NZD/USD

- USD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	NZDUSD
ISIN:

NZD/USD - Daily - Technical analysis published on 12/04/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

67%

28%

My opinion

Bullish above 0.6027 USD

My targets

0.6235 USD (+0.0064)

0.6318 USD (+0.0147)

My analysis

NZD/USD 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 0.6027 USD. The next resistance located at 0.6235 USD is the next bullish target 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 0.6318 USD. After this resistance, buyers could then target 0.6414 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.3

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

Additional analysis

Quotes

NZD/USD rating 0.6171 USD. The price registered a decrease of -0.61% on the session and was between 0.6158 USD and 0.6223 USD. This implies that the price is at +0.21% from its lowest and at -0.84% from its highest.

0.6158

0.6223

0.6171

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NZD/USD in Daily shows an overall bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.5792	0.5870	0.6027	0.6171	0.6235	0.6318	0.6414
Change (%)	-6.14%	-4.88%	-2.33%	-	+1.04%	+2.38%	+3.94%
Change	-0.0379	-0.0301	-0.0144	-	+0.0064	+0.0147	+0.0243
Level	Minor	Minor	Major	-	Minor	Minor	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	0.6111	0.6131	0.6170	0.6190	0.6229	0.6249	0.6288
Camarilla	0.6193	0.6198	0.6204	0.6209	0.6214	0.6220	0.6225
Woodie	0.6121	0.6136	0.6180	0.6195	0.6239	0.6254	0.6298
Fibonacci	0.6131	0.6154	0.6168	0.6190	0.6213	0.6227	0.6249

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5959	0.6010	0.6109	0.6160	0.6259	0.6310	0.6409
Camarilla	0.6168	0.6182	0.6195	0.6209	0.6223	0.6237	0.6250
Woodie	0.5984	0.6022	0.6134	0.6172	0.6284	0.6322	0.6434
Fibonacci	0.6010	0.6067	0.6102	0.6160	0.6217	0.6252	0.6310

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5473	0.5631	0.5893	0.6051	0.6313	0.6471	0.6733
Camarilla	0.6041	0.6079	0.6118	0.6156	0.6195	0.6233	0.6272
Woodie	0.5526	0.5657	0.5946	0.6077	0.6366	0.6497	0.6786
Fibonacci	0.5631	0.5791	0.5890	0.6051	0.6211	0.6310	0.6471

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):	66.15
MACD (12,26,9):	0.0068
Directional Movement:	21.8837
AROON (14):	100.0000
DEMA (21):	0.6140
Parabolic SAR (0,02-0,02-0,2):	0.6035
Elder Ray (13):	0.0093
Super Trend (3,10):	0.6007
Zig ZAG (10):	0.6169
VORTEX (21):	1.2196
Stochastique (14,3,5):	88.52
TEMA (21):	0.6190
Williams %R (14):	-18.73
Chande Momentum Oscillator (20):	0.0205
Repulse (5,40,3):	0.3812
ROCnROLL:	1
TRIX (15,9):	0.1268
Courbe Coppock:	6.73

MA7:	0.6145
MA20:	0.6034
MA50:	0.5959
MA100:	0.5985
MAexp7:	0.6143
MAexp20:	0.6059
MAexp50:	0.5998
MAexp100:	0.6011
Price / MA7:	+0.42%
Price / MA20:	+2.27%
Price / MA50:	+3.56%
Price / MA100:	+3.11%
Price / MAexp7:	+0.47%
Price / MAexp20:	+1.86%
Price / MAexp50:	+2.90%
Price / MAexp100:	+2.68%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on NZD/USD. At the time of publication of this analysis, the latest news was as follows:

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

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