Londinia Opportunities Analyses - 11/19/2024 (GMT) AUD/NZD - 1H

- NZD (-)

- Real time data - Forex

Type:	Forex
Ticker:	AUDNZD
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

FX/Indices
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 1.1041 NZD

My targets

1.1076 NZD (+0.0018)

1.1148 NZD (+0.0090)

My analysis

AUD/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 1.1041 NZD. The next resistance located at 1.1076 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 1.1148 NZD. After this resistance, buyers could then target 1.1236 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

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Additional analysis

Quotes

The AUD/NZD rating is 1.1058 NZD. The price has increased by +0.13% since the last closing with the lowest point at 1.1043 NZD and the highest point at 1.1060 NZD. The deviation from the price is +0.14% for the low point and -0.02% for the high point.

1.1043

1.1060

1.1058

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AUD/NZD indicates that the overall trend is strongly bullish. 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.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.1023	1.1041	1.1054	1.1058	1.1065	1.1076	1.1085
Change (%)	-0.32%	-0.15%	-0.04%	-	+0.06%	+0.16%	+0.24%
Change	-0.0035	-0.0017	-0.0004	-	+0.0007	+0.0018	+0.0027
Level	Intermediate	Minor	Major	-	Minor	Minor	Intermediate

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	1.0967	1.0987	1.1015	1.1035	1.1063	1.1083	1.1111
Camarilla	1.1031	1.1035	1.1040	1.1044	1.1048	1.1053	1.1057
Woodie	1.0972	1.0989	1.1020	1.1037	1.1068	1.1085	1.1116
Fibonacci	1.0987	1.1005	1.1016	1.1035	1.1053	1.1064	1.1083

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0937	1.0966	1.0993	1.1022	1.1049	1.1078	1.1105
Camarilla	1.1004	1.1009	1.1014	1.1019	1.1024	1.1029	1.1034
Woodie	1.0935	1.0966	1.0991	1.1022	1.1047	1.1078	1.1103
Fibonacci	1.0966	1.0988	1.1001	1.1022	1.1044	1.1057	1.1078

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0711	1.0803	1.0908	1.1000	1.1105	1.1197	1.1302
Camarilla	1.0960	1.0978	1.0996	1.1014	1.1032	1.1050	1.1068
Woodie	1.0719	1.0806	1.0916	1.1003	1.1113	1.1200	1.1310
Fibonacci	1.0803	1.0878	1.0924	1.1000	1.1075	1.1121	1.1197

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):	65.51
MACD (12,26,9):	0.0005
Directional Movement:	13.2972
AROON (14):	57.1428
DEMA (21):	1.1053
Parabolic SAR (0,02-0,02-0,2):	1.1040
Elder Ray (13):	0.0006
Super Trend (3,10):	1.1030
Zig ZAG (10):	1.1058
VORTEX (21):	1.1111
Stochastique (14,3,5):	91.69
TEMA (21):	1.1054
Williams %R (14):	-4.76
Chande Momentum Oscillator (20):	0.0012
Repulse (5,40,3):	0.0893
ROCnROLL:	1
TRIX (15,9):	0.0058
Courbe Coppock:	0.05

MA7:	1.1034
MA20:	1.1030
MA50:	1.0992
MA100:	1.0985
MAexp7:	1.1052
MAexp20:	1.1046
MAexp50:	1.1039
MAexp100:	1.1035
Price / MA7:	+0.22%
Price / MA20:	+0.25%
Price / MA50:	+0.60%
Price / MA100:	+0.66%
Price / MAexp7:	+0.05%
Price / MAexp20:	+0.11%
Price / MAexp50:	+0.17%
Price / MAexp100:	+0.21%

Quotes : - Real time data - Forex

News

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