
Courbe Coppock:	0.31

MA7:	1.0957
MA20:	1.1054
MA50:	1.0945
MA100:	1.0932
MAexp7:	1.0906
MAexp20:	1.0915
MAexp50:	1.0926
MAexp100:	1.0943
Price / MA7:	-0.55%
Price / MA20:	-1.42%
Price / MA50:	-0.44%
Price / MA100:	-0.32%
Price / MAexp7:	-0.08%
Price / MAexp20:	-0.16%
Price / MAexp50:	-0.27%
Price / MAexp100:	-0.42%

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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