EUR/NZD - 1H - Technical analysis published on 01/22/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 1.8408 NZD
My targets
1.8357 NZD (-0.0019)
1.8335 NZD (-0.0041)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade EUR/NZD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.8408 NZD. The next bearish objective for sellers is set at 1.8357 NZD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.8335 NZD. In case of crossing, the next objective would be the support located at 1.8279 NZD. In the event of a bullish break in the resistance located at 1.8408 NZD a certain indecision would take hold.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/NZD rating is 1.8376 NZD. The price registered a decrease of -0.03% on the session with the lowest point at 1.8367 NZD and the highest point at 1.8424 NZD. The deviation from the price is +0.05% for the low point and -0.26% for the high point.1.8367
1.8424
1.8376
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/NZD in 1H shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.8279 | 1.8335 | 1.8357 | 1.8376 | 1.8389 | 1.8408 | 1.8442 |
| Change (%) | -0.53% | -0.22% | -0.10% | - | +0.07% | +0.17% | +0.36% |
| Change | -0.0097 | -0.0041 | -0.0019 | - | +0.0013 | +0.0032 | +0.0066 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | 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 | 1.8253 | 1.8295 | 1.8338 | 1.8380 | 1.8423 | 1.8465 | 1.8508 |
| Camarilla | 1.8359 | 1.8366 | 1.8374 | 1.8382 | 1.8390 | 1.8398 | 1.8405 |
| Woodie | 1.8255 | 1.8295 | 1.8340 | 1.8380 | 1.8425 | 1.8465 | 1.8510 |
| Fibonacci | 1.8295 | 1.8327 | 1.8347 | 1.8380 | 1.8412 | 1.8432 | 1.8465 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8033 | 1.8132 | 1.8264 | 1.8363 | 1.8495 | 1.8594 | 1.8726 |
| Camarilla | 1.8334 | 1.8355 | 1.8376 | 1.8397 | 1.8418 | 1.8439 | 1.8461 |
| Woodie | 1.8051 | 1.8140 | 1.8282 | 1.8371 | 1.8513 | 1.8602 | 1.8744 |
| Fibonacci | 1.8132 | 1.8220 | 1.8274 | 1.8363 | 1.8451 | 1.8505 | 1.8594 |
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): | 43.56 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -6.0025 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 1.8389 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8420 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 1.8424 | |
| Zig ZAG (10): | 1.8378 | |
| VORTEX (21): | 1.0512 | |
| Stochastique (14,3,5): | 26.80 | |
| TEMA (21): | 1.8384 | |
| Williams %R (14): | -86.27 | |
| Chande Momentum Oscillator (20): | -0.0034 | |
| Repulse (5,40,3): | -0.0951 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0004 | |
| Courbe Coppock: | 0.18 |
| MA7: | 1.8365 | |
| MA20: | 1.8401 | |
| MA50: | 1.8194 | |
| MA100: | 1.8055 | |
| MAexp7: | 1.8384 | |
| MAexp20: | 1.8391 | |
| MAexp50: | 1.8389 | |
| MAexp100: | 1.8385 | |
| Price / MA7: | +0.06% | |
| Price / MA20: | -0.14% | |
| Price / MA50: | +1.00% | |
| Price / MA100: | +1.78% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | -0.05% |
Quotes :
-
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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