AUD/NZD

- NZD (-)

- Real time data - Forex

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Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	AUDNZD
ISIN:

AUD/NZD - Daily - Technical analysis published on 10/28/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

11%

44%

My opinion

Bullish above 1.0923 NZD

My targets

1.1148 NZD (+0.0111)

1.1236 NZD (+0.0199)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/NZD as long as the price remains well above 1.0923 NZD. The buyers' bullish objective is set at 1.1148 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1236 NZD. If there is any crossing, the next objective would be the resistance located at 1.1433 NZD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.8

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 charleslee08. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/NZD rating is 1.1037 NZD. The price registered a decrease of -0.16% on the session and was traded between 1.1036 NZD and 1.1062 NZD over the period. The price is currently at +0.01% from its lowest and -0.23% from its highest.

1.1036

1.1062

1.1037

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

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

A technical analysis in Daily of this AUD/NZD chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.0679	1.0739	1.0923	1.1037	1.1044	1.1148	1.1236
Change (%)	-3.24%	-2.70%	-1.03%	-	+0.06%	+1.01%	+1.80%
Change	-0.0358	-0.0298	-0.0114	-	+0.0007	+0.0111	+0.0199
Level	Minor	Minor	Major	-	Major	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.1026	1.1032	1.1044	1.1050	1.1062	1.1068	1.1080
Camarilla	1.1050	1.1052	1.1053	1.1055	1.1057	1.1058	1.1060
Woodie	1.1028	1.1034	1.1046	1.1052	1.1064	1.1070	1.1082
Fibonacci	1.1032	1.1039	1.1044	1.1050	1.1057	1.1062	1.1068

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0997	1.1013	1.1034	1.1050	1.1071	1.1087	1.1108
Camarilla	1.1045	1.1048	1.1052	1.1055	1.1058	1.1062	1.1065
Woodie	1.1000	1.1014	1.1037	1.1051	1.1074	1.1088	1.1111
Fibonacci	1.1013	1.1027	1.1036	1.1050	1.1064	1.1073	1.1087

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):	57.41
MACD (12,26,9):	0.0030
Directional Movement:	6.6655
AROON (14):	0
DEMA (21):	1.1061
Parabolic SAR (0,02-0,02-0,2):	1.1076
Elder Ray (13):	0.0014
Super Trend (3,10):	1.0934
Zig ZAG (10):	1.1044
VORTEX (21):	1.1789
Stochastique (14,3,5):	60.71
TEMA (21):	1.1072
Williams %R (14):	-42.86
Chande Momentum Oscillator (20):	-0.0015
Repulse (5,40,3):	0.0001
ROCnROLL:	1
TRIX (15,9):	0.0462
Courbe Coppock:	0.70

MA7:	1.1048
MA20:	1.1033
MA50:	1.0943
MA100:	1.0959
MAexp7:	1.1046
MAexp20:	1.1021
MAexp50:	1.0980
MAexp100:	1.0952
Price / MA7:	-0.10%
Price / MA20:	+0.04%
Price / MA50:	+0.86%
Price / MA100:	+0.71%
Price / MAexp7:	-0.07%
Price / MAexp20:	+0.15%
Price / MAexp50:	+0.53%
Price / MAexp100:	+0.79%

Quotes : - Real time data - Forex

News

The latest news and videos published on AUD/NZD at the time of the analysis were as follows:

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

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