EUR/NZD

- NZD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURNZD
ISIN:

EUR/NZD - Daily - Technical analysis published on 12/30/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 1.8232 NZD

My targets

1.8660 NZD (+0.0237)

1.9151 NZD (+0.0728)

My analysis

EUR/NZD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.8232 NZD. The next resistance located at 1.8660 NZD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.9151 NZD. After this resistance, buyers could then target 2.5511 NZD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.2

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

Additional analysis

Quotes

The EUR/NZD price is 1.8423 NZD. The price is lower by -0.36% since the last closing and was traded between 1.8421 NZD and 1.8543 NZD over the period. The price is currently at +0.01% from its lowest and -0.65% from its highest.

1.8421

1.8543

1.8423

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by EUR/NZD:

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

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this EUR/NZD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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 strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Grip top and gravestone

Type : Bearish

Timeframe : Daily

Black hanging man / hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.7552	1.7928	1.8232	1.8423	1.8443	1.9151	2.5511
Change (%)	-4.73%	-2.69%	-1.04%	-	+0.11%	+3.95%	+38.47%
Change	-0.0871	-0.0495	-0.0191	-	+0.0020	+0.0728	+0.7088
Level	Minor	Major	Major	-	Intermediate	Minor	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	1.8408	1.8445	1.8468	1.8505	1.8528	1.8565	1.8588
Camarilla	1.8474	1.8479	1.8485	1.8490	1.8496	1.8501	1.8507
Woodie	1.8400	1.8442	1.8460	1.8502	1.8520	1.8562	1.8580
Fibonacci	1.8445	1.8468	1.8482	1.8505	1.8528	1.8542	1.8565

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.8233	1.8305	1.8398	1.8470	1.8563	1.8635	1.8728
Camarilla	1.8445	1.8460	1.8475	1.8490	1.8505	1.8520	1.8535
Woodie	1.8243	1.8310	1.8408	1.8475	1.8573	1.8640	1.8738
Fibonacci	1.8305	1.8368	1.8407	1.8470	1.8533	1.8572	1.8635

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.7163	1.7455	1.7662	1.7954	1.8161	1.8453	1.8660
Camarilla	1.7733	1.7779	1.7824	1.7870	1.7916	1.7962	1.8007
Woodie	1.7122	1.7434	1.7621	1.7933	1.8120	1.8432	1.8619
Fibonacci	1.7455	1.7645	1.7763	1.7954	1.8144	1.8262	1.8453

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	63.84
MACD (12,26,9):	0.0132
Directional Movement:	15.2081
AROON (14):	92.8571
DEMA (21):	1.8436
Parabolic SAR (0,02-0,02-0,2):	1.8379
Elder Ray (13):	0.0132
Super Trend (3,10):	1.8172
Zig ZAG (10):	1.8427
VORTEX (21):	1.2215
Stochastique (14,3,5):	88.79
TEMA (21):	1.8517
Williams %R (14):	-22.16
Chande Momentum Oscillator (20):	0.0291
Repulse (5,40,3):	-0.2626
ROCnROLL:	1
TRIX (15,9):	0.0856
Courbe Coppock:	4.68

MA7:	1.8452
MA20:	1.8222
MA50:	1.8087
MA100:	1.7997
MAexp7:	1.8425
MAexp20:	1.8277
MAexp50:	1.8125
MAexp100:	1.8034
Price / MA7:	-0.16%
Price / MA20:	+1.10%
Price / MA50:	+1.86%
Price / MA100:	+2.37%
Price / MAexp7:	-0.01%
Price / MAexp20:	+0.80%
Price / MAexp50:	+1.65%
Price / MAexp100:	+2.16%

Quotes : - Real time data - Forex

News

The latest news and videos published on EUR/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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