AUD/NZD - 1H - Technical analysis published on 10/21/2024 (GMT)
- 112
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Neutral between 1.1028 NZD and 1.1065 NZD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 1.1028 NZD. The first resistance is located at 1.1065 NZD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, 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 neutral and are not able to influence the opinion of this 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 shadybhai. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/NZD rating 1.1040 NZD. The price registered a decrease of -0.06% on the session and was between 1.1029 NZD and 11,044.0996 NZD. This implies that the price is at +0.10% from its lowest and at -99.99% from its highest.1.1029
11,044.0996
1.1040
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/NZD chart shows a slightly bullish trend. Only 46.43% 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 does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
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 | 1.0991 | 1.1008 | 1.1028 | 1.1040 | 1.1044 | 1.1065 | 1.1077 |
| Change (%) | -0.44% | -0.29% | -0.11% | - | +0.04% | +0.23% | +0.34% |
| Change | -0.0049 | -0.0032 | -0.0012 | - | +0.0004 | +0.0025 | +0.0037 |
| Level | Intermediate | Minor | Minor | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0994 | 1.1016 | 1.1032 | 1.1054 | 1.1070 | 1.1092 | 1.1108 |
| Camarilla | 1.1037 | 1.1040 | 1.1044 | 1.1047 | 1.1051 | 1.1054 | 1.1058 |
| Woodie | 1.0990 | 1.1015 | 1.1028 | 1.1053 | 1.1066 | 1.1091 | 1.1104 |
| Fibonacci | 1.1016 | 1.1031 | 1.1040 | 1.1054 | 1.1069 | 1.1078 | 1.1092 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0914 | 1.0952 | 1.1000 | 1.1038 | 1.1086 | 1.1124 | 1.1172 |
| Camarilla | 1.1023 | 1.1031 | 1.1039 | 1.1047 | 1.1055 | 1.1063 | 1.1071 |
| Woodie | 1.0918 | 1.0955 | 1.1004 | 1.1041 | 1.1090 | 1.1127 | 1.1176 |
| Fibonacci | 1.0952 | 1.0985 | 1.1006 | 1.1038 | 1.1071 | 1.1092 | 1.1124 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0641 | 1.0711 | 1.0805 | 1.0875 | 1.0969 | 1.1039 | 1.1133 |
| Camarilla | 1.0854 | 1.0869 | 1.0884 | 1.0899 | 1.0914 | 1.0929 | 1.0944 |
| Woodie | 1.0653 | 1.0717 | 1.0817 | 1.0881 | 1.0981 | 1.1045 | 1.1145 |
| Fibonacci | 1.0711 | 1.0774 | 1.0812 | 1.0875 | 1.0938 | 1.0976 | 1.1039 |
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): | 47.62 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | 99.9997 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 1.1041 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,850.6710 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 843.2013 | |
| Zig ZAG (10): | 1.1041 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 0.00 | |
| TEMA (21): | 1.1037 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.0005 | |
| Repulse (5,40,3): | -3,424.8042 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0029 | |
| Courbe Coppock: | 0.13 |
| MA7: | 1.1038 | |
| MA20: | 1.0993 | |
| MA50: | 1.0937 | |
| MA100: | 1.0945 | |
| MAexp7: | 1.1040 | |
| MAexp20: | 1.1044 | |
| MAexp50: | 1.1044 | |
| MAexp100: | 1.1041 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | +0.43% | |
| Price / MA50: | +0.94% | |
| Price / MA100: | +0.87% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.01% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on AUD/NZD at the time of the analysis were as follows:
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Trading volatility: AUD/NZD on RBNZ rate decision
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Trade of the Week: long AUD/NZD
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#AUDNZD at six-week high as RBA considers raising rates...
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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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