EUR/NZD - 1H - Technical analysis published on 01/13/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
6%
83%
11%
My opinion
Bearish under 1.8443 NZD
My targets
1.8342 NZD (-0.0055)
1.8310 NZD (-0.0087)
My analysis
EUR/NZD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.8443 NZD. The next support located at 1.8342 NZD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.8310 NZD. Below this support, sellers could then target 1.8232 NZD.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.1
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/NZD price is 1.8397 NZD. The price is lower by -0.08% since the last closing and was between 1.8395 NZD and 1.8418 NZD. This implies that the price is at +0.01% from its lowest and at -0.11% from its highest.1.8395
1.8418
1.8397
Here is a more detailed summary of the historical variations registered by EUR/NZD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/NZD in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 15 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
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 | 1.8310 | 1.8342 | 1.8383 | 1.8397 | 1.8443 | 1.8478 | 1.8527 |
| Change (%) | -0.47% | -0.30% | -0.08% | - | +0.25% | +0.44% | +0.71% |
| Change | -0.0087 | -0.0055 | -0.0014 | - | +0.0046 | +0.0081 | +0.0130 |
| Level | Minor | Minor | Major | - | Major | Major | Major |
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 | 1.8344 | 1.8373 | 1.8392 | 1.8421 | 1.8440 | 1.8469 | 1.8488 |
| Camarilla | 1.8398 | 1.8402 | 1.8407 | 1.8411 | 1.8415 | 1.8420 | 1.8424 |
| Woodie | 1.8339 | 1.8371 | 1.8387 | 1.8419 | 1.8435 | 1.8467 | 1.8483 |
| Fibonacci | 1.8373 | 1.8391 | 1.8403 | 1.8421 | 1.8439 | 1.8451 | 1.8469 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8152 | 1.8226 | 1.8331 | 1.8405 | 1.8510 | 1.8584 | 1.8689 |
| Camarilla | 1.8388 | 1.8404 | 1.8421 | 1.8437 | 1.8453 | 1.8470 | 1.8486 |
| Woodie | 1.8169 | 1.8234 | 1.8348 | 1.8413 | 1.8527 | 1.8592 | 1.8706 |
| Fibonacci | 1.8226 | 1.8294 | 1.8336 | 1.8405 | 1.8473 | 1.8515 | 1.8584 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7256 | 1.7521 | 1.8012 | 1.8277 | 1.8768 | 1.9033 | 1.9524 |
| Camarilla | 1.8294 | 1.8363 | 1.8433 | 1.8502 | 1.8571 | 1.8641 | 1.8710 |
| Woodie | 1.7368 | 1.7578 | 1.8124 | 1.8334 | 1.8880 | 1.9090 | 1.9636 |
| Fibonacci | 1.7521 | 1.7810 | 1.7989 | 1.8277 | 1.8566 | 1.8745 | 1.9033 |
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): | 44.83 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -4.0560 | |
| AROON (14): | -85.7142 | |
| DEMA (21): | 1.8425 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8447 | |
| Elder Ray (13): | -0.0017 | |
| Super Trend (3,10): | 1.8482 | |
| Zig ZAG (10): | 1.8409 | |
| VORTEX (21): | 0.9982 | |
| Stochastique (14,3,5): | 15.40 | |
| TEMA (21): | 1.8419 | |
| Williams %R (14): | -84.00 | |
| Chande Momentum Oscillator (20): | -0.0015 | |
| Repulse (5,40,3): | -0.0623 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0027 | |
| Courbe Coppock: | 0.24 |
| MA7: | 1.8405 | |
| MA20: | 1.8403 | |
| MA50: | 1.8157 | |
| MA100: | 1.8022 | |
| MAexp7: | 1.8415 | |
| MAexp20: | 1.8424 | |
| MAexp50: | 1.8417 | |
| MAexp100: | 1.8408 | |
| Price / MA7: | -0.04% | |
| Price / MA20: | -0.03% | |
| Price / MA50: | +1.32% | |
| Price / MA100: | +2.08% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | -0.06% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on EUR/NZD. At the time of publication of this analysis, the latest news was as follows:
-
EUR/NZD Forecast November 18, 2024
-
EUR/NZD Forecast September 13, 2024
-
EUR/NZD Forecast September 4, 2024
-
EUR/NZD Forecast August 19, 2024
-
EUR/NZD Forecast June 7, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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