Londinia Opportunities Analyses - 01/23/2025 (GMT) NZD/CAD - 1H

- CAD (-)

- Real time data - Forex

Type:	Forex
Ticker:	NZDCAD
ISIN:

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 0.8137 CAD

My targets

0.8181 CAD (+0.0031)

0.8210 CAD (+0.0060)

My analysis

NZD/CAD 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 0.8137 CAD. The next resistance located at 0.8181 CAD 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 0.8210 CAD. After this resistance, buyers could then target 0.8303 CAD. 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

8.8

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Additional analysis

Quotes

The NZD/CAD rating is 0.8150 CAD. The price has increased by +0.00% since the last closing with the lowest point at 0.8148 CAD and the highest point at 0.8154 CAD. The deviation from the price is +0.02% for the low point and -0.05% for the high point.

0.8148

0.8154

0.8150

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 results:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NZD/CAD 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.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8087	0.8113	0.8137	0.8150	0.8181	0.8303	0.8391
Change (%)	-0.77%	-0.45%	-0.16%	-	+0.38%	+1.88%	+2.96%
Change	-0.0063	-0.0037	-0.0013	-	+0.0031	+0.0153	+0.0241
Level	Intermediate	Minor	Major	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8055	0.8077	0.8113	0.8135	0.8171	0.8193	0.8229
Camarilla	0.8134	0.8139	0.8145	0.8150	0.8155	0.8161	0.8166
Woodie	0.8063	0.8081	0.8121	0.8139	0.8179	0.8197	0.8237
Fibonacci	0.8077	0.8099	0.8113	0.8135	0.8157	0.8171	0.8193

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7928	0.7961	0.8022	0.8055	0.8116	0.8149	0.8210
Camarilla	0.8056	0.8065	0.8073	0.8082	0.8091	0.8099	0.8108
Woodie	0.7941	0.7968	0.8035	0.8062	0.8129	0.8156	0.8223
Fibonacci	0.7961	0.7997	0.8019	0.8055	0.8091	0.8113	0.8149

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7677	0.7859	0.7950	0.8132	0.8223	0.8405	0.8496
Camarilla	0.7966	0.7991	0.8016	0.8041	0.8066	0.8091	0.8116
Woodie	0.7632	0.7836	0.7905	0.8109	0.8178	0.8382	0.8451
Fibonacci	0.7859	0.7963	0.8028	0.8132	0.8236	0.8301	0.8405

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):	61.82
MACD (12,26,9):	0.0007
Directional Movement:	12.5192
AROON (14):	28.5714
DEMA (21):	0.8147
Parabolic SAR (0,02-0,02-0,2):	0.8155
Elder Ray (13):	0.0009
Super Trend (3,10):	0.8119
Zig ZAG (10):	0.8151
VORTEX (21):	1.2026
Stochastique (14,3,5):	76.85
TEMA (21):	0.8150
Williams %R (14):	-18.52
Chande Momentum Oscillator (20):	0.0012
Repulse (5,40,3):	0.0754
ROCnROLL:	1
TRIX (15,9):	0.0096
Courbe Coppock:	0.49

MA7:	0.8108
MA20:	0.8084
MA50:	0.8163
MA100:	0.8270
MAexp7:	0.8146
MAexp20:	0.8139
MAexp50:	0.8128
MAexp100:	0.8112
Price / MA7:	+0.52%
Price / MA20:	+0.82%
Price / MA50:	-0.16%
Price / MA100:	-1.45%
Price / MAexp7:	+0.05%
Price / MAexp20:	+0.14%
Price / MAexp50:	+0.27%
Price / MAexp100:	+0.47%

Quotes : - Real time data - Forex

News

The latest news and videos published on NZD/CAD at the time of the analysis were as follows: